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Found 3 results

  1. Need some help/guidance on Complex or Leveraged Exchange Trading Products(CLP). Today is my 1st day of live trading. My first trade was going to be TQQQ - but was rejected by IBKR as I hadn't enabled this option in my IBKR trading settings So now I have to go through another 2-day review period to have IBKR approve this My questions are: How do I identify which ETFs are CLP (leveraged)? Does this rule apply to individual stocks or just ETFs? What else do I need to know about the CLP provisions? Thank you in advance for any help or insights.
  2. If you have enough capital to pass the PDT rule is CMEG still a potential choice as a broker due to their 6:1 leverage? Would like to hear anyone's thoughts and experience on this. Would you stay state side with a more secure broker (IB) at 2:1 leverage or have more buying power with a broker like CMEG?
  3. Amir Straschnow

    Broker Selection

    Hi, I'm considering switching my broker. I'm with Speedtrader for the last year, but have few issues, mainly short availability and the PDT roll (I have > 25k account, but prefer to have it smaller, with no PDT limitation, and a leverage of more than 1:4). BTW, I'm not a US citizen. Which broker would you recommend? Thanks!
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