This will let your students borrow money – they will get a credit limit for up to the total cash they started with (meaning if you have $100,000 in starting cash, students will get $200,000 in buying power).
If students trade “On Margin” (buying more stocks on credit), they will be charged interest on any loan amounts. By default, we charge 8% annual interest (compounded daily) on any loan amounts. We also credit all students 3% annual interest on any cash deposits. You can change these interest rates for your class by contacting our support desk.