Not sure if I am doing this correctly so please excuse my ignorance as I just signed up. I am a 4 month old ape and have a question about Robinhood. I created an account with Td Ameritrade, but unfortunately I have to wait to transfer my Robinhood account until this Friday over a 50 dollar deposit that is pending from this pass Saturday. My question is, lets say hypothetically, I stay with Robinhood instead of risking having my funds in limbo and the squeeze occurs, Could Robinhood really prevent me from selling shares? Also I have heard of people saying they can liquidate your account or margin call you and or sell off your shares without your permission, But how is that even possible if my shares where not purchased with borrowed money?
I have heard of many problems with Robinhood screwing around with blocking transactions and other problems. I am with ETrade and have experienced no problems at all. I would not want to be with RH at this time at all.