I have no fricken idea...but I have read some concerns about this issue (security) in other threads...was that you?
Ahh yes You can buy on margin at Sogo...this is not available with the other Folio type investmenting firms...good point...Maybe Sogo will introduce shorting soon...is there a minimum to open up a margin account with Sogo for US investors?
Can I ask you about margin buying power here? If I have cash $100,000 in account, How muich is my buying power? Maybe buying power is 2 times of cash money in account?
buying power should be 4 times or $400,000 but you need to be asking Sogo these questions if you want definite answers SogoInvest Email Addresses For customer support: support@sogoinvest.com For login information or retrieval: logininfo@sogoinvest.com For general information: info@sogoinvest.com For security issues or to report fraudulent activity: security@sogoinvest.com
buying power should be 2 times for overnight holds and 4 times for intraday trades What do you mean the overnight holds ? Is it the stocks holded from yesterday? intraday trades means the cash money in account in today?