what is credit interest on free credit balance for stock marginal accounts?

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what is credit interest on free credit balance for stock marginal accounts?

is it calculated on the remaining buying power? why do brokers offer this incentive?

2006-10-19 20:49:09 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing

1 answers

Because they want you to have a margin account.

Just stay away from margin. If you don't have enough cash, you are still better off buying options than using margin.

2006-10-20 00:54:27 · answer #1 · answered by c00kies 5 · 0⤊ 0⤋