How to Open & Register for a Stock Broker Account at Interactive Brokers (IB)

can i do penny stocks trading through international broker?and what if i dont have any job??

Which broker offer to buy hong kong stock exchange??

I find very tedious steps and process register with IB. Is process sign up with IB in this video still applicable, after all this is 4 years ago?

Dumb question, but am i losing money or making money in the MTD interest column in my IB account? Assuming the cash is just sitting there in the margin account.

Thanks for the video, Do you know which routing is better with IB?

If you're just starting out avoid interactive brokers

If horrendous customer service and their software is outdated and crashes regularly

Hey by the way reader

How can one even check the dashboard of the account, I for example cant see anything, Im on step 5 Application Status: Completed and Submitted for Approval … but how can I check the platform and see how it looks like etc, I dont want to put money from now without seeing the platform ygm

Any help on this would be so so appreciated!

worst platform ever!!  if you want to blow out your account? use interactive broker!

I joined late 2018 with assistance from an experience professional. Definitely watch this video. I t took me more than 1 month to finish the process, from doing the application, have my proof of ID accepted and to have my first inter-bank transfer go through to fund the trading account. You then need to download their App to your computer – at least the username/password required for the website login, Paper trade login and Real Cash account login are the same. A separate login is required to access the training resources (traders academy).
I also recommend watching videos on how to set up your account and how to trade stocks/options/futures as applicable – training material available on IB's website or other bloggers here on YouTube. I suppose they make it hard because it is easy to lose a lot of money. Definitely make use of the paper trading account, learn to lose and gain imaginary money before risking the real thing.

What do you think about lumentrades?

The worst platform every on the planet. If someone wanna blow up his/her account, go for Interactive Broker. The worst services ever they perform. I have been TOS user for 5 years and never called a single time for any issue. I got IB about 1 week ago and it was my 8th call today for thousands of issues so far. Guys, I don't recommend any Broker but never go for IB.

Why would anyone want to trade paying 0.05 per share vs a $7 flat fee? i like the lower margin rates, but paying per share often does not beat competitors flat fees.

Is this proker available for Mexico citizens? I know is available for Europe

Amazing video and explanation Sasha. I wonder if you could make a video about how to withdraw money from IB in the safest way?

it needs me to have atleast 100,000 usd liquid networth. I don't have that much. Should i clicked on false amount?

Please do not fund your account before it is fully approved and ready to go. The process could take over month(in my case) from beginning till your account is ready for trade. They keep coming with additional requirements and once you provide requested, they take couple days to process. Then they realize something else is missing and process repeat it self.

For example in order to trade options they discriminate based on your age.
If your income is below 40000 $ a year and you are from 21 – 30 years old you will not be approved. If you are older it is much worst. Customer support could not explain difference between entering position with naked put or limit order, but they quote the requirement if you do not have over 40000$ income per year you are not allowed to buy shares with option contract for your own money.

Their sales pitch are low commissions but once you sign up it is different story. They charge you literally everything on the monthly bases. Please note that account you have comes with nothing included, everything is sold to you individually. Owning account will monthly cost you 10$, another 15$ will go for basic Level 1(just NASDAQ and NYSE) real time data, much more for Level 2… To setup remotely decent trading platform will cost you minimum 50$+ a month. You end up paying the same as other brokers with quality customer service.

Just stay away of this "Mickey Mouse" business.

However if you are looking to short and hold long term, IB probably gives you the best chance of being able to hold the shares above the typical 3 day period. Which is a good thing for those who short these pump and dumps here .
If your trading sucks like mine used to be or even your strategy then email Vladislav for his Trade strategy and join the 10% of people who always get it right .–> VLADISLAV@ OPTIONSTRADE. CC We can trade the same currency or stock at the same time and also make profit so lets spread the word .

Interactive brokers' main strength is their low cost and their availability of shares to short. However while interactive brokers typically has more shares to short than other brokers, don't make the mistake of thinking it would be the easiest to short the biggest pumps and dumps here.

On the video is there a part where you can choose if you want to trade on pre-market or after-hours? Also if you’re shorting a stock I understand that you need a margin account but on your video there were two types. So which type is the best? Thanks!!

Hi sasha , I am from india. I have open an Demo A/C in IBKR .It shows money in my a/c is it real? or only demo. kindly reply….

what do you suggest for day trading pennystocks? I am from Finland.

15:00

did you check how much the charge for the level 2 data feed? Thanks

I'm looking at opening a Reg T Margin account with IBKR to take advantage of the low interest rate margin loans. If I fund the account with over 100K then I believe I will not be charged monthly activity fees, For example if I fund the account with 200K worth of stock, I can use the fixed rate pricing to purchase 100k on margin worth of an sp500 index fund. I would then be long on 300K worth of securities. This would allow a significant amount of conservatism before a margin call.
Am I right in thinking there would be no monthly activity fees?
Am I right to use fixed rate pricing?
With a Reg T margin account can maintenance margin requirements of 25% change?
Is the 50% initial margin requirement only upon purchase?
Do I have to maintain higher overnight margin requirements for Reg T?
I calculated that it would take a 55% market drop (or stock drop) before a margin call would occur. Does that make sense?
Do you believe that this is a good strategy for the long term? or should I be doing something differently?

Чувак по русски умеешь говорить?

Isnt margin a loan pretty much? Can't you just open up an account with your own money and nothing else?

Nice video Sasha. Thanks for the information. I have a question. The "clients 25 or under" part applies to American only? or does it include people from other countries? I'm from Peru, in SouthAmerica.

Hey Sasha, I'm starting out as a trader and i live in UK but I want to trade US Penny stocks, I want to get into interactive brokers, do I really need 10k to open an account or I can just start with £100?

What broker would be good for day trading FX?

thank you for this detailed well explained video .

I dont understand why anyone would choose flat rate over tiered rate. With tiered, the most you can possibly pay per share is 0.0035. It gets even cheaper as you buy larger amounts of shares. With flate rate its 0.005 per share no matter how many shares you buy.

Which broker would you recommend for Canadians?

Does their platform provide real-time quotes and do they charge for it? I can't believe they don't list anything on their site… Also, if I want to buy 5000 shares of a $2 stock is that going to cost $25? That would be an absolute rip-off if so

what would be the best online brokers for a strategy buy-and-hold shares? Is IB can be a good choice on this case (with 3-5 trades montly)?

Been with Ameritrade for 10 years and ThinkOrSwim has any feature you would ever use including live TV feed for MSNBC. You only need 200$ in your account and there are no extra hidden fees; no fee for not trading either.

Hi Sasha you said you would be doing an indepth video on Interactive brokers reviewing their trading panel and platform. But I can't seem to find it? Has this video been done? I have emailed you several times but had no rely. I hope to hear from you soon. Thanks Lorna 🙂