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commented on a stock · Jul 29, 2022 15:02
$AMC Entertainment (AMC.US)$ why does my account say US MARG...
$AMC Entertainment (AMC.US)$why does my account say US MARGIN ACCOUNT if I'm not on margin and deposited $200 3 weeks ago?
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Tony Stark
:
You opened a margin account , you just have 0 available atm . Once you reach 1k or 2k they give you margin I believe . Also in a margin acc deposits are faster if you open cash you have to wait for money to transfer… also in a cash acc if you close a position you need to wait for transaction to complete and the funds to show before trading again(2+days)… it’s a lot slower but safer, I’m not sure how moomoo currently works or if you can change it but that’s how it is in every online broker .. also
Tony Stark : You opened a margin account , you just have 0 available atm . Once you reach 1k or 2k they give you margin I believe . Also in a margin acc deposits are faster if you open cash you have to wait for money to transfer… also in a cash acc if you close a position you need to wait for transaction to complete and the funds to show before trading again(2+days)… it’s a lot slower but safer, I’m not sure how moomoo currently works or if you can change it but that’s how it is in every online broker .. also
hzsakuragi18 : https://www.moomoo.com/hans/community/feed/106193098113030?lang_code=2 for refferal, shared by Dadacai
AlphaWolf01 : If you have cash and brought using cash it doesnt matter, relax.
AdiLso Basora : I have the same thing