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
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.
I opened an IBKR account and was going to play on puts. Glad my mind said not today. It would have ruined me 😭
> IBKR offers rebates for adding liquidity to index pools with wide spreads I wasn't aware of that but that opens up some possibilities. You wouldn't happen to be selling 0DTE credit spreads, would you? I don't typically, but I know institutional hedging pumps prices in the morning and the mechanics of that rebate would reduce friction.
> For instance, I bought a share for 200. So whats the difference if the share, lets say, rises to 300 tomorrow then I sell, versus the price in 10 years, which also lets say 300, then I sell? Especially when the price literally changes every second? (I use IBKR by the way, if that affects anything) pretty huge difference. 200 to 300 over 10 years is around 4% annual return per year. so pretty ass. while 200 to 300 in a day would be a 50% return in a day. people would kill for 10% returns annually
Thanks for the comment. Of course, I plan to move the data extraction from YFinance to IBKR or other brokers that allow it. That would be my next step.
Sorry no expert - what does that mean? No supply of shares available, price must go up now? I am just playing options here in IBKR
ok i opened an IBKR account, how do i buy after hours SPX options??? this shit wants to place a day order
How do you see volume overnight on IBKR? Are you on Desktop?
and IBKR still won't give me trading permissions fml ... though maybe it's for the best lmao
I saw NTM P/E 3.x in couple of apps, one of them is IBKR, other one Qualtrim. However, I do see 6.x in some other places. However, I doubt something will fundamentally change about memory demand and Micron results in the next 12-24 months. Market is simply scared right now, and it's always "sell first, ask questions later".
Why is my IBKR updating reeee
for weekend gaps like this you've got a few options. futures on TD or IBKR work but theyre closed sat/sun. markets.xyz lets you trade oil perps 24/7 so you could've caught that surge saturday. or just wait for the morning dip and keep DCAing VOO.
VCX now showing shares available to short on IBKR.
Webull will not get you good fills. If you want the best fills, IBKR Pro, Fidelity, Schwab, in that order. After that, you are getting eaten alive by the market makers.
I agree all the Fidelity apps need a rehaul. The mobile app in comparison to IBKR or Robinhood is laughable for such a big broker. I am a net seller too and IBKR offers rebates for adding liquidity to index pools with wide spreads like you mention, as long as you trade significant volume. I make money not only trading, but also as a liquidity provider on SPX. Not a ton, but at least 3-4k in rebates a year from that. Things like that are what I mean when I say “options orients broker”. In terms of “punching down”, I agree. Bad morning for me. I do get frustrated sometimes here. I try to spread what I’ve learned over the years but sometimes it’s like wading through a swamp of misinformation. This guy did nothing wrong, but I came from like 3 posts of people selling classs or posting half an institutional spread that popped up on unusual whales and using it as the basis for their long. Just stuff like that grinds my gears lol
The most simple approach is to look at delta drift. Example for a atm straddle - If I over simplify - the moment our delta > 0.64 our options start becoming a synthetic future. Mostly after .85 drift, it is not an option but behave like a directional future and greeks don't influence then. I have over simplified and generalized and goal was not to be 100% accurate. IBKR api has Greeks websocket.
> Anyone who trades options on an institutional level would never use retail fidelity. The guy you were replying to said that Fidelity is options oriented because one can trade 7am-5pm, which is more than many retail brokers. They never claimed to be operating at an institutional level. I am on Fidelity and am generally happy with the fills but their websites & apps are all buggy. I'm in the USA and have taxable accounts in most popular brokerages, but for execution reasons I think only IBKR, Fidelity and Schwab are viable. I don't know what kind of contracts you deal in, but I am often selling contracts where there are ridiculous spreads, so the fills make or break my PnL. > Do you even trade options at this level on Fidelity or are you just talking out of your ass because an additional couple hours of trading access sounds nice? Punching down is not a good look
IBKR has Portfolio Greeks, but I usually keep a watchlist there with my spreads so i can see total delta and theta at any given time.
Yeah, that is an advantage. Kazakhstan exchange is stonewalled even in IBKR.
IBKR will let you trade global hours for CBOE products which have them.
IBKR was out of USO shares to short on thursday. They told me they had some on friday so I went short again. When this happens you usually seem some sparks fly, either squeezey or crashy
On IBKR I usually do it as a combo so you get one fill and defined risk/margin right away. I only leg in/out separately when spreads are wide or I want to adjust one side without moving the other.
Not on IBKR. I’m on Schwab. But One combined position. What would be the benefit of doing it separate ? If you do it combined, you can always exit it separately. Entering it separate has a massive risk of only one side of the order getting filled.
No. Retail brokers (Schwab, IBKR, Robinhood, etc.) don't allow taking delivery.
Fair enough, if I didn't have fractional shares enabled, then that would be a very different case. It's surprising though that there are still brokers that don't offer fractional shares on US equities. I have IBKR and Ally Invest, though the latter just acts as an augmented savings account for my Ally account (all in SGOV). Interactive Brokers offers fractional shares. Ally doesn't, so for Ally I specifically do have DRIP on to maximize my SGOV holdings.
IBKR best for true custom combos (stock + options). ToS supports it but more limited. Fidelity/E\*Trade mostly predefined setups only.
Does IBKR fill SPX options at the ask sometimes?
If you’re up 15x in 1 year on your IBKR accounts And now you’re up like 30% instead You’re an asshole
Apparently there's an IBKR class action settlement, for anyone interested.
Yerp. I’m long Google in a few ways. Got two calls and 200 shares, but also have a bunch of short calls I sold against it to reduce my cost basis further but grim day for Google. I have a bunch of puts for RUT, XSP, and am short 1 MES atm. Got my SPX delta down to neutral over the last 3 weeks and am now short by about 7 points but I don’t trust IBKR’s SPX delta calc fully haha Good luck mate. Hope google bounces and its not just calls you have as I worry they will be hard to remain ITM.
I just don't understand people that don't use IBKR
$1 fixed when I buy. $0 widthdrawals. IBKR
IBKR is probably the most flexible, but it's not always clear when the multi leg order is natively supported by exchanges versus "IBKR magic" Others like Thinkorswim support a limited variety of stock + option orders (I think it's either a covered or a conversion/collar) Sometimes you can achieve the most important part of the structure using the limited built-in spreads and then leg into the remainder with reasonable risk overall. Ie, a platform you like doesn't need to support every combination of legs in a single order (in fact, they likely won't; exchanges routinely support 16 leg orders where brokers routinely support 4)
Most brokers separate stock and option fills to reduce risk. IBKR’s algo combos may help, but expecting unified leg+share fills isn’t realistic for retail traders.
Not having real time market data on IBKR is the prime indicator that you belong here. Truly regarded.
Question for you. Have you used it long term? I used it years ago when it was still TD. Long story short I ended up with IBKR and I am not having a good time and thoroughly annoyed with their layout and UI. Like the pro, but everyone else is using PFOF so it doesn't really matter. TLDR, is TOS still good after the schwab switch?
IBKR will not go below 65.... or any limit order I place. \>*patience*<
Fidelity and IBKR are premium brokerage platforms that simply get faster execution, which always means better execution. They have poured a ton of money into their back end connections to brokers and exchanges to snap the best bids and asks before anybody else does. Robinhood is literally the spirit airlines of brokerage platforms. Cheap af up front but it fucks you on the back end. It's intentionally slow so that RH can aggregate orders across the platform and execute larger pooled orders for preferential fee structures through the b and c-tier brokers. They intentionally route orders through broker dealers who are frankly shittier, kind of like how spirit is always in the furthest, most ratchet end of the worst terminal at any airport. RH makes money on your trade on spreads and commission kickbacks for doing business with the bargain bin on your behalf. Something they do not openly disclose. Robinhood makes money through a conflict of interest. They aren't executing in your best interest, they are executing mostly in your interest but will always pick a deal that increases their share of the rake first, even if it's at your expense. Nothing is free in this world. You're paying for it whether you realize it or not.
Ive only reliably been able to do stock + options as one ticket on IBKR (their combo orders). TOS can stage it but it still feels like two legs sometimes, and Fidelity basically makes you do it separately.
International brokerages such as IBKR, but from what I've heard, at least the publicly traded Chinese stocks do not do that well in the general sense. [https://www.ft.com/content/b43184b1-5b14-4be7-9801-975089aec690](https://www.ft.com/content/b43184b1-5b14-4be7-9801-975089aec690) I think the government is wary of the public investing in stocks due to its speculative tendencies. Chinese stocks listed on U.S. exchanges are probably already the better ones out there.
I am not sure if fees are different based on exchange. I am using IBKR.
Can confirm from KZ, IBKR is a lifesaver for people from countries most of you don't know. Great Success!
Its well known that they front-run you, I once compared their fills to IBKR (same exact optiony) and it was a night and day difference.
Is IBKR the bloomberg terminal for broke WSB regards basically?
I was able to locate on IBKR but I heard people are having issues. Fintel is reporting 0 shares borrowable for two days now. I have heard that clearpoint securities and lightspeed may have more short shares available.
Keep adding, HOOD is good long term Only boomers use IBKR, Fidelity and Vanguard
That’s questrade, so you are a Canadian and you got milked on exchange rate and commissions too. I don’t know why you retards use questrade instead of IBKR. Questrade has instant deposit and retards use it just for that. Use IBKR and you save a lot over time.
Trading Restricted Margin concern/risk management: For risk management purposes, this product is in closing-only status. You may close existing positions but not open new ones. IBKR being sassy on this one
Anyone able to short VCX? Heard maybe on IBKR. Might try to open an account really quick lol.
!!!! IBKR has no more USO available to short.
If you want simple, tasty fills and decent chain tools, thinkorswim is hard to beat. IBKR is great on fees/margin and order types but the UI feels like a cockpit, and Robinhood is fine for basics but the fills/data aren't on the same level.
Fees are no joke. I left tasty trade with $1M in November last year, I had paid over $100k of commissions and APEX fees, I asked for a reduction and got a minimum reduction in the commissions but nothing on APEX contract fees. I went to RH because the fees are the lowest other than Public. I did try IBKR briefly but they are even higher than Tasty so that’s a no go.