Highlights

Why Interactive Brokers?

Successful traders and investors understand that superior technology and lower trading costs can result in greater returns. For 31 years we have been building direct access trading technology that delivers real advantages to professionals worldwide. With consolidated equity capital of US $4 billion, IB and its affiliates exceed 1,000,000 trades per day. In addition, our prudent and conservative risk policies make Interactive Brokers a safe haven for your money. Discover some of the reasons why IB, the largest independent US broker/dealer, is the professional traders' and investors' choice.

Our premier Java-based Trader Workstation (TWS) incorporates all the tools required to enter, monitor and analyze your trading activity. TWS is available for Windows, Mac and Linux based computers.

Globality

Direct access to stocks, options, futures, forex, bonds and funds on over 70 market destinations in 17 countries from a single screen.
Trade assets denominated in multiple currencies from a single account.
Convert currencies at market determined rates as low as 1/2 PIP wide, or create a position collateralized by a non-native currency.
Stocks, options, futures, forex, bonds, and funds around the world are held and reported in a single IB Universal Account^SM.

Best Trade Execution & Trade Cost

IB SmartRouting^SM is designed to search for the best price available at the time of your order, and unlike other routers, dynamically route and re-route all or parts of your order to achieve optimal execution.
According to The Transaction Auditing Group (TAG), a third-party independent provider of audit services, Interactive Brokers' price execution for Stocks and Options is significantly better than the industry as a whole.
IB independently routes US stock, option and futures spread order legs to the best possible venue or natively routes your combination seeking price improvement, with IB undertaking the risk of partially executed orders.
IB SmartRouting Autorecovery^SM re-routes your options orders in the case of an exchange malfunction, with IB undertaking the risk of double executions.
IB has automated every aspect of the trade process in-house, enabling us to offer ultra low commissions.

Risk Management & Control

Our real-time margin system continuously enforces limits for each account, and automatically liquidating positions if any individual account violates its limits at any time.
IB Risk Navigator^SM, a real-time market risk management platform that unifies exposure across multiple asset classes around the globe.

Trading Technology

Market-maker designed Trader Workstation (TWS) optimizes your trading speed with a single multi-product spreadsheet interface offering real-time streaming quotes and quick click order entry.
Simple, direct connection to our trading system, through the TWS APIs or using our CTCI FIX interface.
Customized order entry modules designed to meet specific trading needs such as options, forex, spread and basket trading.

Financing

Portfolio Margin Accounts, which allow increased leverage with greater safety.
Interest paid on Commodities Margin Collateral.
Single Stock Futures EFPs available as a financing alternative with market determined interest rates.
Competitive interest rates paid on credit and short sale proceed balances.
Competitive interest rates charged on debit balances.

Reporting

Flexible download files available in text or XML format.
Customizable Activity Statements in PDF or HTML format.
Daily Margin Reports detail requirements by underlying.

Interactive Brokers LLC is a member of FINRA - SIPC.

Trader Workstation (TWS)
Gives you a high level overview of all our market-maker designed electronic trading platform has to offer.

TWS Configuration
Most aspects of TWS are configurable – see how easy it is to customize your workstation in this high level highlight.

Featured TWS Technology

Accumulate/Distribute Algo
Minimize market impact for large orders by slicing the order into increments and buying or selling over time, at pre-defined, randomized time intervals. Available for stocks, options, futures and forex.

IB Risk Navigator^SM
The IB Risk Navigator is a real-time market risk management platform unifying exposure across multiple asset classes around the globe. Its easy-to-read spreadsheet interface lets you easily identify overexposure to risk by starting at the portfolio level and providing drill down access into successively deeper levels of detail within multiple report views.

Algos
IB’s growing family of stock and option algorithmic trading strategies help you balance market impact with risk to achieve optimal execution on your large volume orders.

Thomson Reuters Worldwide Fundamentals
Comprehensive fundamental market data on more than 46,000 companies on over 100 exchanges around the globe is seamlessly integrated into TWS. A monthly subscription gives you over 1,000 data fields viewable in TWS and through the socket APIs.

TWS ScaleTrader
TWS ScaleTrader, part of our suite of specialized order management tools, facilitates the execution of large volume orders while minimizing the effects of increasingly deteriorating prices.

BasketTrader
BasketTrader gives you the ability to trade a basket of individual underlying components as a package, and save it for trading at any time.

BookTrader
This deep book window allows you to transmit orders with a single click. Designed for speed.

FXTrader
The FXTrader provides an optimized trading interface with all the tools you need to trade FOREX markets.

OptionTrader
See how this integrated suite of option tools allows you to view data and manage options orders from a single customizable screen.

TWS Analytics Tools

Price/Risk Analytics
Presents a brief outline of our price/risk analytics which includes portfolio analytics with Value at Risk; Option analytics with the Greeks; and an editable option model to calculate option prices.

Technical Analytics
Our technical analysis tools include real-time charts with technical indicators, and market scanners that return the top 20 contracts that best satisfy your search criteria.

Fundamental Analytics
An overview of our fundamental analytics, powered by MarketWatch and syndicated RSS news feeds, including Reuters.

PaperTrader
Practice your trading skills in a simulated environment with IB’s PaperTrader. If you currently have an IB account, you can apply for our paper account.

RealTime Activity Monitoring
Real-time activity monitoring includes both current market information on your portfolio positions and real-time margin reporting.

Streaming News Feeds
Get the latest stories and headlines delivered to your trading window via Reuters, Google, Yahoo! and other RSS financial news feeds.

TWS Trading Tools

AllocationTrader
TWS provides advisors with the ability to automatically pre-trade allocate orders to multiple client accounts based on numerous pre-defined allocation methods.

ArbTrader
Take advantage of arbitrage opportunities (when companies are subject to takeovers or mergers) using IB’s ArbTrader window.

MarketDepthTrader
Market maker designed for large volume orders, this self-contained component facilitates large volume trades using cumulative quantities and average execution price available at a particular price or better.

PortfolioTrader
Simplify periodic portfolio rebalancing using the TWS PortfolioTrader.

SpreadTrader for Futures
See how to create and manage futures calendar spreads and EFPs from a single configurable screen.

ComboTrader
The TWS ComboTrader allows you to create inter-market spreads with legs of stock/stock, stock/option, option/option or future/future.

ChartTrader
Activate the ChartTrader panel from within a real-time Chart, and create, modify and transmit orders without leaving the chart window.

Account Highlights

IB Universal Account
Our IB Universal Account allows you to trade stocks, options, futures, forex, bonds and funds on 70 global market destinations.

Execution Services
Some of the benefits of our Trade Execution Services include direct global access, best trade execution, lower trading cost and optimal trading technology.

Prime Broker Services
Our fully electronic global custody and clearing solution offers sophisticated risk management and control, financing, securities lending and comprehensive reporting.

Institutional Account Structures
Multiple account structures ensure that we can meet the specific needs of your institution. All of our account structures provide pre-trade and post trade allocation, signatory-enforced security, the ability to assign discrete user access rights, and staged order functionality to use third-party order management systems.

Strength and Security
Our technology, our people and our strong financial condition help to protect you from the risk inherent in today’s marketplace, and at the same time help you profit from it through our advanced trading system and ultra low fees.

IB Soft Dollar Commission Program
Offset the purchase costs of many research-related products and services through IB’s Soft Dollar Commission Program.

Portfolio Margin Account
Interactive Brokers customers are able, in certain cases, to increase their leverage beyond Reg T margin requirements.

Corporate Actions
The Corporate Actions page notifies you of all upcoming voluntary and mandatory corporate actions that could affect your portfolio, as far out as three full months.

IBEmployeeTrack^SM
IBEmployeeTrack^SM is a simple, cost-free compliance solution that transmits daily activity reports on all employee-held accounts at Interactive Brokers directly to your legal department. Contact your IB sales representative for more information on IBEmployeeTrack^SM.

Product Highlights

Products Summary
Interactive Brokers offers direct access to stocks, options, futures, forex, bonds and funds on over 70 market destinations worldwide from a single IB Universal Account^®.

Options
Interactive Brokers provides specialized options trading tools, high-powered option and portfolio analytics, ultra low commissions and IB SmartRouting with Autorecovery^SM – and 53 cents per contract better price improvement than the industry as a whole.

Forex
Multiple large forex dealers. In addition, IB’s FXTrader is specifically designed for Forex traders and completely customizable.

Options Trading Desk
Voice brokered options quotes and executions are now available. For order sizes of 100 contracts or greater, our option trading desk can provide verbal quotes prior to exposing your outright and spread orders to the market.

Futures & Future Options
Ultra low commissions and the ability to trade multiple products on market centers around the world all from a single screen.

Commodities
Ultra low commissions and direct market access to global commodity futures and futures options in multiple currencies, all from a single IB Universal Account^SM.

Stocks & ETFs

Get direct access to market centers worldwide with market-maker designed Trader Workstation (TWS). Use TWS BookTrader for single-click order transmission from the deep book data; trade baskets, ETFs, combinations and spreads using our specialized trading modules; take advantage of our integrated technical, fundamental and price/risk analytics tools; choose from over 40 order types to address any trading strategy; execute smart using our dynamic IB SmartRouting algorithm, which continually seeks price improvement - all at lower trading costs, realized through ultra low commissions, lower margin financing costs and higher interest paid on balances.

VWAPs
To assist customers in reducing price execution risk for large block trades, we provide support for guaranteed Volume Weighted Average Price (VWAP).

EFPs
An Exchange for Physical (EFP) allows the swap of a long or short stock position for a Single Stock Future, which has an interest rate built into its price that is determined competitively by numerous market participants. Find out how EFPs can provide an economical and efficient financing vehicle.

Spread & Combo Trading
IB independently routes US stock, option and futures spread order legs to the best possible venue seeking price improvement, with IB undertaking the risk of partially executed orders. In addition, ComboTrader allows customers to choose from a selection of predefined combinations or to create any generic combination of unlimited legs.

Bonds
Interactive Brokers offers US corporate and government bonds available for trading from the NYSE Arca Bonds, ValueBond, and IB’s sister market-making affiliate, Timber Hill, LLC.

Mutual Funds
As a service to our Individual and Advisor customers, Interactive Brokers provides a selection of no-load Mutual Funds.

Dark Pools
To help provide price improvement on large volume and block orders, IB now includes some of the more utilized dark pools in its SmartRouting logic.

IB Dutch Auctions
Interactive Brokers provides access to IPOs and secondary offerings distributed by WR Hambrecht + Co through its electronic Dutch Auction system.

Application Program Interface
The TWS APIs allow traders to develop sophisticated algorithmic trading solutions using Java, C++, VB or ActiveX, which take advantage of IB’s high speed order routing functionality and broad market depth.

CTCI/FIX
IB supports the industry-standard FIX protocol for clients who connect via our CTCI (computer-to-computer interface).

Smart Best-Execution Routing
Smart Best-Execution Routing searches for the best firm stock, option, and combination prices available, and seeks to immediately execute your order electronically.

Order Types
Trader Workstation supports over 40 order types that can help limit risk, speed execution, provide price improvement, use discretion, time the market and simplify the trading process.

MobileTrader
Use your internet-connected wireless device to manage your IB account through MobileTrader. Send stock, options and futures orders, monitor your account balances and portfolio, and view market data and execution reports.

WebTrader
WebTrader’s simplified HTML-based interface is easy to navigate, and lets you manage your IB account from any Internet-ready PC, even through a firewall.

Customer Activity Monitor
The CAM communicates directly with the IB order routing system, and allows multi-client account managers to monitor all account activity including complete order histories and routing sequences.