Investing Basics: Options
With a Margin Account, you can borrow against securities already in your account, or borrow part of the purchase price of the securities you are buying.
That way, you can react quickly to market opportunities without having to worry about finding the cash to cover the transaction.
Open a Margin Account if you wish to borrow money to buy securities or borrow against the securities you already own.
If you qualify and the Margin Account is approved, you will be able to borrow on margin at a competitive interest rate.
A Margin Account is required for the following features.
You can apply to be approved for them when applying for a Margin Account.
- Option Trading
- Short Selling
For more information about margin accounts, and the risks associated with investing on margin, please read the following: