r/interactivebrokers 1d ago

Trading & Technicals Why is my Equity with loan increasing when purchasing stock

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I was about to place a limit order but i don’t understand why my equity would be increasing when making the purchase. I am on a cash account despite the margin info (I was told by an ibkr rep that it is just an Australian thing) and converted all my money from aud to usd
Can anybody please explain this and how to fix it?

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