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Atlanta1

07/08/14 2:31 PM

#7972 RE: streamingeagle88 #7971

Etrade is allowing me to margin it.

commoncentsinvestor

07/08/14 2:44 PM

#7974 RE: streamingeagle88 #7971

AmeriTrade requires 40% equity unless ANY becomes 50% of your account. Then the requirement is 50%. If it becomes 70% of the account the requirement becomes 70%.

Their requirements for most small caps is 30% - 40% - 50% so I imagine ANY will be changed to that once it has been trading for a while.

slyestjester

07/08/14 11:38 PM

#7995 RE: streamingeagle88 #7971

"Need advice re where to switch my account."

Streaming--Interactive Brokers, which I don't use, has by far the lowest margin rates (2%-3%, I think) and is generally regarded as the cheapest. I think they will margin anything over $2.