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Hi, I signed up with Interactive brokers because its one of the very few brokers that will let a UK expat trade in GBP(I work in Singapore but want to keep my money in GBP as eventually im going to end up back in the UK and don’t want the hassle of transferring my investments).

I transferred £1k into the account to try to get to grips with it first. I was trying to preview a trade of £900 worth of VOO using the app but it throws up an error that i need £45k in my account for the Margin.

I don’t want to trade with any margin but i cant see any setting for it?

Can anyone that uses the IB app give me some advice?

I know this app isn’t really for beginners who want to invest long term but there’s not many options for me.

I simply just want to by some stocks/funds and leave them for 25 years, my UK broker “HL” wont let me use them anymore because im not a UK resident.

Thanks



Submitted May 15, 2019 at 10:09PM by Richleeson http://bit.ly/2W3BIdI

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