Portfolio Margin

What is Portfolio Margin?

For Portfolio Margin, an account must have at least USD 110,000 (or USD equivalent) in Net Liquidation Value to be eligible. Portfolio margin allows a leverage up to a 6:1 ratio, depending on the positions in the account.

Where can I request to upgrade to Margin?

Log in to Account Management and select Manage Account > Settings > Configure Account > Account Type. On the Account Type page, make your selection and complete the following prompts to confirm the selection. Review and approval typically takes 24-48 business hours to complete. Once completed, you will receive a confirmation email. If you do not intend to maintain at least USD 100,000 in your account, you should not apply for a Portfolio Margin account. Note: You may switch between Portfolio and Reg T Margin. However, once margin is requested, you may not downgrade to a Cash account. Visit our How-To page for instructions.

I have a Portfolio Margin account, what happens if my Net Liquidation falls below $100,000?

You will be restricted from doing any margin-increasing trades. If you do not intend to maintain at least USD 100,000 in your account, you should not apply for a Portfolio Margin account.