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Anonymous
Hi, I’ve recently opened a Moomoo account, deposited SGD and bought some SGX stocks.
When I went to view my “Account Details”, there is a “Risk Level” section at the bottom with the following headings:
Qn: Should I be concerned about the above if I always buy stocks with sufficient amount of cash in my account? Thank you!
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Oh ChengKok
12 May 2021
Financial Services Consultant at AIA Singapore
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As long as you buy stocks with sufficient cash, you wouldn't need to worry about margins. (as u are not borrowing any money to finance anything).