Broker Allowed me To Trade More Margin Then I have

GotherL said:
Yeah, I made that all up just so I can pump a stock. If I was pumping you'd think I would avoid mentioning I was losing money on it. Because if I was winning why'd I wanna flame my broker for giving me more margin? Nice logic bud!
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The margin is a non sequitor. Google it. You just wanted to mention the ticker, no one gives two shits that you are holding the bag. Pumpers just want their tickers out there to get attention. Good luck.
 
Maverick74 said:
The margin is a non sequitor. Google it. You just wanted to mention the ticker, no one gives two shits that you are holding the bag. Pumpers just want their tickers out there to get attention. Good luck.
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I am not holding the bag since my broker liquidated it once my account fell below $200 since I was on that screwed up margin. Jeezus!
 
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Sig said:
Who is this broker, TradeZero?
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Hi Bud, did you get any info about TradeZero? Been looking around and not much news around about experiences with them. The info available from individuals are very concentrated.
 
JW1gg1n5 said:
Hi Bud, did you get any info about TradeZero? Been looking around and not much news around about experiences with them. The info available from individuals are very concentrated.
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Well I traded with them personally what exactly do you wanna know about them? As I was complaining thou they do not have real-time margin update. So if you had say 50k in your account then dropped to $500 they would still allow you to trade the leverage of 50k which was 6-1. Also, you should be aware they're located in one of the hot climates which often has hurricanes. They were struck by hurricane matthew and held my deposit for a couple of days. Other then that I don't really have any big issues about them.

If I was you I wouldn't keep too much money in my account without withdrawing a chunk of it first just because they're kinda new and less known. Never know what can happen to small trading companies.
 
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Thank you for the feedback. I wanted to at least get confirmation from someone that they are the real deal which you just did, thank you, and if your experience was somewhat positive while working with them.
 
JW1gg1n5 said:
Thank you for the feedback. I wanted to at least get confirmation from someone that they are the real deal which you just did, thank you, and if your experience was somewhat positive while working with them.
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My experience wasn't positive but that was only since I was losing money. Their platform does have bugs like displaying incorrect buying power and margin at certain times. (Not really big issues.) Also, it would wise if you don't use any of the trading software they provide. As for them being a scam or not, they're legit, as far as I know...
 
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GotherL said:
Well I traded with them personally what exactly do you wanna know about them? As I was complaining thou they do not have real-time margin update. So if you had say 50k in your account then dropped to $500 they would still allow you to trade the leverage of 50k which was 6-1. Also, you should be aware they're located in one of the hot climates which often has hurricanes. They were struck by hurricane matthew and held my deposit for a couple of days. Other then that I don't really have any big issues about them.

If I was you I wouldn't keep too much money in my account without withdrawing a chunk of it first just because they're kinda new and less known. Never know what can happen to small trading companies.
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Seems to be US brokers are really hard to trade with. No real-time margin update seems like a nightmare for my scalping strategy :)
 
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