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sik: Is it possible with a Margin account to operate exactly as with a Cash account?

Krishnavanshi G: Hello, this is 'Krishnavanshi G'. Please allow me a moment to read the question you submitted to iBot and I'll respond to you shortly.

Yes you are correct

sik: If I don't want to operate with margins, what should I do differently when making for instance a stock order?

Yesterday I was making some test with the paper account and got these https://i.imgur.com/5xjf4A8.png

Krishnavanshi G: Make sure you have entire cash balance for the stock order you are looking to trade

So it does not use your margin

sik: ok, in that way my account would behave exactly as a Cash one?

Krishnavanshi G: In that manner you can use your margin account as a cash account

Exactly

sik: How dows SIPC protection differs between a Cash and Margin account?

Krishnavanshi G: No they are treated as same

sik: Is there any reference page you can point me to in this context?

Krishnavanshi G: One moment

http://ibkb.ibg:2009/node/1968

sik: I can't load it, can you verify it works for you?

Krishnavanshi G: Yes sir

sik: I verified and also a friend can't load it. I googled part of the URL and find this https://ibkr.info/node/1968

is it the same?

Krishnavanshi G: No problem

Goto our Website http://www.interactivebrokers.com

and search for SIPC in the search tool bar

sik: OK thanks. In case I still want to switch back to a Cash you account you confirm the best option is to create a new account linked to my former margin one, and then delete the margin one?

Krishnavanshi G: Yes you are correct

sik: ok thanks a lot

have a nice day