Q&A: Is there any stock trading company that will allow day to day trades without margin?

Question by sidewinder45: Is there any stock trading company that will allow day to day trades without margin?
I need to know whether there are any stock trading companies that wil allow me to trade day to day without a margin account. I want to buy a stock one and and sell it the next. I can’t do it with Scottrade because they require that I have margin in my account.

Best answer:

Answer by Kiker
You don’t need a margin account for day-trading. You WANT a margin account for day trading, since the margin account is what gives you the leverage to avoid the impact of the costs of commissions and fees.

If you are having problems getting a margin account, you may want to check with options trader.com. You need a margin account for options trading, and traditionally, options trading is a hotbed market for day traders.

Good Luck!
Hope this helped.

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