salary requirements for margin accounts

Discussion in 'Trading' started by hedron, Jun 6, 2014.

  1. hedron

    hedron

    What's a general minimum for financial requirements, such as net worth/yearly salary/etc, when applying for a margin account? In respect to trading stocks. I know that it probably varies from broker to broker, but I just want a general idea.

    Thanks.
     
  2. I think they just want anyone with a pulse
     
  3. cstfx

    cstfx

    over 25k (some firms more, but this is generally the number I have seen) or application gets flagged

    As a test, fill out a few different applications/brokers and experiment with listed incomes - less than 25k sets off certain warnings
     
  4. put down 1 mil , nobody will check.:D