LogFAQs > #936952562

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Stock Topic 2
Moonroof 04/07/20 1:57:44 PM #453:	Menji posted... Also, do you know what the interest you'll pay is? I assume if you buy on margin while you wait for funds to settle they're charging you for that period. My understanding is that the only time Id be charged interest is when I borrow more money than I have in my account at that time, settled or unsettled. Meaning there wouldnt be any interest for investing unsettled funds. Regardless, I dont know how much interest would be charged. Rai_Jin posted... Would a cash account do the same thing? I know you can daytrade with under 25k funds with an account with no margin. Except you can't short stock either. I am not sure, probably a question for your institution. <cite>Moonroof posted [p:936952562] in Stock Topi... [t:78520274]...</cite> <quote>Menji posted... </cite> <quote>Also, do you know what the interest you'll pay is? I assume if you buy on margin while you wait for funds to settle they're charging you for that period.</quote> My understanding is that the only time Id be charged interest is when I borrow more money than I have in my account at that time, settled or unsettled. Meaning there wouldnt be any interest for investing unsettled funds. Regardless, I dont know how much interest would be charged. Rai_Jin posted... </cite> <quote>Would a cash account do the same thing? I know you can daytrade with under 25k funds with an account with no margin. Except you can't short stock either.</quote> I am not sure, probably a question for your institution. </quote> ... Copied to Clipboard!
Topic List	Page List: 1