Question about IB - liquidity requirements?

Discussion in 'Retail Brokers' started by redstar3313, Nov 29, 2009.

  1. I am a recent graduate that's currently unemployed.

    I wanted to open an IB trading account in order to gain some experience with the markets, I have enough money saved up that I'd be able to deposit the 10,000 required.

    As I was going through the registration process I got stuck because apparently I don't meet their liquid net worth requirements (they say you need $40k + liquid net worth). I realize this part of the process is mostly for them to cover their ass so people don't lose their shirts and go bankrupt by trading, but is this something they really check?

    The money I'm investing is purely risk capital and I'd really like to get some trading experience under my belt.

    Is there any way I can still open an account?