Over the last two or three months I’ve been building up a small account from a few hundred dollars to now nearly almost $2000 so I’m getting to the point where I will be able to open up a margin account on WeBull. It will allow me to make more trades per month, which is really the main benefit, but will also give me some extra security, knowing I have some leverage cash to use in case I need to average down on a position that I may be didn’t enter into very well. I don’t plan to use the cash leverage in every single trade, nor do I plan to use all 4X of it, but I’m wondering if I will still be charged fees even when I’m only using my actual cash on certain trades (no leverage). Are there any other pros and cons that a more experienced trader could give me thank you!
[link] [comments] https://www.reddit.com/r/stocks/comments/13p6xp4/whats_everyones_opinion_on_margin_accounts_for/
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