IB - action notification - arbitration agreement

Discussion in 'Retail Brokers' started by traderwald, Aug 16, 2020.

  1. Hi guys,

    There is a notification on the IB account that says it is pending in the account. This is an agreement document for arbitration.

    Does it need to be signed or is it optional ?

    Thank you
     
    murray t turtle likes this.
  2. %%
    ONLY if you want to do business with them.
    I sign about 95%-100% of those ==if I want to do business. As my banker dad noted ''try to stay out of court son; that's how lawyer$ get rich.'' Even a small claims court costs + costs to much time...……………………………………………………………………………………………………………...
     
    10_bagger likes this.
  3. elt894

    elt894

    The futures arbitration agreement is optional. In one of the bold lines it says "The CFTC requires...that your consent to this arbitration agreement be voluntary."
     
    traderwald likes this.