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I just received an email from Robinhood saying the following : Hi Felix, A withdrawal restriction has been placed on your brokerage account. This means you cannot transfer money from Robinhood to other accounts using any method, and any transactions using your Robinhood debit card or ACH account and routing number will be declined. Please note that you can still deposit funds into your brokerage account.

Why did this happen and will I not be able to take the money back to my bank account? I’m obviously new to the whole investing thing and I’m scared that I fucked something up and that I won’t be able to get that money back. All the bank transfers went through properly and I’m not in the negatives so I haven’t got a clue what’s going on. Any help would be appreciated. Thanks



Submitted February 12, 2021 at 10:36PM by Felix_FedEx https://ift.tt/2MTWDgM

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