Looking for Interactive Brokers Experience!?!?

I just came into about $30k... I took a peak at Interactive Brokers application....

While I have $30k in cash right now, I only make $20k/year because I'm still in school. I'm worried about those bastards denying my application because of this. It should also be noted that my $20k/year is fixed (i.e. not something I work for). I (almost) feel bad for saying that.... And, NO, I don't collect unemployment or anything of that nature!

So......any tips on how I should structure my application? Do I have anything to worry about? Also, I'll be trying to open a RegT account, not a Cash account.

3 Comments
 
Best Response

No, I have an IB account. When I first made my account I was a junior in college and did not meet their requirements. They honestly don't care, but they are just protecting themselves by telling you that you will lose your money if you don't know how to invest. Just BS the application, it'll get approved regardless.

Array
 
TeddyTheBearNo, I have an IB account. When I first made my account I was a junior in college and did not meet their requirements. They honestly don't care, but they are just protecting themselves by telling you that you will lose your money if you don't know how to invest. Just BS the application, it'll get approved regardless.
ROFL, its at least good that you starting early
 

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