I answered correctly. As san miguel admitted he was referring after the fact to Canada.
OP never mentioned the US stock market.
I answered correctly. As san miguel admitted he was referring after the fact to Canada.
OP never mentioned the US stock market.

If you have $100,000 in assets or cash in any currency at IB then you can apply for a portfolio margin account which gives you over 6 times buying power or 15% margin rate.
Spy etfIt depends on the stock you want to trade. I usually get 30% with Tenkofx on stocks and I think some other brokers gives same.