Only accounts with approved Leveraged Forex trading permissions are allowed to enter FX cash pair orders that would leave the account holding a leveraged currency position. To request Leveraged Forex trading permissions:
- Log in to Client Portal
- Select the User menu (head and shoulders icon in the top right corner) followed by Settings
- Under Account Settings find the Trading section
- Click on Trading Permissions
- Scroll down to "Currency/Forex", click +Add and check the box for "Leveraged Forex"
- Click CONTINUE and follow the prompts on screen.
Please Note
- US Clients with IBLLC accounts, and Fully Disclosed Broker Clients from the US generally must be Eligible Contract Participants to be eligible to trade Cash Forex. An Eligible Contract Participant is generally an individual or organization with assets of over $10 MM (or $5 MM if trades are hedging). The complete definition is located in Section 1a(18) of the Commodity Exchange Act.
Additional Information
