IBKR
Interactive Brokers Group Inc
Mentions (24Hr)
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Reddit Posts
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
March so far has destroyed February and even a third of January, while 50% of March has still to come ;) Here from Sep 2025 (no leverage used): |E/Aug25|MoM|Cumulative from E/Aug25| |:-|:-|:-| |E/Sep25|\+2.1%|\+2.1%| |E/Oct25|\+1.9%|\+4.0%| |E/Nov25|\-0.5%|\+3.5%| |E/Dec25|\+2.6%|\+6.2%| |E/Jan26|\+2.0%|\+8.4%| |E/Feb26|\+0.7%|\+9.1%| |E/Mar26 (so far)|\-1.3%|\+7.7%| The involved USD and EUR positions have been converted to my home currency CHF (Swiss Francs). In USD or EUR the percentages would look slightly better. Swiss banks currently pay 0.0% interests, while IBKR *charges* interests on uninvested Swiss Francs above 100k CHF. So I'm not complaining there ;)
I considered switching from IBKR and signed up for an account, but never funded it. I will say, after i signed up - they were very aggressive in trying to get me to fund it via email, text and phone. I threatened to never use their platform if they contacted me again. From what I remember, trading fee's were relatively comparable, margin was more expensive, but level 2 was complimentary. I don't think it makes sense to go backwards from a professional broker liker IBKR, but it could be upgrade from a broker like questrade or wealthsimple or the bank brokerages here in Canada.
Volatility on ORCL 0DTE is insane right now. That dip just triggere IBKR to liquidate me at a $10K loss. Holy fuck. I still have 4 contracts left, lol
Siebert Pro for most of my options trading. The chain is clean on mobile, which matters when I'm not at a desk, and the execution on multi-leg has been solid. It's not the flashiest UI, but it gets the job done. tastytrade is the obvious answer for a lot of people here, and I understand why – the options-first design is evident. IBKR if you want maximum control and don't mind the learning curve. It depends on what you optimize for. For speed and simplicity on mobile, Siebert Pro works for me. For pure options analytics, tastytrade. For full customization, IBKR.
Check if theres option to check like ”allow extended-hours trading” or something. I don’t use IBKR so can’t help more but try if u can find something like that
Anybody wanna fill me in on if we're gonna be able to buy eonr overnight with IBKR? Order won't go thru no matter the price I put 😵💫 I don't understand. It'll send a fucking order 7 cents over my limit price overnight for a stock that wasn't worth it but god forbid the fucker is over the SEC's price rules.
I haven’t seen a problem. I have IBKR but they charge me $1 per contract. MooMoo is like $.07 with required fees. It doesn’t make sense to buy contracts for <$5.00 stock price companies on IBKR like I do
No? I have a list of stocks I pick from. Ford, IBKR, META, NFLX, OKLO -> to name a couple in no particular order
Anyone use IBKR? when do expired options clear?
IBKR made me fill out an 'ethical investing alignment chart' back when I signed up, and it still pretends I follow it.
Currently some of them are: RBRK MAR 13 '26 64 CC NXT MAR 20 '26 90 P NFLX MAR 27 '26 92 CC NEM MAR 27 '26 115 P MTDR APR 17 '26 52.5 P KGC APR 10 '26 29P IBKR MAR 13 '26 72P DDOG MAR 13 '26 124 Call DAL MAR 27 '26 60 P B MAR 13 '26 44 P
I am using IBKR, so I am paying 1$ per trade approximately
Hope it’s ok to ask this here: I’ve been investing in stocks for the last 15 years. Looking to allocate around 10k(eur) to get my feet wet with options. I understand the way options work: put vs call, greeks, IV, strategies, etc. I’m really interested in the way options work, not looking for lotto plays or anything. Just a more active part of my portfolio to trade within. I’ve got a finance degree (banking) so not new with the entire derivates products, stocks, etc. However, I feel overwhelmed with resources/courses/masterclasses/books etc. Currently I have been watching tastylive to see some of the folks make trades. But I am noticing this is too complex for me, they go way too fast or I genuinely don’t see the potential of their trade. I tried paper trading, but figured out quickly that doesn’t work well with fill prices being unrealistic. I’m from Europe and looking to trade within the US Market. I’m familiar with the tastytrade platform as well as IBKR - both would work I suppose. Is there anyone here that can point me to the absolute must-things I need to read/watch/learn? Again I understand the theory, but watching real trades being made, I notice I’m too much of a rookie still… or should I just start with real money and learn as I go? A bit lost here, I checked the wiki but there’s just so much info
oh wow...IBKR ForecastTrader showing 82% odds 🫏 win the House
The Swedish index OMXS30 has good liquidity and is tradable in IBKR. The stock options have OK liquidity, but their low nominal values make commissions too large in comparison.
The "no commissions or account fees" is mostly a gimmick; in the no fee brokerages you get put in the payment for order flow bucket and will receive worse fill prices because of it. Most reputable brokerages charge you 65 cents or less per contract. I have never seen any analysis that shows which one is better, but it's bound to be peanuts either way. The 8.5% yield on the ad is only for a brief period of time (3 months?), after you would get the market rate, so again bound to be peanuts. The real downside of this platform (and Robinhood) is that they are designed to treat investing like gambling. Their main goal is for you to trade often and a lot, which almost always will be to your detriment. They are embedding crypto and betting contracts in their platform as if they were the same thing as investing. I would rather stick to the Schwab / Fidelity / IBKR ~~disgusting~~ platforms. They are not optimize for day trading or gambling, but they will do just fine if you are a serious investor.
They're not binary options in the traditional sense, they're CFTC-regulated derivatives traded on actual exchanges (ForecastEx, Kalshi, CME Group). Big difference from the offshore binary options that got banned. The three exchanges worth knowing: ForecastEx ($1 payout, \~$0.01 fee per contract, available at IBKR), Kalshi ($1 payout, $0.02 total fees, available at Robinhood and Webull), and CME Group ($100 payout, $0.25-0.40 fees, available at IBKR and NinjaTrader). Liquidity varies a lot by market. ES contracts are liquid, some of the niche political stuff less so. One thing people miss: IBKR actually pays 3.8% interest on capital locked up in positions, which matters if you're holding longer-dated contracts like Fed rate bets.
Public claims to be transparent but their website clearly states, "Every options platform makes money from your trades. That’s because of payment for order flow (PFOF), where market makers pay brokerages to route orders to them. It’s a standard, required part of how options trading works." - that's a lie IBKR Pro does not accept any payment for order flow and shares their exchange rebates.(That's better than Public who keeps those exchange rebates but shares the PFOF they accept.) Vanguard also does not accept PFOF under any circumstances, but it is objectively the worst platform in existence for trading options. Their platform also isn't robust enough for sophisticated traders.
IBKR is the only app for professional retards.
Yooo I started used IBKR and they have global trading hours for SPX, it's SO FUCKING AMAZING to have access to positions overnight. Holy shit game changer. Global trading hours for the win.
I have no idea why I’m getting downvoted I just wanted to clarify I lied on the net income on the IBKR application for options trading, like they didn’t verify my “100k income” at all and I even listed my Domino’s Delivery position
IBKR limited gamestop trading due to market integrity not their own liquidity issues like Robinhood, please do your research before responding
Okay Anyway you can use IBKR for options and futures On IBKR you can also buy SPX calls/puts almost 24h in trading week
Because any broker with that many retail would have those issues. IBKR is literally the gold standard for global retail traders. They were very close to facing the same issue. E*Trade had the issue too.
IBKR SPX puts/calls 24hours
If they manage to sustain that revenue growth then you will be fine. I was comparing them to IBKR and the revenue expected up to 2028 is kind of simillar yet there's a considerable gap between these 2 in market cap, so technically there's plenty of room for this stock.
> The brokerage does not care lmao. You do know what a debt collector is right? The brokerage just sells your debt to them, and they take you to court I can guarantee you brokerages do not want you to lose the money they loaned, then sell the debt for pennies on the dollar to debt collectors. There's a reason margin calls and liquidation exist, so they can prevent it ending up as a loss for them. IBKR will let you have very high leverage, but will also liquidate aggressively if you go below their maintenance requirements. Not sure how RH compares.
Lots of options available on IBKR, real poor metrics on there. Nothing to say why this company is better than any other graphene manufacturer Poor try
Disagree, they pull in news from all sources. There's no chance you'll miss a single piece of news of a stock. If it gets cluttered you can filter on news type to find what you need. I'm gonna be honest most brokerages don't even have a good news page like IBKR, I doubt you'll be able to do it better. Comes with a ton of API integrations and algorithmic filtering. Portfolio tracking works fine, there are some quirks with it like deposits counting as profit made but every broker app I've used does that. You absolutely want a UI to be complex, that's the whole point of a professional broker app. If you want something simple go to Robin Hood. And their web interface really isn't that complex in the first place.
i use IBKR actually. it lacks good news, price alerts, portfolio tracking. Also UI is so complex and non intuitive.
Depends on the broker. A lot suck but if you have a professional broker app like IBKR you pretty much never need anything else.
I've played around with it a bit, it's got live market data **including options**. I have it connected to a really small IBKR account. There is no 'paper trading' mode; it doesn't make trades, it's basically an LLM with live market data bolted onto it.
WTF is SPXW? What is the alternative to this in the IBKR app? I cannot find this shit
(UGRO) now has only a few thousand shares left to borrow for shorts on IBKR. 700K float is getting locked. Tons of potential here
I've been restricted to closing positions only on RH.... Contacted support and they admitted it was an error but wouldn't remove the restriction lmao. Here we come IBKR
IBKR and Plus500 is pretty good.
Ohni Scheiss, gahn uf IBKR, trade Futures. Isch hundert tuusig mal besser als CFDs. IBKR macht s Läbe au vill eifacher bezüglich Stüüre (falls das überhaupt in Betracht ziehsch lmao).
Never experienced in 5+ years on IBKR
Fr, lowkey I lied But I guess fake it til you make it I am now comfortably in the income range now though IBKR is so much better for options than fidelity its not even close, I still check option prices through IBKR
Wealthsimple for naked and IBKR for spreads
How tf did you get options access with an 8k IBKR account? That's the real mystery, they are strict af.
https://preview.redd.it/dgrfnysea4og1.jpeg?width=1290&format=pjpg&auto=webp&s=03dd9869a04484491ce2dce28599e5675f1f66b8 Option trading on IBKR before I moved accounts to prevent gambling it all away
Made it from options on my IBKR account with 8k that came from working overtime hours at Domino’s over the Summer I am comfortable outside of this, even if I lost all of my money in this account tomorrow it would just mostly affect my spending habits on energy drinks and food. https://preview.redd.it/vzu0qpt694og1.jpeg?width=1290&format=pjpg&auto=webp&s=cd2bce59c0f7258dff25bc623e8853b69b5d6a25
Holding ITM option pair of SPX - width 10. What will happen? Tried to exercise the long leg, but app (IBKR) gave error that it can only be cash settled at expiry. Does it mean, tomorrow, I'm going to just see $1000 (width of 10 x 100) loss on account? Or something much worse? Very worried.. because SPX is ~6790 now. That multiplied by 100 will be enormous amount
Lmao getting called out okay… Its a diagonal spread but I already knew that. The right is the value of each contract, but not their total position, they own more contracts, the screenshot is just a sub menu. In my defense I’ve never used IBKR on mobile, only on desktop, though I’m not sure that’s much of a defense lol
IBKR is gay af for stopping you from trading after 3 day trades
You can buy SPX calls or puts on IBKR whole PM, AH, overnight
Make sure you "Cancel all open orders", before logging off every time. Then, print to pdf your open orders and your trades log at the end of every session. If you still experience this type of execution, and it isn't your options getting exercised (if you're a seller), then just pay a lawyer to mail IBKR a demand letter with the foregoing evidence. They respond and fix issues pretty damn fast when it's done that way...
Yea keep letting your ass brokerage make you think that. It fills for $23.80 on IBKR right now, which is the real overnight trading price. Anyone else who got limited to the bullshit 18.88 buy should consider swapping brokerages because they're out to fuck you with their hedge fund buddies.
I opened an account with IBKR UK cuz it's the only broker in the UK that allows to trade American ETFs (I want to trade USO atm) \> open cash account \> put 10k in \> apply for level 2 options (basic fucking calls and puts) \> go through their shitty quizzes \> choose 100k net and liquid worth (not worth 100k but this broker is all sorts of stupid) \> customer service guy goes I'm not eligible cuz I didn't meet their requirements \> ask him how fucking rich he expects me to be for basic options? \> doesn't know \> call him retarded \> tried to withdraw my money back to bank and close account \> can't withdraw until 3 more days \> fml all this just for calls and puts [https://i.makeagif.com/media/2-14-2016/la9CkC.gif](https://i.makeagif.com/media/2-14-2016/la9CkC.gif)
Hmm, does it seem like too late for any of these? I want to find out where I can research a bit more, but also hearing mixed things about IBKR and such. Also in a similar boat, new to trading and playing around with the same amount haha.
I hope with this we get a decent amount of margin calls against the leveraged Bitcoin people. I thibk margin calls of Bitcoin and equties have been dragging the market down to some extent. Will be interesting to see IBKR's margin balances over the next few months.
Why does IBKR show almost no volume for CL/WTI options?
I use TT because, to my knowledge, they are the only service that will allow me to write naked calls in an IRA. I find their UI on mobile easy enough, and have used TOS & IBKR in the past and don’t see a huge usability advantage to any.
Curious, for Fidelity I know there are two apps. Were you using the Investments app? I actually like the options interface more than Robinhood. Havent used IBKR or TOS mentioned here though
He told you everything except how often TOS crashes… IBKR’s Trader WorkStation is very stable…
That is exactly how I trade on thinkorswim mobile daily. IBKR mobile is *slightly* slower because the login step takes a second longer and getting to the options chain takes a couple extra taps. Plus the not being centered on ATM is an issue with big chains, like on indexes. TOS mobile is easier to quickly close a trade IMO. Tap the position. Tap the big Close button. Submit. With IBKR mobile, you can't do that. The fastest way is actually to go to the Transactions tab, tap your open trade transaction, then close. That is a PITA if you had multiple trades that day, especially if the one you want to close isn't the most recent. I mean, it isn't marriage. Open both accounts and try their apps. But for your use case, I'd go with TOS mobile.
Agree IBKR's web and phone apps kinda suck. I use trader workstation.
IBKR has a hell of a learning curve but when you get the hang of it it's just about the most powerful brokerage there is.
That is tough. A couple people said IBKR but that's a broker, not a platform. IBKR has multiple platforms, with strengths and weaknesses. I use Schwab for my IRA, but I also use IBKR for trading. It all depends on what you like: web, mobile, or desktop. What do you like to see in your options chain? For me, Thinkorswim ( "TOS", now owned by Schwab), both desktop and mobile, had the best options chain experience. IBKR mobile options chain is frustrating. All the columns are there, and I think conditional order entry is way easier than TOS, but the colors are way too subtle to see ITM/OTM, and when you pick number of options to see, it isn't centered around ATM. That's weird. IBKR web feels clunky. IBKR desktop is very powerful, but I frankly haven't used it a lot. They actually have two distinct desktop apps, and I have only opened the dumbed down one once, so I don't even know how it is with options.
IBKR. I like to trade PMCC / diagonals in my IRA. Robinhood won't let me sell the short calls against my long LEAPS. IBKR does. The platform lacks the aesthetic of newer platforms, but it's a very practical platform. When buying or selling options I like to walk my bids and asks by a few cents at a time and often get filled near the mid. Very easy to adjust bid ask compared to other platforms. One of the problems with the trading platform is there are too many options, it's overwhelming at first to get it set up the way you want. Lastly, IBKR will let me buy a wide range of international stocks. I like to buy mining stocks on the TSX and occasional oddball stocks from here or there.
fidelity is solid for long-term investing but their active trader platform is clunky compared to IBKR or even schwab. the zero expense ratio index funds (FZROX, FZILX) are genuinely hard to beat. no other broker offers that. their cash management account is underrated too, basically a checking account with ATM fee reimbursement and automatic sweep into money market. where they fall short is options trading (the interface is painful) and real-time data (you need to pay for nasdaq level 2 separately). if you are mostly buying and holding index funds with occasional individual stock picks, fidelity is probably the best overall platform. if you are actively trading, IBKR wins on execution quality and commissions.
Sorry, but, how do you can trade options during Sunday night session on IBKR? Tks
Pretty sure IBKR does as well / discount or free data feeds / and other benefits if you also do stock lending
Wrong on many occasions. IBKR and Degiro are just two platforms which make trading easy for the average retail trader and there is no need for a broker. Secondly, taxes vary significantly from country to country. Belgium, Switzerland and Luxembourg barely have any, Poland has 19% CGT, Germany 25%, France 30%. While relatively high, not close to 50% in most countries. Thirdly, withdrawing is easy as fuck. You just link your bank account and nowadays, both depositing and withdrawing are almost instantaneous. These are not the reasons why Europeans don't invest. They don't invest because of a lack of awareness, lack of any risk appetite and reliance on pensions, which is a ticking time bomb and most won't get anything from it anyway despite contributing 10% of their lifetime income to it.
IBKR Don’t know why you don’t want to pay commissions for literally better fills. You’d save more money even paying commissions and you can choose FIFO and LIFO in your tax lots
I don’t understand - why can’t US person trade and buy Sp500 from overseas? I assuming you guys have US bank accounts etc and still file annually in the US. I do, and I use Schwab and IBKR etc? I do pay US federal taxes but not State (non resident for state)
I don’t understand - why can’t US person trade and buy Sp500 from overseas? I assuming you guys have US bank accounts etc and still file annually in the US. I do, and I use Schwab and IBKR etc? I do pay US federal taxes but not State (non resident for state)
I have struggled so hard to get any options permissions on IBKR. Don't know what I'm doing wrong (plenty of money) and of course they don't tell you 🙃
I called the IBKR service to bitch to them and discovered there's a $30 fee to place and order online. Thats fuckin wild
Hello everyone! Recently I turned 23 and I have decided that it is time to get myself into investing (could have earlier but I would say it is still early) as having money sitting on the bank that I do not use and inflation grows is not ideal. I have opened an account with IBKR and I live in Europe (and will also be travelling to a different country from where I currently live but still in Europe) and thus I do not have direct access to ETFs such as SP500 etc etc I will be investing around 3-4k for a start, and as much money as I can monthly, but at the start of the next year I will get access to around 12-15k more which will also be invested into my portfolio. I did a little bit of research and I have decided that I prefer not go with a single global broad market ETF as I would like to have a bit more control where I invest my money as the months/years come by. And thus by going through ETFs, different posts and videos collecting information I have decided to go with one of these portofolios: **Portfolio 1:** **Value: IWVL (VTV) | Dividend: VHYL (VYM) | Growth IWQU (US: QUAL) - CNDX (US: QQQ)** Portfolio 2 Value: IEVL (US: EFV) and ZPRV (US: VBR) | Dividend: FUSD (US: SCHD) | Growth: CNDX (US: QQQ) As I am not that experienced yet, I will be looking into your feedback and insights!
that screenshot is IBKR surpisingly - very strict on their options permissions.
IBKR is so geehyy for their PDT rules. It blocks you from making a 4th trade no matter what, and doesn’t let you request a reset. So…guess I actually have to wait till day trades roll off. Kinda a shitty customer experience and support process. Can’t be worse than robinhood but still…not great. They also make you pay for just about every slice of data you could get. And commissions on contracts.
Check IBKR trade orders on browser. I don't know what it's written like this i checked it as well
Was the cash balance for either account negative? You're not supplying enough information. Maybe the cash level was $0 in Account #2, but then Account #2 got charged IBKR's fees for market information, and thus went negative -- and since the leap call is not marginable you got margin called. Just a wild guess.
I use midpoint + 3 ticks. I get super fast fills nearly every time. If it doesn't fill very quickly, I switch the order with a button to an ask + 1 tick order. If you really want to get into a fast mover, use a marketable limit order, which is basically ask + 1 tick or bid - 1 tick (if shorting). Also, the broker most definitely matters. I use IBKR. They are known for fast fills. I've had most of the other brokers and there is no comparison.
Its traded on the TSXV - Toronto stock exchange venture But if youre in the US, you can buy it OTC, under the ticker CTRNF Itd be available on Interactive Brokers (IBKR) and Fidelity. Interactive brokers doesn't have a fee, Fidelity does!
Tastytrade is best- cheapest fees, easy app and fills. Make sure you **open cash account**. Then, IBKR - make sure you send USD or Alpaca Markets (I am building my own app as they only offer APIs for developers) I day trade options on ETFs once a day, maybe 3 times a week and started againg with $300, regrowing it to $60,000
You need Fidelity options chains up side-by-side to get accurate fills for IBKR.
ETFs arent supported by Robinhood in the UK. IBKR does them, with a UK-based account. Tastytrade does them with a US-based account opened from the UK. IG Index used to do them with a port through to Tasty but they withdrew that last October, you can still do spreadbets or CFDs though. Out of the two main contenders, IBKR is UK-based with FSCS protection but is notoriously difficult to get approved for more complicated options strategies. Tastytrade is easier to get approved but is US-based so no protection for your deposits.
IBKR - but you want SPX (or XSP if SPX is too large). Never options on SPY, unless you like unnecessary risk.
User friendly apps “beginner traders” - Robinhood - WeBull More advanced - Fidelity - Etrade - Think or Swim - IBKR Make sure whatever you do to start slow and make sure you learn from the RIGHT PEOPLE The worst thing I see is traders join my group and they Spent 2 years learning the WRONG way, just clicking buttons randomly which is essentially gambling (copying others blindly) If you need help with anything in the future, feel free to reach out and send me a message anytime
Best to trade SPX in UK (not SPY); and use IBKR.
Woke up today to find my META $750 Jan 21'28 leap liquidated by IBKR. I have 2 non-reg accounts on IBKR: Account #1 holding only shares worth 110k and the Account #2 with just this META leap and no cash (my intention for this second account was to make it easier to isolate and visualize my performance with leaps). My understanding from IBKR's msg on why this happened was because I did not have sufficient cash in Account #2 to meet margin requirements. What I'm confused about is why was I liquidated on a leap that still had 2 years till expiration, plus, would eventually expire worthless..? Unless they assume I might exercise the leap? Even so, I would need sufficient capital to purchase the shares. Could someone educate me on what I'm missing here? Many thanks
Fucking IBKR trying to short USO but no locates aaaa
This is just my own local brokerage's website. It's not actually all that intuitive; it's quite old-fashioned. I'd swap to IBKR if I could for more foreign equity exposure, but this brokerage gives me really, *really* generous margin. And during tax time, they file every position as a long-term holds. That works really well for my taxes.
Why not just buy ETFs instead of mutual funds? Since you're a US citizen, buy US domiciled ones. You could open an Interactive Brokers account using your Social Security Number and invest in ETFs like VOO, VTI, VXUS, etc... It’s cleaner, tax-compliant, and will save you hundreds of hours in spreadsheets. You might also be able to open a ROTH IRA using IBKR depending on where you reside.
Check out Schwab international, specifically geared towards US citizens abroad. IBKR might also be an option.
So HOOD pumps 8% while the superior IBKR trades flat Very cool thanks
For those using IBKR, how do you like it compared to other brokers and what made you choose ibkr?
IBKR. Their interface is hit or miss, and their customer service is only decent, but they have access to damn near everything.
Rackspace ($RXT) is now up over 400% in the past month, and it just broke 52-week highs around $2.73 before pulling back slightly. The interesting part isn’t just the price move, it’s the setup behind it. Short borrow has been extremely tight with 0 shares available to short on IBKR at points and borrow rates previously near ~90%. That means shorts are paying a lot to stay in the trade, and if the price keeps pushing higher they may be forced to cover. The key level right now is roughly $2.70–$2.80. If the stock reclaims and holds above that range, it moves into price discovery with very little technical resistance until the $3+ area, which is where squeezes often accelerate as both short covering and momentum traders pile in.
Use IBKR. Robinghood change their maintaince requirement everyday and specially when the stock is tanking. They are amateurs and stupid af. IBKR can change maintaince but not throughout the day and I’ve been using for years, maintenance stay the same .
SPY on Wealthsimple and SPX on IBKR
IBKR remembered our anniversary. Im touched