Margin Questions

What is Margin?

What is Margin? The below definition is Published by the SEC (Securities and Exchange Commission) Please read: https://www.sec.gov/investor/pubs/margin.htm (https://www.sec.gov/investor/pubs/margin.htm) Margin: Borrowing Money To Pay for Stocks "Margin" is borrowing money from your broker to buy a stock and using your investment as collateral. Investors generally use margin to increase their purchasing power so that they can own more stock without fully paying for it. But margin expos...

Margin Call Definitions

Margin Calls If you received a margin call notification, one of the following calls types below may apply to your account. Please read the definition that applies to you. To clear up margin calls, please submit the required amount by ACH or Wire Transfer. **Please be advised that continued trading on margin calls can result in Apex Clearing issuing a 90-day trading restriction on your brokerage account. REQUIRED MAINTENANCE CALL A maintenance call will occur in an account when the value ...

FINRAS Daytrading Rules

FINRA DayTrading Rules Please click here to read the FINRA Published article (http://www.finra.org/investors/day-trading-margin-requirements-know-rules). You may also read the information below. DayTrading Margin Requirements: Know the Rules We issued this investor guidance to provide some basic information about day trading margin requirements and to respond to frequently asked questions. We also encourage you to read our Notice to Members (http://www.finra.org/node/6553) and Feder...

Accounts Trading With Balances Below $25000

Accounts Trading with Balances Below $25000 Dollars Any account with less than $25,000 dollars trading that executes more than 2 "Day Trades" within any running five-day period will be flagged as a Day Trading account. *Day Trade: “The purchasing and selling or the selling and purchasing of the same security on the same day.” EXAMPLE: June 6 -11 (5 running days) Trade 6/6/16 MSFT Buy 100 Trade 6/6/16 MSFT Sell 100 (DAY TRADE 1) Trade 6/6/16 UVXY Sell 100 Trade 6/6/16 UVXY Buy 100 (DA...