QUOTE(erizdagreat @ Aug 5 2020, 05:08 PM)
Sifu here. I'll help answer your question.
Before you apply for trading permission on an additional security/product, make sure you have met the requirements needed. For CLPs, the requirements according to IBKR are:
"In the case of Complex & Leveraged Products, you must have a Good or Extensive Knowledge Level for stocks and options, or stocks and futures, or take a test."
Additionally, they require you to have a certain amount of liquid net worth and income according to your age. For age 31 to 40, liquid net worth should be at least $50k and income at least $45k.
Once you have submitted the permission request, on the account permissions main page, the link "request for permission" next to the product should have been replaced with a greyed out "global". That means it's pending. If it still shows "request for trading permission", then you have not submitted the request yet.
It usually takes less than 24 hrs on a weekday, but because of the influx of noobs like you to platforms like IBKR and robinhood, there might be delays.
Good luck, boy!
Lol why you create dupe to answer your own question?Before you apply for trading permission on an additional security/product, make sure you have met the requirements needed. For CLPs, the requirements according to IBKR are:
"In the case of Complex & Leveraged Products, you must have a Good or Extensive Knowledge Level for stocks and options, or stocks and futures, or take a test."
Additionally, they require you to have a certain amount of liquid net worth and income according to your age. For age 31 to 40, liquid net worth should be at least $50k and income at least $45k.
Once you have submitted the permission request, on the account permissions main page, the link "request for permission" next to the product should have been replaced with a greyed out "global". That means it's pending. If it still shows "request for trading permission", then you have not submitted the request yet.
It usually takes less than 24 hrs on a weekday, but because of the influx of noobs like you to platforms like IBKR and robinhood, there might be delays.
Good luck, boy!
Aug 5 2020, 05:30 PM

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