@Exsertus Hi man, been following your progress for a while now, big thumbs up!
@Exsertus Hey man, quick question im based in Sydney Australia and Interactive Brokers told me I cant short stocks because they don't accept Australia margin accounts. How did you get around this? (I see you from Melbourne)
@robz83 Hi mate. The reason why IB won't offer margin is because they mucked up their lending licence with the ASIC back in 2010. Last I heard, they have re-lodged the application, so I hope it gets sorted soon. I have a corporate trust with an AFSL licence, so I'm exempt from the lending restrictions. Unless you wait it out, that would be the only option. My TD Ameritrade and Schwab accounts have margin access, so you might want to give one of those a go. IB definitely has the best borrows.
cool thanks, ill check it out although i think i tried TD and they said they dont accept Aussie clients. might have to check out etrade...thanks for your help
@tobbzter Thanks, mate. Very kind of you to take notice and compliment.
@Exsertus Been trying to get in contact with you via proding(chat), could you take contact with me via mail? Tobias@rangbo.se. Thanks!
@tobbzter Sent you a PM.
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