Why am I unable upgrade to a margin account?

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…

You are required to have a minimum of USD 2,000 or the USD equivalent of Commodities Net Liquidation Value to open a new futures position. You can satisfy this requirement with assets denominated in a currency other than your base. If you do not meet this initial requirement, we will attempt to transfer cash from your Securities account to satisfy the requirement when a trade is entered. If you do not meet the minimum, you will be unable to open the new position in your Commodities account…

Clients who maintain either a cash or margin type account must maintain net liquidating equity of at least USD 2,000 (or equivalent in other currencies) in order to establish or increase an existing uncovered options position.

In order to submit the order you will need to deposit additional funds to the account…

The factors to consider when selecting between a Cash, Reg T Margin or Portfolio Margin are as follows:

• Age: If you are under 21 then you are restricted to a cash account
• Funds: For Reg T margin you are required to have a Net Liquidation Value of at least USD 2,000, and for a Portfolio Margin account you are required to have a Net Liquidation Value of at least USD 110,000…