The Dana dealing desk hours are from 9AM until 5PM EST (New York Time).
More
Dana offers some of the most flexible margin requirements in the financial services industry.
We're able to offer these astonishingly low margin requirements due to the efficiency of our online trading system. Our policy is that once an account can not support the minimum margin required to finance its positions-i.e. the account's equity falls below the required margin for all open positions, all open positions are closed in real-time. The trading system also provides for the protection of client account balances in the event of rapid price movements.
Traders are able to monitor both usable margin and used margin in real-time from the "Account Information" window of the online trading platform. Positions are automatically closed once usable margin hits or drops below zero.
Dana encourages clients to avoid margin calls by either using stop loss orders or maintaining adequate funds in the account relative to position size.
More