Margins trading means purchasing a stock or ETF with some of your own money plus some borrowed funds from a broker. The borrowed money is known as “leverage.” In this model, an individual is trading with money they do not have at this moment, in the hopes that the investment will pan out and they will have enough funds to cover whatever was borrowed plus interest. Margins trading requires having a margins account, which is similar to a line of credit.
Trading on margin is a potentially risky approach that has historically been available only to qualified, institutional investors. At Public, we’re on a mission to make investing inclusive, educational, and fun. We believe that democratizing the stock market comes with a responsibility to our members—especially novice investors—to provide guardrails around high-risk behaviors.
As such, we do not offer margin accounts and it is not currently possible to trade on margin in our platform.