Conversation

Trader Brian Jones

Can you explain the difference between a margin account or a cash account on webull? And which you recommend

11:29 PM · Jan 7, 2021Twitter Web App

Replying to

and

Todays AH pump is over guess dropping good to get out?

2

Replying to

and

One major difference between a margin account and cash account is that your money settles instantly after a trade which allows you have immediate buying power from your profits of a trade. However with a margin account you are limited to 3 day trades within 5 trading days.

Replying to

and

Cash Account - you can trade as much as you want without the PDT rule. However, you have to wait for the funds to settle. Margin account - Only 3 day trades in 5 days (PDT rule) unless you have more than $25k in your account.