A brokerage margin loan is a type of secured loan. Your brokerage firm uses investments in your account to secure the loan.
If you currently engage in or are considering an active investment strategy, be sure to understand what's changing and how this will affect you.
In a traditional brokerage account, you use your own money to buy securities. With a margin account, you borrow money from your brokerage firm to pay for part of your investment. When you leverage ...