I dont think what he does is wrong he is just providing a service hes not making anyone sign up and throw money at him. I was just wondering from a legal point of view if its illegal
Can i have 2-3 accounts at IB but have the money completely separated For example, One account dedicated to Day Trading. 2nd account dedicated to Swing Trading and 3rd account dedicated to Options.
i do not have a full time job i make my money just from trading. Im just curious if my 2nd account which i use mainly for swing trading will make me an investor instead of a trader in the eyes of the irs even though i do 1000+ daytrades a year in my main account.
If i have two seperate accounts. One for day trading @ IB where im doing 1000+ trades a year and my other account at thinkorswim is mainly for swing trading where i hold stocks for weeks at a time. Will my swing trading account ruin my chances of being approved for trader tax status?
I heard horror stories about their customer support so i figured id just come on this forum. I know i can use the TWS platform but i was wondering if i can use both TWS and DAS trader on the same time. ( TWS for futures & DAS for stocks )
Im looking to use Das Trader Pro with IB for trading equities. But when i want to trade futures can i also log into TWS and DAS at the same time and trade futures on TWS and trade equities on DAS?