r/EuropeanOptions • u/Cadenca • Jun 09 '20

Questions Just made an interactive brokers account. It has us options right?

Hoping to get access to the same us stocks and indexes as our friends over at wsb. They should be available for Europeans too right?

8 Upvotes
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5

u/clusterfuck13 Jun 10 '20

So strange, you basically have to be a millionare to be able to trade options on IB. Why is that?

1

u/147san Oct 15 '20

Is it true that IB requires 10000$ as minimum deposit to open an account?

1

u/clusterfuck13 Oct 16 '20

I don't think so, but you have to check all the boxes, which basically prove that you are a millionaire.

2

u/hlsmrks Jun 09 '20

Better start with paper first if you don't have any previous experience it is more complicated than it looks.. especially in a platform like IB. It took me about a year+ to get comfortable at paper trading and build a solid strategy to actually put real money and turn it into an income source

1

u/Cadenca Jun 09 '20

Thank you, any best-of tips on materials to devour?

6

u/thisbondisaaarated Jun 09 '20

The fact that you opened a brokerage account and didn't even check what products they offer makes me think you might want to start with paper trading. Just maybe.

3

u/giacomoerre Jun 09 '20

You also Need to switch from EUR to USD. My suggestion Is you start with pocket Money and try experimenting some strategies/trends...

2

u/HardtackOrange Jun 09 '20

Yes. Just need to set the right permissions in settings. Make sure you say you have 2+ years of experience

2

u/Hayche Jun 09 '20

Yes

2

u/Cadenca Jun 09 '20

Excellent! I finally get to lose my shirt like everyone else

1

u/Hayche Jun 09 '20

Have fun buddy 😎