IBKR
Interactive Brokers Group Inc
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I once read somewhere that major brokers will deal with the issue of physical delivery on futures expirations, for a fee, but can't find it again. (self.investing)
Interactive Brokers closing account, won't let me deposit funds to avoid liquidation
I had my best trading day all year and in a very long time but have no one to talk to about it
Blackrock just added up to their $LUMN position
+8 million/2500% gain in 2 months, +20 million/5000% since April 2023
No reimbursement policy if hacked - IBKR Canada
Rates cut will send BETR to the moon (Better Home & Finance Holding Co)
If you want to day trade professionally, it's ABSOLUTELY CRITICAL that you trade with a professional platform that charges options fees.
Would you guys have handled it differently if you were in the same situation?
Would you guys have handled it differently if you were in the same situation? Sharing my investment experience with bad risk management strategy.
Worst brokerage platforms errors you have seen?
Worst brokerage platforms errors you have seen?
$COIN / Bitcoin ratio is stupid. Long BTC short $COIN
Just got approved for Options Trading on IBKR
USA: Options for automatically moving small amounts of excess funds from a bank into a money market mutual fund or similar? (is this "sweep"?)
Only 700 shares available for shorting on IBKR
A bullish case (w/DD) for Fisker FSR (SI: 41%)
Taking advantage of high lending rate and dividend yield
Lending out ABR and securing 15% annualized return
What’s the point of selling naked calls if you need to have the cost amount of shares regardless?
Interactive Brokers not filling orders, filling orders above limit price
HEAVY CAUTION!!! Closing a Short Put Option deep ITM...
Questions about bonds, mainly US treasuries
$LMND - Potential Gamma Squeeze
I want the same Column in Interactive Brokers to help my option game.
Price of Crude Oil vs Middle East death & injury tolls as reported by CNN
ITM put options expiring, but not enough cash in my account to purchase them
Last 35k left and looking for strategies to 10x in a short time
How is MooMoo? Recommendation for Canadian trading platforms.
CHEATSHEET: The Basics of Short Squeezes - A 3-min Read
Starting a fund partnerhip. How to go abiut it?
Must US brokers send an FYI about market orders to their clients who placed a market order in the past month by law?
is there a broker that allows automating weekly put writing?
Why does Fidelity have such terrible Treasury bond spreads and yields vs. market?
TD Ameritrade is beginning to charge users USD$50/month maintenance fees
Td Ameritrade to Schwab: how's order execution quality in Schwab?
Which free bond scanners(with ratings) are out there and which ones do you use?
Investing from Switzerland: IBKR vs Trading212 vs Degiro
Help finding spiked up/down stocks
Capital gains / Dividend tax on taxable MMF's for a foreign investor
Which online brokerages should I consider?
Can I get a count? DRS Price Hike: Would You Change Brokers?
How do American investors directly access foreign markets?
How are brokers like Lightspeed or Dash Prime for portfolio margin buying power?
Cost of options contracts:- AAPL / NVDA comparison
Mentions
I use IBKR and never had an issue with market orders. If you trade SPX options, the commish is minimal unless you are doing a lot of legs.
Yeah, I only lightly skimmed your post, but came in to say: switch brokers sooner than later. Scwab is good, and their ThinkOrSwim trading platform is top notch. I don't have experience with IBKR, but I'd bet they're at least equal. Good fills too, often a penny or three on the good side of Midpoint. Oh, and stop trading on your phone, if that's why you were using RH. If you don't have a laptop (or desktop), buy one. You don't need a whole lot of horsepower, and something in the $300 range should serve. Best to you.
Yes sir. is IBKR the best when it comes to fills? what about the lowest index contract fees?
I like IBKR but if there's one thing that pisses me off about it is not being able to subscribe to IPOs
Bankrupted MULTIPLE casinos. That's like if you were IBKR and you went broke.
I’ve traded options with Fidelity, Public and IBKR. Limit orders work like Limit Orders in each, of course, ie, none will fill above your buy limit or below your sell limit. But, in my experience anyway, Fidelity always fills the whole order at once and very rarely at a better price than the Limit entered in the order. Public is similar, though marginally better. IBKR, however, allows you to let its system find the best available price for each of the contracts ordered, which is ultimately more profitable. For example, a $2 sell limit order on Fidelity for 10 contracts will render $2k in cash before fees and commissions. The same order in IBKR might have 5 contracts close at $2 but have, say, 2 at $2.05, 2 at $2.10, and 1 at $2.15. In that scenario, IBKR kicks out $2045 cash. That $45 difference over Fidelity adds up over multiple trades, especially when you consider the benefit is on the sell order as well as the buy-to-close one.
I didn't follow what people were saying, but I thing there is a merger (strive ?) as on IBKR there is a ASST.OLD and ASST STRIVE. Thats why you can't do anything I guess. You'll have to wait for market to open
IBKR not filling my order. Been trying to buy since yesterday. Pressure
Yeah that’s the main motivating factor for using IBKR for me at this point. Especially with CSP
Not sure if margin rates are important to you but they are to me, and from what I can see TOS margin rates are *double* what IBKR charges. No go for me.
Why think or swim over ibkr? The margins rates for IBKR are way better
I’ve been comparing IBKR vs thinkorswim myself curious if anyone has an opinion on that, I’ve been using think or swim for a while and I do like it however I will say the desktop app is far from perfect especially if your running multiple monitors (I’m on Mac). I frequently have drop down menus that just disappear unless I bring the window back to my main display. I recently opened an IBKR account to try out for a bit before moving my main account over. Curious to hear anyone’s thoughts
Wealthsimple is our version of Robinhood here. But IBKR is top choice for sure.
I saw a little icon that I've never seen before pop up before close on Friday, next to the short 380c: https://i.imgur.com/oK18E3H.png Then some time after it, the same icon popped up against my LEAPS. It's not shown in the screenshot, but it was a small yellow icon in IBKR that when hovered said "Option Excercised". As of right now, the options are still in my account. So I don't know if usually they get handled at market open given it's the weekend, or what, but yeah. I don't have 100 shares and it's a PMCC so if they had to liquidate I'm guessing it would be the LEAPS if forced to, right?
IBKR is the best Canadian platform for options
Like $13/trade in fees. Moving to IBKR soon
You can’t just rely on Fintel as it only looks at IBKR and no other brokers
Isn't the common advice to never exercise your LEAPS, and instead sell it to capture the extrinsic? My understanding is that IBKR will deliver the shares to the counterparty, and you'll be short the 100 shares. You then sell the LEAPS, and buy the shares, and keep the difference. I haven't actually gone through this yet, so happy to hear from someone more experienced...
Anybody else has issues with seeing the ASST stock on IBKR? I cannot see any data, is this because of the recent merger? https://preview.redd.it/x9uoaq8cq5pf1.jpeg?width=1170&format=pjpg&auto=webp&s=287e2e3f19d9cee54f33e1b93f58aa73daea505b
I have a strong feeling you're about to lose a lot of money because you're using IBKR
I use IBKR for practically everything and client work, Schwab for my solo 401k and banking accounts, Vanguard to teach kids about investing and Robinhood for legacy. Robinhood broke the barriers to enable us to invest but once everyone dropped the fees allure of Robinhood disappeared. it is still most user friendly app out there though and does make a lot of things as simple as possible .
Using both IBKR and RH. IBKR is more detailed and professional while RH is more user friendly. I hold my long term at IBKR, use RH for day trades personally
Been on IBKR since 2007 and it's been great. As my account has grown it's gotten better, higher interest paid, the stock yield enhancement program is also a nice little extra. The fills seem good to me, and their options tool do everything I want. Fidelity has been good for my retirement accounts though as I'm much more passive. I really appreciate all the tools they provide to easily roll over other accounts(old IRAs and HSAs), it was so easy to fill out a web form and have them handle the rest.
IBKR is the best, RH is more user friendly imo
I was with IBKR for 10 years before I switched to Schwab. Schwab gave me lower per contract rate and better fills. I was using Smart routing with IBKR.
Where do you invest? Because IBKR only allows me 2% of my entire capital, which is crap.
> only able to Roll in TWS?! IBKR Desktop and IBKR mobile both have "roll" feature.
Public.com gives commission rebates, but that’s inconsequential compared to the option price advantages you get with IBKR. I agree that IB’s platforms are a jumbled mess (only able to Roll in TWS?!), but the leverage they give on cash in brokerage margin accounts and the best-price available is huge.
IBKR has adaptive which has saved my ass time and time again with lower prices. Example Friday I had a limit buy order for 0dte NDX put option for $25.80. I got filled at $25.20. Which made a huge difference because I was then able to leg into a spread and flatten the delta when I bought call spreads. Only made $60 profit but that’s because I saved $0.60 from IBKR algorithm. Robinhood screws you on price. Also IBKR has a lot of international stuff you can trade. E*trade has god aweful UI and is terrible for fast moving markets and day trading imo. To set up a trade takes way too long and they don’t have sequential order placements like IBKR and Thinkorswim do.
yes that but in the image why it says "Sell Call" instead of "Buy call"? In IBKR is Buy call.
I do think I’ve heard that before. However in limited potentially confirmation bias observations I’ve always seen IBKR fill at my limit price while E*Trade very often below it. Do you have anymore insight on how IBKR is supposed to be different?
If you end up not liking it, i really recommend IBKR
IBKR is better. Fidelity is great for retirement buy and holds
You get better fills with IBKR. I switched from Robinhood back to TD Ameritrade. Then to IBKR. IBKR is more professional
RH is crazy!!! I had no idea they put buying power at the top like that and cash is a small little grey font. Fuck this is why people go wild on RH. It’s the opposite for me on IBKR.
Agreed. Based in Singapore and while my portfolio grew 50% in USD on IBKR in SGD it doesn’t even hit 40
On IBKR it’s pretty instantaneous. Had a condor recently…. Didn’t go green till expiration (.01 away from my high wing). Was in my account at the bell.
Ohhhh boy, next week I get to start trading SPX options 24/5 on IBKR. Puts on my sleep patterns.
Thank you for the reply. Your comments here and elsewhere are very informative! I haven't talked to a human customer service rep yet, but I do think I figured out what's going on. IBKR includes Covered Put in strategies allowed under Level 2, however, they define Covered Put differently in different places. [Here](https://www.interactivebrokers.com/campus/glossary-terms/covered-put-2/) they define it as: > An option strategy in which a put option is written against a sufficient amount of cash (or Treasury bills) to pay for the stock purchase if the short option is assigned. But in [elsewhere](https://www.interactivebrokers.com/campus/trading-lessons/bear-market-covered-put/) they describe it as: > A covered put would be considered by someone who would like to derive additional income from a short stock position. This is what they seem to be referring to by Covered Put in Options Level 2. I don't have a link, but IBKR's chatbot also backs this up by saying that even when there is sufficient cash in the account, IBKR still considers selling a put as an uncovered options strategy and therefore requires Options Level 3 permissions. As to the example, I used the last available bid price for both (it was after market close). But I looked again during market hours, and I still saw some difference in max return depending on the expiration and strike price. Sometimes it was almost exactly the same, other times it was quite different. I saw this for other tickers as well. As for the risks between the two strategies, if the underlying doesn't pay a dividend, I assume that particular risk be safely ignored? Sorry for the long reply!
I feel that there's no benefit to IBKR other than low margin rates and access to international stocks (which you still need to independently qualify and sign up for.) Their UI is atrocious for simply understanding how much cash I actually have due to their insistence on showing time period-based data with no UI for simply what's in my account "right now". And I'm not sure I ever understood how they calculate Buying Power because a lot of time i get hit with not enough funds and show entirely different numbers that i can't simply eyeball and understand where it came from, numbers that I felt like should've been on the order ticket, not AFTER i submit.
Am I the only fan of IBKR? They've been great for me.
IBKR is saying Monday is holiday!
I despise IBKR. I think I will move back to Schwab for ThinkOrSwim. Any other suggestions?
I'm really starting to like IBKR. Warrants super fun to trade, and make some profit. I used to think IBKR was confusing as shit, but I'm learning.
S&P inclusion always leads to a sell off. However I never fail to chase it and lose money. TTD, DDOG, IBKR, now HOOD 😭
Gemini gave RH the finger, SOFI got shares, IBKR got shares, tf is this?
I stopped doing options. I now have enough money to only do cash. But it limits my daytrade capabilities, so I have multiple accounts and brokerages and use both laptop and phone. I'm trying to see which one I like best. Honestly, I hate IBKR.
IBKR: We allowed you to roll your Reddit contracts into a naked call so you could stay in the money. IBKR 2 min later: You do not have any margin left and we're going to force liquidate you soon. Lesson: Don't do call spreads as it's damn hard to get out of them. Just take the L and back to wheeling
My IBKR app does this too because they gave me a sign up bonus for a few bucks and now every time I deposit money it interprets it as a gain from the starting value of the account.
With a limit order the commisions were as low as they should be. I got filled with a limit order and got told by IBKR that they reserve a larger sum foe market orders.
Mehh I just use margin and my buying power. When assigned, I sell cc’s and or put’s to correct tje negative cash balance to zero or positive again. The interest on the borrowed money is so low I overcome this easily with options selling. For example, I borrowed 40k now from IBKR and pay $6 a day in interest (around 4-5%). I then sell $4k wort of options each month and also deposit funds on a regular basis. All my cash is deployed in holding stocks, which return >> cash
IBKR doesn’t issue margin calls they will give you a margin violation notice and will liquidate your positions.
I wanted to sell CSPs on IBKR, but I only have permissions for Options Level 2, and apparently you need Level 3. It's my understanding that selling ITM CCs at the same strike as an OTM CSP is essentially the same. However, I noticed that the max return for the CSP vs the max return for the ITM CC is very close but not the same. For example, 1 ASTS Sep 19'25 36 CC (Delta 0.733) has a max return of 73, whereas the Sep 19'25 36 Put (Delta -0.267) has a max return of 77. Will there always be a slight difference between the max return for ITM CCs and OTM CSPs at the same strike? What causes the difference? Thanks!
Im not sure what you're asking exactly... Webull, IBKR, Think or Swim (Schwab), all free, great entry platforms with tools and charting that offer education and paper trading as well.
If you *have* to borrow, then yes, a box spread is basically just a loan wrapped in options. And if the implied rate is cheaper than your broker’s margin loan, it can make sense in theory. But still, box spreads tie up capital and margin. If something breaks in execution or liquidity, you’re the one eating it. Also brokers don’t always margin them cleanly, so your cheap loan might not stay cheap. Honestly, tnterest rates at IBKR are already competitive. You’re probably saving basis points, not whole percentage points. If your goal is funding living expenses, again simplicity usually beats engineering. Margin loans are transparent and predictable; boxes are not. Use the tool that leaves fewer surprises because you probably hhave enough moving parts in your trading already.
If you’re selling cash-secured puts, that cash is your collateral. You need it available the moment you’re assigned. If you stick it in SGOV (or anything else), you’ll have to provide margin quickly to cover assignment; and there’s always the risk of bad timing or settlement delays. That’s why most people just leave the cash in the brokerage “ready to deploy.” Think of it this way: CSP collateral isn’t idle cash, it’s margin. Keep it liquid. Also, I think IBKR pays you decent for the cash on your account these days.
You don’t need a boxed spread to pay your mortgage but a saving account with interest. Box spreads are basically synthetic loans. They work, but they’re clunky, fee-laden, and prone to broker quirks. Pros use them when the rates are mispriced, not to pay the electric bill. If your goal is everyday liquidity, the edge isn’t there. Just keep the bank for groceries and save the boxes for when the arb actually makes sense. I think IBKR pays you fairly well these days for just holding deposit there. Simplicity often beats smart...
I think they rebalance more frequently than quarterly. IBKR was included two weeks ago and last Friday they announced HOOD and APP.
Ok good cash in my brokerage account is generally used as security for selling puts. SGOV should be basically equal to cash in portfolio margin I think on IBKR. There are actually complex tools on IBKR for running scenarios. Talk with CHAT gpt about it... Chat has a pretty good understanding of IBKRs inner workings, and can help you through it. I've figured out a lot of good strategies recently, it all involves options, reducing risk, and increasing leverage. Did you apply for PM yet?
you can apply for portfolio margin, which will give you access to more leverage. You will need options level 3 for CSP on IBKR FYI.
IBKR will get you good fills (i've seen some posts recently about how bad the fills are on tasty), you will need options level 3 to sell naked put (even CSP) I got it the second time I applied after 1 year of options trading on the platform, and on other platforms. I also told them I wanted to transfer my account in, but needed options level 3 approval before I would transfer my account... what do you know I had options level 3 in a couple days.
IBKR. I put in SGOV and sell on Friday of my CSP expiration. Have had no issues so far.
I ask my question to chat gpt (copy paste) and it says yes its the way people utilise full potential of options trading specifically through IBKR. So definitely I will be looking into it.
If Robinhood’s not an option, I’d go with either IBKR or Tastytrade. The rest (Webull, MooMoo, etc.) are trash for serious options. TOS has solid tools but the interface is clunky and outdated. IBKR gives you all the data you could ever want, but boy is it complex. Tastytrade offers nearly the same depth with a cleaner UI and a strong options community behind it. Also worth checking out [Option Buddy](https://optionbuddy.ai/) it’s a new tool being built to break down your portfolio risk in plain English and simplify all the numbers traders usually struggle with esp multi leg strats.
No you cannot. Infact I think it’s only IBKR that offers visuals of OI/vol and IV. [Option buddy](https://optionbuddy.ai/) is building a similar tool just one that uses AI to chart all the data and put it in word format based off the positions in your account. Check them out
Charles Schwab charges a Stock Borrow Fee, or rate, to borrow shares of OPEN for short selling, not a margin interest rate on a loan. This fee is a variable rate determined daily by the supply and demand for OPEN shares in the market, and it is applied to the total market value of your short position. You can find the specific fee by checking your account or the Schwab website, as rates change daily. In IBKR the annual borrow rate for OPEN shares right now is 5.4% with the range in the past 30 days 4.99% - 7.11%
I use IBKR but I did not get lucky on OPEN
Ofc margin will call before on IBKR
i don't use IBKR, but this wouldn't be fees/commissions or anything like that?
Sure it would, but if it did, it would tank the Hong Kong stocks the same. They are the same stocks and exchangeable like for like with each other. "Buy from HK" doesn't get you anything here, except possibly more complexity and higher fees (although IBKR is good for this).
IBKR is still expected to grow earnings at 11–12% annually and revenues around 4–5%, with EPS growth 7–8% annually. That’s healthy, but margin-interest pressure could temporarily dent near-term earnings.
IBKR shows 42M, OP probably typoed
It seems like the same data you get on IBKR for free (option wizard). This have much better UI/UX, but doesn't seems to add anything special, it's a Black Scholes in nice package.
Is it possible to see option bids/asks before open and if so what type of market data do I need to subscribe to? I use IBKR and currently have real-time price data but before market opens all previous day bids/asks are cleared. Thanks.
You request before lauching day ? How ? I use IBKR. Only now how to buy after IPO, when they already went up 15% or more
Yes, it works, but if you ever need to withdraw it is disadvantageous -- the bonus gets clawed back. For example you deposit $1M and get a 3% bonus, then deposit a new $100k with no bonus 3 years later, you can't get that $100k back out without losing part of the original bonus (depending on the value of your portfolio). In short, I transferred everything I could hold for 5 years, but all new money goes into IBKR in case I need to withdraw it. But they paid out the full 3% as stated.
I did something similar. Yeah, their bonuses are fantastic and real. You do get the bonus right away but as you stated they have a 5-year claw back. I am loving the platform too and performing better. I was surprised how aggressive their pricing is. Margin rates beat IBKR, credit card 3% cash back on everything, great cash interest rate without need to sweep, good mortgage rates, etc. Not a pitch. Just a happy customer.
Trading is currently limited on IBKR, close only
Used my IBKR account to get in :)
Seems from all the gain porn, dudes with ports greater than $100k use IBKR and dudes posting $10k gain poors use HOOD.
Robinhood lol, it treats me way better than IBKR ever did. IBKR, their spreads are so malicious that my every order would fill at a price the market had never even reached yet. And sometimes the market never reached that price cause I was wrong, so I’d just be hoping to break even at 4.40 even though the all time high is 4.10
with IBKR they completly disabled the buy button for some of them
This is an amazing comment and insight. I never thought about the stock exchanges themselves. I just looked up Intercontinental Exchange but I don't know many stocks like this. IBKR indeed seems really well positioned for retail penetration outside of the US. The stock seems to have a crazy run the past year and now the valuation is rather expensive, but this is worth a closer look. I have no clues who will have US retail investors' loyalty. Is there a major financial media platform outside of Reddit? YouTubers are also big but as a pure social media play, I'm liking RDDT more and more.
Really like the way you’re thinking about this! You’ve connected your own habits to a bigger trend. Brokers like IBKR and Coinbase are obvious plays, but the real winners will be those that build trust and keep Gen Z investors engaged for decades, not just offer the lowest fees. Outside the US, retail penetration is still low, so global platforms that bring both access and education have a long runway. And don’t forget the indirect beneficiaries - exchanges, payment platforms, even financial media all gain when more people invest. Long term, it’s less about trading costs and more about who creates stickiness and loyalty.
RH as a platform is hot garbage. Webull is a MUCH better option. I think in time it will definitely steal customers from RH. Features wise, other than the fact that it does not allow tax lot selling and keeps 85% of the revenue share for share lending, it’s the best choice out there when you compare various brokerages. My overall pick though is IBKR. Webull is a newer company so has young company growing pains, but I can see its stock going much higher than it is now, especially in this regarded market that pays no attention to actual valuation. I’m holding one lot at 11 for long term growth, and have been putting away solid money swing trading it.
Anecdotally I started before the covid crash happened, the crash motivated me to buy even more. Also anecdotally, the part that you mentioned about investing being made easier is also true. Back in 2021, IBKR demanded that you deposited at least $4,000 and the application process was brutal, plus $10 a month subscription fee. I recently helped my friend sign up for IBKR this year and they asked for way less documents and no upfront deposits needed at all. They also got rid of $10 fee a long while ago.
IBKR blocked it(((( No chance to short(((
nah IBKR doesn't either pretty sure
Thinkorswim has a paper money account that I believe is free for everyone. (It for sure is for Schwab customers, but I’m pretty sure anyone can do it). IBKR also offers papermoney and so does WeBull.
Really? Not even IBKR? Thats dissapointing. Yeah maybe I can ask TD but I fkn hate going thru banks
Yeah WS doesn’t, I haven’t tried quest, maybe IBKR?