Log in or Sign up

ET News & Sponsor Info

General Topics

Markets

Technical Topics

Brokerage Firms

Company Specific

Interactive Brokers

Tools of the Trade

Trading for a Living

Community Lounge

Site Support

Feedback

Minimum Balance to Maintain in IB?

Discussion in 'Interactive Brokers' started by tyrant, Jun 23, 2010.

athlonmank8
- 4,510
  Posts
- 539
  Likes
Quote from futuman:

Bullshit. There's lots of brokers that let you trade on margin with 500 on your account. It's just that IB is overcautious.
More...

. Who?! For equities? A tiny handful MAYBE.

#21 Jun 26, 2010

Share
athlonmank8
- 4,510
  Posts
- 539
  Likes
Quote from d08:

My thoughts exactly. Trading with only $500, that's kind of like betting on ponies.
More...

. Regardless, whether its 500 or 50,000 a loser's a loser in this business. Not too many winners. Not to mention everyone starts somewhere.

#22 Jun 26, 2010

Share
cstfx
- 4,027
  Posts
- 11
  Likes
Quote from atticus:

lol wrong.

My brother had an account with $0.00 that he just put $500 in via ACH for quote access and it is open to trade. The account had been closed for a year. He had to reaffirm those suitability questions, but he ACH'd $500. He even bought a calendar spread with the $500.

IOW, you need at least $500 to sub to quotes, but that's it.
More...

#23 Jun 27, 2010

Share

(You must log in or sign up to reply here.)

Search