Foreclosure - FCL. Share. What is 'Foreclosure - FCL'. A situation in which a homeowner is unable to make full principal and interest payments on his/her mortgage, which allows the lender to seize the property, evict the homeowner and sell the home, as stipulated in the mortgage contract.
Vanguard structures its options trading with a base fee that is charged in conjunction with a fee per options contract. The base trade fee is $20.00, which is very high compared to other online brokers, and the fee charged per contract is $1.00.
The minimum equity requirements on any day in which you trade is $25,000. The required $25,000 must be deposited in the account prior to any day-trading activities and must be maintained at all times.o, you can't use a cross-guarantee to meet any of the day-trading margin requirements. Each day-trading account is required to meet the minimum equity requirement independently, using only the financial resources available in the account.