Barron's 2012 Top Online Brokers **** 4 Stars **** Excelling in Trading Experience and
Technology, Usability, Portfolio Analysis and Reports, Customer Service and Education

Margin Requirements - US Mutual Funds
  • Print

 

 

US Mutual Funds Margin Requirements

The following calculations apply only to Reg T Margin and Cash Accounts. (Please visit our Portfolio Margin page for US Mutual Funds requirements in a Portfolio Margin account.)

FINRA and the NYSE have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to special Day Trading Restrictions for US securities.

Stock Margin Requirements for Initial (time of trade) & Maintenance (when holding positions)

Margin Accounts

Cash Accounts

PT Initial/Reg T End of Day

PT Maintenance

Mutual Fund Long Position

First 30 days: 100% * Net Asset Value
After 30 days: 25% * Net Asset Value

First 30 days: 100% * Net Asset Value
After 30 days: 25% * Net Asset Value

100% * Net Asset Value

Money Market Fund Long Position

1% * Net Asset Value
Cannot borrow against for 30 days (no debit balance)

1% * Net Asset Value
Cannot borrow against for 30 days (no debit balance)

100% * Net Asset Value

Short Positions

N/A

N/A

N/A

s5box

S5 Register

*
*
*
*
*
*

Fields marked with an asterisk (*) are required.


Learn more about retirement planning by visiting some of the links below:

Roth IRAs

SEP IRAs

SIMPLE IRAs

Traditional IRAs

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESAs

529 College Savings Plans

UGMA/UTMA Accounts