Are the margin rates for digital currencies different from traditional assets on TD Ameritrade?
Kumar NDec 30, 2021 · 3 years ago3 answers
Can you explain the difference in margin rates between digital currencies and traditional assets on TD Ameritrade?
3 answers
- Dec 30, 2021 · 3 years agoYes, the margin rates for digital currencies are generally higher than those for traditional assets on TD Ameritrade. This is due to the higher volatility and risk associated with digital currencies. It's important to consider the potential for larger price swings and the possibility of significant losses when trading on margin with digital currencies.
- Dec 30, 2021 · 3 years agoAbsolutely! The margin rates for digital currencies on TD Ameritrade are typically higher compared to traditional assets. This is because digital currencies are known for their price volatility and higher risk. TD Ameritrade adjusts the margin rates accordingly to reflect the increased risk involved in trading digital currencies on margin.
- Dec 30, 2021 · 3 years agoYes, the margin rates for digital currencies are indeed different from traditional assets on TD Ameritrade. While the exact rates may vary, digital currencies generally have higher margin requirements due to their higher volatility and risk profile. It's important to carefully consider the margin rates and your risk tolerance before trading digital currencies on margin.
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