MikeDirnt78
High Supremacy Member
- Joined
- Jun 16, 2002
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Okay, so I assume its just the amount? I don't mind putting in more cash but they actually took away the option to even upgrade to options trading on my account management. For <25 years old, you don't need $25k. The minimum is $3k. Anyway, I'm trading credit spreads so technically, I really don't need too much cash at the start. Anyway thanks for the insight!
For a young and privileged account with lower balance, you shouldn't abuse it to trade with options.
IB expects those young accounts to invest in a non speculative nature.