Is it possible to deactivate margin trading on Fidelity specifically for cryptocurrencies?

3 answers

• Apr 01, 2022 · 3 years ago
  Yes, it is possible to deactivate margin trading for cryptocurrencies on Fidelity. Fidelity offers the option to disable margin trading for specific assets, including cryptocurrencies. By accessing your account settings, you can navigate to the margin trading section and disable it for the desired digital assets. This way, you can prevent yourself from borrowing funds to trade cryptocurrencies on margin.
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• Apr 01, 2022 · 3 years ago
  Absolutely! You can easily turn off margin trading for cryptocurrencies on Fidelity. Just log in to your Fidelity account, go to the settings, and find the margin trading section. From there, you can disable margin trading for specific digital assets, such as Bitcoin and Ethereum. It's a simple process that allows you to have more control over your trading activities.
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• Apr 01, 2022 · 3 years ago
  Yes, it is possible to deactivate margin trading for cryptocurrencies on Fidelity. Fidelity understands that not everyone wants to engage in margin trading, especially when it comes to volatile assets like cryptocurrencies. By disabling margin trading for cryptocurrencies, you can reduce the risk associated with leverage and focus on traditional trading strategies. Keep in mind that this option is available for Fidelity users and may vary depending on your account type and region.
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