what broker has the lowest margin?

M

met1989

is there a broker who has a lower margin for buying stocks then 50% or its a Regulated that you can't buy more then 50%?
 
SanMiguel said:
Depends on the stock.
IB is mostly 30%
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you should not give advice on subjects where a LITTLE knowledge is harmful advice. your advice is absolutely wrong. If someone else would like to give a correct response they can be the good guy.
 
zdreg said:
you should not give advice on subjects where a LITTLE knowledge is harmful advice. your advice is absolutely wrong. If someone else would like to give a correct response they can be the good guy.
More...
I should have added depends on the country as well. The country I trade in It's mostly 30%
 
zdreg said:
you should not give advice on subjects where a LITTLE knowledge is harmful advice. your advice is absolutely wrong. If someone else would like to give a correct response they can be the good guy.
More...

Are you sure you replied to the right thread? Your reply to SanMiguel is quite puzzling, to say the least.
 
SanMiguel said:
I should have added depends on the country as well. The country I trade in It's mostly 30%
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Yes, in Canada (your country) the trader can borrow up to 70% of the stock's price, although not all securities qualify for margin trades..
 
met1989 said:
is there a broker who has a lower margin for buying stocks then 50% or its a Regulated that you can't buy more then 50%?
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If you have $100,000 in assets or cash in any currency at IB then you can apply for a portfolio margin account which gives you over 6 times buying power or 15% margin rate.
 
ZBZB said:
If you have $100,000 in assets or cash ...[IB]gives you over 6 times buying power or 15% margin rate.
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With the same $100K trading capital TD Ameritrade offers 9% margin rate.
 
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