CONFIGURING YOUR ACCOUNT
Once you have chosen the right account, you will need to choose a Client Type, Base Currency, and Account Type.
Click on a region and country to show your available choices.
Accounts are not currently available in this country.
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single or IRA accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in which the securities are registered in the name of the trust, while a trustee controls the management of the investments. Trusts with more than one trustee will be deemed Professional for market data purposes.
Available Account Structures:
Explanation: Individual Retirement Account. We offer the following types of IRA accounts:
This account is only available for individual US citizens living anywhere and US resident aliens. An IRA account can be linked to multiple Individual or IRA accounts.
Available Account Structures:
Explanation: An IRA account held at a designated Third Party Trustee. This account is only available as a client account for a U.S Advisor.
Available Account Structures:
Explanation: An account intended for a custodian of a minor who is a US resident.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of an unincorporated business, managed on the business' behalf by the business officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in which the securities are registered in the name of the trust, while a trustee controls the management of the investments. Trusts with more than one trustee will be deemed Professional for market data purposes.
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a limited liability company ("LLC"), managed on the LLC's behalf by its officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account in the name of an organization such as a corporation or a partnership, managed on behalf of the organization's officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals. Depending on the laws of your state of residence, there are three types of joint accounts: Tenants with Rights of Survivorship, Tenancy in Common, and Community Property.
Available Account Structures:
Explanation: An account in which the securities are registered in the name of the trust, while a trustee controls the management of the investments. Trusts with more than one trustee will be deemed Professional for market data purposes.
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of a partnership, managed on the partnership's behalf by the partnership's officers or authorized traders.
Available Account Structures:
Explanation: An account in the name of an organization such as a corporation or a partnership, managed on behalf of the organization's officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account in the name of an organization such as a corporation or a partnership, managed on behalf of the organization's officers or authorized traders.
Notes:
Available Account Structures:
Explanation: An account owned and utilized by a single trader or investor. A Single account can be linked to multiple Single accounts.
Available Account Structures:
Explanation: An account owned and utilized by two individuals.
Available Account Structures:
Explanation: An account in which the securities are registered in the name of the trust, while a trustee controls the management of the investments.
Available Account Structures:
Explanation: An account held for the trustee (or trustees) of a Self-Managed Superannuation Fund, that can be owned and managed by up to four members:
Available Account Structures:
Explanation: An account in the name of a corporation, managed on the corporation's behalf by the corporation's officers or authorized traders.
Notes:
Your base currency determines the currency of translation for your statements and the currency used for determining margin requirements. Base currency availability varies by IBKR affiliate and is determined when you open an account. Clients who hold a margin account may change their base currency at any time through Client Portal. Cash accounts can have multi-currency (MULT) capability and can trade non-base currency products.
You are not restricted from making deposits and withdrawals in any one of the aforementioned non-base currencies.
Visit our Fund Your Account page for more information about funding methods and available base currencies.
When opening your account you have a choice of Cash, Margin, IRA Margin or Portfolio Margin account types. For more specific information on margin calculations, see our Margin Requirements page. The following table provides a quick-glance comparison of these accounts. View the account type page from the links above for more details.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. US securities regulations require a minimum USD 25,000 in equity or equivalent to day trade.
IRA Margin: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of stock plus commissions. Shorting not allowed. Cash from the sale of stocks is available three business days after the trade date. Account may trade in different currencies but must have the settled cash balance to enter trades. When authorizing market, relative and VWAP orders, a 5% cash cushion is required to compensate for market movements.
Portfolio Margin2: Margin is calculated on a real-time risk basis. Immediate position liquidation will occur if the minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. US securities regulations require a minimum USD 110,0004 or equivalent for this account. If your account drops below USD 100,000, Reg T margin requirements will apply.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin is not met. Shorting Treasuries not allowed. Purchase and sale proceeds available immediately.
IRA Margin: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of bonds plus commissions. Shorting not allowed. Cash from the sale of bonds is available three business days after the trade date.
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. To purchase options the entire premium plus commissions must be deposited. To sell options and other strategy-based combos, the margin requirements and commissions must be covered. US Securities regulations require at least 25,000 USD in equity or equivalent to day trade. Option market value may never be used for the purpose of borrowing funds. Short put writing in an IBKR Canada cash account is not allowed.
IRA Margin: Cannot borrow cash i.e. have a debit balance or short stocks. For information on combination strategies that require borrowing and consequently are not available, see the Reg T Margin IRA column on the Options Margin Requirements page.
Cash (including IRA accounts): Full payment is required for all call and put purchases. Covered call writing is allowed, but the underlying stock must be available and is then restricted. Naked put writing is allowed, but the funds must be available and then are restricted. Cash from the sale of options is available one business day after the trade date. Note that short put writing in an IBKR Canada cash account is not allowed.
Portfolio Margin2: Same as Portfolio Margin requirements for stocks.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
IRA Margin:Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents. For retirement accounts, margin requirements are substanitally higher.
Cash (including IRA accounts):Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents.
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents.
IRA Margin: N/A
Cash (including IRA accounts): N/A
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents.
IRA Margin: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of funds plus commissions. Cash from the sale of funds is available one business day after the trade date. Only available to US legal residents.
Portfolio Margin2: Same as Portfolio Margin requirements for stocks.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. May be cross-margined with US stocks and options.
IRA Margin: N/A
Cash (including IRA accounts): N/A
Portfolio Margin2: Same as Margin account type.
Margin: Borrowing in one currency to purchase another currency without leverage is allowed, but margin haircuts will be applied on a real-time basis.
IRA Margin: Never allowed to borrow currencies.
Cash (including IRA accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Portfolio Margin2: Same as Margin account type.
Margin: Borrowing to establish a position (trading Forex) is allowed. Additional qualifications must be met and additional trading permissions are required for Cash Forex.
IRA Margin: Never allowed to borrow currencies.
Cash (including IRA accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Portfolio Margin2: Same as Margin account type.
Notes:
If you plan to trade any Exchange Traded Products (ETPs), including ETFs, with the following characteristics, you may wish to request Complex Leveraged Products (CLP) permissions:
IBKR offers a variety of pricing structures to calculate commissions. See our Commissions page for complete details on all of our pricing structures.
Notes:
Your base currency determines the currency of translation for your statements and the currency used for determining margin requirements. Base currency availability varies by IBKR affiliate and is determined when you open an account. Clients who hold a margin account may change their base currency at any time through Client Portal. Cash accounts can have multi-currency (MULT) capability and can trade non-base currency products.
You are not restricted from making deposits and withdrawals in any one of the aforementioned non-base currencies.
Visit our Fund Your Account page for more information about funding methods and available base currencies.
When opening your account you have a choice of Cash, Margin, SIPP or Portfolio Margin account types. For more specific information on margin calculations, see our Margin Requirements page. The following table provides a quick-glance comparison of these accounts. View the account type page from the links above for more details.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. US securities regulations require a minimum USD 25,000 in equity or equivalent to day trade.
SIPP: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of stock plus commissions. Shorting not allowed. Cash from the sale of stocks is available three business days after the trade date. Account may trade in different currencies but must have the settled cash balance to enter trades. When authorizing market, relative and VWAP orders, a 5% cash cushion is required to compensate for market movements.
Portfolio Margin2: Margin is calculated on a real-time risk basis. Immediate position liquidation will occur if the minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. US securities regulations require a minimum USD 110,0004 or equivalent for this account. If your account drops below USD 100,000, Reg T margin requirements will apply.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin is not met. Shorting Treasuries not allowed. Purchase and sale proceeds available immediately.
SIPP: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of bonds plus commissions. Shorting not allowed. Cash from the sale of bonds is available three business days after the trade date.
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. To purchase options the entire premium plus commissions must be deposited. To sell options and other strategy-based combos, the margin requirements and commissions must be covered. US Securities regulations require at least 25,000 USD in equity or equivalent to day trade. Option market value may never be used for the purpose of borrowing funds.
SIPP: Cannot borrow cash i.e. have a debit balance or short stocks. For information on combination strategies that require borrowing and consequently are not available, see the Reg T Margin IRA column on the Options Margin Requirements page.
Cash (including IRA accounts): Full payment required for all call and put purchases. Covered call writing is allowed, but the underlying stock must be available and is then restricted. Naked put writing is allowed, but the funds must be available and then are restricted. Cash from the sale of options is available one business day after the trade date.
Portfolio Margin2: Same as Portfolio Margin requirements for stocks.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
SIPP:Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.For retirement accounts, margin requirements are substantially higher.
Cash (including IRA accounts):Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents.
SIPP: N/A
Cash (including IRA accounts): N/A
Portfolio Margin2: Same as Margin account type.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements. Non-US futures options are available to US legal residents.
SIPP: Cannot borrow cash i.e. have a debit balance or short stocks.
Cash (including IRA accounts): Account must have enough cash to cover the cost of funds plus commissions. Cash from the sale of funds is available one business day after the trade date. Only available to US legal residents.
Portfolio Margin2: Same as Portfolio Margin requirements for stocks.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. May be cross-margined with US stocks and options.
SIPP: N/A
Cash (including IRA accounts): N/A
Portfolio Margin2: Same as Margin account type.
Margin: Borrowing in one currency to purchase another currency without leverage is allowed, but margin haircuts will be applied on a real-time basis.
SIPP: Never allowed to borrow currencies.
Cash (including IRA accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Portfolio Margin2: Same as Margin account type.
Margin: Borrowing to establish a position (trading Forex) is allowed. Additional qualifications must be met and additional trading permissions are required for Cash Forex.
SIPP: Never allowed to borrow currencies.
Cash (including IRA accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Portfolio Margin2: Same as Margin account type.
Notes:
IBKR offers a variety of pricing structures to calculate commissions. See our Commissions page for complete details on all of our pricing structures.
Notes:
Your base currency determines the currency of translation for your statements and the currency used for determining margin requirements. Base currency availability varies by IBKR affiliate and is determined when you open an account. Clients who hold a margin account may change their base currency at any time through Client Portal. Cash accounts can have multi-currency (MULT) capability and can trade non-base currency products.
You are not restricted from making deposits and withdrawals in any one of the aforementioned non-base currencies.
Visit our Fund Your Account page for more information about funding methods and available base currencies.
Learn about the related account types from our European websites:
Notes:
IBKR offers a variety of pricing structures to calculate commissions. See our Commissions page for complete details on all of our pricing structures.
Notes:
Your base currency determines the currency of translation for your statements and the currency used for determining margin requirements. Base currency availability varies by IBKR affiliate and is determined when you open an account. Clients who hold a margin account may change their base currency at any time through Client Portal. Cash accounts can have multi-currency (MULT) capability and can trade non-base currency products.
You are not restricted from making deposits and withdrawals in any one of the aforementioned non-base currencies.
Visit our Fund Your Account page for more information about funding methods and available base currencies.
When opening your account you have a choice of Cash (Investment, Trading or SMSF) or Margin (Leveraged Trading or Professional Investor) account types. For more specific information on margin calculations, see our Margin Requirements page. The following table provides a quick-glance comparison of these accounts. View the account type page from the links above for more details.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately.
Cash (including SMSF accounts): Cannot borrow cash i.e. have a debit balance. Account must have enough cash to cover the cost of stock plus commissions. Shorting not allowed (except for Trading Accounts under IBKR Australia). Cash from the sale of stocks is available on the nominated settlement date for that market (except for Trading Accounts under IBKR Australia where purchase and sale proceeds available immediately).
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin is not met. Shorting Treasuries not allowed. Purchase and sale proceeds available immediately.
Cash (including SMSF accounts): Cannot borrow cash i.e. have a debit balance. Account must have enough cash to cover the cost of bonds plus commissions. Shorting not allowed except for Trading Accounts under IBKR Australia). Cash from the sale of bonds is available three business days after the trade date except for Trading Accounts under IBKR Australia where purchase and sale proceeds available immediately).
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum maintenance margin requirement is not met. Purchase and sale proceeds available immediately. To purchase options the entire premium plus commissions must be deposited. To sell options and other strategy-based combos, the margin requirements and commissions must be covered. Option market value may never be used for the purpose of borrowing funds.
Cash (including SMSF accounts): Full payment required for all call and put purchases. Covered call writing is allowed (except for Investment Accounts and SMFS accounts under IBKR Australia), but the underlying stock must be available and is then restricted. Naked put writing is allowed, but the funds must be available and then are restricted. Cash from the sale of options is available one business day after the trade date.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
Cash (including SMSF accounts):Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
Same as Futures
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. Cash required to meet variation margin requirements.
Cash (including SMSF accounts): Account must have enough cash to cover the cost of funds plus commissions. Cash from the sale of funds is available one business day after the trade date. Only available to US legal residents.
Margin: Margin is calculated on a real-time basis. Immediate position liquidation if minimum margin requirement is not met. May be cross-margined with US stocks and options.
Cash (including SMSF accounts): N/A
Margin: Borrowing in one currency to purchase another currency without leverage is allowed, but margin haircuts will be applied on a real-time basis. For IBKR Australia accounts Conversions involving currencies outside the supported currencies is not allowed.
Cash (including SMSF accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Margin: Borrowing to establish a position (trading Forex) is allowed. Additional qualifications must be met and additional trading permissions are required for Cash Forex.
Cash (including SMSF accounts): Cash from Forex transactions is available two business days after trade date. Never allowed to borrow currencies.
Notes:
IBKR offers a variety of pricing structures to calculate commissions. See our Commissions page for complete details on all of our pricing structures.
Notes: