Accounts

  • Fully Disclosed Client (Individual, Joint, Retirement, Org, Trust)

  • Advisor Client (Individual, Joint, Retirement, Org, Trust)

  • Non-Disclosed- NonQI Client (Individual, Joint, Org, Trust)

  • Non-Disclosed- QI Client with Trading (Individual, Joint, Org, Trust)

  • Non-Disclosed- QI Client with No Trading (Individual, Joint, Org, Trust)

XSD

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<xsd:complexType name="Accounts" minOccurs="1" maxOccurs="1" />
<xsd:element name="Account" minOccurs="1" maxOccurs="1" />
<xsd:sequence>
 <xsd:attribute name="external_id" type="String" use="Required" />
 <xsd:attribute name="base_currency" type="base_currency" use="Required" />
 <xsd:attribute name="margin" type="margin" use="Required" />
 <xsd:attribute name="multicurrency" type="Boolean" use="Optional" />
 <xsd:attribute name="IRA" type="Boolean" use="Required for Retirement Accounts" />
 <xsd:attribute name="IRA_type" type="IRA_type" use="Required if IRA=true" />
 <xsd:attribute name="AccountType" type="AccountType" use="Required for IB-AU clients" minOccurs="0" />
 <xsd:attribute name="alias" type="String" use="Optional" />
 <xsd:attribute name="stock_yield_program" type="Boolean" use="Optional" />
 <xsd:attribute name="drip" type="Boolean" use="Optional" />
 <xsd:attribute name="client_active_trading" type="Boolean" use="Optional" />
 <xsd:attribute name="limited_options" type="Boolean" use="Optional" />
 <xsd:attribute name="property_profile" type="String" use="Optional" />
</xsd:sequence>

Parameters

Name

Type

Description

external_id

String; max characters 64

Identifier for the account. This will be specified by the counterparty.

base_currency
AUD DKK ILS NZD TRY
CAD EUR JPY PLN USD

CHF

GBP

KRW

RUB

ZAR

CNH

HKD

MXN

SEK

  

CZK

HUF

NOK

SGD

  

 

Base currency for the account.

 

multicurrency

true

false

Indicate if this account is multi-currency capable.

IRA

true

false

Indicate if this is a retirement account. Only applies to legal residents of the United States and Canada.

alias

String

Max number of characters is 80

Nick name for the account. If you create an account alias, the alias will replace the IBKR Account number on account statements, portal, and TWS.

margin

Cash

CASH

Margin

MARGIN

RegT

REGT

PortfolioMargin

PORTFOLIOMARGIN

Type of margin rules to be applied to the account. 

Cash: No margin capabilities.

Margin/RegT: Rule based margin and offers 4:1 leverage intraday and 2:1 leverage overnight.

Minimum Equity: $2,000

Portfolio Margin: Risk Based Model and can offer anywhere from a 6:1 leverage for a diverse portfolio; and down to a 3:1 leverage for a more concentrated portfolio.

Minimum Equity: $100,000

If the account falls below $100,000 the account will be in close only mode.

 

Note: Margin Trading is not available for Australia Residents or accounts underneath IB-AU. For IB-AU accounts, it will always be margin="CASH"

AccountType

Investment

Trading

Investment: For individual investors with 2K AUD minimum deposit and minimum liquid net worth of 20K AUD. No margin trading, limited options, unleveraged spot forex, and some low leverage derivatives trading allowed.

Trading: Individual investors with a minimum of 10K Deposit AUD and minimum liquid net worth of 100K AUD or 20K AUD + 50K AUD minimum income. No trading on margin but limited options and unleveraged spot forex.

IRA_type

RI

RO

RT

SP

TH

RH

SH

TFSA

RRSP

SRRSP

Applicable for United States residents only:

  • RI= Traditional New

    RO = Traditional Rollover

  • RT = Roth New

  • SP= SEP New

  • TH = Traditional- Inherited

  • RH= Roth- Inherited

  • SIMPLE

Details: https://www.interactivebrokers.com/en/index.php?f=14429

Applicable for Canadian residents only:

  • TFSA= Tax Free Savings Account.

  • RRSP = Registered Retirement Savings Plan.

  • SRRSP= Spousal Registered Retirement Savings Plan.

Details: https://www.interactivebrokers.ca/en/index.php?f=13406&p=tfsa

stock_yield_program

true

false

Flag to indicate if the account will enroll in IBKR's Stock Yield Enhancement Program.

The Stock Yield Enhancement program provides customers with the opportunity to earn additional income on securities positions which would otherwise be segregated (i.e., fully-paid and excess margin securities) by permitting IBKR to lend out those securities to third parties. Customers who participate in the program will receive cash collateral to secure the return of the stock loan at its termination as well as interest on the cash collateral provided by the borrower for any day the loan exists.

Eligibility

For Fully-Disclosed and Advisor Clients Only:

limited_options

 

true

false

Indicate if limited options trading is elected . Default is "False"

Limited option trading is also available with ANY Investment Objective. Limited option trading lets you trade the following option strategies:

  • Long Call or Put

  • Covered Calls

  • Short Naked Put: Only if covered by cash

  • Call Spread: Only European-style cash-settled

  • Put Spread: Only European-style cash-settled

  • Long Butterfly: Only European-style cash settled

  • Iron Condor: Only European-style cash settled

  • Long Call and Put

drip

 

true

false

Flag to indicate if the account will subscribe to Dividend Reinvestment Plan.

IBKR offers a dividend reinvestment program whereby accountholders may elect to reinvest qualifying cash dividends to purchase shares in the issuing company.

Eligibility

If drip="true" THEN additional forms are required for approval. Please see Agreements and Disclosures.

client_active_trading

true

false

Flag to indicate if the account owner will actively trade.

Advisor Clients: The default value is false. If set to true, the account holder will have access to placing trades directly.

Broker Clients: The default value is true. If set to false, the account holder will not have access to placing trades. Meaning, all trades will need to be placed by the broker.

property_profile String Assign specific session properties to an account. This feature is available by request only, contact dam@ibkr.com to use this feature.
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Individual
<Accounts>
<Account external_id="Individual_Account" base_currency="USD" multicurrency="true" margin="Margin">
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Retirement
<Accounts>
<Account external_id="IRAAccount" base_currency="USD" multicurrency="true" IRA="true" IRA_type="RO"  margin="Margin">
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IB-AU client
<Accounts>
<Account external_id="Australia" base_currency="AUD" AccountType="Investment" multicurrency="true" margin="Cash">