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Cash Account

Trading Term

An Interactive Brokers account type that requires you to maintain enough cash in the account to cover the cost of a transaction plus commissions. The following rules apply to a Cash Account:

  • No shorting of stock or futures day trading benefits (50% of regular margin requirement during the day on certain exchanges).
  • Limited purchase and sale of options and multi-currency trading is allowed through Forex conversions.
  • Cash from the sale of stock, options and futures becomes available when the transaction settles (for example, US stock – three days, German stock – two days, US options – one day).

You can upgrade a Cash account to a Margin account if you meet the eligibility requirements in Client Portal.

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