Requirement for IB?

Discussion in 'Interactive Brokers' started by loveshek, Oct 12, 2002.

  1. dereksas

    dereksas

    Did IB do away with that stupid stocks and options test they made me take when I opened my account years ago. I always figured they did that for liability reasons (i.e. to protect their butts). But now see them converting accounts left and right to Universal which lets you trade anything anywhere anytime, so maybe they don't care about that anymore.

    Just wondering...

    --Derek
     
    #11     Oct 12, 2002
  2. Those exams are pretty tough.:D
     
    #12     Oct 12, 2002
  3. I'm not kidding

    Opened an account yesterday with IB

    Test is easy, for each question, simply pick the choice that says "in this scenerio, the customer is screwed"
     
    #13     Oct 12, 2002
  4. nah, a pencil in the teeth will work just fine..

    -qwik
     
    #14     Oct 13, 2002
  5. With one remarkable exception: IB will eat your losses if they result in your futures position exceeding your futures limits. Not that anything like that ever happened to anyone I know.
     
    #15     Oct 13, 2002