- Stocks below $1 cannot be shorted.
- Cash accounts and margin accounts with less than $500 cannot short sell.
- Stocks below $2 are trading in cash only.
- Stocks less than $0.05 cannot be traded.
- Margin accounts must be at 2 to 1 after 3:45 PM ET.
- Position concentration is maximum 50% of margin buying power for accounts with 6 to 1 leverage.
- Margin buying power after 4 PM ET is 2 to 1.
- All accounts using leverage and under $500 will be sold up to 100% equity.
- Accounts will be fully sold out if they fall below $99 in total equity or if they fall below $300 and 8% equity.
- Accounts falling below 8% equity may be sold up to 50% equity.
All of the above is at the discretion of TradeZero and can and will be adjusted based on real time market and account conditions.
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