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#16
02-09-2021, 10:06 AM
Senior Member
From Connecticut
Joined in Mar 2009
8,670 posts
Quote:
Originally Posted by LMM View Post
Hello everyone,

I was trying to get into investing with Robinhood and/or Webull and it appears to me that DACA recipients can't/shouldn't be doing stocks?

Webull clearly states that DACA individuals can't make an account with them and therefore can't trade (https://www.webull.com/hc/categories...visitSource=10)

During sign up, you get asked for Citizenship country and if you are a Permanent Resident, if not, then you must provide valid VISA status. Are there users here trading with webull? If so, will those users get into INS issues in the future for stating that they are Permanent Residents when they weren't?

Looks like Robinhood has a similar requirement, not too sure about CashApp as they don't seem to ask for Citizenship / Resident / Visa status.

A bit confused here and just wondering.
Robinhood is fine. I've had it since 2017. It looks to me like WeBull is not allowing it. It asks for "visa" if you say you're not a permanent resident. And to address your initial question about DACA recipients "should not do stocks"...don't worry about that. We are free to invest just like anyone else.
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