Just noticed that i have been paying a lot of money in margin interest closed to 100 every month since this year, and there is no margin interest last year, though i dont have any change to my portfolio.. Only thing is its down a lot from last year..
How can i get rid of paying this Margin Interest.. Add money to my account ?? How much ..?? Would that be around the max margin being used right now..
Another question – If i place a buy order using the margin just for the day and the order cancels on the same day, am i paying margin interest on it..
–TIA
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