About daytrading BP and nonmarginable securities

Hi,

Can be daytrading BP(4x) used to daytrade nonmarginable securities like OTCBB?

 

No, hence the "non marginable" part. I don't know any brokers offering margin for OTC stocks, although I'd be open to suggestions.

 

Might as well run bundles of cash through a woodchipper.

 

Thank you, My broker says no.

 

Don't know if they have options, if so, you can use options as leverage?