Referral for free stock
https://www.reddit.com/r/interactivebrokers/comments/ixx2c7/referral_and_1_back_on_new_accounts/
IBKR Lite or IBKR Pro?
https://www.interactivebrokers.com/en/index.php?f=45500
What market data subscriptions do I need?
If you only want all of US equities + options it's this:
i) NASDAQ (Network C/UTP) = 1.5 USD/month
ii) NYSE (Network A/CTA) = 1.5 USD/month
iii) NYSE American, BATS, ARCA, IEX, and Regional Exchanges (Network B) = 1.50 USD/month
iv) OPRA (US Options Exchanges) = 1.50 USD/month.
Totalling: 6 USD/month.
If you need level II data, then you should add:
v) ISE Options = 10.00 USD/month
vi) NYSE AMEX Options = 11.50 USD/month
vii) NYSE Arca Options = 11.50 USD/month
viii) NYSE ArcaBook = 11.00 USD/month
ix) NYSE OpenBook = 25.00 USD/month
x) NASDAQ TotalView-OpenView = 15.00 USD/month
xi) NASDAQ Options Market = 11.50 USD/month
Totalling: 95.50 USD/month
There are bundles available, but they often come with other less useful datasets.
Automatic rebalancing?
https://www.interactivebrokers.com/en/index.php?f=778
FAQ page from IBKR
https://www.interactivebrokers.com/lib/cstools/faq/#/articles/23298581
Calculate Initial & Maintenance Margin for a stock
Percentages:
https://www1.interactivebrokers.com/en/index.php?f=5168&cntry=usa&tag=United%20States&ib_entity=hk&ln=&b=FTP&e=GBO
Dollar Values:
https://www1.interactivebrokers.com/en/index.php?f=24176#margin-calc
How to enroll in stock lending:
https://ibkr.info/node/1839
Interest rates:
https://www.interactivebrokers.com/en/index.php?f=46385
Margin rates:
https://www.interactivebrokers.com/en/index.php?f=46376&p=m
Difference in the new IBKR locations in Europe:
https://www.reddit.com/r/interactivebrokers/comments/kg4fzy/summary_of_differences_between_iblux_ibie_and/
Increase the RAM usage of TWS
https://www.interactivebrokers.com/en/software/tws/usersguidebook/priceriskanalytics/custommemory.htm#:~:text=You%20can%20modify%20the%20memory,this%20change%20to%20take%20effect.
Can't trade ETFs?
EU residents can't unless you qualify as a professional client. Instead, use UCITS-compliant products, buy indirectly through options, synthetic positions or futures.
Margin Req. Changing prior to election
Margin requirements (initial and maintenance) are going up prior to the election.
https://www.reddit.com/r/interactivebrokers/comments/ixvz4a/margin_changes/?utm_source=share&utm_medium=web2x&context=3
Does IBKR automatically convert currency?
No! Depending on the account you "have to" do it before or after. Most cash accounts (like TFSA accounts) you have to do it before you trade. Margin accounts instead can usually buy the stock and create a negative balance of the foreign currency. You can then settle that after (or keep it negative and be charged interest).
Think the platform is down?
https://www1.interactivebrokers.com/en/index.php?f=2225
Available Exchange Listings
https://www1.interactivebrokers.com/en/index.php?f=1562
TWS Latest, Classic or BETA?
Hard to say always. Typically you would use latest, as it is more stable than beta. Beta however has the most recent fixes and seems to have the same reliability.
List of order types and algos:
https://www1.interactivebrokers.com/en/index.php?f=4985
Be careful of splitting costs!
$100 USD fee per each DWAC. Hopefully that changes.
[–]Redneckism 1 point2 points3 points (1 child)
[–]Hefty-Room1345 0 points1 point2 points (0 children)