LLC at IB

Discussion in 'Retail Brokers' started by ben121, Jan 24, 2011.

  1. ben121

    ben121

    Hello,

    when you open for a LLC a margin account at IB do you have to sign something that you have full personal liability or is the liability really limited?
    Of course IB will normally cancel your trades if your cash won't be enough (margin call) but what happens when they aren't able to?

    Thanks
     
  2. I don't remember there being one, but that was a while ago. Just go to the site and initiate a new account but choose the paper method and download the application. Other than creating a logon ID, you are not bound to anything and don't have to provide any info unless you want to.

    All your answers can be found in the application.
     
  3. ben111

    ben111

    @Bishop

    O.k. I'll have a look at the documents.

    regards