Unable to buy US ETFs as a UK resident, any work around?

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General Question

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Hello!

Title says most of it. I registered an account with IBKR this week to set up my portfolio comprised of UPRO and TMF (2 leveraged ETFs). However, I keep getting hit with a constant error of

"This producst is currently unavailable to clients classified as retail clients. Note: Individual clients and entities that are not large institutions generally are classified as retail clients. There may be other products with similar economic characteristics that are available for you to trade"

This is frustrating since there aren't any good UCITS S&P500 and teasury bill leverage funds. (There is a Wisdomtree one, but it way less efficient). Is there no way around this?

I do have a Tastyworks account that is able to trade shares in these underlyings, so I'm a little confused.

Thanks!

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BakerStreetBoys221B

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Posted: 3 years ago
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