IIRC, it depends on your financial questionnaire (how much you tell IBKR you have in savings, income, and so on…), but there is no required min. balance of $25k. I started on IBKR with a 10,000 EUR deposit and have had no issues selling CSPs, BUT I also unlocked the Options Trading Tier 4 level within the first couple of weeks by answering the experience questionnaires.
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I sell CSP on TDA and WeBull all the time and I have less than $25k in both accounts. I don’t know what type of account you’re working with and what level of options you have been approved for.
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IIRC, it depends on your financial questionnaire (how much you tell IBKR you have in savings, income, and so on…), but there is no required min. balance of $25k. I started on IBKR with a 10,000 EUR deposit and have had no issues selling CSPs, BUT I also unlocked the Options Trading Tier 4 level within the first couple of weeks by answering the experience questionnaires.
I sell CSP on TDA and WeBull all the time and I have less than $25k in both accounts. I don’t know what type of account you’re working with and what level of options you have been approved for.