What is a margin call and why did I get one?

A margin call occurs when your account no longer meets TradeZero America's applicable margin requirements.

Margin calls can happen for a variety of reasons, including:

• Increased margin requirements
• Insufficient account equity
• Concentrated positions
• Increased market volatility
• Overnight exposure
• Intraday trading activity

TradeZero America may issue different types of margin calls depending on account activity and applicable regulatory or risk requirements.

Failing to satisfy a margin call may result in trading restrictions or position liquidations.

Margin trading involves substantial risk and is not suitable for every investor.