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| Topic | Stock Market General #17 |
| CableZL 02/08/21 10:27:37 AM #27: | Legato-and-Vash posted... How exactly does margin work? Like if you buy stock with margin due to not having enough funds but not wanting to wait for funds to settle, do you still have to pay margin interest if you add the funds to your account after the transaction is made? You begin paying margin interest once the stock purchase settles a couple days later. Most of my trades these days are margin trades, but I just transfer the exact amount I owe. I do it that way so I don't end up with a few pennies to a few dollars left over after trades that would just sit there. --- ... Copied to Clipboard! |
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