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AlphaBull

05/05/2020 21:24

$MicroVision Can someone state the pros and cons of a Cash vs. Margin account? Thx
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(3)

AlphaBull05/05/2020 22:19
Are the taxes different being considered a Day Trader?

ChasingMoves@gmail05/16/2020 21:17

No, but you pay interest for the marin amount that Your broker Lets you use.

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InvesDing05/05/2020 21:42
margin much better

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kee***com05/05/2020 21:29
Margin you need 2k+ in it at all times. can only do 3? day day trades per day but can use your funds instantly after a sell to buy into another.

cash is unlimited day trades but you can only use settled funds to do a day trade...alot if people like to use 50% of their account value each day...that way you always have settled funds available.

AlphaBull05/05/2020 21:53

Can the $2k be unsettled funds?

ZLP05/05/2020 21:48

need 25k in cash account for unlimited day trades

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