IB income requirement for CFD trading

Discussion in 'Retail Brokers' started by Damrak, Nov 17, 2012.

  1. Damrak

    Damrak

    Can somebody at IB explain why customers need a $40K yearly income before they can trade CFDs ? None of your competitors that I know of makes the same demand.

    With just a few hundred dollars you can trade this instrument. Why not make requirements regarding position and account size only ?