Different Brokers and Margin Requirements

Discussion in 'Retail Brokers' started by TM1982, Jun 6, 2009.

  1. TM1982


    Does IB charge higher margin requirements than other brokers? The reason I asked is because I tried to transfer my account at Etrade to IB but IB rejected it.

    I have a ton of naked short options in my account and while it's okay at Etrade, IB wouldn't accept the transfer because they said I needed to contribute an extra $22,000 to satisfy their margin requirements.