Frequently asked questions

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  • Frequently asked questions
  • Stocks, Options, and Margin
  • ETFs & Mutual Funds
  • Futures

Stocks, Options, and Margin

  • 01

    Can I trade OTC Bulletin Board stocks (penny stocks) at Lana Global MA?

    Yes, you can trade OTC Bulletin Board stocks (also known as Pink Sheet or penny stocks) in your brokerage account...

    Yes, you can trade OTC Bulletin Board stocks (also known as Pink Sheet or penny stocks) in your brokerage account. These stocks, often lower-priced securities or ADRs (American Depository Receipts), are thinly traded. Thus, buy orders for these stocks must be placed as limit orders.

    Note: Lana Global MA can't guarantee the accuracy of any quotation information on our site for these securities. You can usually place bulletin board trades using our online system. However, for some thinly traded stocks, you might find it easier to get a current quote or place an order through one of our brokers over the phone by calling +1907 764 2184. Note that you cannot sell short, buy or sell mutual funds, or trade stocks with a market value of less than $10 per share until seven business days after your account application is approved. All customers will be charged an additional $25 for Broker-Assisted trades.

  • 02

    What is options trading & how do I trade options?

    Options trading involves a contract to buy or sell a specific financial product...

    Options trading involves a contract to buy or sell a specific financial product, known as the options' underlying instrument. To start trading options, you need to upgrade to an options-enabled account. If you haven't opened a Lana Global MA brokerage account yet, get started now.

    Important Note: Options transactions are complex and carry a high degree of risk, making them suitable only for sophisticated investors. An options investor may lose their entire investment in a relatively short period.

  • 03

    Can I trade on margin with a Lana Global MA account?

    Yes. Once approved for margin trading, you can borrow against the assets in your brokerage account...

    Yes. Once approved for margin trading, you can borrow against the assets in your brokerage account. When you borrow on margin, you pay interest on the loan until it is repaid. Lana Global MA offers some of the most competitive margin interest rates in the industry. The minimum balance required for a margin account is $2,000.

  • 04

    What happens if I receive a margin call?

    Margin calls may be triggered by market fluctuations, maintenance requirement changes, option exercises, and assignments...

    Margin calls may be triggered by market fluctuations, maintenance requirement changes, option exercises, assignments, interest charges, or other events. You may hold other offsetting positions, which may alleviate a margin call. Margin call due dates vary, but may need to be resolved immediately by depositing funds, depositing securities, or liquidating a position. Note that the firm can sell your securities without contacting you.

ETFs & Mutual Funds

  • 01

    What is an ETF?

    Exchange-traded funds (ETFs) are baskets of stocks or other securities designed to track a market, industry, or...

    Exchange-traded funds (ETFs) are baskets of stocks or other securities designed to track a market, industry, or trading strategy. An index ETF attempts to match, not outperform, the market.

  • 02

    Does Lana Global MA offer exchange-traded funds (ETFs)?

    Yes. Lana Global MA offers nearly every exchange-traded fund sold, which you can buy and sell without paying...

    Yes. Lana Global MA offers nearly every exchange-traded fund sold, which you can buy and sell without paying trading commissions.

    Note: The fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing.

  • 03

    Can I invest in mutual funds at Lana Global MA?

    Yes. Lana Global MA offers more than 6,500 leading mutual funds, including 4,000+ no-load, no-transaction fee funds...

    Yes. Lana Global MA offers more than 6,500 leading mutual funds, including 4,000+ no-load, no-transaction fee funds.

    Note: The fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing.

Futures

  • 01

    What are the requirements to open a futures account?

    To trade futures, you must have a margin-enabled brokerage account or eligible IRA account...

    To trade futures, you must have a margin-enabled brokerage account or eligible IRA account. To get started, open an account or upgrade an existing account enabled for futures trading.

  • 02

    Why do I need a margin-enabled brokerage or IRA account to trade futures?

    Lana Global MA takes the protection of your assets very seriously. To ensure we are providing our customers with available financial safeguards...

    Lana Global MA takes the protection of your assets very seriously. To ensure we are providing our customers with available financial safeguards, the firm will only keep assets in the futures account that are needed to satisfy the margin requirement of an existing futures position. Funds not required for futures margin will be automatically moved back to your linked brokerage or IRA account, where they are given SIPC or FDIC insurance.

  • 03

    How does funding an Automated Money Movement work in my futures account?

    If your linked margin brokerage account already has sufficient funds, there is no need to make additional transfers...

    If your linked margin brokerage account already has sufficient funds, there is no need to make additional transfers to separately fund futures trading. The minimum margin requirement for futures positions held overnight will be automatically transferred to your Lana Global MA futures account, including commission and fees, and any deficiency funds required to satisfy margin calls. Conversely, any excess margin and available cash will be automatically transferred back to your margin brokerage account, where SIPC protection is available.

    Please note: The above applies only to linked margin brokerage accounts at Lana Global MA. For unlinked Lana Global MA accounts, there is no automatic transfer of minimum margin requirements or deficiency funding. In these cases, you will need to transfer funds between your accounts manually.

  • 04

    What are the margin requirements to trade futures?

    If a futures position is held overnight, customers must margin their futures account with 100% of exchange minimum margin requirements...

    If a futures position is held overnight, customers must margin their futures account with 100% of exchange minimum margin requirements. Futures account intraday margining for all products except Bitcoin is 50% of initial margin requirements. These requirements can be increased at any time.

    Eligible futures IRAs are set to 200% of initial requirements, and minimum equity is $25k at all times.