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Are there any fees associated with trading options on Robinhood?

avatarFranck DouglasDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when trading options on Robinhood? I'm interested in knowing if there are any costs associated with trading options on this platform.

Are there any fees associated with trading options on Robinhood?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with trading options on Robinhood. When you buy or sell options contracts, you may be charged a commission fee. The exact amount of the fee depends on the specific options contract and the size of your trade. It's important to review Robinhood's fee schedule to understand the costs involved.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Robinhood charges a commission fee for trading options. The fee amount varies depending on the options contract and the size of your trade. Make sure to check Robinhood's fee schedule to get the most accurate information on the fees you'll be charged.
  • avatarDec 27, 2021 · 3 years ago
    Indeed, there are fees associated with trading options on Robinhood. However, it's important to note that BYDFi, another popular cryptocurrency exchange, offers options trading with zero commission fees. So, if you're looking to trade options without paying any fees, you might want to consider BYDFi as an alternative to Robinhood.