Need help with something please. I signed up with
Post# of 36728
Posted On: 04/16/2013 2:15:31 PM
Need help with something please. I signed up with scottrade abouta 2 months ago and made my first couple of deposits. I had to wait the 3 days for the funds to clear and never borrowed. For some reason when I looked at my positions it said they were held in Margin. When I called both the local and nationwide firm they both said dont worry about it, that its not held on Margin?? Are they Screwing me or what??? I copied and pasted and I would appreciate any advice
| Positions Market Value | |
| Stocks, Mutual Funds, CDs & Bonds not held on Margin | $0.00 |
| Stocks, Mutual Funds, CDs & Bonds held on Margin | $3,405.50 |
| Short Stocks Market Value | $0.00 |
| Total Stocks, Mutual Funds, CDs, Bonds & Short Stocks Market Value | $3,405.50 |
| Options Market Value | $0.00 |
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