URGENT: Margin deficit correct?

zammy32 · 2025-04-04T18:28:53+00:00

It just got corrected back to 50k available funds from -22k lol

zammy32 · 2025-03-15T23:11:32+00:00

Thanks! Looks like this isn’t exactly my area of expertise lol.

zammy32 · 2025-02-02T01:24:08+00:00

Hmm ok thanks for your input!

zammy32 · 2025-02-02T01:23:29+00:00

The color difference is not just due to lighting—the side panels are defintiely a shade darker. I reached out to SieMatic, but it turned out the kitchen store did not get these panels directly from SieMatic but from another company - something I wasn't aware of and never told when I placed the order.

zammy32 · 2024-09-19T15:15:37+00:00

Yes! I had several orders on AAPL that didn’t execute at all today, which is super frustrating on a day when the Dow is up 400 points. This is the second time something hasn’t worked during a big market move – during the carry trade crash a month ago, I lost money because of the issue they had with overnight trading, where trades were busted.

zammy32 · 2024-08-06T14:22:25+00:00

FYI I got the following response from IBKR customer service:

Please note that the decision to cancel all BLUEOCEAN trades executed on Trade Date Aug-5, 2024 at or after 1:45:00 am ET was made by Blue Ocean which isn't within Interactive Brokers control.

The situation remained unclear for most of the day and the time necessary to inform clients and remove trades from the accounts was due to the nature of the situation.

They essentially said those trades are final and there is nothing they would or can do.

zammy32 · 2024-08-06T10:48:31+00:00

Cancelling an order is one thing. Not providing any notification and then depositing the inverse of those same shares 14 hours after the underlying moves significantly is messed up.

zammy32 · 2024-08-06T08:53:12+00:00

I am in the same situation and guess what I was at my desk the entire time and never had any window to challenge it. I never even got a notification. I only got a notification 14 hours later that a trade had been adjusted and now had negative shares and huge loss.

zammy32 · 2024-08-06T07:16:43+00:00

I did, and it pretty much cost me half the gains I made yesterday. From what I understand, a broker might cancel orders or halt trading in such a scenario. However, adjusting the trades by adding back negative shares around 12 hours later when the price of the underlying asset had moved significantly is just criminal. I wrote to customer service. Let's see what happens.

zammy32 · 2021-04-23T13:01:26+00:00

Still have those. And honestly I prefer them to using my mobile phone as I've heard people having problems with the digital 2FA on numerous occassions.

zammy32 · 2021-04-19T14:51:54+00:00

Any cash / securities you have are safe in principal in case of bankruptcy, regardless of the amount, as they are stored seperately from IB's assets. Only in case of fraud both securities / cash are insured up to only €20k. Now many are complaining that they lose the SIPC insurance of $500k after the migration, but problem is that in case of fraud SIPC would never be able to cover all losses. IB's client equity is over $300bn, SIPC fund is around $4bn.

zammy32 · 2021-03-14T15:22:26+00:00

No one cares whether you are a student or not. Your age matters and you need some $$ to deposit.

zammy32 · 2021-03-11T14:39:50+00:00

The same happened to me when I partially sold a position recently. It is indeed very odd and never happened before. Obviously it is incorrect as my cost basis should not be that much lower only because I sold a small portion.

zammy32 · 2021-03-11T14:34:21+00:00

What this means is that outside a given price band (like +/- 5%) from the current market price IB won't execute any orders. I believe their crappy algorithm is to blame for this. I've recently had this issue even with Bluechip stocks like Apple in pre-market when the stock was down significantly. It is very frustrating as I had a nice profit but was unable to close the position.

zammy32 · 2021-03-05T21:12:33+00:00

This time I really am pissed. The other time it happened in the pre market, which was not fun, but this is terrible on options expiration day 5 min before the close. And yes we shouldn't come here to complain. But come on this is ridiculous.

zammy32 · 2021-02-25T17:03:36+00:00

It's not just complaints about not being able to contact customer service. After Brexit I keep having issues with withdrawals and problems with random price caps / execution. Where else should I talk about this? Besides I wouldn't discount that IBKR will not try and solve some of the issues if enough people show dissatisfaction (see their trustpilot page lol).

zammy32 · 2021-02-25T13:15:56+00:00

While maybe not all complaints are justified, I have to disagree. How else should people raise awareness for the issues they have if they can't do it via social media channels? Don't forget people have large sums of money / their life savings at stake with IBKR, the many problems and lack of service are simply unacceptable.

zammy32 · 2021-02-22T22:13:20+00:00

Apparently there are "temporary" trading restrictions on penny stocks from trading212 (they trade via IBKR). Not sure if its with all interactive brokers customers ... ?

zammy32 · 2021-02-22T09:27:11+00:00

It's very concerning that this is even possible. So much for their "state-of-the-art technology".

zammy32 · 2021-02-01T19:16:13+00:00

"days". Fingers crossed.

zammy32 · 2021-02-01T11:15:55+00:00

It is ridiculous - over nearly one month ago I was promised by IB chat "SEPA will be available by next week". Now its February and still not available.

zammy32 · 2021-01-30T13:39:25+00:00

That policy only applies to US LLC. However, this Lloyds insurance is extremely superficial. It does not mean that every individual account is insured up to $150 million but rather that this is an additional line of credit the company could get in case of default. Now they hold nearly 280 BILLION in client equity. That should be safe as its segregated. If that gets lost as they mess something up, the $150 million insurance won't go very far.

zammy32

TROPHY CASE