IBKR
Interactive Brokers Group, Inc. Class A Common Stock
stock NASDAQ

1. If you're just starting out, moomoo is a good option. The UI is beginner-friendly and the fees are pretty reasonable. IBKR is too.
2. I think it really depends on how much you earn and where you're at financially. If funds are tight, just set up a regular investment plan each month. Putting 40% into investments sounds fine to me. After a while, you could look into some dividend ETFs. As a beginner, make sure to check out some tutorials. don’t follow the crowd blindly.

Hey guys,
I've tried the IBKR help files but havnt got any real answers - i have my main IB account, and i want to have a separate set of logins that a family member can use so they can see the account, but CANNOT trade, withdraw cash, or do anything in the account.
They don't have a drivers license (under age) so i can't set them up as a separate in the account.
I have tried setting up secondary logins under my own user profile which has worked, however upon going into the account via these logins, i can still trade and place orders, despite the user settings access set to the bare minimum. (some screenshots below)
Has anyone done this before and worked it out? I literally just need read only and that's it.
Thank you
https://preview.redd.it/khs0il6fv18f1.png?width=445&format=png&auto=webp&s=b870f169d12edc0b611d73d68f8e600184756198
https://preview.redd.it/ffrxo91hv18f1.png?width=547&format=png&auto=webp&s=bf8590ad377e7562416a897ecf26538db142f379
https://preview.redd.it/3d0u2kriv18f1.png?width=435&format=png&auto=webp&s=3dfd8f1e57244f05b700f3dec7eb46ed3b7582ae
https://preview.redd.it/mpuokb6kv18f1.png?width=403&format=png&auto=webp&s=53100f3afaabdae0aafe91c46c3db9adb2d2bb60
https://preview.redd.it/pgsdwiflv18f1.png?width=499&format=png&auto=webp&s=ca396ccd5008bd7d3f1c9c01b706cc95c125758c
https://preview.redd.it/06sgq1mmv18f1.png?width=519&format=png&auto=webp&s=011245538a43403573b872846a41437f964eae22

Sa Maya pwede ka bumili ng ph stocks then if sa labas Gotrade or IBKR

Opened a family account because I could see you could link ISA's and GIA's under one family account as shown on the IBKR website:
https://preview.redd.it/byoumaaan18f1.png?width=1308&format=png&auto=webp&s=df347dd4a8e8148e851f08953bbecb01b7196b6a
Only to find out from customer services after opening the account when getting errors, due to regulations you can't link ISA's and GIA's in a single family account which is false advertising as shown on their website. To setup the structure in the above picture, customer service said you need to open two family accounts (one that only has GIA's linked and another than only has ISA's linked). What is the point of that? Wanted to warn anyone else so you don't waste your time like I did.

Here is what I would do but it is NOT financial advice for you.
1. Open an IBKR account and deposit the $200k and buy $200k of bitcoin ETFs
2. Open an IBKR SBLOC for 50% of your portfolio at 5 or 6% which will allow you to draw $100k as a line of credit to fund your life expenses. Note if bitcoin goes down a lot you may have to reduce the LOC so dont use it all at once but use it as a buffer while sorting out a job.
Why this - first of all its easier to borrow against a BTC etf than it is BTC at a higher LTV. You dont have to worry about dodgy crypto brokerages or offline wallets and getting hacked. Just make IKBR will lend against the ETF you buy.
Why IBKR - they allow SBLOC at lower interest rates and let you borrow against specific bitcoin ETF holdings
Result - bitcoin goes up and down but over a 2 year period, its pretty much always gone up more than the 5 or 6% the SBLOC will cost you. Sometimes tho its agonizingly slow (like now - up to 108, down to 104 or 102 or 100, back up to 105... bloody break out already will ya to 125. It might happen in days or weeks or months but in my opinion it will happen just because more corporate and institutions are buying it as a hedge and the supply is getting more and more constrained

Where can you see all these delta explanations for dummies in a video?
His movements are very complicated, sorry for the dumb question.
And what is Mark? And honestly, you could add a screenshot with the deltas or configure the table to add IV and Greeks. My broker IBKR allows for that...

You get collateral (that is updated daily): 105% of the loaned value for EUR-denominated securities (incl. USD-based share classes of UCITS ETFs when they are held via the EUR tickers). If share price rises by more than 5% in a day, you are theoretically exposed to borrower default. Haven't heard of an instance where people lost money this way via IBKR SYEP, but I think IBKR might not be obligated to make you whole in such a scenario. It's unlikely to happen because borrowers are not just people who short directly but vetted brokers/institutions.

Looking at the 27th. The 220P and 600C match at 23 and 10 cents respectively. How many is he selling? 33$ per pair, yes?
I can't see any volume or open interest data on those (on IBKR's mobile app). Maybe it'll appear once market opens?

do you happen to know what factor determines whether you get a US or Korean account? Is it just the domicile of the entity or does the of business need to be in Korea as well? What do you tell IBKR your tax residency?

I use IBKR specifically to make DRS an option.

why not use the official IBKR app?

that is the IBKR app not the GlobalTrader app. What do I care?

I wish I could help, new to IBKR myself. You know what drives me nuts? It’s the fact that the screen of this app is shifted to the right side.

If you’re trading SPY 0DTE options, the broker u can use Webull or a margin approved IBKR account , what helps me the most is using Big Short alongside it. It’s not a broker, so it wont place trades for you but it shows real time smart money flow, big option sweeps, and dark pool activity specially on SPY.

Nope. You use BasketTrader in TWS, but otherwise looks like api territory... IBKR \*does\* give the proper SPAN and SPAN II margin reductions though.

I'm an American in Korea and have an IBKR pro account using Korean address. Plan to simply update phone number and profile address when I return stateside. Which I assume will be no problem. I specifically opened the account as they allowed Americans abroad to unlike most every other brokerage.

what you need to do is open up a US LLC in Wyoming or some other private cheap state. it will cost you a few hundred a year to keep it ongoing. you will apply for a bank account for the LLC. you can reach out to online banking like Wise to help with this step. this will help you get a bank account in the name of the LLC so that you can transfer to IBKR legally
you will then set up an account for the LLC in IBKR. you can try to put the business address as your personal current residence. i have heard anecdotes of ibkr opening US LLCs for people with addresses outside the country. if this doesn’t work for you then you can use a virtual office or just a family or friend’s address. it’s gotta be an address you have control over though and you may need to provide a lease agreement or utility bill for the proof of address to IBKR. this can run you up some more costs but if you really want this then you’ll do it bro.

Thank you! I am not going to move my RRSP holdings to IBKR. I am just planning to open a non registered account in IBKR for options. I am interested in US stocks only. From what I have heard, wealthsimple is expensive for options and WS is also expensive for CAD-USD conversion.

I started trading options through Webull and made the switch to IBKR only because of the extended trading hours that IBKR has:
Sunday to Friday: 8:15pm to 9:25am
Monday to Friday: 4pm to 5pm
I'm not sure if Webull allowed trading on SPX for Juneteenth but IBKR allowed me to place trades.
IBKR wouldn't be able to save you any better than Webull from a busted trade, it is the exchange's (CBOE) prerogative.
I never noticed a difference between fills on Webull vs IBKR. The commissions are a bit higher on IBKR but I'm happy with the service I get in return. Being able to enter and exit positions outside of normal hours has been awesome. Plus a wire withdraw is free once a month, and I can do a direct deposit from my bank account to IBKR to get my money available for trading quick (usually same or next day).

Ouch. If you like buying stocks in USD, switch to IBKR. WealthSimple has high conversion fees.