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Re: fishingincea post# 32094

Tuesday, 10/08/2013 8:17:33 AM

Tuesday, October 08, 2013 8:17:33 AM

Post# of 143075
When I buy pinks on TDA I have to use cash balance. Margin trading not allowed. The downside is if you want something now, you have to wait a day for funds to transfer. On Sharebuilder you can do instant purchase drawing from checking acct, but you get a surcharge on penny stocks.
If you have other stocks that were bought with cash you can sell them & my funds were always avail for immediate use on TDA. On sharebuilder it takes 3 days for funds to clear.