Recent content by cabum

Sometimes I have the same problem (but on paper account though). It can be one stock, or all of them (for example, two days ago I couldn't trade AMR, but had no problem with CAL).

That's right, that's what I mean. The problem is nor I nor my friend has enough fund to open separate account ($25000). I have $15000 and my friend has the same amount. So the only way is to open a single account. Does a single (not friends and family and not institutional account) account have...

HI IB! I've got the next question concerning the account type. Me and my friend would like to trade US stocks from single account (50/50). Is there any possible way to open such an account and second are there any protection mechanism built in such account so that no one of us could use not his...

Hi everybody! I've got the next question. I'm considering opening an offshore company (Seychelles or Panama maybe). Then I'm going to open an account with IB and trade US stocks and options on stocks on behalf of that company. Am I going to have any problems with IRS? Cause this countries are...

TO Interactive Brokers Could you please comment the next: My question is if I open a firm (outside of the US), in which several people invest their money for trading. Then I open an Institution single account with your firm on behalf of my firm. Any investor's money questions are settleted...

Thanks Charlton, your posts really informative.

Yes, it's clear to me as to differences. The one question for me is why someone will choose cash account if margin account is more flexible (just interesting though)? Thanks PS Could you please answer my question as to London and US offices, which am I supposed to deal with if I'm not US nor EU...

:) You joker.. $30000 is pretty big money as for now. But I'm planning to see what happens, at least I'll try to keep losses as low as possible. And of course my friends are aware of this business, that it is risky indeed (that was my term as for them). And for now we decided on 50/50 (only as...

Thanks Charlton! Are there any hidden rocks in these account types? I mean let's say I have $25000 and plan to trade US stocks and options. What account type is more reasonable for me to open? (Though I think margin is ok for me). Thanks for your help.

Hi all! A couple of my friends proposed me to trade with their money on US stocks and options markets. To start with, they proposed $15000 each ($30000 total). I have the next questions. 1) I'm planning to open an offshore company and transfer money to US broker from it's account. Do I need to...

Thanks for you fast reply. Glad to hear that. (I've sent the same question to IB by e-mail, still no answer, so your support hear is great). Does your London and US office make any difference in conducting business? I mean do you have the same rules etc. (does your answer stay in power only for...

Could you please explain what does "more flexible" means? What limitations does a usual account have if to compare with margin account? Or please just let me know where I could find it by myself. Thanks

Do I need to specify somewhere whether I need a margin account? I thought any account supposed to be margin.

On "Trading permissions" I've found the next: "No shorting of stock and trading is only allowed for products denominated in the base currency of the account." What does it mean? Does it mean that I can't short stocks? Thanks

Thanks. Could you please tell whether IB has some kind of "blacklist" of countries accounts from which you can't have deal with (like maybe some offshores whatever)? Like for example, Grenada or the Seychelles? Is it possible to find this out somehow? I'm not a resident of the US or UK.