There are several types of brokerage accounts, but mostly, they are variants of two basic account types: margin account or cash account. Put most straightforward, a cash account requires the client to pay in full for the securities they buy for their account. If they have $500, they can only buy $500 worth of securities […]
![Margin Account vs Cash Account](https://media.warriortrading.com/2020/02/shutterstock_1298125054.jpg)