MBA50 > Subscription to the Managed Broker Account Service
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- Learn more
- What is the proceedit's Managed Broker Account (MBA50) Service providing?
- Why to use the MBA50 - Managed Broker Account Service?
- FAQs - Broker and margin account
- FAQs - Margin account and MBA50 service setup
- FAQs - Funding the account and maximum AUM policy
- FAQs - Trading operations and reporting
- FAQs - Profits and withdrawals
- FAQs - Security and anti-fraud provisions
- FAQs - Credits and profit-sharing fees

FAQs - Funding the account and maximum AUM policy

How is the funding capital for trades determined, and should I keep only the investment amount in my account?

IBKR requires a minimum operative investment of €3,000 in Eurozone countries or $3,000 in the United States to maintain a margin account. To go to the live production of the MBA50 service, we require investing a minimum of €3,000 in the Eurozone or $5,000 in the U.S. You can choose to add more funds at your discretion, as the decision on the funding capital amount is entirely yours - not on proceedit side.

How can I temporarily or permanently suspend investment in my Broker margin account?

The decision to invest or to withdraw capital in your broker margin account is entirely up to you.

Are there penalties for changing my capital, pausing investment, or closing my account?

There are no penalties for adjusting your capital, pausing investments, or closing your account. However, if you close your IBKR (Interactive Brokers) account linked to the MBA50 service, your subscription will be terminated. If you decide to re-subscribe in the future, setup charges will apply to cover the necessary configuration and setup work.

Can I fund my Broker account in USD to avoid conversion fees if MBA50 works with US stocks?

Yes, of course, you can fund your broker account in USD. However, this requires changing your account’s base currency to USD and choosing one of the following options:

Using a U.S.-based bank account that supports FedWire or ACH (Automated Clearing House) transfers.
Utilizing multi-currency accounts from services like Wise (formerly TransferWise).
Funding your broker account in a non-USD currency while keeping the base currency as USD, enabling a one-time currency conversion.

Note: Please note that proceedit does not recommend linking your bank account directly to your broker account.

How is the capital I want to invest determined when replicating orders for the proceedit Quantum Fund? Should I only keep the amount I intend to invest in this account?

When transitioning to live trading mode (trading with real money), you must fund your IBKR broker account. The orders executed in your IBKR account will mirror those applied daily in the proceedit Quantum Fund and the capital distributed according to the Assets you have decided to invest on. For each Asset we will distribute the same amount percentage we are trading with in the proceedit Quantum Fund.

Is there a limit for funding the MBA50 account?

There is no limit for funding the MBA50 account.

Is it better to deposit funds in USD since the market is American and trading is conducted in dollars?

According to our experience, the best Forex strategy is to keep your broker account in your original currency and let the broker manage the Forex operations every time an order is placed.