Interactive Brokers Account Type

　　Interactive Brokers offers several types of brokerage accounts tailored to different investors' needs. The primary account types include:

• Standard Account:
• Minimum Balance: $0
• Commissions: $1.00 per trade
• Spreads: Starting from 1.0 pips
• Instruments: Offers access to over 80 instruments including stocks, ETFs, options, and futures.
• Maximum Leverage: 1:400
• Pro Account:
• Minimum Balance: $25
• Commissions: $12 per standard lot
• Spreads: Starting from 0 pips
• Instruments: Similar to the standard account with additional features for active traders.
• Maximum Leverage: 1:400
• VIP Account:
• Minimum Balance: $100,000
• Commissions: $0
• Spreads: Starting from 0.6 pips
• Instruments: Access to a wide range of trading products.
• Maximum Leverage: 1:400
• VIP Pro Account:
• Minimum Balance: $100,000
• Commissions: $6 per standard lot
• Spreads: Starting from 0 pips
• Instruments: Comprehensive trading options available.
• Maximum Leverage: 1:400

　　

Interactive Brokers Broker Account Opening Process

　　Opening an account with Interactive Brokers involves several straightforward steps:

• Open Your Brokerage Account:
• Complete the online registration form, providing personal details and investment experience.
• Upload required identification documents for verification.
• Deposit Money to Your Account:
• Fund your account via bank transfer, credit/debit card, or electronic wallets.
• Most brokers do not impose a minimum deposit requirement.
• Find and Buy Your Shares:
• Search for the desired stock (e.g., Marriott, symbol: MAR) in the trading platform.
• Enter the number of shares you wish to purchase and execute the buy order.
• Review Your Investment Regularly:
• Monitor the performance of your investments and make adjustments as needed.
• Utilize various order types to manage your holdings, such as market or limit orders.

　　For more detailed information, refer to Interactive Brokers.