Recent content by ggaribaldi

Tried to ping them on that (last week!) already but haven't got a reply yet. If you read this old post[1] it's pretty clear that having a Euro account and purchasing US stocks they would be lending you money (that's what you use the margin for) but what's not clear is when Gary speaks about...

Hi all, apparently a margin account is easier to open on IB and gives you access to all stocks everywhere (i want to trade on NYSE, NASDAQ and BIM) and i'd be buying and holding for mid-long term. Long story short: i don't want to use my margin at all, but playing around with the demo TS i...

Well, no, i still don't have an account with them but i've identified a couple of stocks i'd like to buy. I want to be free to buy and sell using _only_ my own money, hence even if i had a margin account i wouldn't like to use the margin. I've read thing on how margin accounts and trading in...

Hi Hittfeld, thanks for the answer. I'm a newbie as you can tell ;-) My use-case would be: - transfer my few euros - buy and hold a couple of stocks on NYSE, NASDAQ and BIM - sell but only if the **** really hits the fan (need a stop-loss feature) Maybe IB would be overkill for this. Any...

Thanks for the precise reply BTippen, i'm actually waiting their official answer. But well i fail to see the rational behind these limits. Why would it be preferred to have a margin account? Isn't it riskier also for them? Thanks

Hi all, planning on opening a cash account with IB. I have euros, have selected euros as a base currency and will be mostly buying and holding (no day-trading). I don't understand these 2 statements: a) No shorting of stock or futures day trading benefits (50% of regular margin requirement...