Can I negotiate the margin rate for cryptocurrency trading on IBKR?

3 answers

• Mar 18, 2022 · 3 years ago
  Unfortunately, IBKR does not currently offer the option to negotiate the margin rate for cryptocurrency trading. The margin rates are set by IBKR and are not subject to individual negotiation. However, it's worth noting that IBKR offers competitive margin rates compared to other exchanges, which can still provide you with a favorable trading experience.
  355178
• Mar 18, 2022 · 3 years ago
  No, you cannot negotiate the margin rate for cryptocurrency trading on IBKR. The margin rates are fixed and determined by IBKR. However, it's important to consider that IBKR offers a wide range of other benefits, such as a robust trading platform, access to multiple exchanges, and advanced trading tools, which can make it a preferred choice for many traders.
  360120
• Mar 18, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that IBKR does not allow negotiation of the margin rate for cryptocurrency trading. The rates are set by IBKR and are not flexible. However, IBKR offers competitive rates and a reliable trading platform, making it a popular choice among cryptocurrency traders.
  30476