Stock Trading and Other Things

Margin Interest on day trading ?

I'm thinking to open margin account to day trade (avoid unsettled funds) i saw really helpful video about Day Trading Rules
but now i confused about margin interest...i have 25000 if ill open margin account my buying power would be 50000 but how about day trading buying power??? is it going to be 50000 too?? or less ?? and my main question is im planning to day trade just with 10000 am i still going to pay interest ????

Public Comments

1. I'll answer your main question. If you deposit $25,000 and open a single trade for $10,000 total, the net is you just used $10,000 of your own cash and you didn't use any margin, so no, you're not going to pay margin interest when you use your own cash.