IB margin requirements are too high

Discussion in 'Retail Brokers' started by jgold310, Nov 21, 2008.

  1. jgold310

    jgold310

    I have an account at IB and Think Or Swim. I read numerous people complaining about the margin requirements at IB so I decided to compare it to another broker.

    Check this out. I calculated the margins for selling 5 DEC 24 calls on the QQQQ for $3.68.

    IB margin requirement: $5872.50
    Maintenance $5604

    Now I did the same thing at Think or Swim
    Margin requirement $2689.50

    What the hell happended to IB?

    If anyone else has an account in another broker could you post the margin requirement for selling 5 DEC 24 CALLS on the QQQQs.