Mirus Futures vs IB

Discussion in 'Interactive Brokers' started by EliteTraderNYC, Oct 7, 2013.

  1. I traded with them in the past when I day traded, they r fine.
     
    #11     Oct 8, 2013
  2. mobutu

    mobutu


    Hello,

    I am new here and there is somthing I don't understand. Why is losing $500 better than losing a higher margin amount such as $2500? What do I miss?
     
    #12     Oct 8, 2013
  3. Well if that were the case -- which it is not -- the answer would be obvious: Losing less is better than losing more!!

    Your margin requirement has nothing to do with how much you stand to win or lose. You are responsible for the totality of a loss even if it exceeds the amount in your account. Think of margin as a deposit that assures the broker that he has your money on deposit to cover a loss.

     
    #13     Oct 8, 2013
  4. If you have the capital it can pay to trade with firms with high margin requirement because they can be better capitalized themselves and even too big too fail.
     
    #14     Oct 8, 2013