I feel a bit silly having to ask this , but...
How do I go about convincing IB to allow me to trade futures? I'm not sure that I want to, but I would like the option. So far, whenever I select 'US futures' on the trading permissions page, I get:
Failed to satisfy acount criteria
Your request cannot be processed as you don't satisfy the financial and trading experience requirements for the account type, or your objectives are not appropriate for the type of account.
Please review your financial and trading information
On the financial/investment information page, I've selected income, growth, profits and speculation, (leaving off preservation of capital). I've claimed 15 years experience, extensive knowledge. I've lied about my net worth and income too! In short, I've done all I can think of, and still no go.
Now I know that there are lots of people trading futures with IB who aren't millionaires. So what does it take?
Thx,
Steve
How do I go about convincing IB to allow me to trade futures? I'm not sure that I want to, but I would like the option. So far, whenever I select 'US futures' on the trading permissions page, I get:
Failed to satisfy acount criteria
Your request cannot be processed as you don't satisfy the financial and trading experience requirements for the account type, or your objectives are not appropriate for the type of account.
Please review your financial and trading information
On the financial/investment information page, I've selected income, growth, profits and speculation, (leaving off preservation of capital). I've claimed 15 years experience, extensive knowledge. I've lied about my net worth and income too! In short, I've done all I can think of, and still no go.
Now I know that there are lots of people trading futures with IB who aren't millionaires. So what does it take?
Thx,
Steve