Margin Account for Investing in Stock
A margin account from Scottrade allows you to finance part of your stock investment purchases by borrowing money from your stock broker. Interest is charged until that outstanding balance is paid off by a sale of securities or the addition of more money to the online trading account. Fully paid-for securities may also be deposited into a margin account and used as collateral to withdraw funds for personal use.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Scottrade's margin agreement is available on our web site and at our branch offices; and contains the Margin Disclosure Statement and information on our lending policies, interest charges, and the risks associated with margin accounts.
Experience the difference Scottrade and our online stock brokers can have on your investment account maintenance needs. Contact your branch office today or open an account through our Web site.