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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...