Not sure this is the right bowl for this post but here goes nothing. I use TD Ameritrade and must’ve blindly enabled margin trading. I don’t have a good understanding of margin trading and want to disable it before I get myself into trouble. Might have unknowingly traded using margins and am wondering what the process of disabling margin trading entails if some of my stocks were traded on margin.

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You just need to payback the margin amount by depositing cash. Remember that margin is borrowed money

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TD can have some confusing lingo. I had a “margin” account with them and it just meant I could buy a new stock before waiting 2-3 days for the funds to settle (which would be a cash account). So check to see if actually use borrowed funds or just unsettled funds.

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You can see if you’re using margin by checking your “cash & sweep vehicle”. If that’s negative, you’re using that much margin

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You may have not actually, I remember thinking I did because certain terminology used when you check your various balances. Assuming you just went long, make sure you didn’t buy more than what you previously deposited. Read each balance definition to make sure you didn’t actually use margin instead of cash to make such purchases. Call if you have questions, TD is really good.

I asked TD about this because it kept showing a "margin balance" even though I never intentionally did anything with margin. They said it comes automatically set up that way, like someone else said, so the trade can go thru right away then it takes from your cash to put the margin balance back to 0. You should be fine as long as you report having this margin in t&t.

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