Prop Trader Onboarding
Proprietary Trading Groups Welcome Center
IBKR offers trading, clearing, custody and reporting with no long-term contract required.
This page provides information and resources to help you configure and customize your account, onboard, and manage clients, fund accounts, subscribe to market data, run reports, trade and more.
Getting Started
Portal serves as a one-stop destination for managing accounts, viewing account balances, P&L and key performance metrics, funding accounts, reporting, and more. Portal is always available from the Login button on our website.
Welcome to Your New IBKR Institutional Account
Configuring Your Account
User Access Rights
Once your account is approved and opened, your organization's security officer(s) can create and add users to an account, manage user access to account trading, reporting, funding, and settings, and configure client-specific access.
Creating Users & User Roles Tutorial
Account Funding & Structure
Account Funding
The Transfer & Pay menu in Portal provides resources to let you transfer funds, transfer positions, and check transaction status and history. Additionally, you can submit withdrawals for both your master account and sub accounts.
Our website provides an overview of funding methods available to clients.
Multiple Authorizers for Money Movements, Position Transfers & Access Right Changes Tutorial
Prop Trading Account Structure
IBKR offers Proprietary Trading Group accounts for corporations, partnerships, limited liability companies and unincorporated legal structures.
Organization Account
A single trading account with one or more users. Multiple users can view and modify other traders' activity.
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User
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User
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User
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Trading Account
Separate Trading Limit Account
Multiple, linked accounts all in the name of a single entity. Assets in all accounts are owned by the entity account holder. Each account has its own trading limits and can have its own trading strategy.
Master, sub accounts and users are part of the same legal entity.
Funds are deposited in the master account and transferred between the master and sub accounts to control individual trader limits.
Initial margining is determined for each individual account, while maintenance margining is determined at a consolidated account level.
Master users can set trading limits on individual sub accounts based on order size and value.
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Supervisory User
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Supervisory User
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Supervisory User
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Master Trading Account
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Sub Account
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Sub User
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Sub Account
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Sub User
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Sub Account
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Sub User
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Performance & Statements
Performance & Statements
The Performance & Statements menu in Portal provides access to PortfolioAnalyst®, standard Statements, Flex Queries, Tax Documents and more.
- Transaction Cost Analysis (TCA): TCA tracks the quality of your orders' transaction prices versus market conditions either at the time the orders were submitted or after the trade executes.
- Tax Optimizer: Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Reporting Tools for Advisors Tutorial
Account Security
Account Security
We are committed to protecting accounts from fraudulent practices. Prop Traders need to be authenticated with our Digital Security Card+.
iOS Tutorial:
Please note that Clients of Prop Traders can download the iOS Mobile App, however, Prop Traders do not have direct access to this tool.
IBKR Mobile authentication (IB Key) - Two-Factor Authentication - iPhone© Tutorial
Android Tutorial:
Please note that Clients of Prop Traders can download the Android Mobile App, however, Prop Traders do not have direct access to this tool.
IBKR Mobile authentication (IB Key) – Two-Factor Authentication – Android® Tutorial
Configuring Global Market Data
Global Market Data
Use the Settings menu in Portal to manage your market data, research and news subscriptions. We provide real-time streaming market data for free or at the price we are charged by the exchange and offer access to dozens of free and premium market research and news providers.
Subscribing to Market Data, Research, and News Tutorial
Trade Your Account
Trader Workstation (TWS)
Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility.
Navigating the TWS Advisor Setup Window Tutorial
IBKR ATS
Customers can direct US stock orders to the IBKR ATS destination to add liquidity. Orders directed to IBKR ATS are automatically tagged as "not held" orders, and are posted in IBKR's order book where they are eligible to trade against incoming SmartRouted orders that are marketable against them.
A variety of order types are available for posting liquidity in IBKR ATS, including Pegged-to-Midpoint, Pegged-to-Best, Relative/Pegged-to-Primary, and Pegged-to-Market, as well as priced limit orders.
How to Access Interactive Brokers’ Automated Trading System (IBKRATS) Tutorial
IBKR APIs
From easy-to-use Excel API to IBKR’s industrial strength FIX API, IBKR offers APIs for every experience level.
Introduction to the TWS Excel API & Initial Setup Tutorial
IBKR Mobile
Easily trade and monitor your IBKR account on-the-go from your iOS or Android device (tablet or smartphone).
iOS:
Getting Started with IBKR Mobile on the iPhone® Tutorial
Android:
Getting Started with IBKR Mobile on the Android© Tutorial
Other Features
Account Window
A configurable window in TWS for monitoring every aspect of your account activity.
Monitoring Positions and the Account Window Tutorial
Monitor Positions
The Monitor panel on the TWS houses your watch lists and your Portfolio page so you can quickly access a real-time view of your positions, P&L, liquidity, margin requirements, etc.
Monitoring Positions and the Account Window Tutorial
Block Allocations
Use our Order Allocation Tool to transform and streamline the creation, execution and allocation of group orders. Develop and deploy investment strategies in minutes across multiple client accounts with a single order, to capture opportunities in volatile markets. Alternatively, you can create Allocation Groups to allocate trades to groups of accounts based on shares, percentages, ratios.
TWS Allocation Order Tool Tutorial
Rebalance Portfolio
Use the TWS Rebalance window to rebalance your portfolio based on the target percentages you enter.
Rebalance Portfolio for Advisors Tutorial
Paper Trading Account
Use the full range of trading facilities in a simulated environment using real market conditions.
Signing up for a Paper Trading Account Tutorial
Investors' Marketplace
The Investors' Marketplace lets brokers advertise their services to IBKR clients and connect with third party suppliers of technology, research, consulting and investment services. Our website provides an overview of funding methods available to clients.
PortfolioAnalyst
Use Portal to access PortfolioAnalyst, a comprehensive portfolio management tool that helps you quickly and easily consolidate clients' financial information from any financial institution to gain a complete portfolio view, including assets held-away.
PortfolioAnalyst Overview
Pre-Trade Compliance
Use the Pre-Trade Compliance (PTC) tool to set trading restrictions and controls on the account or individual users with account access.
Setting Trading Restrictions via Pre-Trade Compliance Tutorial
For information on other features, including Trade in Fractions, IBKR GlobalAnalyst, the Bonds Marketplace and Mutual Fund Marketplace, visit our Features in Focus webpage.
View All Features in FocusSupport Resources
Frequently Asked Questions
Looking for an answer? Browse our extensive inventory of frequently asked questions.
IBKR Campus
Learn about the tools, markets and technology available to you as a broker on the IBKR Platform. Stay on top of market events at Traders Insight, learn about programming at the Quant Blog, subscribe to our Podcast channel for interviews and audio articles covering the world of finance, or sign up for a complimentary webinar.
Global Product Offering
Invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform.
Support for Institutions
Browse our support page for instructional videos, user guides, release notes and information on connecting with us.