Cool if true - the one thing you want to make sure of when using the IB interface is that you don't accidentally end up on margin - which is easy fairly easy to do by accident.
(It's not that they try to get you there - it's just a trading platform for pros. A friend once told me how part if portfolio was sold automatically because of an automatic margin call when he didn't even realize hew as on margin)
Comments
> max out your real cash to accumulate positions (do not go on margin)
Options can't be bought on margin. They lose value over time and thus can't be used as any form of collateral.
Cool if true - the one thing you want to make sure of when using the IB interface is that you don't accidentally end up on margin - which is easy fairly easy to do by accident.
(It's not that they try to get you there - it's just a trading platform for pros. A friend once told me how part if portfolio was sold automatically because of an automatic margin call when he didn't even realize hew as on margin)