What can I do with a Margin Account? Why do I need a Margin Account?
Are there any fees for applying for or maintaining a Margin Account?
How do I apply for Margin Privileges?
What are Firstrade’s Margin interest rates? How is the interest calculated?
Can I have a Margin Account without borrowing any money or paying interest?
Why are my positions and cash in a Margin Account when I did not borrow any money? Will I get charged for this?
What is a Good Faith Violation?
Why is my Cash Account restricted to “Viewing only” mode?
How do I avoid a Good Faith Violation?
What can I do to remove a 90-day Restriction on my account?
What is my Margin Buying Power?
What is a Margin Call?
What happens when I receive a Margin Call? What do I have to do?
Why were my positions sold/liquidated without my permission?
What happens if I am not able to cover a Margin Call?
Why am I getting Margin Calls when the value of my positions did not drop?
Why was I charged a $25 "mail gram" fee?
Why can’t I do Day Trades?
What is a Pattern Day Trader?
What happens if I am coded as a Pattern Day Trader?
Margin Guide Placing Stock Trades Placing Option Trades U.S. Toll Free Outside the USBrokerage Products and Services offered by Firstrade Securities Inc.
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Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Carefully consider the investment objectives, risks, charges and expenses before investing. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.
Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure before you begin trading options.
ETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses. Please read the prospectus carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. ETF Information and Disclosure.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing service@firstrade.com.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see Margin Disclosure Statement, Margin Agreement, and FINRA Investor Information. These disclosures contain information on our lending policies, interest charges, and the risks associated with margin accounts.
Online trades are $0 for stocks, ETFs, options and mutual funds. See our Pricing page for detailed pricing of all security types offered at Firstrade. All prices listed are subject to change without notice.
Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transaction.
System response and access times may vary due to market conditions, system performance, and other factors.
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