Interactive Brokers: 9 Important Setups for New Users (Beginners MUST Watch)

[@almasdedanwala8996]

very informative - was using fixed pricing- thanks to your video made the necessary changes - hopefully now on a better investing and making money.

[@ZietInvests]

Glad it helped!😁

[@ZeeSlans]

Omg thankyou so much. I started yesterday and noticed that my order for 50 euro on an ETF. There was an 3 euro fee, i thought it would have been like 1.26/30 or sum. So thank you so much i did some research and looked at your video!

[@maaassii35791]

Thank you so much Ziet!! i was struggling to understand what is better between fixed and tiered and this video helped me so so much.

[@ZietInvests]

Haha you're most welcome Max!!

[@danielloo3317]

Thanks for a very detailed video... Need all the help for a newbie to IBKR.

[@danielloo3317]

Hi, Ziet and all, The mobile Menu has changed slightly since the video. To change the order size, after Trading settings / click Trading Presets and the rest of the video applies. I find it good to set to 1, as one may accidentally buy/sell at 100, althought there are further screens to us to check [sometimes we dont ] before execution.

[@RustedNation]

thank you kind sir and thanks Ziet

[@zanamarigold6073]

Thanks Ziet for creating this informative video.

[@ZietInvests]

🫶🏻

[@markom001]

Thanks Ziet, great IBKR tips. Happy New year, best wishes✌

[@ZietInvests]

Glad you liked it Marko! Happy new year 🎉🎉🥳🥳

[@asrajesh]

Thanks a lot! Your video is very helpful!!

[@ZietInvests]

You’re most welcome rajesh! See you in another video🥰

[@sambadiop4740]

Thanks much Ziets for the stream, very helpful

[@ZietInvests]

So glad this helps!!

[@anthonyjolen]

Thank you! Very helpful tips. Delivery is simple and to the point! I like!

[@humbertofaria7701]

Thanks a lot Ziet. The information were so helpfull.

[@ZietInvests]

you're most welcome my friend!

[@Technics_Trader]

Great video you explained everything i needed to know many thanks sir

[@ZietInvests]

Niceeee, so glad this was helpful!

[@eduardo33]

HAPPY NEW YEAR ZIET 🎊🎊

[@ZietInvests]

Happy new year Eduardo!!🥰🥰

[@bernardlee4186]

So good and easy to follow.

[@ZietInvests]

Glad you liked it Bernard!✌🏻✌🏻

[@simpledz]

Thanks 🙏 for the effort Please how turn off the two factors authentification

[@ZietInvests]

Hi there, i dont think there's a way to turn off 2FA, maybe in the account settings? Or try asking the live chat support, hope this helps!

[@sidb9540]

Extremely helpful! thank you!

[@ZietInvests]

you're most welcome!

[@sbmartinbergeron396]

Very informative, thx for the video.

[@ZietInvests]

Glad it was helpful!

[@mrretired2715]

Excellent. Pls do more ibkr videos

[@ZietInvests]

Will do!

[@travisyon6840]

Great video. Thank you.

[@ZietInvests]

So glad to know you liked it!!

[@alexsim3646]

Great video, very useful for me. Keep it up!

[@ZietInvests]

Glad you find it useful!

[@simaocranmer2949]

Great video! Thanks!

[@ZietInvests]

You’re most welcome my friend!!

[@danielloo3317]

Hi Ziet, Great Detailed Easy to follow and Clear videos... Alot of effort for each video and the time to do it. Great Job... Have a question on Funding. Just started with IB from TOS. If my currency is SGD, and I have USD cash and Stock holdings / trading in US stocks (continuosly), what should I set as my base currency in the setting, to minimise forex conversion ? Appreciate your advice

[@hawkhao4221]

Wish i could have watched this earlier, espeically the tiered vs fixed pricing! Great video Ziet! I wonder if there's a way to change the average price method from weighted FIFO average to simple average? ie selling stock no longer changes the average price unless new amount is purchased?

[@ZietInvests]

woohoo! hmmm i think you can try "closing" position instead of selling at average price!

[@jessicayuklenglow3892]

Hi Ziet, just to mention the settled cash will be immediate if you have a an approved margin account with IBKR.

[@ZietInvests]

Thanks Jessica! And yes, i was speaking from a cash account perspective 😁

[@samuellee4698]

Hi Ziet! Thank you for all that you do😭 One quick question, is there a feature to check the percentage my stock is down? for example, if my stock avg price is 10usd, and now the share price is 5usd, it's 50% down right... is there a feature for tht in IBKR?

[@ZietInvests]

Yes! It should be called unrealized p&L %, edit the column in your portfolio

[@ryanedwards1276]

You are so helpful brother thank you very much, and for those reading comments, he is legit and a great teacher also

[@ZietInvests]

I appreciate that!

[@BlackAndVarta]

Thank a lot for this video

[@ZietInvests]

You're most welcome my friend! Have a good day ahead!

[@mecoin9513]

So good thnx

[@ZietInvests]

Glad you liked it!!

[@christianfleury1522]

Excellent....thank you very much!

[@ZietInvests]

Glad it helped!

[@bubabiwin]

Hi Ziet ! Long time follower. Started IBKR because of ur videos. I tripled my cash acct in just a year and was thinking about trading with margins. Do you have a tutorial on it ? There seems to be a lot of confusion surrounding margin rates and margin currency. Thanks in advance

[@ZietInvests]

Hey Meng Yang, so glad to hear that! I personally dont trade margin and thus dont have any video on them thou :x

[@kevinscott2809]

Hi Zeit. If I want to completely sell all of one stock should I just use the sell button or should I use the close button? Thanks

[@ZietInvests]

Either way works! You can sell all quantity at a price you want

[@odmsixtwonine1527]

Nice video

[@ZietInvests]

Thanks brother!🥰 see ya in other video!

[@cleanoffice550]

great information thank you

[@ZietInvests]

Glad it was helpful!

[@jic9949]

excellent advise

[@ZietInvests]

Glad it was helpful!

[@greedyness]

Nice information 👍👍

[@srivignesh4341]

Great video, Have one more query , Dividend will be credited to bank account or IBKR account? how to check the amount of dividend received history.

[@craigt.6283]

Hi Ziet! Thanks for the informative video! Would just like to ask, is IBKR suitable for beginner investors?

[@ZietInvests]

Hi craig, yes definitely! been using it since Day 1 for my US stock investments and couldnt be happier!

[@davidmarchanvasquez4600]

Thanks for the info Ziet! I have a question, my portfolio return % does not match the actual value. Any ideas why that is?

[@ihungchou]

Hello again from your fan in Taiwan. You mentioned that from minute 11:30 onwards you will be discussing in more detail the fixed and tiered pricing structures but your video doesn't even go that long. I am confused why for the fixed pricing structure there is a maximum fee of 1% of total investment if the fee is fixed at USD1 per trade. Please enlighten.

[@ZietInvests]

Hello from 🇲🇾 Perhaps this video will be helpful for you: kzbin.info/www/bejne/nJDCeZqAh8pmpLc

[@engelberthk]

good job

[@ZietInvests]

thank you!

[@blackchides]

Good tips, thanks

[@ZietInvests]

Glad it was helpful!

[@bharani9947]

Hi, Great video, I'm a UAE resident how should i transfer my money to IBKR account , first i need to funded by AED then convert that one to USD.

[@gamingplaylistsp]

Lovely Video Ziet!!, Im confused though about this settled cash. What if im day trading buying and selling within the same day or a few minutes to hours. how will this settled cash affect me? i can only buy and sell within my initial deposit? then wait 2 days to day trade with more if i make profits?

[@ZietInvests]

Thanks for the kind words! When you sell a security, it typically takes 2 days for the cash to settle. If you're trading with unsettled funds and then sell that same security before the initial sale has settled, it's a "good faith violation". What this means is, for day trading, you'd be limited to the initial deposit until the funds settle. If frequent day trading is your plan, consider looking into margin accounts or try talking to their customer service first. Hope this helps!

[@gamingplaylistsp]

@@ZietInvests thank you so much really! This cleared it up perfectly! You're the best!!.

[@ASITL]

Can you suggest which investment options can be done on IBKR, which can provide safe liquid options for temporary period?

[@adamf.8564]

Dark mode is so cool on phone and pc as well.

[@jaganathpsg7906]

Hi Ziet, This video is so informative, I have a doubt, that I am a UAE resident, can I transfer the money in AED and then convert it into USD in IBKR? Please let me know.

[@ZietInvests]

Hey, thanks for the kind words! Yes, you can transfer in AED and convert to USD in IBKR. They allow currency conversion through their platform, so you should be good to go! 😊

[@jaganathpsg7906]

@@ZietInvests Hi Ziet, great! Thanks for the response ☺️

[@SurJon33]

@@jaganathpsg7906 I hope you’re good,, I’m in UAE , kindly can you teach me on how to trade in IBRK as a beginner,,

[@RazorIsEpic]

Hey Ziet, where is your video for comparing fixed vs tiered pricing plan?

[@ZietInvests]

Hi, here you go, jump to 10:37: kzbin.info/www/bejne/nJDCeZqAh8pmpLc

[@miacapriati7754]

Hi Ziet, I just opened an Interactive Brokers account. For a frequent/active trader only trading US stocks, do you think the fixed or tiered pricing plan will be cheaper? Thank you so much in advance for your input/ explanation. 🙏

[@ZietInvests]

Hi Mia, depends on your volume, usually tiered is cheaper for many people, can check out this video (skip to the cost comparison part): kzbin.info/www/bejne/nJDCeZqAh8pmpLc

[@NewayChanChan]

thanks for sharing

[@ZietInvests]

Cheers!😁

[@czarinasolomon936]

Thank you, Ziet!

[@ZietInvests]

You're welcome!

[@BlaineyM15]

great, very useful video !

[@ZietInvests]

Glad it was helpful!

[@greedyness]

How much for option trading price?

[@nurunyoni7206]

I am getting a message the investment objectives provided does not meet the requirements to trade option while setting an account. How can i navigate that

[@mraulinaitis]

Cannot change the default order size on the new version of the app

[@ZietInvests]

Ah! Try checking the settings on desktop platform? Or try asking the customer support

[@Tykoon]

Interesting videos. Just subscribed. Why IBKR has two Apps in the AppStore? IBKR Mobile and IBKR GlobalTrader. What’s the difference. I would like to trade European dividend companies.

[@ZietInvests]

Hi Mr T, IBKR has 3 actually (IBKR Mobile, IBKR GlobalTrader, IMPACT Mobile app) - essentially they are just doing the same thing except globaltrader and impact is meant for beginners (much simpler UI)☺️

[@RIZ074]

One suggestion to improve your IBKR content is covering placing bracket orders via the chart feature.

[@ZietInvests]

Ahhh trading attachments! Will look into it 😄

[@RIZ074]

@@ZietInvests MooMoo has bracket order feature, however you have to calculate manually. IBKR allows you to program presets, so once you place an order - it auto calculates based on your entry. Tiger Broker still has allot of work to do to improve their platform.

[@sabaasultan5906]

I don't have the option of fractional shares trading. What it can be the reason for that?

[@oceanlee6280]

Hi, ziet, I wonder why you go through trade station global as intro agent to access your ibkr. I did the same previously because it doesn't charge me inactivity fees. But now it seem ibkr also no more charging inactivity fees. Then it become a disadvantage. Because the commision is us 1.5 pee trade rather than o. 35 per trade. When I check the report statement, the address is trade station global, not like yours ibkr UK, I wonder why?

[@mrbobo3706]

Help I dont find Trading permissions in the settings drop down menu. What do I do to start trading. Thanks

[@chewchiayoon7569]

Thx for the nice video of funding the acc. Can we withdraw money from ibkr to wise?

[@ZietInvests]

Yep you definitely can! A withdrawal video coming soon ;)

[@annewungsk72]

Hi Ziet, just to share that fixed pricing under TSG is now USD 1.50.

[@ZietInvests]

Thanks for sharing, LT!

[@linlhin5028]

how to disable confirmation order message? whenever i buy a message popups . how do i disable this? thank you

[@ZietInvests]

I think you can tick “dont remind me again”? Else i dont think can disable :c

[@benbiju7]

Hi, Is it possible to take some of the profits without closing the position?

[@ZietInvests]

Hmmm...technically you need to sell or close position to take profit right

[@danielloo3317]

@@ZietInvests Is there a function, where you sell part of an open position (like you have 2 options, and want to close one of them )? Newbie here.

[@LetPosts]

Hi Ziet my website showing interactive broker australia website why? I want to change to interactive broker uk website

[@jennychoo11]

hi Ziet, i accidentally bought shares using margin but would like to pay it down. How do i pay the margin down as my account now shows and amount in the mntmgn field. If I have positive cash balance in my account does that mean my margin is automatically paid off?

[@GeovaniapillcoConceicao]

Oi Ziet,eu instalei o app mas lá dizem que é apenas simulação

[@ausgaporetan8512]

Hi! May I ask if the unrealized P&L before or after all fees(commissions + taxes etc) ?

[@ZietInvests]

Hi, as far as I know it is before commissions and taxes ya

[@marianmaracine9443]

Heloo!! How you can change customer type if you want to add another person to the same account ??

[@ZietInvests]

Hey! To add another person to your account (such as a joint account) or change the customer type, you’ll typically need to contact your broker’s support team. They might require additional verification or specific documents to make changes like this.

[@samuelaw666]

Hi Zeit. just wondering what is the best broker for day trading if i am just goin to deposit a small amount of 500 and wanna avoid the PDT for IBKR

[@ZietInvests]

Hey Samuel, I believe most if not all brokers have PDT ruling in place, unless they are CFD brokers (which are less regulated, not recommended at all).

[@jakariantoikhmawan2364]

How to manage leverage in IBKR ?

[@ZietInvests]

You can trade on margins in IBKR! Can check your account settings - permissions if you have that enabled (make sure its a margin account), else can also double check with their customer support yea

[@ravimunsamy9104]

How can I get approved for options trading?

[@ZietInvests]

You can go to the account settings and upgrade your trading permissions to include options. Good luck!

[@VijithraSvabalan]

how do we do back testing in IBKR. I m currently learning 0dte trade.any advice for me please

[@ZietInvests]

hey there, perhaps you can check with IBKR's live chat support for this

[@anant0089]

Bro can qty be changed now in TWS?

[@ZietInvests]

Ahh sry Jain but i dont use TWS myself :x you can check with IBKR customer support tho (live chat recommended)

[@凯凯-j2s]

Hi Ziet， good to know you. Check with you, what is the different for tiered and fixed? Look like the are no function for fixed? and i bought ETF VUAA at the price 75, but sudden i saw the avearge become 79. What is the happen? Please help on my doubt. Thanks 😃

[@ZietInvests]

Hey there, you can check this vid at 10:38 for the difference between fixed and tiered pricing: kzbin.info/www/bejne/nJDCeZqAh8pmpLc&ab_channel=ZietInvests

[@pr7749]

Ziet I cannot find IBKR pricing plan settings to be changed. My IBKR settings page is not looking the same like yours... Am I doing something wrong, or there is no longer this function?

[@ZietInvests]

Hey there, yours could be under TSG. Perhaps you can delink.

[@anant0089]

Pls make video how to make stock price alert for interactive brokers or better option than them

[@ZietInvests]

Hey there, you can click into the stock, and there should be a bell button need the buy/ sell button :) Or check out this guide by IBKR here on how you can set alerts: www.interactivebrokers.com/en/software/mobileandroid/monitor/set_alerts.htm

[@soxoncox83]

Anybody knows how to edit average cost of a partcular position in IBKR? thanks in advance

[@ZietInvests]

Hmmm that is automatically adjusted based on your cost position, cannot edit unless you sell certain positions. Can also try asking their customer service on how to fix that (incase i misunderstood you). Have a great day!

[@pauljun9265]

May i ask how to make alert when stock price falls?i couldnt find it.

[@ZietInvests]

Hi Paul, on the web portal, click into individual stock, at the stock page, on the right hand side, there will be buy/sell/watch button, beside it there's an Alarm button :)

[@pauljun9265]

@@ZietInvests should i enable three column layout?

[@irfan83amu]

How many trades are allowed in a week with IBKR Cash account? I sold some stocks yesterday but I am not able to buy new stocks as the amount doesn’t reflect in Buy Power ..it does reflect in available cash

[@ZietInvests]

Hi Irfan, there's no limit of amount of trades actually. But you are unable to buy new stocks so fast because the settlement period is usually about 2 days. So your cash will only be available for trading 2 days later.

[@irfan83amu]

Thanks a lot brother

[@ronharris3411]

​@@irfan83amu this is why it's good to keep a reasonable amount of liquid cash rotating with your holdings. You don't want to be in a position where you have to sell one asset to buy another because you may miss the optimal investment waiting for your sell trade to clear smh

[@bjrnarsimonsen6600]

Hi, do I have to submit the: Form 8-3-6 - Interest Withholding Tax form? I'm not a resident of Ireland but want to invest in some Irish accumulative ETFs. This form is confusing me, so I would appreciate it if you could explain what the form is for and if it's necessary to fill out. Thanks.

[@ZietInvests]

Hey there, this form applies if you are a non-resident of Ireland but tax resident in a country with Double Tax Agreement (DTA) with Ireland, you can use it to reduce/ eliminate your witholding tax. This link should be helpful for you: ibkr.info/node/4687 If you need more assistance, you can always reach out to IBKR support via their live chat! Hope this helps.

[@mohamadfirdaus8775]

Hi ziet..how come i cant trade penny stocks such as aitx on ibkr.

[@ZietInvests]

Hi firdaus, you need to request for trading permission under account settings ya

[@mohamadfirdaus8775]

Thanks ziet for your help

[@mohamadfirdaus8775]

Thanks ziet for your help

[@jamesteh829]

I encountered problems. Can you help me as I am new to IBKR. They said they have call centre s in Asia? Where?

[@ZietInvests]

Hey James, perhaps you can consider their live chat: www.interactivebrokers.com/en/index.php?f=1560&p=chat

[@michalsmolka755]

Hi Ziet, can u tell me please how to transfer IBKR authentificator to a different device? I have old Iphone and want to change autentificator to Ipad ... can u please help me with this quest?

[@ZietInvests]

Hi Michal, you can try logging into your IBKR web portal > account settings > check the 2FA device, i believe you should be able to reset there. If nothing works, contact IBKR live chat, they will be able to assist you!

[@michalsmolka755]

@@ZietInvests u are The best IBKR YTmaker ever man :) thnx

[@michalsmolka755]

@@ZietInvests sorry but i dont see any Check the 2FA device menu :(

[@julietlow]

Hi Ziet , can I add another account under my main account on ibkr. If yes, please do make a video. Thank you

[@julietlow]

On Mobile and web version

[@ZietInvests]

Cann, its under account settings. Will make a video on it!

[@julietlow]

@@ZietInvests thank you! look forward to your video

[@Mahayiii]

Can I open IBKR accounts for my kids (minors) non-US?

[@ZietInvests]

Hey Maha, to my understanding, Interactive Brokers (IBKR) allows minors to open an account but through a custodial account and this is only available to US residents only. Can check the info here or reach out to the support team ya. Link: www.interactivebrokers.com/en/accounts/account-guide.php

[@irenebalili2182]

Please how to change my personal information like my address and current number? Thank u so much

[@ZietInvests]

Hey Irene, you can check out this guide by IBKR themselves on how to do so: www.interactivebrokers.com/en/software/amqs/changeyourpersonalinformation.htm

[@kartiknogia1057]

How to set max number of trades for a day and max daily stop loss. ?

[@ZietInvests]

sry kartik pls check with the lvie chat support as i dont trade with those parameters :x

[@ViYoung912]

Hi Ziet, Current I can deposit USD, CNY and HKD from my HK bank account into my IBKR Account. I would like to desposit GBP from my UK accounts in my IBKR. Is this possible? If so, then how? Thank you in advance.

[@ZietInvests]

Hey there! You can do it through your local bank transfer or WISE. If local bank transfer, just do like what you did for your HKDs.

[@ViYoung912]

@@ZietInvests i am based in HK, so am I only allowed to connect to a local HK bank?

[@shonfoong69]

What is the minimum deposit (USD) for IB ?

[@ZietInvests]

No minimum deposit! even 10 USD will do :)

[@shonfoong69]

@@ZietInvests thanks.

[@playerwatchnation324]

isit true that international investors can only use the pro account

[@ZietInvests]

Yup that is correct. Only US investors can have access to both IBKR Lite and IBKR Pro

[@gparamaeswary7276]

How come l get 35 cents commission for US domiciled stocks but not for cspx( Ireland domiciled)

[@ZietInvests]

Ireland domiciled ETFs are trades on London stock Exchange (UK) - so have to refer UK commission structure, not US

[@gparamaeswary7276]

​@@ZietInvests Thank you for your reply😊

[@johnou6614]

Hey Ziet, thanks for the video. I followed your beginner guide to opening up an IB account. I was wondering if i need to submit a w-8BEN form, since i'm not a US citizen?

[@ZietInvests]

Hi John, I believe you must have signed a W-8BEN form during account registration - don't worry, no need to do anything additional other than that!

[@otmanalami6621]

I request some permissions, then they request for me to submit a passport, please do you have any idea about that!

[@ZietInvests]

Hi Otman, passport is one important verification document for them to approve your trading request in certain financial products - due to compliance issue! You can rest assured your data is well protected with them 😊 Otherwise, you can ask them if you can provide alternative verification document, hope this helps!

[@otmanalami6621]

@@ZietInvests thank you so much Zie... I comment in an other vidéo I hope you would check it 🙏

[@WealthOverFameAndAttention]

i made an account my only concern is if i ever have a issue with withdrawal . Cause there customer service is basically non existent

[@ZietInvests]

Hmmm why would you say so? I always got my questions answered via Live Chat within 10-15 minutes

[@WealthOverFameAndAttention]

@@ZietInvests is there a live chat? when i look its always multi questions. ill sign in now to check .

[@WealthOverFameAndAttention]

@@ZietInvests yh it gives me 1 to 10 ibot questions

[@rajamanickamdilshanth7247]

Hi... I'm willing to trade S&P500 e-mini futures. With the amount for live market data subscription how much I need to start trading?

[@ZietInvests]

I believe 500 usd is the minimum to enable live market data subscription

[@rajamanickamdilshanth7247]

@@ZietInvests can I trade without subscribe to live market data

[@taaemoh]

where is the comparison of minute 11?

[@ZietInvests]

minute 11?@@

[@steffSteffy-i1r]

Hi I'm confuse IBKR BROKERS won't let me trade my total cash account is $3,200 but my BUYING POWER is just $12 Does it means they steal my money? I tried to check WITHDRAWAL its just $12 but of course I know my last balance is $3,200 Can you let me know why this thing happen???

[@ZietInvests]

Your cash settled already? Just funded? Have you converted to the right currency?

[@ivanristovski6584]

First

[@ZietInvests]

🏅🏅🌟

[@Visenyatargaryen00]

Hi I’m very frustrated with interactive brokers I mean I’m trying to find out how to deposited usd from an Canadian bank it’s in usd but won’t let me pic it when filling out form and then I wait and no small deposited to approve that account since it’s in usd and I spent whole day trying to find info on web and I don’t know how to contact customer support please let me know if you have any idea on this and how to contact customer support or if someone else has info do let me know if I can’t deposited or speak to some one I can’t use interactive brokers

[@ZietInvests]

Hi Elena, your issue could be depositing from a multi currency bank account - for which i believe its not a supported feature. No worries, feel free to contact their customer support via their live chat support or via phone call, contacts here: www.interactivebrokers.com/en/index.php?f=1560&p=contact Hope this helps!

[@Visenyatargaryen00]

@@ZietInvests thank you for responding and I hope it does too :)

[@tradingjourni]

Hi, whenever i'm placing my buy order i am getting a prompt "buy 34 SWN NYSE@ 7.31 CASH AVAILABLE(SETTLED CASH): 106; CASH NEEDED FOR THIS ORDER AND OTHER PENDING ORDERS: 249.00 (one of my order). and my order will not push thru. what does this mean? what can i do to avoid this. thanks.