Margin calls are no fun, so we’re excited to give you some tips on how to avoid them.
- Stay informed about what’s going on with the stocks you’ve bought with Gold Buying Power. If you think your stocks may take a tumble, you might thinking about selling them, or depositing more cash into your account to prevent getting into a margin call.
- Check out your Gold Health in the Account Settings section of your app. Here you’ll find how much value you can afford to lose before you enter a margin call. You want this number to stay positive–the bigger the better!
- Look out for updates from us when you’re getting close to a margin call. You’ll receive a card in your app, a notification on your mobile home screen, and an email when you’re approaching a margin call.