facebookJust noticed that, in the Universal account page of my moomoo account. I have negative USD cash, but i still have 500 SGD deposited. Does this mean that i have accidentally purchased shares on margin? - Seedly

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Exordium

26 Jul 2024

βˆ™

General Investing

Just noticed that, in the Universal account page of my moomoo account. I have negative USD cash, but i still have 500 SGD deposited. Does this mean that i have accidentally purchased shares on margin?

Discussion (8)

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Yes correct, you have used margin. Please go and clear the debt.

Thanks everyone for the help, finally settled the debt. Wish i could have known what i did wrong to cause this

Yes, you may have used margin. Please go clear the debt before the interest snowballed. You need to have more USD to pay off USD debt.

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Yes, you will need to go to Account Transfer Exchange and exchange to the USD to stop to margin inte...

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