Monex to offer margin account services for US equities
Monex, Inc., a wholly owned subsidiary of electronic trading company Monex Group Inc (TYO:8698), announces that it will begin offering margin account services for US equities starting Monday, January 23, 2023.
In partnership with its US group company TradeStation Group, Inc., Monex offers unique US equity trading services that set it apart from other Japanese online securities companies. Monex continues to develop a variety of other services to create the best investment environment for the customers.
To further expand the services and meet the needs of many of the customers, Monex recently announced its intention to begin offering US equity margin account services. Monex apologizes to its customers for the delayed launch due to system issues and is now happy to announce that the service will be online starting Monday, January 23, 2023.
With US equity margin trading, investors can trade twice the amount of their original capital (margin deposit) and buy and sell the same stock as many times as they wish on the same day.
At the start of the service, only the PC version will be available for purchase, but in the future, Monex plans to expand the service in various ways to make margin trading of U.S. stocks more convenient, such as enabling trading via the “TradeStation U.S. Stock Smartphone” and adding time periods to order types.