Questions tagged [interactive-brokers]
73 questions
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5 answers
How do you automatically invest with Interactive Brokers?
I've been using Interactive Brokers for a while and would like to implement an automatic trade in a regular (say monthly) interval. Specifically, I would like to dollar-cost or value average a fixed amount.
How do I automate such a simple order on a…
Pink Flying Elephant
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5
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2 answers
Limit order not executed despite price going below my limit
Yesterday I placed a limit buy order for 3 shares of ITIC (NASDAQ) @ $122.05. About 5-10 minutes later, a trade went through - 100 shares @ $122.00, while my order was untouched. How is that possible? My broker is IB and I have market data…
Amati
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4
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2 answers
How to show currency of stock in Interactive Brokers
I am using Client Portal in Interactive Brokers. I can see the price for an instrument (stock or etf).
Where can I see the currency and prospectus/documents for the instruments?
Matt
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3
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3 answers
What is a "trade bust" and how does it happen?
On the Interactive Brokers Other Fees page:
Trade Busts/Adjustments
If an exchange or other market center charges Interactive Brokers a trade bust, trade cancel fee or trade adjust fee because of an order placed by an IBKR customer, or because of a…
Flux
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3
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1 answer
How is it possible for a trade to be executed by a broker but cleared by another broker?
The Interactive Brokers U.S. Microcap Stock Restrictions page says:
Execution-only clients (i.e., execute trades through IBKR, but clear those trades elsewhere) may not trade U.S. Microcap Stocks within their IBKR account. (IBKR may make exceptions…
Flux
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3
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1 answer
Help with understanding Interactive Broker fees, for first-time investor
Interactive Brokers says that clients with less than USD 2,000 in account balance are charged USD 20 (monthly) if they don’t generate a minimum of USD 20 in commissions (monthly).
It also says:
US Stock Fee contributes to USD 0.005 in commissions,…
mvr_of_mntns
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3
votes
1 answer
Using unsettled cash to buy securities on Interactive Brokers
From Interactive Broker's Availability of proceeds in a 'Cash' type account article:
Account holders who wish to have access to settled funds prior to the settlement day may do so by electing an account type of 'Margin'. Under this account type…
Paul Razvan Berg
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3
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1 answer
Ishares Portfolios for EU investor
I am 29 at the moment at looking to start investing as much as I can and build a long term portfolio (aiming at around 2000 USD/month). Since I am based in the EU, I have no access to US based ETF funds. Which means that I mostly have to do with…
Zahari
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2
votes
1 answer
IBKR keeps depositing dividends as "payment in lieu" despite not having a margin loan with them or being subscribed to their share lending program
I'm invested in a broad range of index funds that pay dividends once a quarter. Whenever they pay dividends, IBKR deposits over half of those dividends into my account as "payments in lieu" instead of straight up, ordinary/qualified dividends.
I…
user19035
2
votes
1 answer
From which Stock Exchange should I buy ETFs?
I'm considering to buy ETFs through IBKR, which seems to be a safe bet investment. The same ETF can be bought from different Stock Exchanges (different countries), one example is the Vanguard S&P 500 ETF.
Which factors should be considered to choose…
ebepem
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2
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Is there a way I can transfer my stocks to another person?
I want to transfer some of my stocks to another person.
Right now, my stocks are in Interactive Brokers.
The other person's account is in Fidelity.
It seems that ACATS does not support transfer between two different people.
What is the best way to…
Jerry Zhang
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2
votes
1 answer
Fill outside RTH vs Allow pre-open
In the following drop-down, I only can select one checkbox. How to choose pre-open and after-hours both? Are not these options correspond to pre hours and after markets?
Image source: Times in Force for Orders
Real Dreams
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2
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0 answers
IBKR's 1099 Forms not what I expected
I just received my 1099 Forms from Interactive Brokers, and there are a few things that do not line up:
Foreign Tax Paid on 1099-DIV shows $0. I owned shares the entire year in an ETF that invests in Australian stocks, and another in Swiss stocks.…
user19035
2
votes
2 answers
IBKR: on what depends the cash settlement time?
I have a cash account without margin. Usually after selling stock cash settles according to T + 2 algorithm. But sometimes my buying power increases right after selling so the cash settles immediately. Is it what they call T + 1? On what does it…
korsun
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How can I easily find out what caused some amount to end up on a 1099-MISC as "Other income" at Interactive Brokers?
I see some amount reported as "Other income" on a 1099-MISC from Interactive Brokers. How can I easily find out what caused it? I looked at the Transaction Status & History, which is a painful process as Interactive Brokers stupidly limits searches…
Franck Dernoncourt
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