InvestorsHub Logo
Followers 5
Posts 118
Boards Moderated 0
Alias Born 03/01/2017

Re: PITBULLRC post# 76768

Wednesday, 09/06/2017 1:50:44 PM

Wednesday, September 06, 2017 1:50:44 PM

Post# of 138019
using a cash account is not allowed to borrow funds from your broker-dealer in order to pay for transactions in the account therefore locking it up for the three days. Sometimes longer. A “margin account” is a type of brokerage account in which the broker-dealer lends the investor cash, using the account as collateral, to purchase securities. Consider looking into transferring your cash account to Margin but be very careful. You can get in trouble.