No. of Recommendations: 0
TD Ameritrade and perhaps other brokers allow margining IRAs for settlement avoidances, only. They do not allow using leverage. I have never had to wait for the 3 day settlement and I do it almost every week.

IB also. They call it a cash account, and there's no leverage, but you can sell and buy with the proceeds same day. But, if you don't use the proceeds to buy same day, then you have to wait 3 days for the funds to settle. Which is odd. Also I think if you are using the proceeds to buy some other type of instrument, like options, then the settlement period may come into play. (Not sure about that.)
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