Hi,
Can be daytrading BP(4x) used to daytrade nonmarginable securities like OTCBB?
Can be daytrading BP(4x) used to daytrade nonmarginable securities like OTCBB?
About daytrading BP and nonmarginable securities
- Thread starter Evermore2017
- Start date
No, hence the "non marginable" part. I don't know any brokers offering margin for OTC stocks, although I'd be open to suggestions.
Might as well run bundles of cash through a woodchipper.
Thank you, My broker says no.
Don't know if they have options, if so, you can use options as leverage?