l. Apply For Portfolio Margin (US Options & Futures)

Apply For Portfolio Margin (PM)

What is Portfolio Margin (PM)?

Access to Greater Leverage

Portfolio Margin allows customers with a margin account to access a higher amount of leverage (6.7:1).

Please Note: Although PM allows for greater margin flexibility, increased levels of leverage can result in accelerated gains or losses.

What is the initial minimum to apply for PM?

Must have a margin account and have at least $275,000 initially

To initially apply for Portfolio Margin, you must have a margin account and initially have $275,000 in account equity to allow for a cushion from the maintenance minimum of $250,000 after enabling PM. Cash accounts are NOT eligible for PM.

What do I need to maintain a Portfolio Margin Account?

Must have at least $250,000 to maintain PM

Portfolio Margin (PM) is disabled when your end-of-day (EOD) net liquidity falls below $250,000. Accounts with an EOD net liquidity of $250,000 or less will receive a PM margin call on the morning of the next trading day. One thing to keep in mind is if you are holding futures positions overnight: the value of your futures account will not count towards the $250,000 securities minimum due to the way your futures and securities accounts are handled (futures sweep).

PM Applications can take up to 5 business days

After submitting your PM Application in tastytrade.com, you can expect PM to be applied to your account within 5 business days after submitting your PM Application. You will receive an email indicating when PM is applied to your trading account

How do I apply for Portfolio Margin (PM)?

Individual margin accounts may apply for PM by logging in to your account. After logging in, navigate to the Manage tab -> My Accounts -> Trading Preferences. Once inside Trading Preferences, select the margin account you wish to upgrade, then click ENABLE, as illustrated below.

After clicking ENABLE, a PM application will appear, as illustrated below. Please answer ALL the questions in the questionnaire and click Agree at the bottom. The documents included do not need to be physically signed and submitted to us. When you complete the questionnaire and click AGREE, the button below will illuminate green.