Start a Fully-Electronic Application

Instructions

If you are a Broker Master User you can invite your clients by email to submit account applications electronically..

Use Contacts to start a new client application and it will pre-populate with your client’s data before you send it.

Click the Send Application Invite icon.

  1. Click Menu in the top left corner > Home > select Add Account on the right hand side of the page > The Application Type page opens.

    Image of the applciation type panel in Portal.

  2. Click Fully Electronic Application, then Continue.

    The Client Invitation page opens.

  3. Enter the client's name and email address and click Continue.

    Image of the fully electronic client details panel in Portal.

  4. To use a Client Fee Template

    Select a Fee Template and Effective Date > Press Continue

    Image of the choose client fee template in Portal.

    A summary of the fee will populate below. Press Continue to save your changes.

    Select the Fee Strategy from the drop-down menu

    • Do Not Charge Fees for Managing this Account - An Advisor chooses not to charge his or her clients a fee for services rendered.

    • Charge Fees for this Account Outside of IBKR - An Advisor chooses to charge his or her clients a fee outside of IBKR.

    • Charge Fees or Managing this Account - A calculated fee is automatically billed to the client's account with blanket client authorization. Be aware that Automatic Billing is subject to certain caps and limitations.

    Brokers can choose one of several client fee methods:

    • Annualized Percentage of Net Liquidation Value

    • Annualized Flat fee

    • Percentage of P&L

    • Fee Per Trade Unit

    • Invoicing

    For more information on configuring client fees click here.

  5. Review the invitation and click Continue to save.

    Image of the invitation review in Portal.

  6. An email is sent to the client, inviting him or her to complete an account application electronically.

    Image of the advisor client invitation in portal.

  7. The client clicks Start Electronic Application and continues. When finished, the client will need to upload proof of ID and proof of address, sign the application electronically, and submit it for approval.

 

 
Additional Resources

Learn About Broker Portal Client Applications at IBKR Campus

Visit the IBKR Broker Portal Website