Thanks R1234! Does that protect your whole account, or is it just the cash portion, that at the end of the day is swept into an insured account? Does that protect you if they blow out in the middle of the day? Thanks!
there is is no way you should get margin call with 50% cash or available balance left, what you are going to get hit with very very soon is whats called expense fees from IB, let me calculate real quick when they kick in.. assuming full cash account otherwise 25% in margin gets deducted if holding stock or stuff... should be 57% of margin you use total from what you had, it should kick in about there. and these eat away profit quick depending Zone you get into and how long, along with premium you take in.. apparently a tax trader attorney I spoke to said he would do it under investment interest??? not saying it can't happen, but with these strict levels, how would IB go broke??? my feeling is they know mathematically with the history of markets, it's going to go down sooner then later, everyone is getting comfortable with the market up so long, that WHAMM is gonna hit people pretty hard who play aggressive and long, but even then there will be calls or people closing out. Also with this expense fee it maybe goes into a bucket for the OH S moment people do bottom out and lose IB money, they can offset with these expense fees coming in daily, and thus wanting people to close their losers before they go even more... if you're that worried just move as that should be the last of trader problems and yes, there is no one who can match IB Marin fees.. they are insane low, but I get we don't get everything