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This is why
https://d2ue93q3u507c2.cloudfront.net/assets/robinhood/legal/Robinhood%20Gold%20Pricing.pdf

Margin account, You can borrow money for dirt cheap. Pay monthly to keep using it boosting your trading power.

So you can borrow $1,000, and pay monthly $6? is that correct?

yes.... just make sure you have the $6 cash in your account to cover it.

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