Thanks very much for your reply, it was very helpful.
One other question, am I able to withdraw cash from the account despite a negative cash balance provided I have plenty of margin excess? I'm allowed to do that with questrade, and I can't see it being a problem with IB.
My current...
Hi,
I am planning to switch an account to Interactive Brokers to take advantage of the very low margin interest rates (CAD 1.75% interest charged, vs. 3.75% currently).
At the moment, I have an account with questrade in Canada with a value of about $170,000 (mostly USD stocks, with...