IB Account Opening Why So Strict?

Discussion in 'Retail Brokers' started by Kalparker, Apr 6, 2010.

  1. So I have been trading for two years futures and currency. I am 20. IB makes it impossible to do business with them. They only allow me to trade equities. I want to trade, futures, options and forex spot. Anyone have any similar problems with them?

    Any suggestion on a different broker?
  2. ITR2744


    why so strict in telling them information about you? :cool:
  3. ahah, good try! but a valid id document is required... :)

  4. Sorry maybe you misunderstood me, I don't have a problem with the app process. My main problem is the fact that you must be 21, to trade futures, forex and most other trading products with them.
  5. oh never heard of that rule to be 21, maybe IB only rule.

    They dont want to drive down the average age of their customers base. h:p