Hello IBKR users!
I’m quite new to the platform so here’s a newbie’s question:
- Where can I find the currency of an ETF or stock in the mobile IB app?
I can only see the code of the exchange (i.e. ARCA, EBS, AEB…)
Merci!
Hi everyone,
Regarding the Stock Yield Enhancement Program. how can I check which of my shares are being lent out and how much I am making from it?
Thank you!
Check “Activity” statement for a given month in the past or “month to date” for the current month. Or a custom range of dates.
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Le ding stock, is it safe ? What are the risks ?
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I am newbie to Interactive Brokers.
I am trying to buy VT stock, but as it’s domiciled in USA, they told me as a Swiss Resident I can’t buy US ETFs.
Do you know the work around for that?
Check trading permissions first?
Which IB entity you are with? Should be UK.
Would be good to have an exact text of the error message, because if this is really what you imply, it’s bad for all of us.
Nah there’s been many people with that issue, it’s usually permissions or people who ended up at one of the other subsidiaries.
(But support is often not aware that CH is different from EU and gives misleading answers)
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…or a cash account with insufficient (settled) USD.
Is there a way to change the permissions?
From the IB user interface you can decide on which markets and with which securities you want to trade
Here’s a fun fact, that a dummy like myself didn’t know. The regular trading hours of NYSE & NASDAQ are 09:30 to 16:00 EST (15:30 to 22:00 CET). But the extended hours span 04:00 to 20:00 EST (10:00 to 02:00 CET).
I heard about extended trading hours before, but I didn’t know it’s available to everybody and the the liquidity is quite ok (funny how you can live without questioning some assumptions…). In IB you just need to toggle the “extended hours” switch when placing an order, and you don’t have to wait until 15:30. Here a price chart for TSLA, with extended hours in pink.
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I word of warning here from someone who used to watch pre- and post-market trading hours for several stocks: make sure to know what you are doing! And then make some paper trades first.
If you use a really liquid stock (like TSLA in your screenshot), most probably it’s ok. For other stocks, you can really get fucked.
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Also, Absolutely never enter market orders in after hours, you will absolutely be front-run by HFTs, and be scalped by how much they can get away with
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OK, fair warnings. Yes, I put a limit order and used the price management algo of IB. I guess it protects you to some extent from these malicious attacks. And before I placed the order, I had a look at the price chart from previous days to see that there are no wild price swings outside regular trading hours.
Buying more TSLA, are you? 
Let’s say I’ve bought enough, already. Now it’s just time to patiently wait.
I have a dummy 
question regarding the order types on IB: I would like to sell an ETF as soon as it reaches a specific price. As far as I understand I would use a “limit” order type to achieve that but if it this does not happen on the specific day I enter that order it gets deleted and I need on the next day to enter that order again, and so on. Which order type should I be using instead?
I checked the IB online documentation about the order types but there are so many and it is super confusing…
“Limit” type is correct. You should select duration “Good tll Cancelled”.
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For curiosity :
We do not have live data when we trade, but let’s imagine you go check on Yahoo Finance or somewhere else where you have live data and input a market order. In this case, it is rooted to ARCA so it doesn’t matter if you have live data or not, you get the price of the exchange live anyway. Same for limit order, right ?
As for the fee model, I haven’t really questioned the Fixed plan I had since inception. But, it seems tiered is more avantageous. Currently I invest monthly 2K in ETF (VT) and 1K individual stocks (US), so 2 orders total fee 0.7. Fixed will be 2. That’s not a significant difference, but I don’t really see in which case it will be avantageous to have the Fixed plan.
And a last question : Do you pay more importance to MWR or TWR ?