Requirements to get a margin account at IB?

Quote from JCVR:

They read me a form letter saying that I could apply again if my employment situtation and account balance changed in the future.
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I, for one, appreciate your honesty with your finances.

The solution is to change your financial life to match or exceed whatever they see as minimum standards for you to have a margin account. Since you are not getting anywhere with IB customer service (big surprise there, considering their record), remove all but $720 from your IB account and take the rest elsewhere. Ask me why in a PM.
 
Quote from MandelbrotSet:

You just gave us and by inference, them, WAY to much information.

It's none of their business what your financials are, they aren't your big brother.

It's obviously worth it to you to continue trading through a brokerage which by your admittance is extremely frustrating in how they deal with their clientle ... but if it were me, I'd take my business elsewhere.

Period.
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Well where would you take your business?
It would seem they are all the same in the client regard.
Even Chicago ECN's NY ECN's.
All arrogant pigs.
Even though some might be nice on the phone and hold your hand.
None of them could care less.
So where could you find nice people with low commissions hahahaha
In heaven???
Im serious where would you take your business other than IB's???
 
Direct access platforms are the best way to go for active daytrading. Not only can you get 20 : 1 leverage if you are licensed, commissions are generally very low and on a per share basis. If you don't have a license, a lot of these firms will provide 4:1 intra day leverage right out of the gates.
 
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