Competitive Margin Rates

Important Notes

1. Margin interest rates vary per the base rate and the size of the debit balance. The base rate may be adjusted at Toroxstream’s discretion concerning commercially recognized interest rates, current market trends, liquidity in the marketplace, and other industry conditions, and is subject to change without prior notice.
2. Day Trading requires that certain levels of equity be deposited and maintained in day-trading accounts and that these levels be sufficient to support the risks associated with day-trading activities.

Margin requirements are structured for a diversified portfolio. Accounts that are using margin for holding concentrated positions may be asked to make immediate changes.

Special Margin Requirements: Due to low liquidity, volatility, or other conditions, some stocks and ETFs may have a special margin requirement.

A minimum of $2,000 is required to open and maintain a position on margin, and a minimum of $2,000 is required to open and maintain a short stock position.

Please contact us for information about Toroxstream Securities margin requirements and concentration parameters.

Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The FINRA Margin Disclosure Statement outlines many of those risks, including:

• You can lose more funds than you deposit in your margin account.
• Your brokerage firm can force the sale of securities in your account.
• Your brokerage firm can sell your securities without contacting you.
• You are not entitled to an extension of time on a margin call.