Account Configuration

The Configuration panel on the Account Settings screen lets you configure the following account settings:

• Account Alias - Define an alternate name for your account that is easier to remember than your Account ID.

• Account Type - Upgrade your Cash account to a Margin account, or upgrade your Margin account to a Portfolio Margin account.

• Excess Funds Sweep - Configure how you want us to handle the transfer of excess funds between the Securities and Commodities segments of your account.

• Paper Trading Account - Sign up for a paper trading account, which lets you trade in a simulated environment.

• Account Transfer - Transfer all assets from your account to an eligible destination account

• Account Inheritance - Register one or more Transfer on Death beneficiaries to whom you want to directly pass your account assets upon your death without having to go through probate.

• Manage Administrators - View, add, or remove Administrators to your account.

• IBKR Pricing Plan - Modify your commission plan.

• Refer a Friend - The Refer a Friend Program lets you send an invitation to somebody you know to open an account with us, and in return you may receive a payment of up to $200.

• Refer a Friend Status - View the status of referrals sent to friends

• Securities Class Action Recovery - Enroll in Litigation Recovery Service for eligible securities.

• Manage Account Linking - Create a new linked account, link existing accounts, move your account to an Advisor-managed account, or divide your account into multiple partitions.

• Close Account - Close your account.

• Large Trader ID - Configure your account to use your SEC Large Trader ID number(s).

Your Client Type and Legal Residence are displayed at the top of the Configuration panel.