Yes. Margin can be disabled
- Click on the Invest tab
- Select your Self-Directed account
- Click the More button (web) or gear icon (app)
- Web:
- App:
- Web:
- Select Margin Investing
- Web:
- App:
- Web:
- Click the box next to Yes, enable margin investing to uncheck the box and turn off the feature (web), or toggle off the Margin investing enabled option (app)
- Web:
- App:
- Web:
Note: You cannot disable margin trading if you currently have a margin loan, or if you have open orders that would result in a margin loan once they are executed.