Hello everyone, I use Interactive Brokers and I have a few questions:
1. Does IB charge interest for holding leveraged positions? I dont understand how this works. If I close all of my positions at the end of the day, am I still charged interest?
2.Lets pretend 100 percent of my portfolio is in an equity which I am swing trading. Do the leverage rules still apply? Or Can I only be leveraged to the amount of free cash I have?
1. Does IB charge interest for holding leveraged positions? I dont understand how this works. If I close all of my positions at the end of the day, am I still charged interest?
2.Lets pretend 100 percent of my portfolio is in an equity which I am swing trading. Do the leverage rules still apply? Or Can I only be leveraged to the amount of free cash I have?