What is the minimum balance required to open an options account?

The minimum balance required to open an options account varies depending on your option level:

• Option level 1 & 2 maintain minimum account equity for a cash account (a minimum of $1,000 for US accounts and $2,000 for regular foreign accounts).
• Option level 3 has a minimum account equity of $5,000.
• Option level 4 has a minimum account equity of $25,000.
• Option level 5 has a minimum account equity of $100,000.