Regardless of the general policies stated below, IBDirect reserves the right, for its protection, to take any action in regard to accounts including without limitation: the issuance of intra-day margin calls; requiring margin calls to be met within a specified amount of time; or the liquidation of positions without prior notice.

• Any trader with a margin call must contact their broker or an IBDirect staff member with regard to their plan to meet the margin call.
   
• Day traders are allowed very liberal day trading margin as low as $500. This allowance is for Day Trading purposes only. Any trader that carries positions with a initial margin deficit fifteen minutes prior to close of the regular session (day trading session) will be liquidated without notice.
   
• Any liquidating orders that have to be placed by IBDirect will be charged a $25 liquidation fee per contract.

If you have any questions about these policies please contact: