I'm not sure I can trade FOREX with them any longer:
LEVERAGED FOREX TRANSACTIONS
As a result of new NFA regulations, spot forex transactions conducted through IB's IdealPro venue will now be classified as either leveraged or non-leveraged with eligibility requirements applied to accounts conducting leveraged transactions. As background, a leveraged forex transaction is generally defined as one which results in a short non-base currency position (i.e., borrowing) that exceeds the sum of non-cash assets (i.e., securities) plus the net liquidating value of the account.
You are receiving this notice as the combination of trading experience, product knowledge, investment objectives and financial qualifications for your account is inadequate to qualify for this new leveraged forex trading permission. If you do not wish to engage in such transactions, there is nothing for you to do as you will be able to close out any existing leveraged positions but not open any new positions starting May 14, 2012. In the event your account information is outdated and you wish to be considered for this permission, please log into Account Management and update your qualifications. To do so, select the Account Administration and then Financial Information menu options if your version of Account Management contains a series of menu options along the left-hand side. If your version contains top-level menu options, select the Manage Account, Account Information, Details and then Financial Info options. A compliance review will take place shortly thereafter to determine eligibility.
Should you have any questions regarding this matter please contact your local Customer Service Center.
Interactive Brokers Customer Service"
LEVERAGED FOREX TRANSACTIONS
As a result of new NFA regulations, spot forex transactions conducted through IB's IdealPro venue will now be classified as either leveraged or non-leveraged with eligibility requirements applied to accounts conducting leveraged transactions. As background, a leveraged forex transaction is generally defined as one which results in a short non-base currency position (i.e., borrowing) that exceeds the sum of non-cash assets (i.e., securities) plus the net liquidating value of the account.
You are receiving this notice as the combination of trading experience, product knowledge, investment objectives and financial qualifications for your account is inadequate to qualify for this new leveraged forex trading permission. If you do not wish to engage in such transactions, there is nothing for you to do as you will be able to close out any existing leveraged positions but not open any new positions starting May 14, 2012. In the event your account information is outdated and you wish to be considered for this permission, please log into Account Management and update your qualifications. To do so, select the Account Administration and then Financial Information menu options if your version of Account Management contains a series of menu options along the left-hand side. If your version contains top-level menu options, select the Manage Account, Account Information, Details and then Financial Info options. A compliance review will take place shortly thereafter to determine eligibility.
Should you have any questions regarding this matter please contact your local Customer Service Center.
Interactive Brokers Customer Service"