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About daytrading BP and nonmarginable securities

  1. Hi,

    Can be daytrading BP(4x) used to daytrade nonmarginable securities like OTCBB?
     
  2. No, hence the "non marginable" part. I don't know any brokers offering margin for OTC stocks, although I'd be open to suggestions.
     
  3. Might as well run bundles of cash through a woodchipper.
     
  4. Thank you, My broker says no.
     
  5. Don't know if they have options, if so, you can use options as leverage?