Hi all,
I’m contemplating trading options under an LLC with Interactive Brokers and have some concerns about liability and account requirements:
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LLC for Liability Protection: In the event of a negative balance from options trading, how effective is an LLC at protecting personal assets? Are there any specific experiences or insights with IBKR in this regard?
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IBKR’s Personal Guarantee Requirements: Does Interactive Brokers require a personal guarantee for LLC accounts, particularly those used for forex trading? How does this affect personal liability?
I’m looking for advice or shared experiences to better understand these aspects before proceeding.
Thanks in advance for your help!