WTF IBKR

[GotherL]

Your order is not accepted because your equity with loan value is insufficient to cover the initial margin of $2000. Why did I get this message? I was trying to sell 1 share, not short it.

The loss means nothing, I was just killing time waiting for deposit. It's just annoying how IBKR keeps popping up with these warning messages. Also, when I hit a market order to sell I expect it to go thru immediately.

 

[StatGuy]

I hate TWS... but I'm kind of stuck with it at the moment. I don't want to lose API functionality and the ability to trade multiple asset types with a single account. I think IB does a terrible job maintaining their software though.

 

[GotherL]

I hate TWS... but I'm kind of stuck with it at the moment. I don't want to lose API functionality and the ability to trade multiple asset types with a single account. I think IB does a terrible job maintaining their software though.

Indeed, they overcomplicate things and too much unnecessary clutter. Their charts are so 90's style. For a broker of their reputation their software is quite outdated.

I am thinking if I should just go back to tradezero. The only thing I like about IBKR is the 35 cent minimum order instead of $1 at Tradezero & no deposit fee.

 

[JulioF]

I think you need to have at least $2000 to make any kind of trade. Its the bare minimum. Some legal rule.

 

[blazespinnaker]

Ugh, folks, we need to support IBKR, they're one of the last holdouts that really supports the retail API trader. I get worried we might lose them to sports betting or something if the CEO Malik just says enough is enough with all the rules and moves on to greener pastures.

Sure do miss the days of Petterfy.

That said, I do think there is a sweet spot for someone to create an API only solution.

 

[destriero]

Your order is not accepted because your equity with loan value is insufficient to cover the initial margin of $2000. Why did I get this message? I was trying to sell 1 share, not short it.

The loss means nothing, I was just killing time waiting for deposit. It's just annoying how IBKR keeps popping up with these warning messages. Also, when I hit a market order to sell I expect it to go thru immediately.

You have a unsettled trade.

 

[Tradier_Inc]

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[lovefxspot]

Your order is not accepted because your equity with loan value is insufficient to cover the initial margin of $2000. Why did I get this message? I was trying to sell 1 share, not short it.

The loss means nothing, I was just killing time waiting for deposit. It's just annoying how IBKR keeps popping up with these warning messages. Also, when I hit a market order to sell I expect it to go thru immediately.

nothing wrong here...RTFM

 

[JSOP]

Your order is not accepted because your equity with loan value is insufficient to cover the initial margin of $2000. Why did I get this message? I was trying to sell 1 share, not short it.

The loss means nothing, I was just killing time waiting for deposit. It's just annoying how IBKR keeps popping up with these warning messages. Also, when I hit a market order to sell I expect it to go thru immediately.

It means you need to have at least $2K in your account before you can trade it in order to meet its margin requirement. Your account only has $52 so it won't allow you to trade it. What kind of stock is that? Why does it have such high margin for shorting?

 

[JSOP]

People need to bring tricycle back, the ones with one wheel at the front and two at the back. Very handy for transporting kids around and shopping around town especially if they have weather-shielding covers. Would be even better if they are electric.