A contra account gives you higher trading limit so that you can buy more (shares) than what you have in your account (collateral). The higher the limit, the more shares you can buy. It's kind of like shopping with a charge card except in this case you BUY / SELL shares.
RakuCampus
Everyone (whether you're a gamer, e-shopper, engineer or a small businessman/woman) has the potential to be a digital investor. It's no longer Difficult, Daunting or Debilitating.
Did yo know that you could investing in brands you know, use and love? And because they're strong brands, they've managed to continuously grow over time and eventually become big, multinational companies. So here's to investing in strong brands!
Diversify, Diversify, Diversify! Trade stocks in your portfolio like you would your fantasy football team.