Question: what is the difference between a margin account and a cash account on webull?
Answer: Cash accounts allow you to day trade with settled funds. ... Margin accounts allow you to borrow money against the value of the securities in your account. For example, if you have $2,500 in a margin account, you could use additional margin funds of up to $7,500 supplied by Webull, to purchase $10,000 worth of stock.