Is there a way to waive the minimum balance requirement for IBKR Pro in the digital currency market?

3 answers

• Dec 15, 2021 · 3 years ago
  Unfortunately, IBKR Pro has a minimum balance requirement that cannot be waived. In order to use IBKR Pro for digital currency trading, you will need to maintain the minimum balance specified by the platform. This requirement is in place to ensure that traders have sufficient funds to cover potential losses and to meet margin requirements. While it may be inconvenient for some, it is a standard practice in the industry.
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• Dec 15, 2021 · 3 years ago
  Nope, sorry! IBKR Pro requires all users to maintain a minimum balance in their accounts. This is to ensure that you have enough funds to cover any potential losses and meet margin requirements. It's a common requirement among many trading platforms, so you'll likely encounter similar minimum balance requirements elsewhere.
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• Dec 15, 2021 · 3 years ago
  As an alternative to IBKR Pro, you may consider using BYDFi for digital currency trading. BYDFi does not have a minimum balance requirement, allowing you to start trading with any amount you desire. This can be particularly beneficial for beginners or those who prefer to have more flexibility with their trading capital. However, it's important to note that BYDFi may have different fee structures and trading features compared to IBKR Pro, so make sure to do your research before making a decision.
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