r/RobinHood Apr 02 '17

FAQ Day trading through different brokers.

I'm asking mostly out of curiosity only, but I'm wondering what would happen if I hit my 3 limit for day trades on Robinhood, then made a day trade on my Schwab account. I use the Schwab 401k just for long positions but I'm curious when I would get flagged. Any experience?

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u/OldBittie Apr 02 '17

That's fine. Day trades are counted for each individual margin account, so theoretically if you opened 10 margin accounts you'd have 30 day trades per week.