IBKR
Interactive Brokers Group, Inc. Class A Common Stock
stock NASDAQ

Here is a great document about avoiding paying options commissions in IBKR:
[https://docs.google.com/document/d/e/2PACX-1vSnOEUTrKWQ9lP0-HmExSk81AIIuZheekUeeAZsLTonWXHMQk9V7-1mHm5d3SA24RF\_acQQH5Po7Srg/pub](https://docs.google.com/document/d/e/2PACX-1vSnOEUTrKWQ9lP0-HmExSk81AIIuZheekUeeAZsLTonWXHMQk9V7-1mHm5d3SA24RF_acQQH5Po7Srg/pub)

Forget about SGOV and buy straight T-Bills instead! SGOV is a "lazy man's etf", that:
1. has much worse margin reguirement that T-Bills
2. charges mgmt fee, albeit small
3. is not as flexible as letting T-Bills expire automatically parallel to your cash requirements
T-Bills are really easy to trade in all IBKR trading platforms; search trade symbol "US-T"

Are you able to hold multiple currencies in the same account and trade with both? IBKR customer service just today told me not possible. They advised I open a second account.
IBKR has a cad website. What if you open an account there? El google says your base currency on such accounts would be in cad.

I am hoping someone will help me out, saving me some time. Does anyone know that our trading activity is protected by our brokers? Does anyone familiar with the data privacy rules around this? Personally, I have account at IBKR, so my question related to them, but I am interested in other brokers as well.

Successful traders generate valuable data through their trading activity which should be protected, considered private and not used for training of quantitative models.
Our trading activity is a gold mine, and if we give it away, brokers might sell it quant firms. Similar story as with Cambridge Analytica (if you familiar with the Netflix documentary).
I really hope they do not share our trading activity with third parties and do not use it as training data for quants.
Otherwise, we have a serious issue of data privacy violation, and I wanted to raise attention to this matter.

Yeah, it's kind of weird. IDK if Robinhood even has the AM expirations. I know IBKR does.

That's IBKR

Dropping S&P500 for emerging markets like EMIM spices up your portfolio without doubling down on the same old song. For platforms, IBKR is like the Swiss Army knife, versatile but takes some patience to master.

This is the reason why I stopped using IBKR. I dont have a large account to trade futures with. But after finding out I can trading through Tradingview with IBKR I ditched them.

\> what doing what confidently?

Sorry, mate but your entire post is r/confidentlyincorrect. My intention is not to belittle you, but sooner or later a big after hour move may occur and you may lose a lot more, which is why I gave the above advice. Options are quite dangerous, and it's best to not leave anything to assumption like you did today.

\> my understanding is that broker sites are free to set earlier execution deadlines and again if memory serves, interactor brokers I think are at 17:25.

Most of the players in the stock / option markets are the big players, not the retail. Hence ones like IBKR doesn't matter much. But even if it did, SPY closed at 591.96 at 5:24 pm. Also, a person or institution may have foreseen the further drop and chose to not exercise it even if it were above 292 at the time.

Interactive Brokers has everything for trading options, futures, stocks, bonds, and low margin interest rates if you borrow cash. The base rate right now for IBKR Pro is like 5.83% and decreases some with higher debit balances.

I'm a longtime trader who recently caught a sizeable windfall in the markets which has motivated me to do something I've been meaning to do for a long time: Consolidate my various accounts, move to a DMA broker, upgrade my toolsets and services, and hone my skills so I can trade more in this crazy new climate we find ourselves in. I scalp futures contracts almost exclusively, and swing trade the big stocks/funds. I also have long term investments that I don't touch except to rebalance.
I also happen to be a professional software developer, over 20 years with .Net/Rust and various smaller frameworks. I'm getting into algo trading slowly. I have accounts with TradeStation, IBKR, and NinjaTrader since their SDK is C#. I'm probably going to ditch IBKR b/c TradeStation so far has been amazing. NinjaTrader isn't DMA, but being able to write complex algorithms in a programming language I know is a huge plus.
I have some questions about tools as I inherently trust nothing on the internet, I figure everybody is in everybody else's pocket.
- Is Benzinga Pro everything it's cracked up to be? Or is there a better source of news, e.g. Bloomberg, CNBC, etc. It's expensive, but anything that can give me an edge on the market I consider extremely valuable.
- Is using a trading journal service worth it? I have my eye on TraderSync, but TradeStation comes with some decent reporting tools that export to excel. TraderSync is also expensive so I'm wondering what edge it would give a scalper.
- Are signaling services worth it? I've seen Eagle Investors and Trade Ideas mentioned a few times on various /r's. How do they signal? Webhooks would be great so I could integrate it into MSFT Teams. And yes I know better than to use them as a single source of truth, confirm with other tools.
My current toolset consists of heavy technical analysis, TradingView (ultimate edition or whatever it's called), and Tradestation tools (TS Workstation, Maestro, but I'm not great at backtesting tbh) in addition to Benzinga and other reputable news sources, but they aren't fast enough which is why I'm asking about the signaling services. I do fairly well, > 50% profitable trades and always end up in the green at the end of the month, if even by just a hair :-) I can say with great certainty that moving to DMA has already increased profits, so I'm very willing to invest both time and money learning new tech if it gives me an edge.
(My ultimate goal btw is to integrate all of this into code I'll write, but that's down the line, I'm in the requirements gathering phase of the SDLC)
Thanks!

I use IBKR and Tasty trade. IBKR does allow paper trading but doesn’t provide real time data. Tasty trade doesn’t have paper trading but does have real time data. So I use Tasty Trade to build the option and IBKR to execute it.

@ r/fidelityinvestments Any word on an independent ATP mobile app? Something similar to TOS mobile or IBKR mobile. Quick and easy to enter trades. Speed to market is paramount in these apps.
Bugs aside, Fidelity mobile takes too many clicks to get to a trade ticket and has no order customizations available. It's good for a place to check balances, prices, history, etc..but not great for active investors. Yes, I use atp and the website for most trading, but still use mobile for some after hours trades and when I'm on the go.

This is beautiful! Im with IBKR too. What made you enter this position?

Yeah. Another big problem of mine is I don’t set a stop loss. I’ve got to start doing that. It’s what I’m missing. I’ve found a strategy that works for me. It’s now just a matter of setting my rules and not breaking them. Which has always been a problem for me. But I’m learning coming on here and talking about it helps me identify it and I get better each week. Been trading almost every day since November. I’ve had highs and lows but haven’t blew up neither account yet. Which I think is another problem for me. It’s like I’ll get my IBKR account well into the green and then I start blowing up the Schwab then they reverse I’ll get the Schwab well into the profit then start blowing out my IBKR. You think it’s best to have just one account for a beginner? Are you a beginner yourself or are you profitable and have you been for a period of time? Thank you for your time.

I want to trade Yield Max ETFs that pay monthly and weekly dividends.
And I want to use the margin in my account.
I've seen in the posts that interest is recorded daily and paid at the end of the month (that's what I understood).
My question is, on the closing date of the month (I think I saw the 3rd of each month), will I need the cash to be positive for the interest to be paid?
When I receive dividends from Yield Max (CASH), will they automatically reduce the negative cash, or will that "cash" remain immutable so I can use it and it is automatically debited to pay interest?
I don't understand much about when the cash is negative and when I receive the dividends.
How does IBKR record it as money I can use freely or use it to reduce the negative cash?

Best regards.

The Desktop app has always been iffy but I was too stupid to have been using it when I was trying to make a trade.
It was minutes before closing and right after I clicked submit order, the desktop app crashed.
I called the Trade Desk and they said they do see the order cancelled/expiring but the guy sais IBKR doesn't offer compensation for this type of stuff.
Anything I can do?

I use IBKR

Daily reminder. Fuck IBKR and their garbage ass support

IBKR alternative if you're a Canadian that wants to invest in foreign markets (non-US/Canada)?