So if I suddenly decide that I'm the next Warren Buffett, I can get >20 times my capital to hurl at whichever stocks I like?
in some cases yeah... but it probably isn't a good idea to use that sort of leverage - you'll tend to get the much higher levels of leverage via a CFD or spread bet
for cash equities you're looking at more like 25% margin... so the OP's scenario of having 100k and wanting a 350k position is still feasible
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