Interactive Brokers: 9 Important Setups for New Users (Beginners MUST Watch)

⬇️ Timestamps:
0:00 → Introduction
0:25 → (1) Set up 2FA
1:38 → (2) Switch from Fixed to Tiered pricing
2:53 → (3) Apply for fractional shares trading
3:34 → (4) Change default order size to 1 (from 100)
4:36 → (5) Enable paper trading account
5:15 → (6) Change Base Currency before trading
6:09 → (7) Portfolio positions view
7:03 → (8) Turn on dark mode
7:35 → (9) Cash settlements
8:30 → Conclusion

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Disclaimer: This content is provided by a paid Influencer of Interactive Brokers. Influencer is not employed by, partnered with, or otherwise affiliated with Interactive Brokers in any additional fashion. This content represents the opinions of Influencer, which are not necessarily shared by Interactive Brokers. The experiences of the Influencer may not be representative of other customers, and nothing within this content is a guarantee of future performance or success.

None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.

[danielloo]

Hi, Ziet and all,
The mobile Menu has changed slightly since the video. To change the order size, after Trading settings / click Trading Presets and the rest of the video applies.
I find it good to set to 1, as one may accidentally buy/sell at 100, althought there are further screens to us to check [sometimes we dont ] before execution.

[almasdedanwala]

very informative - was using fixed pricing- thanks to your video made the necessary changes - hopefully now on a better investing and making money.

[ZeeSlans]

Omg thankyou so much. I started yesterday and noticed that my order for 50 euro on an ETF. There was an 3 euro fee, i thought it would have been like 1.26/30 or sum. So thank you so much i did some research and looked at your video!

[maaassii]

Thank you so much Ziet!! i was struggling to understand what is better between fixed and tiered and this video helped me so so much.

[danielloo]

Thanks for a very detailed video... Need all the help for a newbie to IBKR.

[zanamarigold]

Thanks Ziet for creating this informative video.

[jessicayuklenglow]

Hi Ziet, just to mention the settled cash will be immediate if you have a an approved margin account with IBKR.

[anthonyjolen]

Thank you! Very helpful tips. Delivery is simple and to the point! I like!

[sambadiop]

Thanks much Ziets for the stream, very helpful

[hawkhao]

Wish i could have watched this earlier, espeically the tiered vs fixed pricing! Great video Ziet! I wonder if there's a way to change the average price method from weighted FIFO average to simple average? ie selling stock no longer changes the average price unless new amount is purchased?

[bubabiwin]

Hi Ziet ! Long time follower. Started IBKR because of ur videos. I tripled my cash acct in just a year and was thinking about trading with margins. Do you have a tutorial on it ? There seems to be a lot of confusion surrounding margin rates and margin currency. Thanks in advance

[markom]

Thanks Ziet, great IBKR tips.
Happy New year, best wishes✌

[Technics_Trader]

Great video you explained everything i needed to know many thanks sir

[simpledz]

Thanks 🙏 for the effort
Please how turn off the two factors authentification

[asrajesh]

Thanks a lot! Your video is very helpful!!

[srivignesh]

Great video, Have one more query, Dividend will be credited to bank account or IBKR account? how to check the amount of dividend received history.

[danielloo]

Hi Ziet, Great Detailed Easy to follow and Clear videos... Alot of effort for each video and the time to do it.
Great Job...
Have a question on Funding. Just started with IB from TOS.
If my currency is SGD, and I have USD cash and Stock holdings / trading in US stocks (continuosly), what should I set as my base currency in the setting, to minimise forex conversion ?
Appreciate your advice

[ryanedwards]

You are so helpful brother thank you very much, and for those reading comments, he is legit and a great teacher also

[RIZ]

One suggestion to improve your IBKR content is covering placing bracket orders via the chart feature.

[humbertofaria]

Thanks a lot Ziet. The information were so helpfull.