FinTech

What Does “Request Was Throttled” on Robinhood Mean and How to Solve It

What Does “Request Was Throttled” on Robinhood Mean and How to Solve It

There are times you are unable to log into your Robinhood account via web version. ”Request was throttled” is the only response you get. This can be frustrating and you might not be able to transact or monitor your assets. Having an understanding of why this happens may reduce your frustration you have on Robinhood. …

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How to Remove Pattern Day Trader Status in Robinhood

How to Remove Pattern Day Trader Status in Robinhood

Robinhood employs specific rules to protect investors, and one of them is the Pattern Day Trading (PDT) rule. When a margin account holder executes four or more day trades within a five-day consecutive trading period, they are generally flagged as pattern day traders. Once classified as such, the account then attracts a 90-day freeze penalty, …

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