IBKR
Interactive Brokers Group Inc
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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
IBKR is the worst brokerage... maybe on par with Schwab. If anything negative happens, they immediately try to save every penny and find a way to screw you.
Yeah them leaving the country definitely would require cashing out before they left (unless using an international broker like IBKR?) but at that point I assumed I would have a better sense of whether I want to continue in the US long term and can take the earnings and start funding my IRA here
It's much easier to make $1000 every day with 200K in a portfolio then trying to make $1000 with a 5K account using 0DTE options. If you use stocks you put up a lot of capital but the risk is not the total amount. Most software like IBKR will calculate 'Value at Risk' VaR which is how much is actually at risk in worst case scenario for that day, based on volatility.
For research I have been sticking with Tradevision lately and it has made a big difference in how I find my plays. I execute through IBKR but I do all my heavy lifting on the analysis side with the tools Tradevision provides. It is very user friendly and provides a lot of clarity on things like volume and price action
that "consider adding" message at IBKR is advisory, not a hard stop -- they only auto-liquidate if you actually breach maintenance margin, not just because the buffer is thin. if you had enough cash to cover the put you probably didnt need to close it. the stress model warning just means youre close enough to the edge that one bad day could trigger real action. sizing down a bit (like 50-60% of capital in CSPs at most) usually makes those warnings go away without switching account types
You sure? I'm on IBKR and I can.
IBKR margin accounts calculate requirements differently even on CSPs. Your cash is there but their risk engine looks at portfolio margin utilization not just cash balance, so a CSP that eats 90%+ of your buying power triggers that warning automatically. It's not saying you can't afford it, it's saying one bad move and you're at maintenance. Switching to a cash account fixes the warnings but you lose the ability to sell spreads which imo is worse. I'd just keep the margin account and size smaller, like never have more than 50-60% of your capital tied up in CSPs at once.
IBKR calculates margin requirements differently than most brokers even on cash secured puts, they use portfolio margin or reg T margin models that can require more buying power than just the strike times 100. Switching to a cash account would solve this cleanly if you have no intention of using margin, you'd just need to make sure settlement times don't create issues if you're trading frequently. Worth calling IBKR directly before your next trade because their margin desk is actually pretty helpful and can explain exactly what triggered that specific warning.
I'm at IBKR too and did the same (although other direction, lol). You need to tick trade outside of RTH.
I opened an account with IBKR. The app is way too confusing and they want to charge commissions on everything I do including reinvesting dividends. I will be canceling.
Yeah, I was in the exact same boat, full-time job, checking positions twice a day, and constantly feeling blind on my overall Greeks. What helped me was splitting “how exposed am I?” from “what should I trade next?” Your broker (TOS or IBKR) has portfolio-level Greeks, but the dashboards are cluttered and slow. I’ve been using saena.ai. Just screenshot your positions and it gives you a clean breakdown in 30 seconds, plus their Options Lab shows HV Rank to help decide whether to sell or buy premium. It’s not for real-time Greeks, but perfect for that twice a day sanity check. I still use my broker for live trading and execution, but saena.ai fills the strategic gap nicely. I hope this helps!
Cash accounts can't sell options with IBKR
IBKR can always cancel your trade if they feel your putting them at risk because ultimately they are responsible as the counterparts, if you lose a million dollars and don't have it IBKR has to pay your counterparty. That said cash accounts also don't allow you to sell options. The simplest answer is to just call them and ask why. I've dealt with them on a few occasions and they were nothing but helpful.
This happens a lot at IBKR – “cash secured” on your end does not necessarily translate into “fully secured” on their risk model They will haircut your collateral + account for volatility, therefore your required margin can sometimes be higher than strike\*100, particularly for a volatile underlying. They will never do something randomly; however, they WILL liquidate your position if there’s little room in your margin . If you really don’t want this hassle, yes, opening a cash account will definitely solve your problem
Yes, you're right — futures can result in physical delivery. But IBKR and most retail brokers will almost always automatically close out the position before the First Notice Day, so physical delivery basically never happens for normal traders. They don't want to deal with arranging oil delivery, and they know you don't either.
Well I use IBKR so I know I would get it for a better price then you would, does it matter for 1 trade, probably not but cumulatively over time retail has had billions stolen from them. Why do you think Robinhood sells your data and orderflow? You are the product...
IBKR does not do physical delivery for retail. They close out the contracts automatically. This is fake AF.
Yeah it's IBKR's questionnaire to unlock leveraged ETFs
Has anyone here tested the IBKR newsfeed to the weekend trickle youd get here? 🤔
By default IBKR will cash settle this.
Thank you for providing the link. I knew Saxo [did it](https://www.home.saxo/en-gb/rates-and-conditions/futures/trading-conditions) but I didn't know for sure for IBKR since I don't use them. Now I do, so thanks.
Eh, there's enough regards out here who qualify for accredited investor status, and has such permissions on their IBKR account. The email is fake, because IBKR requires you to manually submit a Delivery Intent as they will otherwise liquidate, however if you are regarded enough to submit a Delivery Intent for one of the commodities they support (mostly precious metals like gold and silver), then yes, you'll be looking at gold.
IBKR baby it's like giving a shotgun to a toddler
It’s fake. IBKR doesn’t allow physical delivery. Takes a second to search
> Also the broker should show BP as you create the trade (Tasty , Tos do this, and I think IB Yes, IBKR too.
That's fake. IBKR does **not** allow retail clients to take physical delivery of commodities. Full stop.
This is most likely fake. IBKR doesn't allow physical delivery for CL.
Haven't IBKR banned retards from trading physically settled futures after negative oil price debacle ?
IBKR closes the position prior to expiry. Post is fake.
Did IBKR change their policies? I trade a ton of lumber futures and they used to not allow physical delivery, they would force liquidate any unclosed holdings on day of expiry.
OP didn't, it's funny but fake. IBKR does not allow physical delivery.
This is a high-stakes "oops," but it is solvable if you act aggressively starting **Monday morning**. Since today is Saturday and the markets/offices are closed, you have 48 hours to prep your "strike team." Here is the summary of the steps you need to take to clear this obligation by the **April 13th deadline**. ### 1. The "EFP" Hail Mary (Monday 6:00 AM CT) Your first and best option is to have **Interactive Brokers (IBKR)** fix this internally via an **Exchange for Physical (EFP)**. * **Action:** Call the IBKR Trade Desk immediately when they open. Do not talk to general support; ask for **Futures/Commodities Delivery**. * **The Script:** *"I have an accidental physical delivery obligation for 2,000 barrels of WTI (CLJ26) at Cushing Tank Farm 7. I need to execute an EFP or EFS to offset this position. Can IBKR facilitate a cash settlement with a commercial counterparty?"* * **Why this works:** IBKR technically "forbids" physical delivery for retail clients, so they are incentivized to help you make this go away (for a fee). ### 2. The "In-Tank Sale" (Monday 8:00 AM CT) If IBKR can't/won't facilitate the EFP, you must sell the oil to a physical marketer in Cushing. You aren't "moving" the oil; you are doing a **Book Transfer**. * **Action:** Contact commercial crude marketers who operate in Cushing. * **CP Energy (Cushing Desk):** Known for handling smaller-lot logistics in Oklahoma. * **Enterprise Products or Enbridge:** They likely operate the "Tank Farm 7" mentioned in your notice. * **The Script:** *"I have 2,000 barrels of WTI Light Sweet Crude staged at Tank Farm 7, Bay 14. I am looking for an immediate 'in-tank' purchase. I need to transfer the title by the April 13th 17:00 deadline."* * **Why this works:** These companies have the "EPA certifications" and "carrier licenses" the notice says you lack. They will buy your oil at a discount (maybe $2–$4 below market) and take over the obligation. ### 3. Financial Settlement Once you find a buyer (either through IBKR or a physical marketer): * **Documentation:** You will receive a **Transfer of Title** or a **Bill of Lading**. * **Confirmation:** You must send this document to Interactive Brokers immediately to prove the "collection" has been handled by a licensed carrier. ### Summary Checklist | Step | Contact | Goal | |---|---|---| | **Priority 1** | **IBKR Trade Desk** | Ask for an **EFP** (Exchange for Physical). | | **Priority 2** | **Cushing Marketers** | Sell the oil **"In-Tank"** at a discount. | | **Final Step** | **Compliance** | Provide IBKR with the **Transfer of Title** docs. | **Critical Warning:** Do **NOT** ignore the 17:00 CT deadline on Monday. If you don't have a confirmed buyer or transfer by then, you will be in "Default of Delivery," and the exchange (NYMEX) can levy fines that dwarf the value of the oil itself. **Would you like me to look up the direct phone numbers for the physical marketing desks in Cushing so you have them ready for Monday morning?**
I didn't know there is such possible options in IBKR 👀
When you click too many "I know what I'm doing" boxes at IBKR.
[Here](https://www.interactivebrokers.com/en/trading/futures-close-out.php) IBKR does not allow the making or taking delivery of certain futures contracts settled by physical delivery of the underlying commodity.
Probably fake. IBKR doesn't allow physical delivery except certain currency contracts. They would have closed the contract about 2 days before expiration.
Op, i thought IBKR dont allow this?
Google AI says......If a trader holding this position is unable to take physical delivery, they face serious financial and legal consequences as they are responsible for defaulting on their contract. \[1\] The notice shown is an official notification of a **physical delivery obligation** assigned after a long position in WTI Crude Oil Futures (CLJ26) was held through expiration. # What Happens if Delivery Fails? If the account holder does not arrange collection by the April 13, 2026 deadline, the following typically occurs: * **Legal & Exchange Penalties:** The exchange (NYMEX) considers this a default on a legal obligation. They may assign significant penalties and start formal proceedings against the account holder. * **Forced Liquidation:** The broker or clearinghouse may liquidate the position at the current market price to fulfill the obligation, often at the most unfavorable price possible. * **Secondary Costs:** Even if the commodity stays at the storage facility, the holder is billed for **storage fees**. If these bills go unpaid, the facility can sell the commodity to cover costs, returning only the remaining balance (if any) to the trader. * **Broker Liability:** Clearing members (like Interactive Brokers) are responsible for costs incurred when a customer fails to accept delivery. The broker will pass all these costs, including market price differences and documentation fees, directly to the customer. \[1, 2, 3, 4\] # Why This is Unusual for Retail Traders Most retail brokers, including Interactive Brokers, generally do not allow customers to make or take physical delivery of commodities like oil. Under standard policy, IBKR usually **automatically liquidates** such positions during a "close-out period" before expiration to prevent this exact situation. \[5, 6, 7\] The reddit post likely highlights a rare case where a trader bypassed these protections or held a specific type of account intended for physical delivery. \[2, 8\]
No, it’s not how it works. IBKR sends you a notice like 10 days before expiry with an assignment letter. This letter was sent to someone that has the means to be able to take physical delivery….
Fake post. IBKR doesn't allow physical delivery on any futures besides some precious metals, and will always close out positions before expiration. https://www.interactivebrokers.com/en/trading/futures-close-out.php
I read the T&C's when I opened my IBKR account, and they do indeed force closure of positions before physical delivery would be obligated. Pretty sure this is fake.
IBKR doesn't allow retail traders to take delivery on commodities the contract would have been automatically closed before the roll, funny post but unfortunately it's not real.
It's fake. IBKR does not allow physical delivery and closes positions in advance.
Literally all 4 of those are totally fucked. The past never included Claude since it didn’t exist. Now it does. Gotta throw the past out completely. NOW is still at like 55 trailing PE or whatever, while things like IBKR aren’t even half of that with way bigger moats. Saying it’s hard to imagine a world where ADBE isn’t a great investment is like someone in 2005 saying it’s hard to imagine Blockbuster not being one. Careful out there man.
Hello. I have no excperience in trading but have placed a lottery bet on 3 legs of GCZ26 gold futures options 15000/20000 December 2026 via CME / IBKR. It now show 12000 dollar in maintance margin. If Gold should be close to 20000 near end of November will my maintance margin the same or will it rise a lot. Rgds Terje
I know man, I'm trying. Go complain to your ~~congressman~~ IBKR support representative
where do you see it being 1%? IBKR shows it green YTD for me.
Switch to IBKR, T212 is only good for casual buy and forgot
I know, I hate it too, we have been pushing them to work on it since year, but the hold up is on IBKR's side
Bro, they don’t even support largest brokerage which is IBKR.
Reddit and market movers list. Then looking through it using IBKR, Simply Wall St, and Claude + Gemini.
The IBKR shows PnL, but its super clunky. And I hate the Ui. Plus it does not strip out the extrinsic value remaining in each position. I like to know what remains so I know if I should roll, or cash it in. So I got the Ai to make me a html file I can open in the browser, and it connects to the API of the broker via a python script file I dbl click on, and it opens and connects via windows terminal, and the html tool is connected. Updates all my positions, I can put rolled profit in there and continue a ongoing combo, and see exactly what it has generated, plus the extrinsic value remaining in everything. Literally took 10min to make
The IBKR platform doesn't already show you a PnL? Not sure I follow.
Nice stuff. how good is Ai these days. Today, with some spare time I built an API plug in to track my trades from the IBKR platform. Mainly so it can show me extrinsic remaining in each position. But it even fetches live prices and can give me a rough PnL when i am not connected, but updates when i connect it to live Greeks and PnL. What a world we live in now. Good stuff Sir
Ya you’re prob fucked, also if you’re swinging spx at least use IBKR
IBKR should buy Webull and modernize it’s platform and put its dinosaur platform to rest
The “better fills” are your share of the payment for order flow. IBKR doesn’t sell your order data
Dann registrier dich sofort bei IBKR, bin auch in der Schweiz und IBKR toppt alle Broker hier.
https://www.reddit.com/r/WEBULLSTOCK/s/P5qXV34k3e Saw the article on IBKR's news section
Feel the same about IBKR
DO NOT TRADE ON TOS WEB. It has bugs, isnt cleaned up and fixed and is wrong with greeks and everything. Custoner support should tell you that. use their main trading platform on the desktop, ThinkorSwim. Even with ThinkorSwim, it may be laggy. I would say for performance LightSpeed since those platform has less crap on it. IBKR might be alright as well, a lot of funds use that platform.
the real issue here is you're dealing with complex order routing that most retail platforms handle poorly. butterflies require all legs to fill simultaneously and exchanges prioritize simpler orders. some traders leg out manually but thats risky. tastytrade handles complex orders slightly better than TOS in my experience. for perps [markets.xyz](http://markets.xyz) avoids this entirely since theres no multi-leg routing, but thats a different instrument obviously. IBKR's smart routing is probably your best bet for options specifically.
Same. I laughed after I saw my IBKR order where I panic sold 100 for .20 yesterday lmaooo
Phenomenal patent. It reminds me of UAMY in the disruptive tech stakes. Where do you buy it? It's not on Trading212; I'll check Saxo, II, and IBKR in the morning.
I tried to buy this morning and Fidelity blocked me. Screw those scumbags I’m moving to IBKR
Tis me on my phone. I hate IBKR and wish I could slap tf out of myself right then. Hate IBKR for showing me ts 😭 https://preview.redd.it/71orr411qntg1.jpeg?width=1080&format=pjpg&auto=webp&s=730d7fe926dfb741b8cdaa9a17d859a203daeb30
TOS and Webull are really good. Webull has better 0dte fills with market orders for scalping, I get the price I see on the screen without slippage. TOS would randomly get me real bad on 0dte fills with market orders, more than 10-20% cut from the price. For anything else outside of 0dte and using limit orders, TOS is better. Both have one click buy and sell. Both also have stop loss and take profit targets that can be sent with the order, OCO bracket, and very easy to work with. Webull only has 1 that you can save and use, you have to adjust for different ones. With TOS, you can save multiple OCO presets and choose from a drop down. For scalping platforms, with Webull you can scalp on the mobile app and desktop. With TOS, you can only scalp with the desktop. Desktop speed, Webull is the fastest of every broker I’ve experienced and most reliable, hands down without question. Another one, TradeStation. You have to use the ladder (matrix) for one click with preset stop loss and etc. They have a lot more order types you can preset for trading on the ladder versus Webull and TOS. Fills are fast and pretty good, better than Webull overall but just a bit behind TOS. Option fees a little more for single legs but if you are active military, veteran, or first responder, they waive fees for trading. Reliable platform, and faster than Fidelity, IBKR, and E*Trade. Clunky and slow brokers for scalping: Fidelity and IBKR
I use IBKR for execution and piggyback on some of my insto tools like bbg and Morgan stanley's IRIS for backtesting (hugely valuable)
I’m stuck with robinhood because I need a US phone number to verify any other platform. I’ve been told I should switch to IBKR though. But one convenient thing with RH is I can buy btc with my local currency and send it to my RH wallet. Dunno if another platform that would let me do that.
Can confirm IBKR allows it, but I find that for futures options, you get much better fill if you separate them into two orders. I'm talking abt CL in particular
Tastyworks/Tastytrade and Interactive Brokers are two of the next big ones you might look into. IBKR has a bit of a learning curve for the advanced features but it's basically as good as it gets for letting retail traders get access to worldwide equities, commodities, and currencies all under one roof.
Yea I think it's a really cool product, but I get why people may be initially hesitant. I actually just tried to register for Verified Trader but it looks like it currently doesn't support IBKR? (which is the brokerage I'm currently using). Hopefully you can get them to expand / support IBKR, would love to try it out and share w the WSB community
I believe Tradestation allows OCO. I also think IBKR allows it too. What you do is set up two orders and one will cancel the other (OCO). I admit, I haven't done it in a while because I have time to track my trades now.
God IBKR is annoying to look at
dingdong brain, try it this Sunday and you'll see Note only a few brokers allow for Sunday evening trading though (IBKR is one of them and I think TTS + Thinkorswim)
How on earth did you get options perms from IBKR with a poorfolio of 15k?
Off topic. Can I please know how do I access the P&L trend chart on my IBKR mobile app?
IBKR never has good fills on spreads compared to other brokerages. They only have decent fills with 0dte but their platform for trading 0dte is pretty bad. I’ve found that trading spreads with good volume tickers with a wider bid/ask than 0dte, they will try to get your order filled for more than your limit. Example: I’m selling a credit spread on COIN for 1.25. If I buy the ask on the long leg with the spread, the order is being sent higher than 1.25 on the short leg for a higher credit. Will I receive that extra credit or will they pocket the difference when selling the short leg at 1.40 (price difference between the ask price of the long leg, and the price they’re trying to sell my short leg from the order data)? I don’t know because my orders never fill. I caught this by looking at the order data when placing spread orders with IBKR and wondering why they never fill. I haven’t used IBKR for spreads in a long time because of this, I never get filled most times and have thousands of cancelled orders. I’ve even tried hidden orders, direct orders, leg in, nothing helps.
I have no experience with them personally but if they do what you need, go for it. Personally I plan on going back to IBKR in the future once I start to create more tools for myself. At the moment, I don't really have enough capital to make it worthwhile, but I want to apply my strategy to multiple countries stock exchanges, alongside trading futures. At the moment I'm using Fidelity and it's a fairly ideal setup for me.
The balancing is a bit of a hassle but some brokers make it easier. M1Finance is probably the easiest to pull it off with. Fidelity's basket portfolio tool makes it work easily enough as well. If you know how to program, using a broker that allows you to code your own tools would work as well - IBKR for example. I've currently got 81 tickers in my portfolio but the management doesn't really take a lot of time. A few minutes to compare what you currently own along with anything that needs to be bought or sold, that's basically it.
My broker is IBKR and if I want to look at an option chart I do it right in IBKR.
What is going on, IBKR froze on SPX.
Apologies, didn't know, I'm in Switzerland and using VT (which does have options available in IBKR) and assumed it would be the same, but probably not due to domicile or UCITS or something. 😕
i dont have an option for VWCE options on IBKR. I was actually thinking of something similar. Like selling spy puts and if i get assigned sell them and buy WVCE. it is similar but not exact
Same same. I closed out the puts in my primary account for a good nights sleep like you. Buuuut then there is my IBKR account that is fully loaded… with puts. Godspeed
IBKR down a dollar in the last 5 minutes of play. Rude
IBKR gets tiddies fills on USO options
Want to start trading ETF. What to buy? Hi all. I am quite new to this trading stuff, but eager to learn. I have about 10.000 euro I would like to invest in ETFs, but don't know which ones to go for. I am not looking for rapid gains, but something that will surpass inflation on the long run. Also, don't want to go for US-only stocks, but something that has both US and EU, especially since the Ai boom made the S&P500 so much to be influenced by just a handful of tech companies. I have an etoro account and an IBKR account. Already have some individual stocks and some crypto, but no ETFs for now. Anyway, any advices on where to start? Thanks.
You cant make this shit up. IBKR margin liquidated my QQQ puts 2 minutes before the big dump
\> cant actually do options/shorts/longs cuz bro cant IBKR \> calls 85K ---> 100K \-> Has access to even purer retardium than 0DTE with Knock out CFDs \-> doesnt use em \> True europoor cuck
lol. Seriously though, for some reason, and if i am not mistaken, IBKR allows a far greater amount of margin. I guess it treats bying shares for hedging diffrently.
Futu or IBKR, keep in mind you need a HKD$10,000 deposit with either to start actual trading. Maybe just use your local bank as a broker to start with?
Gave Claude my IBKR statement/trades over the years and it basically said I'm regarded. "This portfolio is closest to the early Cathie Wood / ARK Invest model..It also has shades of Chamath Palihapitiya's SPAC-era portfolio" yikes
The crazy thing is that some news is literally suppressed. I look at the “News” section in IBKR and all wild claims from the US gets instant coverage, denial from Iran not so much. Even the Iran president news from yesterday gets twisted to fit a narrative.