If there’s one thing that can increase an investor’s buying power, it’s leverage. Leveraged trading, done in margin accounts, allows investors to use funds borrowed from their brokerage firm to buy more assets than their current balance affords. The positions purchased on margin act as collateral for the loaned funds, and a small amount of interest is charged on the outstanding loan amount. While margin trading can kickstart growth, it also carries risks, so read on to decide if it’s right for you. 

If you’re changing jobs or retiring and you want to keep your investments growing tax-deferred without incurring penalties, a Rollover IRA may be a great option for you. This type of retirement account allows individuals to roll over their assets from their employer-sponsored retirement plan-401(k) to an IRA account, which means you may be able to completely avoid penalties and enjoy a tax-deferred benefit. Rollover assets encompass a range of investments, such as mutual funds, options, stocks, bonds, and CDs.

Happy New Year and we hope your 2021 is off to a good start! We’ve released several new features and lots of improvements to make your trading experience at Firstrade as easy and convenient as possible. Read on for all the details!

Get the full list of top favored stocks and ETFs among Firstrade investors in the last month.