IB doesn't want daytraders at their firm.
They decided not to allow daytrading in cash accounts.
They decided not to give 4 x margin to daytraders.
Other brokers allow daytrading in cash accounts and give 4 x margin to daytraders.
The party is over at IB. It's time to move your money to another broker.
as long as ib keeps on offering the stable technology - fast executions and the lowest commissions around - i guess the party is not over.
and daytrading in a cash account - come on - you won't get happy with it. if you can't short, it would be like you can't use your car when it's raining.