I have had some feedback that certain subscribers cannot get Interactive Brokers to allow them to trade GBTC, leveraged ETFs, or Options. If you are trying to trade any of my strategies that require these things, this is what you need to do.
Review the Requirements
Interactive Brokers publishes the required levels of net worth, experience, and income required to trade certain products. You can view these requirements here: https://www1.interactivebrokers.com/en/index.php?f=4945&p=tradingrequirements
Navigate to Settings then Account Settings
Scroll to Trading Permissions & Experience. Then click on the configure/gear icon.
For Leveraged ETFs You Must Scroll towards the bottom and select “Complex or Leveraged Exchange Traded Products.” Then you will have a little blue section added with the same title. You must have the markets in that box set to Global. If it does not say global you must click add.
For options I check the “Limited Options Trading” which means things like uncovered call writing isn’t allowed. In this one you must have United States as a market to follow my strategies.
For GBTC which is a Penny Stock/OTC you must go to the stock section and add United States Penny Stocks
If IB approves you for those trading permissions and you have the United States stock trading permissions already enabled you should have no trouble. If you do have trouble, please let me know. I always appreciate feedback.