Account Type

Use this screen to upgrade your Cash account to a Margin account, or upgrade your Margin account to a Portfolio Margin account. Note that before you can upgrade to a margin account, you must meet the eligibility requirements of those accounts.

To change your account type

1. In the Account Type drop-down, select the type of margin account to which you want to upgrade.
• Cash accounts can upgrade to a Margin account.
• To upgrade to a Portfolio Margin account, you must be approved to trade options and your account must have at least USD 110,000 (or USD equivalent) in Net Liquidation Value.
2. To change your trading permissions as part of this process, click YES.
3. Click Continue.
4. If you chose to change trading permissions, Configure Trading Permissions opens. Modify your permissions as required and then click Continue.

Users' Guide