What margin aacount type my paper account is using?

Discussion in 'Interactive Brokers' started by adamovicm, Aug 24, 2021.

  1. I'm learning how to use margin with a paper account, but I'm now unsure what type of account I have created. In Activity Report I see "Account Capabilities: Margin".
    Where I can see what account type it is?

    I'm confused as I thought I'm using Portfolio Margin account, but in TWS I see in the menu Configuration -> Try Portfolio Margin and it shows modal popup with "What is Portfolio Margin.." information.
  2. IB has a "margin" account and a "portfolio margin" account. The account you receive by default is a margin account and you would need to do additional steps to modify that into a portfolio margin account. Don't worry about doing those steps, and enjoy the margin account you have received. Later on, if you have pushed your margin to the max, you could consider to switch over to a portfolio margin account.
    trendisyourfriend likes this.