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oh ok i'm not trying to deal with margins or options, just straight buy and sell with whatever I put in, nothing else. That's why I was kind of confusedBrokers offer margin accounts, which are essentially cash loans for trading/investment on their platform. They gotta make sure your finances are in order before they throw you a line of credit. Also things like higher level options trading are credit transactions, they just want to make sure you're good for it.
Ok I feel you just trying to make sure I'm doing everything rightIn addition to what goldenchild said, I think these platform are treated just like regulard financial institution and are required to have some information on their "clients".
you know... feds watching