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Whats the difference between “Intraday” and “Overnight” margin?

intraday margin overnight
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Whats the difference between “Intraday” and “Overnight” margin?

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Intraday margin is required when entering a new position that you wish to hold only for the current day. If you wish to enter a position that you will carry overnight, you must have the required overnight margin into the account. ActivTrades reserves the right to close after dealing hours all positions which would not comply with overnight margin requirements.

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