Can an Agent lose money?
Yes. Anything that involves the market can lose money, and Agents are no exception. Agents follow the plan you approved — they don't predict outcomes and aren't designed to make money on their own. You're choosing the strategy.
Does an Agent know how much buying power I have?
Yes. Before placing an order, the Agent checks your available buying power. No surprise margin calls, no overdrafts.
What if I don't have enough cash or buying power? The Agent skips that run and notifies you. It will try again the next time the conditions are met, as long as it's still active.
Will an Agent let me trade something I'm not approved for?
No. Agents respect the same enrollments and approvals as the rest of Public. If you're not approved for a particular option level, crypto, or extended-hours trading, those orders will not be successful.
Do Agents work in margin accounts?
Yes. Agents support both cash and margin accounts and use the correct buying-power calculation for each. If your account has margin investing enabled, Agents will default to using margin; you can easily turn off margin usage for a given agent from that agent’s page.
Do Agents work in IRAs?
Yes. Agents follow the same rules as any other trading inside a Public account. Account-type restrictions — for example, around certain option strategies or crypto — still apply, and the Agent will not bypass them.