What is IRA Limited Margin?
 

IRA Limited Margin (ILM) allows you to trade in margin without triggering trading restrictions, such as good faith violations, typically received in a cash account. ILM does not allow borrowing against existing holdings, creating cash or margin debits, short selling of securities, or selling naked options. It allows for day trading of stocks and limited options (supplemental limited margin and option agreement required) in the IRA.
 

Type of account registrations that are eligible:

Only the following IRA registrations are eligible for Limited Margin:

 Traditional IRA
 Rollover IRA
 Roth IRA
 SEP IRA
 SIMPLE IRA

How does an account qualify for ILM?

The qualifying IRA must have all
required IRA Account paperwork including:
 Minimum account equity balance of $2,000 and
 Supplemental Limited Margin and Option Agreement

What type of trading is allowed in an ILM Account?
 Long Purchase Trading
 Covered Call Options Trades
 Spreads Option Trades

What type of activities or trading
is not allowed in an ILM Account?
 No overnight leverage and no borrowing
 No debit balances
 No Short Selling
 No Naked Call Options trading

How to Add Limited Margin Capability
to AutoShares Online Brokerage Accounts

A Limited Margin Agreement enables you to re-invest your funds
 in your AutoShares Self-Directed Online IRA Brokerage Accounts.

For IRA Account Holders

 E-Sign - Limited Margin Agreement