REQUEST DOWNGRADE TO CASH ACCOUNT

Changing your account type between margin and cash can have significant implications for your trading capabilities. Here is a comprehensive guide on how to make these changes and what to expect:…

CHANGE ACCOUNT TYPE

Use the button above or follow the below procedure to request an upgrade to a Margin account type:…

IBKR does not support the direct re-characterization and conversion of a given account type to another as each structure typically requires specific account holder information, legal agreements and, in certain instances taxpayer reporting. Account holders who seek to convert their account from an Individual to Joint type or vice versa must first…

CHANGE ACCOUNT TYPE…

You may be unable to downgrade your IBKR Margin account to a Cash account due to trades which are not settled yet. To view the settlement dates for your trades, you can access the Trade Confirmation report through the Interactive Brokers (IBKR) Client Portal. This report provides detailed information about your transactions, including settlement dates. …

To upgrade to a margin account clients must be at least 21 years of age, hold more than 2,000 USD in equity (or its equivalent) in the account and meet the liquid net worth and yearly income requirement.

Please Note…

Recipients of the message "Account May Not Hold Positions: Short Call" have either opened a Cash Account or have enabled Limited Option Trading permissions. Cash Accounts are not able to hold uncovered short call positions. If you wish to upgrade to a margin account, please access…

The free trial and the paper trading accounts are by default margin type accounts and this configuration can not be changed…

IBKR's Family Advisor and Non-Professional Advisor solutions let you manage, trade and report on multiple accounts from a single master account. The Family Advisor and Non-Professional Advisor accounts allows you to manage 15 or fewer accounts of varying types under a single login including Individual, Joint, Trust, IRA, UGMA/UTMA, Corporation, Partnership, Limited Liability Company, and Unincorporated Legal Structures. The specific limits vary by jurisdiction and the types of accounts in the structure…

ACCESS ACTIVITY STATEMENTS

Your account type (Cash, Margin or Portfolio Margin) can be found in the Account Information section (next to Account Capabilities) of your activity statements…

The process of converting from an individual account to a trust account is outlined below:

1. As the trust account structure differs from that of the individual in terms of account holder information required, legal agreements and, in certain cases, taxpayer status, direct conversion is not supported and a new trust account application must be completed online…

Please note that IBKR does not support the direct re-characterization and conversion of a given account type to another as each structure typically requires specific account holder information, legal agreements and, in certain instances taxpayer reporting. Account holders who seek to convert their account from an individual to a trust or LLC type must first initiate…

CHANGE ACCOUNT TYPE

Accounts with Portfolio Margin capabilities can use the button above or follow the below procedure to downgrade their account to a Reg T Margin account:…

Cash accounts purchase assets based on the settled cash value in your account. Margin accounts can purchase assets based on the unsettled cash value in your account. Unlike a margin account, a cash account cannot borrow money from Interactive Brokers to purchase assets…

You can request an upgrade from a Cash account to a Margin account while tagged as having been Free Riding in Client Portal, as described in Client Portal Users' Guide…