The FPSL program is only eligible to Sarwa Trade account holders who meet at least one of the following criteria:
• A minimum account balance of $2,500; or
• A reported annual income of at least $20,000; or
• A reported liquid net worth of at least $20,000.
Eligibility to enroll in the FPSL program doesn’t guarantee that your fully paid US securities will be loaned via Alpaca out as this depends on market demand.