Interactive Brokers & Margin

Discussions about brokerage firms for futures, stocks and other tradeable instruments.
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mindCrawler
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Interactive Brokers & Margin

Post by mindCrawler » Sat Feb 28, 2004 11:49 pm

Hi..

I'm from Brazil and I'm considering opening an account with IB. But I'm in doubt about margin requirements as I'm not used to it in Brazil. Follows the email I sent to IB. Could someone help me?

About the costs of trading with IB. In the example given in the email, what would be the total cost (commissions, exchange rate, etc) for the given trades.

--->

In IB’s web page it’s Said that “In order to open an account or to open new positions in an account, you must have the following minimum account equity (cash and securities)â€

mindCrawler
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IB & Margin

Post by mindCrawler » Sun Feb 29, 2004 12:08 am

About interest? Will I have to pay interest to IB relating to my position?

Bernd
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Post by Bernd » Sun Feb 29, 2004 7:55 am

:wink:
Last edited by Bernd on Fri Apr 18, 2008 3:04 am, edited 2 times in total.

mindCrawler
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Post by mindCrawler » Sun Feb 29, 2004 4:18 pm

Bernd,

Thanks for your reply. I'll follow your suggestion and try finding more info on both links you mentioned.

My major problem is that I'm not used to margin accounts and its requirements.

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