I wish to open up an account and start http://www.wallstreetoasis.com/forums/how-to-start...).futures (
I havein savings and my income is 450 fortnightly. As such I am not "qualified" for an IB account. I am tempted to just lie about my net worth, liquid net worth, annual net income and total assets because I want to trade with IB who have a decent platform and low commisions, plus I suspect any other brokerage would have similar requirements.
I also don't have any experience trading, which is another requirement of IB. Again, tempted to just lie.
Now I have no idea how they would check my net worth or trading experience, I am sure these are just to cover their asses. And I really want to start trading.
But I am very hesitant to lie.
What to do?