Assuming the client has met the necessary requirements which consider age, investment objectives and financial qualifications, their account will be assigned margin permissions at the point of application or, if maintaining a cash account and requesting an upgrade to margin, thereafter.
Accounts assigned margin permissions will be afforded margin on eligible positions as long as the account Securities Equity with Loan Value or Commodities Net Liquidation Value remains above USD 2,000 (or equivalent in other currencies).
Accounts which have margin permissions and equity above USD 2,000 (or equivalent in other currencies) are eligible for margin treatment and the determinants of how much margin is available to the client for a new order depends upon the account Equity with Loan Value and the margin requirement on the positions associated with the new order.
Additional Information