Yes I have done so on both accounts. The reality is, TD only requires difference in strike prices minus credit received as margin for credit spreads. Whereas IB does not apply credit received to the trade, thus margin is distance between strikes only. It is an expensive way of doing business. I want to open an account with TD, but since I live in Ireland I cannot. So I am stuck with IB and their ridiculous margin calculations.
Interactive Brokers Order Rejection Message?
- Thread starter Con1991
- Start date
Post IB screenshot using the puts
IB paper money SPX options are not working for me right now. That is another thing, the paper money platform is full of bugs. Anyhow, the margin for puts exhibit the same results as the calls on IB, distance between strikes is what is required as margin. Which is not the method other brokers use, and therefore a barrier to seamless option trading in my opinion.
Here is a screenshot of a put credit spread using the same strikes, on TD.
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Maybe with the paper trading version it only looks at the margin first not the credit received. In real world trading options with IB this is not the case.
I certainly hope not. From my experience so far, TD's paper money account has been quite a bit more accurate.
Futile battle. You said you can't use TD so just get onto dealing with IB
Yes I intend to do that. I have already been approved for a live account with IB, although I have yet to fund it. Since 2018, TD is unavailable to European citizens, and most countries around the world.
LOL think yourself lucky in Australia we couldn't even use IB for about 4 years and had to use cfd's through bucket shops 
Really? IB definitely seems to have the monopoly on trading in many counties. I still long to see the day where TD opens up to the rest of the world again. Perhaps with the Charles Schwab acquisition, that may happen soon. Who knows.LOL think yourself lucky in Australia we couldn't even use IB for about 4 years and had to use cfd's through bucket shops