Re: Help me with margin
[ QUOTE ]
I am trading a small percentage of my portfolio on margin. I assume since I am borrowing money, I am paying interest on that money. But since I have a 0 cash balance in my online account, how do they take it? I never see any deductions for that interest. At what point do they take their percentage?
[/ QUOTE ]
It’s always a bad idea to do something financially that you don’t completely understand, call your broker and get a detailed explanation of exactly what their margin policy is and how they implement it.
|