Which firms leverages day trading capital? which one is the best?
Other than margin accounts, 50% required deposit, are there any companies out there that will leverage your account more than that? I've heard a company will do up to 5%, but I never found it.
Thanks
Public Comments
1. The companies have no choice. The regulation is 50% for normal margin. Double that for intra-day balances for approved pattern day-traders.
A company allowing 5% margin or 20-1 leverage trading stock would be illegal.