Advisor master accounts are unable to hold or establish positions. If an Advisor wishes to trade on their own behalf, they will first need to open a trading subaccount underneath their Advisor master account. The Advisor can send themselves an invitation to open a trading subaccount using a different email address than the one on record for the advisor master account.
However, please note that advisor master accounts must have funds in the account to pay for market data subscriptions and in some cases, commissions and fees for your clients (should you elect to pay them). While the Account Window will show figures such as Buying Power, the advisor master account will still be unable to establish positions.
Please Note
- It is possible to transfer cash between the advisor master and the advisor trading subaccount.