krasnall wrote: ↑Sun Dec 06, 2020 5:32 am
I found one more interesting difference between current arrangement and IBIE:
Please note that IBIE offers financing for securities and commodities trades but cannot support withdrawals of borrowed funds. You will be free to withdraw any free cash not needed to support your open positions. If you would like to withdraw additional funds, you can sell positions and withdraw the proceeds.
Unfortunately all new entities (IBIE, IBCE, IBLUX) share the same restriction and I don't understand why. I opened a new topic
here to see if we can find a similar broker allowing margin funds withdrawal at low rates
bogle_man wrote: ↑Tue Dec 29, 2020 6:54 am
Is opening an account with TradeStation Global a workaround? I now they are linked to IB, but if TradeStation has the SIPC protection, then would not that be a viable option?
Tradestation Global clients are being migrated to Ireland/IBIE from what I've seen on various comments on reddit/facebook
mh199 wrote: ↑Thu Dec 31, 2020 7:59 am
They told me if you want to transfer to IBLUX, you need to have at least 1M USD on the balance.
Did they tell you this in writing? Can you share a screenshot?