Le diamo il benvenuto in Interactive Brokers
Overview:
Una volta finanziato e approvato il proprio conto è possibile iniziare la propria attività di trading. Le informazioni di seguito indicate permettono di muovere i primi passi in qualità di nuovo cliente Interactive Brokers.
- Il proprio denaro
- Configurare il proprio conto per l'attività di trading
- Come effettuare trading
- Negoziare in tutto il mondo
- Cinque punti per ampliare la propria esperienza IB
1. Il proprio denaro
Versamenti e prelievi Informazioni generali. Tutte le transazioni sono amministrate tramite il sistema sicuro di Gestione conto
Versamenti
Innanzitutto, è necessario creare una notifica di versamento tramite Gestione conto > Finanziamento > Trasferimento fondi > Tipo di transazione: “Versamento” Come creare una notifica di versamento. Il secondo passaggio consiste nell'istruire la propria banca in merito al bonifico da emettere utilizzando i dettagli bancari forniti nella propria notifica di versamento.
Prelievi
È necessario creare le istruzioni di prelievo tramite il sitema sicuro di Gestione conto > Finanziamento > Trasferimento fondi > Tipo di transazione: "Prelievo" Come creare istruzioni di prelievo
Qualora si inoltrino istruzioni per un prelievo superiore ai limiti di prelievo previsti, questo verrà considerato un prelievo eccezionale e, di conseguenza, sarà necessario collegare il titolare del conto bancario al conto IB. Se il conto bancario ricevente è stato utilizzato per un versamento, il prelievo verrà processato; altrimenti, sarà necessario rivolgersi all'assistenza clienti e fornire la documentazione necessaria.
Risoluzione delle problematiche
Versamenti: se la propria banca ha inviato il denaro ma l'accredito dello stesso non è visualizzabile sul proprio conto IB. Possibili motivazioni:
a) Il trasferimento di fondi richiede circa 1-4 giorni lavorativi
b) Notifica di versamento mancante. È necessario crearla tramite il proprio sistema Gestione conto e inviare un ticket all'Assistenza clienti
c) Dettagli di modifica mancanti. Il proprio nome o il numero del conto IB non figura nei dettagli del trasferimento. È necessario contattare la propria banca per richiedere tutti i dettagli della modifica.
d) Gli ACH avviati presso IB prevedono un limite di 100K USD in un periodo di 7 giorni lavorativi. Qualora si apra un conto a margine di portafoglio con requisito iniziale di 110K, il bonifico bancario potrebbe rappresentare la soluzione di versamento migliore per ridurre i tempi di attesa relativi alla prima delle proprie transazioni. Qualora si selezioni l'opzione ACH, sarà necessario un tempo di attesa di circa due settimane oppure un declassamento temporaneo del conto a RegT.
Prelievi: se è stato richiesto un prelievo ma l'accredito del denaro non è visualizzabile sul proprio conto bancario. Possibili motivazioni:
a) Il trasferimento di fondi richiede circa 1-4 giorni lavorativi
b) Rifiutato. Oltre la soglia massima consentita per il prelievo. Si prega di controllare il saldo del proprio conto. Si prega di notare che, in base ai requisiti regolamentari, una volta versati i fondi, è previsto un periodo di attesa di tre giorni prima di poter procedere con il prelievo degli stessi.
c) La propria banca ha respinto i fondi. Probabilmente a causa della mancata corrispondenza tra il conto bancario ricevente e quello emittente.
2. Configurare il proprio conto per l'attività di trading
Differenza tra Conti cash e Conti a margine: se si sceglie l'applicazione FastTrack, il proprio conto diverrà automaticamente un conto cash con i permessi per le azioni statunitensi. Se si desidera beneficiare dell'effetto leva e negoziare a margine, si prega di consultare le presenti informazioni relative alla promozione del conto a conto a margine RegT
Permessi di trading
Per poter negoziare una particolare categoria di prodotti in un determinato Paese, è necessario ottenere i necessari permessi di trading tramite Gestione conto. Si prega di notare che i permessi di trading sono gratuiti. Tuttavia, potrebbe essere necessario dover firmare le informative sui rischi richieste dalle autorità di regolamentazione locali. Come richiedere i permessi di trading
Dati di mercato
Se si desidera disporre di dati di mercato in tempo reale per un particolare prodotto/mercato, è necessaria la sottoscrizione a un pacchetto dati di mercato addebitato dalla Borsa valori. Come effettuare la sottoscrizione ai dati di mercato
L'assistente dati di mercato fornisce assistenza nella scelta del pacchetto più adatto. Si prega di guardare questo Video che ne spiega il funzionamento.
I clienti hanno la possibilità di ricevere gratuitamente un pacchetto con dati di mercato differiti cliccando sul pulsante Dati di mercato differiti dalla riga di un ticker privo di sottoscrizione.
Conti per consulenti
Si consiglia di consultare rapidamente la guida utente primi passi per i consulenti per comprendere come aggiungere altri utenti al proprio conto consulente e assegnare loro l'accesso e molto altro ancora.
3. Come effettuare trading
Trader's University è lo spazio che permette di apprendere come utilizzare le nostre piattaforme. Qui è possibile trovare i nostri webinar dal vivo e registrati in 10 lingue diverse, oltre a tour e documentazione relativa alle nostre varie piattaforme di trading.
Trader Workstation (TWS)
I trader che necessitano di strumenti di investimento più sofisticati possono usufruire della nostra interfaccia progettata dai market maker, Trader Workstation (TWS), che permette di ottimizzare la velocità e l'efficienza di trading grazie a un'interfaccia di lavoro intuitiva, supporto su oltre 60 tipologie di ordine, strumenti di investimento specifici per tutte le strategie di trading, saldi contabili e monitoraggio della propria attività. L'offerta comprende due modelli:
TWS Mosaic: utilizzo intuitivo, facile accesso al trading, gestione degli ordini, liste prezzi e grafici, il tutto in un'unica finestra, oppure
TWS classica: gestione degli ordini avanzata per quei trader che necessitano di strumenti e algoritmi più avanzati.
Descrizione e informazioni generali / Guida rapida / Guida utente
Tour interattivi: Concetti base di TWS / Configurazione di TWS / TWS Mosaic
Come effettuare una transazione: Video su TWS classica / Video su Mosaic
Strumenti di trading: Descrizione e informazioni generali / Guida utente
Requisiti: Installazione di Java per Windows / Installazione di Java per MAC / Necessaria l'apertura delle porte 4000 e 4001
Login a TWS / Download di TWS
WebTrader
Quei trader che preferiscono un'interfaccia semplice e lineare possono utilizzare il nostro WebTrader su base HTML, che semplifica la visualizzazione dei dati di mercato, l'invio degli ordini e il monitoraggio del proprio conto e delle proprie operazioni. L'ultima versione di WebTrader è adatta a tutti i browser
Guida rapida / Guida utente di WebTrader
Introduzione: Video su WebTrader
Come effettuare una transazione: Video su WebTrader
Login a WebTrader
MobileTrader
Le nostre soluzioni mobili permettono di negoziare in mobilità con il proprio conto IB. Le applicazioni mobileTWS per iOS e mobileTWS per BlackBerry sono personalizzate per questi modelli più famosi, mentre la versione generica MobileTrader supporta la maggior parte degli altri dispositivi smartphone.
Descrizione e informazioni generali
Tipologie di ordini Tipologie di ordini disponibili e descrizione / Video / Tour / Guida utente
Paper Trading Descrizione e informazioni generali / Come ottenere un conto di Paper Trading
Una volta creato il proprio conto di paper trading, è possibile condividere i dati di mercato del proprio conto reale con il proprio conto di paper trading: Gestione conto > Gestione conto > Impostazioni > Paper trading
4. Negoziare in tutto il mondo
I conti IB sono in molteplici valute. Il proprio conto può detenere differenti valute allo stesso momento, al fine di poter negoziare molteplici prodotti in tutto il mondo da un unico conto.
Valuta di base
La propria valuta di base determina la conversione della valuta per i propri rendiconti e la valuta utilizzata per determinare i requisiti di margine. La valuta di base è determinata al momento dell'apertura del proprio conto. I clienti possono cambiare la propria valuta di base in ogni monento da Gestione conto.
Le valute non vengono automaticamente convertite nella valuta di base del cliente
La conversione valutaria deve essere effettuata manualmente dal cliente. In questo video è possibile apprendere come effettuare una conversione della valuta.
Per poter aprire una posizione denominata in una valuta non presente nel proprio conto, si hanno a disposizione due possibilità:
A) Conversione della valuta.
B) Prestito a margine IB. (Non disponibile per i conti cash)
Si prega di accedere a questo corso che illustra i meccanismi delle transazioni in valuta estera.
5. Cinque punti per ampliare la propria conoscenza IB
1. Ricerca dei contratti
Qui è possibile trovare tutti i nostri prodotti, simboli e specifiche.
2. Knowledge Base IB
Il Knowledge Base è un archivio contenente termini del glossario, articoli esplicativi, suggerimenti e linee guida circa la risoluzione delle problematiche progettato per offrire supporto ai clienti IB nella gestione dei propri conti. È sufficiente digitare un termine nel pulsante di ricerca per ottenere la risposta desiderata.
3. Gestione conto
Mentre le nostre piettaforme di trading offrono accesso ai mercati, Gestione conto garantisce l'accesso al proprio conto IB. Tramite Gestione conto è possibile gestire le operazioni relative al propprio conto come, per esempio, versamento o prelievo di fondi, visualizzare i propri rendiconti, modificare le sottoscrizioni ai dati di mercato e alle notizie, emendare i propri permessi di trading e verificare o modificare i propri dati personali.
Accedere a Gestione conto / Guida rapida di Gestione conto / Guida utente di Gestione conto
4. Sistema di accesso sicuro
Per fornire ai propri clienti il massimo livello di sicurezza online, Interactive Brokers ha messo a punto un Sistema di accesso sicuro (SLS) che sottopone l'accesso al proprio conto a un particolare tipo di autenticazione a due livelli. Il sistema di autenticazione a due livelli serve a confermare la propria identità al momento del login utilizzando due livelli di sicurezza: 1) Le informazioni in proprio possesso (la combinazione del proprio nome utente e della password); e 2) Il dispositivo in proprio possesso (un dispositivo di sicurezza creato da IB che genera un codice di sicurezza casuale monouso). Dato che la procedura di accesso al proprio conto richiede sia la conoscenza delle proprie credenziali (nome utente e password) sia il possesso fisico del dispositivo, la partecipazione al Sistema di accesso sicuro potenzialmente impedisce a qualunque persona non autorizzata di accedere al proprio conto.
Come attivare il proprio dispositivo di sicurezza / Come ottenere una carta codici di sicurezza / Come restituire il dispositivo di sicurezza
In caso di smarrimento della propria password o della propria carta codici di sicurezza, si prega di contattarci per richiedere assistenza immediata.
5. Relazioni e rendiconti
Di facile visualizzazione e personalizzazione, i nostri rendiconti e relazioni coprono tutti gli aspetti del proprio conto Interactive Brokers. Come visualizzare un Rendiconto attività
Che cosa significa la dicitura "In attesa di intervento del consulente" accanto alla mia richiesta di prelievo?
Overview:
Dopo aver richiesto un prelievo, una volta effettuato l’accesso a Client Portal i clienti dei consulenti potrebbero vedere la dicitura “In attesa di intervento del consulente” all’interno della sezione “Cronologia delle transazioni”.
Informazioni:
La struttura dei conti per i consulenti finanziari prevede che i conti clienti possano richiedere i prelievi effettuando l'accesso a Client Portal, così come previsto per qualunque utente di conto individuale. Una volta inoltrata la richiesta di prelievo del conto cliente, sarà necessaria l'autorizzazione del consulente. Nel caso in cui la richiesta non venga autorizzata, il prelievo sarà comunque elaborato, ma la procedura potrebbe subire un ritardo pari fino a tre giorni lavorativi.
Passaggi previsti per la conferma del consulente
Una volta inoltrata la richiesta di prelievo dal proprio conto cliente, il relativo consulente riceverà una notifica via email indicante la richiesta di prelievo del cliente. Per poter dare il proprio consenso, il consulente dovrà accedere a Client Portal e navigare fino alla scheda Gestione clienti, Dashboard ed Elementi in sospeso. Quindi, dovrà cliccare sul pulsante "Acconsento" per accelerare la procedura di prelievo in sospeso.
Informazioni in merito ai periodi di attesa
Al fine di poter assicurare la tempestiva elaborazione delle richieste di prelievo disposte dai clienti, il periodo di attesa per i prelievi con importo della richiesta superiore all'80% dell'importo prelevabile saranno tenuti in sospeso fino all'avvenuta approvazione del consulente, oppure, se precedente, per tre giorni lavorativi. In caso di importi inferiori all'80%, i prelievi resteranno in sospeso fino all'avvenuta approvazione del consulente o fino al successivo giorno lavorativo.
Tali tempi di attesa servono a permettere al consulente di essere informato circa le richieste di prelievo e di disporre del tempo necessario a rendere disponibili i fondi, laddove necessario.
Welcome to Interactive Brokers
Overview:
Now that your account is funded and approved you can start trading. The information below will help you getting
started as a new customer of Interactive Brokers.
- Your Money
- Configure your account to trade
- How to trade
- Trade all over the World
- Five points to enrich your IB experience
1. Your Money
Deposits & Withdrawals General Info. All transactions are administered through your secure Account Management
Deposits
First, you create a deposit notification through your Account Management > Funding > Fund Transfers > Transaction Type: “Deposit” How to create a deposit notification. The second step is to instruct your Bank to do the wire transfer with the bank details provided in your Deposit Notification.
Withdrawals
Create a withdrawal instruction via your secure Account Management > Funding > Fund Transfers > Transaction Type: "Withdrawals" How to create a withdrawal instruction
If you instruct a withdrawal over the Withdrawal limits, it will be considered an exceptional withdrawal and we will therefore need to match bank account holder and IB account. If destination bank account has been used for a deposit, withdrawal will be processed; otherwise, you must contact customer service and provide the documents needed.
Troubleshooting
Deposits: My bank sent the money but I do not see it credited into my IB account. Possible reasons:
a) A fund transfer takes 1-4 business days
b) A Deposit Notification is missing. You have to create it via your Account Management and send a ticket to Customer Service
c) Amending details are missing. Your name or IB account number is missing in the transfer details. You have to contact your bank and ask for the full amending details.
d) ACH initiated by IB is limited to 100k USD in a 7 business period. If you opened a Portfolio Margin account where the initial requirement is 110k, a wire deposit might be the better deposit option to reduce wait time for your first trade. If selecting ACH a wait time of almost 2 weeks or a temporary downgrade to RegT can be possible solutions.
Withdrawals: I have requested a withdrawal but I do not see the money credited to my bank account. Possible reasons:
a) A fund transfer takes 1-4 business days
b) Rejected. Over the max it can be withdrawn. Please check your account cash balance. Note that for regulatory requirements, when the funds are deposited, there is a 3 day holding period before they can be withdrawn.
c) Your bank returned the funds. Probably because receiving bank account and remitting bank account names do not match.
2. Configure your account to trade
Difference between Cash and Margin accounts: If you have chosen the FastTrack application, by default your account type is a cash account with US stock permission. If you would like to get leverage and trade on margin, here how to upgrade to a RegT Margin account
Trading Permissions
In order to be able to trade a particular asset class in a particular country, you need to get the trading permission for it via your Account Management. Please note that trading permissions are free. You might however be asked to sign risk
disclosures required by local regulatory authorities. How to Request Trading Permissions
Market Data
If you want to have market data in real-time for a particular product/exchange, you need to subscribe to a market data package charged by the exchange. How to subscribe to Market data
The Market data assistant will help you choose the right package. Please watch this Video explaining how it works.
Customers have the option to receive delayed market data for free by clicking the Free Delayed Data button from a non-subscribed ticker row.
Advisor Accounts
Have a look at the user guide getting started as advisors. Here you see how to create additional users to your advisor account and grant them access and much more.
3. How to trade
The Trader's University is the place to go when you want to learn how to use our Platforms. Here you will find our webinars, live and recorded in 10 languages and tours and documentation about our various Trading Platforms.
Trader Workstation (TWS)
Traders who require more sophisticated trading tools can use our market maker-designed Trader Workstation (TWS), which optimizes your trading speed and efficiency with an easy-to-use spreadsheet interface, support for more than 60 order types, task-specific trading tools for all trading styles, and real-time account balance and activity monitoring. Try the two models
TWS Mosaic: for intuitive usability, easy trading access, order management, watchlist, charts all in one window or
TWS Classic: the Advanced Order Management for traders who need more advanced tools and algos.
General Description and Information / Quick start guide / Usersguide
Interactive Tours: TWS Basics / TWS configuration / TWS Mosaic
How to place a trade: Video Classic TWS / Video Mosaic
Trading tools: General Description and Information / Users guide
Requirements: How to install Java for Windows / How to install Java for MAC / Port 4000 and 4001 needs to be open
Login TWS / Download TWS
WebTrader
Traders who prefer a clean and simple interface can use our HTML-based WebTrader, which makes it easy to view market data, submit orders, and monitor your account and executions. Use the latest WebTrader from every browser
Quick Start Guide / WebTrader User's Guide
Introduction: Video WebTrader
How to place a Trade: Video WebTrader
Login WebTrader
MobileTrader
Our mobile solutions allow you to trade your IB account on the go. The mobileTWS for iOS and the mobileTWS for BlackBerry are custom-designed for these popular models, while the generic MobileTrader supports most other Smart phones.
General Description and Information
Order Types Order Types available and Description / Videos / Tour / Users guide
Paper Trading General Description and Information / How to get a Paper Trading Account
Once your paper account is created, you can share the market data of your real account with your paper trading account: Account Management > Manage Account > Settings > Paper trading
4. Trade all over the World
IB accounts are multi-currency accounts. Your account can hold different currencies at the same time, this allows you to trade multiple products around the world from a single account.
Base Currency
Your base currency determines the currency of translation for your statements and the currency used for determining margin requirements. Base currency is determined when you open an account. Customers may change their base currency at any time through Account Management.
We do not automatically convert currencies into your Base currency
Currency conversions must be done manually by the customer. In this video you can learn how to do a currency conversion.
In order to open a position denominated in a currency that you do not have in your account, you have two possibilities:
A) Currency conversion.
B) IB Margin Loan. (Not available for Cash Accounts)
Please see this course explaining the mechanics of a foreign transaction.
5. Five points to enrich your IB experience
1. Contract Search
Here you will find all our products, symbols and specifications.
2. IB Knowledge Base
The Knowledge Base is a repository of glossary terms, how-to articles, troubleshooting tips and guidelines designed to assist IB customers with the management of their IB accounts. Just enter in the search button what you are looking for and you will get the answer.
3. Account Management
As our trading platforms give you access to the markets, the Account Management grants you access to your IB account. Use Account Management to manage account-related tasks such as depositing or withdrawing funds, viewing your statements, modifying market data and news subscriptions, changing your trading permissions, and verifying or changing your personal information.
Log In Account Management / AM Quick Start Guide / AM Users Guide
4. Secure Login System
To provide you with the highest level of online security, Interactive Brokers has implemented a Secure Login System (SLS) through which access to your account is subject to two-factor authentication. Two-factor authentication serves to confirm your identity at the point of login using two security factors: 1) Something you know (your username and password combination); and 2) Something you have (an IB issued security device which generates a random, single-use security code). As both knowledge of your username/password and physical possession of the security device are required to login to your account, participation in the Secure Login System virtually eliminates the possibility of anyone other than you accessing your account.
How to Activate your Security Device / How to Obtain a Security Code Card / How to return Security device
In case you forgot your password or lost your security code card, please call us for immediate assistance.
5. Statements and Reports
Easy to view and customize, our statements and reports cover all aspects of your Interactive Brokers account. How to view an Activity Statement
Overview of Dodd-Frank
Background
The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as Dodd-Frank, is a U.S. law enacted in July of 2010, the purpose of which is to prevent the recurrence of events which lead to the 2008 financial crisis. Its principal goals are to:
- Promote U.S. financial stability by improving accountability and transparency within the financial system;
- Protect taxpayers from future bailouts of institutions deemed “too big to fail”; and
- Protect consumers from financial services practices considered abusive.
For additional information, please review the following sections:
- Dodd-Frank reforms
- Dodd-Frank and your IB Account
Dodd-Frank Reforms
To accomplish its goals, Dodd-Frank proposed the following reforms:
- Enhanced oversight and supervision of financial institutions through the creation of Financial Stability Oversight Council
- Creation of a new agency responsible for implementing and enforcing compliance with consumer financial laws (Bureau of Consumer Financial Protection)
- Implementation of more stringent regulatory capital requirements
- Changes in the regulation of over the counter derivatives including restrictions upon access to Federal credit by swaps entities, establishment of regulatory oversight and mandatory trading and clearing requirements
- Enhanced regulation of credit rating agencies intended to eliminate exemptions from liability, enhance rating agency disclosure, establish prohibited activities and impose standards for independent Board governance
- Changes to corporate governance and executive compensation practices
- Incorporation of the Volcker Rule which imposes restrictions upon the speculative proprietary trading activities of banking entities
- Mandating studies intended to reform investor protection rules
- Changes to the securitization market including requirements that mortgage bankers retain a % of risky loans.
Dodd-Frank and Your IB Account
Perhaps most visible to IB account holders of all the Dodd-Frank regulations are those relating to money transfers. Here, Section 1073 of the Act introduces consumer protections designed to increase transparency with respect to the costs, timing and the right to repudiate cross-border transactions.
For purpose of Section 1073, a cross-border transaction is defined as an electronic transfer of money from a consumer in the United States to a person or business in a foreign country. As IB LLC is a U.S. based broker, all its account holders regardless of whether they are domiciled in the U.S. or not, benefit from this protection and it covers withdrawals denominated in a currency other than the U.S. dollar as well as USD denominated withdrawals sent to a non-U.S. bank. Account holders submitting a withdrawal which is covered by this regulation will be provided with a disclosure after confirming the request within Account Management. This disclosure will include the following information:
- The name and address of the sender and recipient
- The amount to be deducted from the sender’s IB account
- The amount projected to be credited to the recipient’s bank account including an estimate of fees which the receiving bank's correspondent bank(s) may charge. Note that these correspondent bank fees are not set by nor is any part of them earned by IB.
- A disclaimer that additional fees and foreign taxes may apply.
- Notice of the sender’s right to cancel the transfer request for a full refund within 30 minutes of it being authorized.
- Regulatory contact information in the event of questions or complaints.
When estimating correspondent bank transfer fees, IB takes into consideration information collected from past customer transactions in addition to data made available by our agent banks. We encourage our customers to review and consider this information when making decisions regarding cross-border transactions.
IRA: Required Minimum Distributions
IRA owners may be required to to withdraw funds beginning at age 73, and every year thereafter. Determining your Required Minimum Distribution (RMD) is significant while retaining an IRA, considering both your life expectancy and the IRA's fair market value.
The required amount for each eligible person is based on the December 31 IRA account value of the previous year and the IRA owners date of birth. Your spouse's date of birth may also be a factor if your spouse is at least 10 years younger than you. Interactive Brokers LLC provides several information resources to understand and calculate your RMD, including access to the online FINRA RMD Calculator.
Requesting Your RMD Withdrawal
The Internal Revenue Service (IRS) requires the IRA plan custodian to notify IRA owners about the RMD requirements by January 31 each year. If you turn 73 this year, you are required to begin taking RMDs before April 1 of the following year.
Eligible IRA owners must begin receiving withdrawals by December 31 of the year they reach age 73. The first RMD withdrawal, however, may be delayed until April 1 of the following year.
If you elect to delay the withdrawal, then please observe the following considerations:
(1) Two RMD withdrawals will be required the following year, the undistributed initial RMD and the new RMD.
(2) The new RMD will be slightly larger due to the December 31 market value's inclusion of the undistributed initial RMD.
Subsequent RMD withdrawals from your IRA must be distributed by December 31 to avoid a penalty tax.
Note: Roth IRAs are exempt from the RMD rules during the IRA owner's lifetime.
Requesting Your RMD Withdrawal
You may request a withdrawal of funds through the Transfer & Pay and then Transfer Funds menu options within Client Portal. The IRS deadline for taking RMDs is December 31 each year. Keep in mind that the year end withdrawal cut off for processing withdrawals from your Interactive Brokers account may occur before December 31.
Please note that you can elect to transfer your funds to your bank account or to an Interactive Brokers non-IRA account. To transfer funds to an Interactive Brokers non-IRA account, log into Client Portal, select Transfer & Pay, Transfer Funds then select Transfer Funds Between Accounts.
Your RMD is determined by dividing the account balance on December 31 of last year by your life expectancy factor. Your life expectancy factor is taken from the Life Expectancy Tables contained in IRS Publication 590. Your IRA beneficiary election may play an important role in determining your RMD, as well.
You must calculate your RMD separately for each qualifying IRA custodied at Interactive Brokers and any other financial institution. The RMD, however, may be satisfied from any single one or combination of your IRAs. The IRA Required Minimum Distribution Worksheets may provide additional assistance with the calculation of your RMD.
Click here to return to the Retirement Account Resource page.
Disclaimer: IB does not provide tax advice. These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any international, federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor. We recommend that you consult a qualified tax adviser or refer to the U.S. Internal Revenue Service.
IRA: Retirement Account Resource Center
IMPORTANT NOTE: This article has been customized for use by self-directed Individual Retirement Account (IRA) owners for information purposes only. Persons are encouraged to consult a qualified tax professional with the investments and elections within the IRA. IB does not provide tax advice. For detailed information regarding IRAs, you may consult the IRS Publication 590-A about IRA contributions and the IRS Publication 590-B about IRA distributions.
This resource center provides a central reference point for information concerning the various IRA account types offered by IB.
Important Notice - Select IRA Tax Reporting for key information with transaction and tax reporting in your IRA.
Account Management IRA Reference
Beneficiary Options
Recharacterizations from a Roth IRA
Required Minimum Distributions
IRS Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.
Security Device Replacement Charge
Account holders logging into their account via IBKR's Secure Login System are issued a security device, which provides an additional layer of protection to that afforded by the user name and password, and which is intended to prevent online hackers and other unauthorized individuals from accessing their account. While IBKR does not charge any fee for the use of the device, certain versions require that the account holder return the device upon account closing or incur a replacement fee. Existing account holders are also subject to this replacement fee in the event their device is lost, stolen or damaged (note that there is no fee to replace a device returned as a result of battery failure).
In addition, while IBKR does not assess a replacement fee unless a determination has been made that the device has been lost, stolen, damaged or not returned, a reserve equal to the fee will placed upon the account upon issuance of the device to secure its return. This reserve will have no effect upon the equity of the account available for trading, but will act as limit to full withdrawals or transfers until such time the device is returned (i.e., cannot withdraw the reserve balance).
Outlined below are the replacement fee associated with each device.
| SECURITY DEVICE | REPLACEMENT FEE |
| Security Code Card1 | $0.001 |
| Digital Security Card + | $20.00 |
For instructions regarding the return of security devices, please see KB975
1 The Security Code Card is not required to be returned upon account closing and may be destroyed and discarded once remaining funds have been returned and the account has been fully closed. Access to Client Portal after closure for purposes of viewing and retrieving activity statements and tax documents is maintained using solely the existing user name and password combination. This type of two-factor security is no longer being issued.
Cash Sweeps
Background
Underlying the IB Universal account are two separate sub-accounts or segments, one for the securities positions and balances which are subject to the customer protection rules of the SEC and another for the commodities positions and balances which are subject to the customer protection rules of the CFTC. This Universal account structure is designed to minimize the administrative overhead that customers would otherwise be exposed to were they to maintain two distinct accounts (e.g., transferring of cash between accounts, login and order submission through separate accounts, multiple statements, etc.) while preserving the separation required by regulation.
These regulations further require that all securities transactions be effected and margined in the securities segment of the Universal account and commodities transactions in the commodities segment.1 While the regulations allow for the custody of fully-paid securities positions in the commodities segment as margin collateral, IB does not do so, thereby limiting their hypothecation to the more restrictive rules of the SEC. Given the regulations and policies which direct the decision to hold positions in one segment vs. the other, cash remains the only asset eligible to be transferred between the two and for which customer discretion is provided.
Outlined below is a discussion as to the cash sweep options offered, the process for selecting an option as well as selection considerations.
Cash Sweep Options
Customers are provided with 3 sweep options, descriptions for which are provided below:
1. Do not sweep excess funds – under this election, excess cash does not move from one segment to another unless necessary to:
a. Eliminate/reduce a margin deficiency in the other segment;
b. Minimize a cash debit balance and therefore interest charges in a given segment. Note that this is the default option and sole option for account holders having only one of securities or commodities trading permissions.
2. Sweep excess funds into my IB securities account – here, cash balances are only held in the commodities segment to the extent necessary to satisfy the current commodities margin requirement. Any cash in excess of the margin requirement, generated as a result of either an increase in cash (e.g., favorable variation and/or transaction related) or decrease in the margin requirement (e.g., changes in the SPAN risk arrays and/or transaction related) will be automatically transferred from the commodities segment to the securities segment. Note that the account holder must have permissions to trade securities in order to select this option.
3. Sweep excess funds into my IB commodities account – here, cash balances are only held in the securities segment to the extent that they, along with any other securities positions having loan value, are needed to satisfy the current securities margin requirement. Note that the account holder must have permissions to trade commodities in order to select this option.
Other items of note:
- As the Universal account allows for cash balances to be held in a variety of denominations, a hierarchy exists for the purpose of determining which particular currency to transfer first when long balances in multiple currencies exist. In these situations the procedure is to first transfer balances denominated in the Base Currency, then USD and then the remaining long currency balances in order of highest to lowest.
- To minimize the likelihood of one segment incurring a margin deficiency following the sweep of excess cash to the other, the full excess will not be transferred and a buffer equal to 5% of the maintenance margin requirement will be retained. Similarly, to minimize the operational overhead of transferring nominal balances, balances will only be transferred if, after giving effect to the 5% margin cushion, the excess, if any, is not less than 1% of account equity or $200.
- When performing the pre-trade credit check to determine whether an account maintains sufficient equity to support a new order, excess cash maintained in one segment will be considered for trades conducted in the other (although a sweep will not occur until the trade has executed and only if it then remains necessary for margin compliance). Accounts which are designated as a Pattern Day Trader and which are subject pre-trade credit check that takes into account the prior as well as current day's equity should pay particular attention to the Selection Considerations section below.
Selecting a Sweep Option
If your Account Management version contains a series of menu options on the left-hand side, select the Account Administration and then Excess Funds Sweep menu options. If your version has menu options across the top, select the Manage Account/Settings and then the Configure Account/Excess Funds Sweep menu options. Regardless of your version, you will be presented with a screen which appears as follows:
You may then select the radio button alongside the option of your choice and select the Continue button. Your choice will take effect as of the next business day and will remain in effect until a different option has been selected. Note that subject to the trading permission settings noted above, there is no restriction upon when or how often you may change your sweep method.
Selection Considerations
While the decision to elect one segment vs. the other for the purposes of maintaining excess cash may involve subjective decisions and preferences unique to each customer (e.g. customer maintains assets which are significant and concentrated in one segment vs. the other), outlined below are several factors warranting consideration:
1. Pattern Day Trading Equity - The securities buying power of accounts designated by regulation as Pattern Day Traders (i.e., 4 or more day trades within a 5 business day period) is limited by the lesser of the current or prior day’s closing equity in the securities segment. As such, an election to sweep excess funds to the commodities segment will prevent the inclusion of such funds in this calculation, thereby potentially limiting the capacity to enter new orders. To maximize the use of equity for purposes of entering securities orders, one would need to elect to sweep excess fund to the securities segment. Note that an election to the securities segment will not impair the ability to enter commodities orders as the pattern day trading rules do not apply to such accounts.
2. Insurance – SIPC protection is afforded to assets in the securities segment and there is no commensurate insurance scheme in place for the commodities segment. That being said, balances in excess of the SIPC $250,000 cash sub-limit ($900,000 Lloyd’s cash sub-limit, where applicable) are not afforded coverage. Customers of IB Canada and IB UK are also subject coverage rules as specified by CIPF and the FSCS, respectively.
3. Interest Income – all other things being equal, customers are likely to receive the most optimal interest income on long cash balances that have not been partitioned between the securities and commodities segments as they are not aggregated for interest credit purposes (since they are subject to distinct segregation pools and reinvestment rules). This, along with the fact that credits require maintenance of a minimum cash balance and that higher balances are afforded preferential rates are factors to be considered when making a sweep election.2
Other Relevant Knowledge Base Articles:
A Comparison of U.S. Segregation Models
A Comparison of U.S. Segregation Models
Footnotes:
1As OneChicago single stock futures are a hybrid product jointly regulated by the SEC and CFTC, they can be purchased and sold in either account type. IB, however, conducts such transactions in the securities segment of the Universal account as this is necessary to provide margin relief between the single stock future and any qualifying stock or option position.
2Consider, for example, an account which maintains a long USD balance of $9,000 in each of the securities and commodities segments. Depending upon the benchmark Fed Funds Effective rate, the account would be eligible to earn interest on $8,000 ($18,000 - $10,000) if the two balances were held in a single segment, but since balances below $10,000 in either of the two segments are not eligible for interest, could not earn anything without electing a sweep option. Similarly, one would be eligible to earn interest at a higher tier if as a result of a sweep election the account holder was then able to achieve a long USD cash balance above $100,000 in a given segment. For additional information regarding interest calculations including a link to current benchmark interest rates, refer to KB39.
銀行送金による出金方法
ご出金いただく場合は、アカウントマネジメントより出金指示をご入力ください。
<アカウントマネジメントのメニューが左側に表示されている場合>
アカウントマネジメントへログインし、Funds Management（資金管理）、Fund Transfers（入金・出金）を選択してください。
※画面上部に表示されております国旗を選択することでメニューの言語切替が可能です。
<アカウントマネジメントのメニューが上部に表示されている場合>
アカウントマネジメントへログインし、Funding（入金・出金）、Fund Transfers（入金・出金）を選択してください。
※画面右上に表示されております世界地図をクリックすることでメニューの言語切替が可能です。
1． 表示される画面上でTransaction（入金・出金）より「Withdraw Funds（出金）」、Method（方法）より「Zengin Wire（国内送金）」、Instruction（指示）より「Add New Instruction（出金先の新規登録）」を選択します。
※ IBSJ口座（国内商品取引口座）をお持ちのお客様は、上部にございます日本の国旗をクリックすることでメニューを日本語に変換できます。
※ IBLLC口座（海外商品取引口座）をお持ちのお客様は、Transactionより「Withdrawal Funds（出金）」、Methodより「Wire（電子送金）」、Instructionより「Add New Instruction（出金先の新規登録）」を選択してください。
2． 次にCurrency（通貨）、Bank Location（銀行所在地）、Bank Account Number（銀行口座番号）、Account Type（口座種別）、Bank/Branch code（銀行および支店コードをスペースなしで続けて入力）等の情報を入力する画面が表示されます。これらの情報をご入力後、「Continue（次に進む）」をクリックしてAmount（金額）をご入力ください。出金確認ページを完了しますと、お客様の出金リクエストは担当部署にてレビュー後、処理されます。
※ IBLLC口座（海外商品取引口座）をお持ちのお客様には、Currency（通貨）、Bank Location（銀行所在地）、Bank Account Number（銀行口座番号）、SWIFT code（SWIFTコード）等の情報を入力する画面が表示されます。
※ マネーロンダリング防止の取り組みとして、弊社からの出金は全てお客様のIB口座名義にて出金処理されますのでご了承ください。
この他ご不明な点がございましたら、カスタマーサービスまでお問い合わせください。
www.interactivebrokers.com/en/p.php?f=customerService&ib_entity=llc
How to withdraw funds via bank wire transfer
To make a wire withdrawal to your bank account you will first need to register a new withdrawal instruction through Account Management.
<If your Account Management has menus on left side>
Once logged into Account Management, select the Funds Management and then Funds Transfers menu options. ※ You may change languages by clicking a flag shown on the top.
<If your Account Management has menus on top>
Once logged into Account Management, select the Funding and then Funds Transfers menu options.
※ You may change languages by clicking a gray global map on the right top of the screen.
1． From there you will select the Transaction Type of "Withdrawal", the Method of " Zengin Wire ", the Instruction of "Add New Instruction".
※ If you are IBLLC customers, you will select the Transaction Type of "Withdraw Funds", the Method of "Wire", and Instruction of "Add New Instruction".
2． You will then be prompted to input Currency of denomination, Bank Location, Bank Account Number, Account Type, and Bank/Branch code (no space between bank and branch codes). Once that information has been input, click "Continue" button to enter withdrawal amount. After confirmation page, your withdrawal request will be reviewed and processed.
※ IBLLC customers will be prompted to input your receiving bank details including Currency of denomination, Bank Location, Bank Account Number and SWIFT code of your bank.
※ Please note that all withdrawals will be sent in the name of IB account holder in accordance with anti-money laundering regulations.
Should you have further questions, please contact one of our Customer Service Centers.
www.interactivebrokers.com/en/p.php?f=customerService&ib_entity=llc
IRA: Charitable Donations from IRAs
Overview:
IRA owners 72 or older may request an IRA distribution to be paid directly to an IRS “qualified charity” and may satisfy a required minimum distribution (RMD) with the withdrawal. Unlike the RMD paid directly to the IRA owner, the QCD is excluded from your taxable income.
Charitable Distributions
What is a Qualified Charitable Distribution (QCD)?
How to determine if a charity can receive the QCD
Where can an IRA owner find additional information on QCDs?
Withdrawal Processing
When can I submit my withdrawal?
Can IBKR customers submit a QCD withdrawal online?
What amount may be withdrawn? Why?
Where are the funds disbursed?
Does the distribution count towards the Required Minimum Distribution (RMD) amount?
Eligible IRA Accounts
Is the Charitable Distribution allowed from all IRAs held at IBKR?
Are the QCDs allowed from other IRA and retirement plans not held at IBKR?
QCD Tax Reporting
How is the QCD reported to the IRS?
Can any taxes be withheld from the distribution?
Do federal taxes have to be paid on the distribution?
Does a state or municipal tax have to be paid on the distribution?
Charitable Distributions
What is a Qualified Charitable Distribution (QCD)?
An otherwise taxable distribution from an eligible IRA owned by an individual 72 or older paid to an IRS qualified charity.
How to determine if a charity can receive the QCD?
The IRS Exempt Organizations Select Check allows users to "Search for Charities" among a list of organizations eligible to receive tax-deductible charitable contributions.
Where can an IRA owner find additional information on QCDs?
Visit Charitable Donations for IRAs for additional information on qualified charitable distributions. See also IRS Publication 590-b.
Withdrawal Processing
Account holders may submit a third party withdrawal from your IRA to a charity at any time via Client Portal. Any request designated as third party is subject to legal and compliance review. Therefore, we recommend that you allow enough time to meet the year end IRA withdrawal deadline.
As the circumstances associated with each request tend to be unique, IBKR cannot provide any assurance as to how long the review process will take or even whether the request will be approved at the conclusion of the review.
Can IBKR customers submit a QCD withdrawal online?
Yes. Account holders submit third party withdrawal requests via Client Portal.
What amount may be withdrawn? Why?
IBKR will process the withdrawal for any amount, as long as the account has sufficient available funds. Why? Although the QCD donations to the charity must not exceed $100,000 per year to retain QCD status, charitable gifts may exceed this limit.
Where are the funds disbursed?
Funds are made payable to the IRS qualified charity and mailed direct to the charity. Only funds disbursed to the charity can be designated from your IRA as a QCD.
Does the distribution count towards the Required Minimum Distribution (RMD) amount?
Yes
Eligible IRA Accounts
Is the Charitable Distribution allowed from all IRAs held at IBKR?
No, see the list below. IRA owners should contact a qualified tax advisor about how to preserve QCD tax benefits. Not all distributions are created equal. A tax advisor will be able to assess an IRA owner’s best choice.
Traditional IRA > YES
Rollover IRA > YES
Roth IRA > YES
Inherited IRA > YES, if the beneficiary is at least age 70 1/2
SEP IRA > NO
Education IRA > NO
Are the Charitable Distributions allowed from other IRA and retirement plans not held at IBKR?
No, not directly. Retirement plans, employer sponsored SEP IRAs, and Simple IRAs (account classifications not held at IBKR) are not eligible for a QCD election. IRA owners may be eligible to rollover assets from these plans into a traditional, rollover, or Roth IRA to request a charitable distribution. IRA owners should contact a qualified tax advisor or their retirement plan administrator.
QCD Tax Reporting
How is the QCD reported to the IRS?
IBKR will report the charitable distributions on Form 1099-R when issued. See Reports and Dates for 1099 availability dates.
Can any taxes be withheld from the distribution?
No.
Do federal taxes have to be paid on the distribution?
Generally, federal taxes are not paid with QCDs. But distributions in excess of the IRS limit may be subject to income tax. IBKR recommends that customers contact a qualified tax advisor.
Does a state or municipal tax have to be paid on the distribution?
Contact your tax advisor or local tax authority on state and municipal requirements for the distributed amount.
Disclaimer: IBKR does not provide tax advice. These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any international, federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor. We recommend that you consult a qualified tax advisor or refer to the U.S. Internal Revenue Service.
