Probably more about appropriate risk profiling. When you sign up for an options account they assess whether or not taking on risky positions matches the type of investor you are. That’s one of the reasons they ask if you have prior experience with derivatives and what your short/long term portfolio growth goals are.
If you say you have no verifiable source of income, there are likely some regulations that come into play preventing the broker from giving you access.
350rn t1_ja67bi3 wrote
Reply to Can someone explain this to me about Ameritrade? by ImaginarySector366
Probably more about appropriate risk profiling. When you sign up for an options account they assess whether or not taking on risky positions matches the type of investor you are. That’s one of the reasons they ask if you have prior experience with derivatives and what your short/long term portfolio growth goals are.
If you say you have no verifiable source of income, there are likely some regulations that come into play preventing the broker from giving you access.