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Re: Tradescott818 post# 26538

Tuesday, 02/11/2014 8:08:09 PM

Tuesday, February 11, 2014 8:08:09 PM

Post# of 290030
Usually not. It may or may not be law, but my broker doesn't allow margin trades on anything under $3. There are also different equity requirements imposed on stocks above $3, though I forgot what the price ranges are.

Be glad you can't trade pennies marginally, that would be an INSANE level of risk...