OK fellows, here is the scenario. I am collecting unemployment since having lost my job in the fall. I was using fidelity with A T margin account, but switched to IB so I can save commission money and get (hopefully) faster executions. So I completed the account, sent the money (lost two weeks time from closing old account) and went to trade today and it would only let me do it in cash. So I poke around and find there's a button in account management to go to margin account. So I do that, and I have been denied! I put 28,500 in there. There's no mention of anything else required. I've been a pattern day trader for two years. Do other brokers require you to also have a JOB while your trading? I meet the fed requirements. Anyway... I'm very scared now. Have other retail firms required/checked your income before being allowed to open a Margin account? What if this IS my job now? I'm very concerned I have just been put out of business!! And there sure aren't any jobs to be had anywhere right now.