How will I know when I’m investing using margin?
Before you can invest on margin, you have to opt into margin investing and meet certain eligibility requirements.
In order to apply for margin investing, you’ll see an “Enable Margin Investing” button in the “Margin Management” section of your account settings. You can find the “Margin Management” portion of your account by clicking on the three lines at the top left of the app, selecting “Account Settings”, and then clicking on “Margin Management”.
If approved, you will see your margin buying power in a few different places:
● The ‘Value’ tab of your ‘Portfolio’ screen
● Clicking on the three lines at the top left of the app, and selecting “buying power”
● and in the “Margin Management” portion of your app. This can also be found under the “Account Settings”, by clicking on the three lines at the top left of your app.
You’ll only start investing on margin after the cash in your brokerage account has been fully invested. Ultimately, if you have cash in your account, you won’t invest on margin until it’s fully spent.
Any funds invested using margin will begin to accrue interest. Your margin rate and interest accrued will be visible within the “Margin Management” tab within the app.
Any funds added to your account, whether through a deposit or the proceeds from closing a position, will reduce the size of your margin loan.
If you have any additional questions, please reach out to support@public.com, or via the in-app chat feature.