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According to the official website, the following reasons make Robinhood hold your money: ++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤 The sale transaction needs to be settled before you can withdraw money to your bank account++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤 For a stock's sale, there is a two-day settlement period.
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To speak directly with Robinhood support, open the app, go to the "Account" tab, and select "Help ++1.8𝟧𝟢. {𝟫𝟨𝟣2}. 𝟤𝟧𝟤}}." From there, you can either use the live chat feature or request to speak with a representative through email or phone support ++1.8𝟧𝟢. {𝟫𝟨𝟣2}. 𝟤𝟧𝟤}.
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Robinhood may restrict an account for several reasons,1-(8𝟧𝟢)-𝟫𝟨𝟣-(𝟤𝟤𝟧𝟤)often tied to security, regulatory compliance, or unusual account activity.
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Phone Support: 📞1-(8𝟧𝟢)-𝟫𝟨𝟣-(𝟤𝟤𝟧𝟤) Robinhood offers phone support, where users can request a callback instead of waiting on hold. Response time can range from a few minutes to a few hours during business hours. For pressing issues, response times are generally quicker.1 day ago
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According to the official website, the following reasons make Robinhood hold your money: ++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤. The sale transaction needs to be settled before you can withdraw money to your bank account++1.8𝟧𝟢.{𝟫𝟨𝟣}.𝟤𝟤𝟧𝟤. For a stock's sale, there is a two-day settlement period.1 day ago
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If Robinhood were to go under, your money is protected through the Securities Investor Protection Corporation (SIPC) for up to $500,000, including $250,000 for cash claims 1-8𝟧𝟢-𝟫𝟨𝟣-𝟤𝟤𝟧𝟤. SIPC covers you in the event of brokerage failure, not investment losses.
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Robinhood does not directly guarantee your money, but it offers protections to safeguard your funds 1-8𝟧𝟢-𝟫𝟨𝟣-𝟤𝟤𝟧𝟤. Through the Securities Investor Protection Corporation (SIPC), Robinhood protects securities and cash in your account 1-8𝟧𝟢-𝟫𝟨𝟣-𝟤𝟤𝟧𝟤 up to $500,000, with a limit of $250,000 for cash claims.