M1 gives you 3 business days to meet a maintenance margin call requirement. If you do not bring back your account equity to the minimum maintenance requirement within this time, M1 may be forced to liquidate your securities to meet the maintenance call. Additionally, if it is determined that your positions pose excessive risk, M1 may sell securities before then.
If you have further questions, please contact us.
All investing involves risk, including the risk of losing the money you invest. Borrowing on margin can add to these risks, and you should learn more before borrowing. M1 Borrow available on margin accounts with at least $2,000 invested. Not available for all account types including retirement, custodial and some trust accounts. Margin rates subject to change.