What happens when my margin account falls below USD 2,000?

Procedurally, to sell short, all you need to do is specify your order Action as 'Sell' at the point you create your order. Note that we do not allow you to be both long and short the same security, so if you maintain a long position and enter a sell order, you will close out any long positions to the extent of your sell order and open a short position to the extent, if any, your sell order exceeds a long position. Please note that you must maintain a "Margin" type account with net liquidating equity of at least USD 2,000 for a short sale order to be accepted. Short sales are not allowed in "Cash" type accounts…

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The error message "Your order is not accepted. Minimum of 2,000 USD (or equivalent in other currencies) required in order to purchase on margin, sell short, trade currency or future" means the account balance in your margin account has fallen under USD 2,000.  Margin accounts must maintain a minimum of USD 2,000 (or equivalent in other currencies) of Securities Equity with Loan Value or Commodities Net Liquidation Value to purchase on margin, sell short, trade currencies or futures…

If you have requested an IRA account with margin permissions you may trade products which are denominated in a currency other than that of your designated Base Currency. However, as IRA accounts, by regulation, are not allowed to borrow cash (i.e., have a debit balance in any currency type), you would need to first convert a sufficient amount of your current cash balance into the currency in which the product is denominated prior to entering your order to purchase that product. This conversion can be transacted on our IdealPro platform if greater than USD 25,000, or equivalent, or the odd lot venue if below USD 25,000…

The amount of stock required to be closed when the account is in a margin deficit depends on the account type and the open positions held in the account. For example, if you have a Reg T margin account and have an SMA deficit of USD -1,000 USD, you will need to close USD 2,000 of marginable stock to get SMA back to zero and make the account Reg T compliant. For a USD -1,000 deficit in a Portfolio Margin account (assuming all stock positions have a margin requirement of 15%), you will need to close approximately USD 6,700 of marginable stock. Please note, open positions in your account can have different margin requirements, so we recommend using the Check Margin Impact feature to preview the change in the account's margin requirements before submitting an order. Review the amount in the "Change" column to see if an order will increase or decrease the account's total Maintenance Margin requirements. …