What are the margin requirements for trading digital currencies on Ameritrade?
Cheyenne KellyDec 29, 2021 · 3 years ago1 answers
Can you provide more details about the margin requirements for trading digital currencies on Ameritrade? I would like to know the specific margin requirements for different digital currencies and how they are calculated.
1 answers
- Dec 29, 2021 · 3 years agoWhen trading digital currencies on Ameritrade, the margin requirements can vary depending on the specific currency and market conditions. The margin requirement is typically a percentage of the total value of the position. For example, if the margin requirement is 10% and you want to open a position with a total value of $10,000, you would need to have at least $1,000 in your account as margin. It's important to keep in mind that margin requirements can change, so it's always a good idea to check Ameritrade's website or contact their customer support for the most accurate and up-to-date information on margin requirements for trading digital currencies.
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