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Is there a minimum deposit required to obtain a margin account?

Assuming the client has met the essential requirements which consider age, investment objectives and financial qualifications, their account will be assigned margin permissions at the point of application or, if managing a cash account and requesting an upgrade to margin, thereafter.

Accounts assigned margin permissions will be afforded margin on eligible positions as long as the account equity remains above USD 2,000.

Accounts which have margin permissions and equity above USD 2,000 are eligible for margin treatment and the determinants of how much margin is available to the client for a new order depends upon the account Equity with Loan Value and the margin requirement on the positions associated with the new order.

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