Scottrade does allow trading on margin, which can be an important feature for investors looking to amplify their buying power. When trading on margin, investors borrow funds from the brokerage to purchase securities, which means they can buy more than they could with just their available cash. However, trading on margin also carries additional risk, as losses can be magnified if the investment does not perform well. It is essential for investors to be aware of the specific terms and conditions associated with margin accounts at Scottrade, including minimum requirements and interest rates on borrowed funds. Investors should also understand the potential for margin calls, which occur when an account's equity falls below the brokerage's required minimum. For detailed information regarding margin trading, it is best to refer to the current information available on the Scottrade website.
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