Antartica didn't have a good sirculation for the economy. They are freezing in home. They must survive by trading in home before their penises get broke when they fishing salmon 🤪🤪
@@SashaYanshin hi Sasha great video but before I setup an account I would like to ask you does it matter what country I open the account with? Does for example picking a Hong Kong account that works on the usd be different to picking a uk account that for the pound? I have looked all over TH-cam but found not one single video on this? Or am I over thinking this and it’s all the same if I don’t care for an ISA account? Thanks
Hi Sasha is it possible to do a short tutorial on options trading on interactive brokers for UK users? I think it will be a well watched video as IBKR is not the most easy to use platform and there are some fees to get live data. Saw a few attempts to cover options but it definitely needs the Sasha touch :) Many thanks!
Excellent video chap! Paying commission turns out to be cheaper than not paying commission. I’m glad someone was finally able to show that there is no such thing as a free lunch
I submitted the documents to open the account and I am still getting error messages after five or six submissions. They say there is not enough light, that there was a server error etc. etc. I have used two computers and a phone with the same hick ups. I am beginning to wonder if IAB is simple. Is your money safe with them? I've used four other brokers for years without any of these issues!
I have found IBKRs to be the most difficult broker to open an account with. IT TOOK me 6 days. I will paper trade for awhile. The $10 inactivity charge is frustrating for those of us who might need a month of paper trading to get used to this very difficult to operate site.
Thanks Sasha, you're always so helpful even in P24. How about the fee for buying index funds and ETFs? I noticed that this worked slightly differently from stocks. Also, can you make some videos about investing in Vanguard index funds from outside of US and UK markets? Love your videos. Thanks!
interactive brokers is not interactive for small retailers. stoplosses are ignored by the app. order placing and setting up brackets is slow. smart routing is just pfof. direct orders are not direct. interface turns sell shares in to shorts. bracket set ups are not working, modifying orders doesnt really works, it stays stuck on the last filled order. sure fees. but if my sl is ignored that doesnt matters, if a sell turns in to a short that doesnt matters. several ppl have blown 50% of their account due to these things. anyone without a affiliate link tells you this, all those with wont.
Crazy I was about to comment on your last IB video if you could release a review and 24 hours later its uploaded. Good shit sasha youre content is helping alot of people. I hope you keep it going!
I day trade 200 shares of TQQQ and 200 shares of SQQQ. At $2 per transaction I often have losing days that would have been profitable if not for the trade fees which can be over $100 per day. There are other exchanges where ETF trades are free and I am looking to move to one of those.
UPDATE! 4 months after making this video I do have an affiliate link. bit.ly/ibkr-sasha I will get a small commission for you using the link to sign up - thank you if you choose to do so.
How is the process of access your profits/dividends ? Cam it go directly to your bank account or do you have to make transfers and such? Can you run through that process of accessing your profits?
@@Kade5251 I think they stay in your account until you decide to tranfer. you can decide to automatically reinvest the profit since you can own fractions of share
Really nice video. Thanks for this. Yes, as a direct access broker, I've found my marketable limit orders are executed almost always at prices better than the stated NBBO price when I put the order in. And, of course, it is virtually instantaneous. One thing I will mention though....and maybe this differs in the UK....but when I buy US stocks from Canada, I don't need to convert to US currency first, in my margin account. That is explained on the IBK website as a benefit of their service. Cash accounts do need to be converted first, before the transaction, but not margin accounts.
Glad you made this. I have been using the platform recently too and taken a while to understand and use its interface. There is a lot to customise about reports etc but works for the casual and active investor
As I have already stated in your previous video, no ibkr didn't "completely change" their pricing structure three months ago. Their pricing structure is pretty much still the same compared to 12+ months ago. They have "only" removed the platform fee/inactivity fee, where you either had to pay them $10/month or you had to generate at least $10 worth of transaction fees/month. Everything else is still the same.
They updated a few minor things but the platform and ongoing management fees make the pricing structure completely different for understanding how much you are actually paying…
@@SashaYanshin sure, the point still is the changes didn't alter substantially the amount of money that you would have paid for trading the same assets - say - in August 2020 vs trading the same assets in October 2021.
@@bufordmaddogtannen But the point I am making is that if that monthly fee is added into the calcs for passive long-term investors, then suddenly we're talking $20 per trade instead of $0.36 and that's a big difference! I get what you're saying, but it is a pretty material change for the mere mortals among us :)
@@SashaYanshin yes, there would have been a $100+/yearly fee for people who prefer to buy and hold. For traders, the $10 fee was offset by trading fees. Now things are easier for both categories and the remaining fees are still pretty much unchanged. Too bad for the lack of ISA, although one would not be allowed to keep a cash balance in USD, so fx fees would play a role as well.
Hi Sasha! Thanks for the quick run down on Interactive Brokers. As I had been considering using it, the video was very helpful. Just a quick question regarding their FX conversion - aside from the commission/transaction fees charged, how much of the bid/ask spread or the spot to bid/ask spread do they shave off on your FX transaction? I was curious as, too often, many institutions claim cheap transaction but end up charging more on the spread. Thanks again for the great video!
Those are real spot rates which is amazing! Interactive Brokers is the cheapest broker for FX out there. I know many platforms advertise free FX and then charge ridiculous spread.
I need a new platform as finding the execution both market and limit orders on T212 to be really bad at times. It is costing me lots so would prefer a paid for platform as I am losing more on poor execution
Can anyone tell me about this? Specifically, what is it that IBKR won't tell me? I'm buying entire sectors (essentially) which include micro-cap stocks. So I don't need advice on buying (or not) OTC Penny Stocks. I just need to know what requirement is IBKR is asking for? Below is a response by IBKR. "You need to meet certain criteria for "United States (Penny Stocks) trading permission to be approved. Since your account does not meet the requirements, you do not see an option to request trading permission. Unfortunately, we cannot specify which particular criteria is not meeting due to internal policy."
A 100 % of all large brokers and banks take advantage of the order flow, in some way. The difference is. At IB, RH etc. you get an advantage for it and the advantage is quantified.
Interesting you didn't mention their SCAM daily Exposure fee. In addition to witholding 30 percent more than any other broker for a Futures Margin Deposit. Big Scam.
Do they offer a daily max loss on the account? Say I'm down $500 for the day, the max daily loss is triggered and suspends any further trades to be placed (only liquidating current open positions allowed).
costs are fine and all, but interactive brokers is pretty unusable. if you are a novice you are going to make mistakes due to the way the app works, a lot. a sell order of your shares can turn in to a short. its crazy how ppl dont get clear on this. the interface is just terrible and broken , glitched and bugged, missing basic functionality.
I don't use it and I don't pay for market data. I don't trade so as a long-term investor, there's no point in paying or using anything other than the web app for me 👍
At 9:37 Sasha says that for large transactions "Tiered" will always be cheaper, then goes to saying that for everyone who is not a millionaire or a hedge fund manager, that again, "tiered" is the way to go. I assume that he made a mistake and in the second case (at 10:03), for smaller transaction, he meant to say “fixed” instead of tiered...or the other way around.
If you need up to the minute data, sure. But as a long-term investor who doesn't trade that is not really something I need nor do I think something other regular investors need.
TBH the only thing I find ugly about IB is their fucking desktop app its like from the 90s or something, the web portal is okay-ish as is the mobile app.
@@SashaYanshin Hi Sasha is it possible to do a short tutorial on options trading on interactive brokers for UK users? I think it will be a well watched video as IBKR is not the most easy to use platform and there are some fees to get live data. Saw a few attempts to cover options but it definitely needs the Sasha touch :) Many thanks!
@@brendonthomas2555 I might do at some point! Options are generally not a great thing for most people so I avoid covering it much but can probably add some value on that.
@@SashaYanshin That would be excellent Sasha as many American content providers are teaching options and the masses in the UK and US have warmed to the idea that one can also profit when a stock decreases in price and the market is in reversal :) but unlike shorting stock buying put options has a limited loss, the risk of losing the option premium. I think your IBKR options tutorial will be a hit! UK is definitely ready for options trading:)
Great video and I really learned a lot, especially about the differences between Fixed and Tiered pricing. In fact, you helped me save a lot of commissions by switching to Tiered. Perhaps you could do another video with a more in-depth review of the Client Portal, especially its many quirks?
Thank you Very Much Sasha ! I am considering getting into trading and your video saids a lot about Interactive Broker that I need to know. THANK YOU ! ...... Cordially ,,,,, Frank 🙂
Hey, great videos. I’m new to interactive Brokers so it’s abit overwhelming. I tried to buy ETFs (VOO, VIT etc ) but it didn’t have BUY and SELL buttons; instead it said TRADE NOTICE. What does this mean? Many thanks
And you actually have a choice to lend yours out (if your account is big enough) AND they pay you for lending your shares which is pretty epic - I didn't include that as it probably isn't all that relevant to most people watching.
@@SashaYanshin I'm long-time IBKR user, did not know this, or even the ability to switch between pricing methods. The main attraction is that I never have to consider commissions in trade decisions -- they're totally negligible. Per share pricing favors us little guys, unlike other brokers -- especially before free trades became popular.
I'm as a beginner as can be and want to start trading a very small account-500 USD, what platform do you recommend to use where I can trade small stocks, say willing to risk $10 per trade?
Hi Sasha, Interactive Brokers now has an Isa avalaible, any thoughts on this? Also looking forward to any kind of best isa provider video for 2023 you come out with :)
Out of 10 how much do you recommend this for a beginner? I live in Mexico and I want to start but I can't seem to find a reliable platform. I've been researching and a lot have bad reviews and are not recommended. Also the good ones I wanted to try weren't available in my country Mexico.
Would love a detailed walkthrough all the reports, but in my experience they are SO customisable that there are infinite possibilities, so if you do attempt it, best of luck. Might help if people post their most useful templates perhaps?
Hi. Is it posssible to transfer my portfolio when changing country of residence. I mean can I change the associated bank account to "another bank account in another country". Interative Brocker operates in the new country
DON'T USE INTERACTIVE BROKERS. THE ASSISTANCE IS REALLY BAD, COMMISSIONS ARE HIGH AND THEY MAKE IT VERY DIFFICULT GIVE YOUR MONEY BACK. I REALLY DO NOT RECOMMEND TO ANYONE
Can u pls tell about dividend? is there any option for auto-dividend put into the same stock? secondly is there any holding fees? for eg I hold few apple stocks for years n years pls answer
I assume when you said one of the downside was that you have to leave a little money in your account when you want to go "all in" on a stock, that you were talking about an account without margin. Obviously, one of the points of margin is to be able to trade with more money than you have in your acct.
If I have my base currency as Indian rupee and convert to dollars the exchange fee is 2$ but what if I set the base currency to dollars and whether still I need to pay the exchange fee?
@@SashaYanshin Sorry think i got this wrong. You can trade through Interactive Brokers for your SIPP, but the SIPP needs to be set up with either one of their "administrators" or you link an existing SIPP
Hi Sasha. I can not find this information anywhere. Do you know if in the IBKR UK - ISA account you can day trade? If i buy then sell some shares, will my funds be available instantly to buy shares again? I know the US cash accounts have the PDT rule and money is not available instantly to reinvest, is this the case in the IBKR ISA? Thanks
Anything that adds liquidity to the market is good and qualifies for that discount - i.e. if you place an order that somebody out there then has to match. A stop order is not one of those so won't get the benefit.
For most people that probably is the path they would choose. That £20k allowance is great! But some people do invest more, some use up their ISA in other ways and many people don’t live in the UK - I use it over and above my ISA 👍
Anyone knows how to change base currency on a UK account (from gbp to usd), for me this option is missing from the account report section in account setting
Had an issue while going through application. Identification part only accepts passport or national identity card. Don't have a valid passport rn and I use my driver's license as an identification document. They don't give that as an option so it'll probably be a while before I can finish that application process.
Hmmmm. I can't remember for sure but I think a driving licence works in the UK - I guess this may be different in different countries depending on what is considered a legal proof of ID. You need a new passport! 👍
@@SashaYanshin Yeah I might get a new passport. Had no real use for one for years now. All my travel was in and around EU. And it's not like we were able to do much traveling for last couple of years anyway 😏
Hi Sasha. Nice video as usual. Have learned a lot from your videos. May I ask you if they have creating pies as we can in Trading 212 and invest into all fractional shares based on our % added in the first step? Basically same as we have in Trading 212. Thanks a lot! :)
Саша, расскажи пожалуйста про налоги и какие ETFs лучше подходят для интернационального инвестора. Не просто про ирландскую замену VOO, а все остальное не связанное с SP500 плюс growth , dividends, international, etc…
Very convincing video. Ok I've opened the account and now I cannot setup the deposit through my account because my bank cannot verify the details. Which details did you enter?
@@SashaYanshin I used Citibank na london and sort code, account number, my HSBC couldn't verify the name but deposited 10 pounds just to see what happens.
In the UK it's only bank transfer - this will depend on where you live. But mine went through with no hiccups and was very fast both times I did it. Both times I sent money in the morning and it was there before US trading opened.
@@SashaYanshin it's a UK bank account. I was doing my application but asks for a wire transfer to fund it. Their website certainly doesn't make things very clear just hundreds of FAQ which everybody probably has 😂 Degiro certainly beats them hands down on website and clarity
@@celiab1550 Yeah - I tried to reference that in the review as much as I could. It is a bit old school and a bit "establishment" but I found that once I got used to that and began seeing past it, the feature set, functionality, etc all stood out from the crowd.
![[Full Episode] The Restaurant War Thailand ศึกพ่อค้าซ่าแม่ค้าแซ่บ Episode 2 | 29 ก.ย. 67](http://i.ytimg.com/vi/r3lfLNH6Ke4/mqdefault.jpg)
LMAO I legit didnt know they have service in freaking Antarctica. Probably the researchers and penguin there like to day trade.
Maybe I should move there. Heard it’s good this time of year!
Antartica didn't have a good sirculation for the economy. They are freezing in home. They must survive by trading in home before their penises get broke when they fishing salmon 🤪🤪
imagine being a researcher on Antarctica, you getting insane paycheck but nowhere to spend it
@@SashaYanshin hi Sasha great video but before I setup an account I would like to ask you does it matter what country I open the account with?
Does for example picking a Hong Kong account that works on the usd be different to picking a uk account that for the pound? I have looked all over TH-cam but found not one single video on this?
Or am I over thinking this and it’s all the same if I don’t care for an ISA account? Thanks
😂
Hi Sasha is it possible to do a short tutorial on options trading on interactive brokers for UK users? I think it will be a well watched video as IBKR is not the most easy to use platform and there are some fees to get live data. Saw a few attempts to cover options but it definitely needs the Sasha touch :)
Many thanks!
Would also love to see this!
I would love to see it.
Excellent video chap! Paying commission turns out to be cheaper than not paying commission. I’m glad someone was finally able to show that there is no such thing as a free lunch
I got free lunch at school Grade 1-12 guess im lucky
I submitted the documents to open the account and I am still getting error messages after five or six submissions. They say there is not enough light, that there was a server error etc. etc. I have used two computers and a phone with the same hick ups. I am beginning to wonder if IAB is simple. Is your money safe with them? I've used four other brokers for years without any of these issues!
I have found IBKRs to be the most difficult broker to open an account with. IT TOOK me 6 days. I will paper trade for awhile. The $10 inactivity charge is frustrating for those of us who might need a month of paper trading to get used to this very difficult to operate site.
As of today, I can see they are offering Stocks and shares ISA. Am I missing anything or this got added after the video was uploaded ?
Yep - I will do a video on it this coming week. 👍
Thanks Sasha, you're always so helpful even in P24. How about the fee for buying index funds and ETFs? I noticed that this worked slightly differently from stocks.
Also, can you make some videos about investing in Vanguard index funds from outside of US and UK markets? Love your videos. Thanks!
interactive brokers is not interactive for small retailers. stoplosses are ignored by the app. order placing and setting up brackets is slow. smart routing is just pfof. direct orders are not direct. interface turns sell shares in to shorts. bracket set ups are not working, modifying orders doesnt really works, it stays stuck on the last filled order. sure fees. but if my sl is ignored that doesnt matters, if a sell turns in to a short that doesnt matters. several ppl have blown 50% of their account due to these things. anyone without a affiliate link tells you this, all those with wont.
Crazy I was about to comment on your last IB video if you could release a review and 24 hours later its uploaded. Good shit sasha youre content is helping alot of people. I hope you keep it going!
Glad it’s useful! I really like the platform so thought a review was needed. 👍
I day trade 200 shares of TQQQ and 200 shares of SQQQ. At $2 per transaction I often have losing days that would have been profitable if not for the trade fees which can be over $100 per day. There are other exchanges where ETF trades are free and I am looking to move to one of those.
These videos are great for someone like me who are just starting out. Thank you!!
Glad they are useful! 👍
Occupied Palestinian Territory - love that. #FreePalestine
UPDATE! 4 months after making this video I do have an affiliate link.
bit.ly/ibkr-sasha
I will get a small commission for you using the link to sign up - thank you if you choose to do so.
sorry I opened my account last week
How is the process of access your profits/dividends ? Cam it go directly to your bank account or do you have to make transfers and such? Can you run through that process of accessing your profits?
@@Kade5251 I think they stay in your account until you decide to tranfer. you can decide to automatically reinvest the profit since you can own fractions of share
@@opuhara thanks alot for your feedback greatly appreciate it
Can I trade German stocks in this platform?
Shame that IB is clunky as hell. Otherwise, I'd sign up today.
Really nice video. Thanks for this. Yes, as a direct access broker, I've found my marketable limit orders are executed almost always at prices better than the stated NBBO price when I put the order in. And, of course, it is virtually instantaneous. One thing I will mention though....and maybe this differs in the UK....but when I buy US stocks from Canada, I don't need to convert to US currency first, in my margin account. That is explained on the IBK website as a benefit of their service. Cash accounts do need to be converted first, before the transaction, but not margin accounts.
What is the minimum cash amount to start margin tarading? And what ratio can you get?
Glad you made this. I have been using the platform recently too and taken a while to understand and use its interface. There is a lot to customise about reports etc but works for the casual and active investor
Yep - I am liking it more the longer I use it!
You are really good at explaining good the fee structure works with practical examples, you earned a subscriber for this👌🏻
Ah come on! You managed to deposit funds in 1 day? Few minutes? I can't believe. It takes at least 4 days... Is this review sponsored?
pre market/ after hours is huge. wish more platforms offered it in the UK.
As I have already stated in your previous video, no ibkr didn't "completely change" their pricing structure three months ago. Their pricing structure is pretty much still the same compared to 12+ months ago.
They have "only" removed the platform fee/inactivity fee, where you either had to pay them $10/month or you had to generate at least $10 worth of transaction fees/month.
Everything else is still the same.
They updated a few minor things but the platform and ongoing management fees make the pricing structure completely different for understanding how much you are actually paying…
@@SashaYanshin sure, the point still is the changes didn't alter substantially the amount of money that you would have paid for trading the same assets - say - in August 2020 vs trading the same assets in October 2021.
@@bufordmaddogtannen But the point I am making is that if that monthly fee is added into the calcs for passive long-term investors, then suddenly we're talking $20 per trade instead of $0.36 and that's a big difference! I get what you're saying, but it is a pretty material change for the mere mortals among us :)
@@SashaYanshin yes, there would have been a $100+/yearly fee for people who prefer to buy and hold. For traders, the $10 fee was offset by trading fees.
Now things are easier for both categories and the remaining fees are still pretty much unchanged.
Too bad for the lack of ISA, although one would not be allowed to keep a cash balance in USD, so fx fees would play a role as well.
Hi Sasha, do you know how to sell covered options on interactive brokers? Thanks
Hi Sasha! Thanks for the quick run down on Interactive Brokers. As I had been considering using it, the video was very helpful. Just a quick question regarding their FX conversion - aside from the commission/transaction fees charged, how much of the bid/ask spread or the spot to bid/ask spread do they shave off on your FX transaction? I was curious as, too often, many institutions claim cheap transaction but end up charging more on the spread. Thanks again for the great video!
Those are real spot rates which is amazing! Interactive Brokers is the cheapest broker for FX out there. I know many platforms advertise free FX and then charge ridiculous spread.
And how do you know how to calculate the exchange fees or commissions fees
I’m guessing only Americans say zero?
I need a new platform as finding the execution both market and limit orders on T212 to be really bad at times. It is costing me lots so would prefer a paid for platform as I am losing more on poor execution
Me too
T212 actually works through IB as a broker so why not just go to the source
Same. Trading 212 is unusable for short term trading anymore. I only use it for the ISA on long term investments now.
Can anyone tell me about this? Specifically, what is it that IBKR won't tell me? I'm buying entire sectors (essentially) which include micro-cap stocks. So I don't need advice on buying (or not) OTC Penny Stocks. I just need to know what requirement is IBKR is asking for? Below is a response by IBKR.
"You need to meet certain criteria for "United States (Penny Stocks) trading permission to be approved. Since your account does not meet the requirements, you do not see an option to request trading permission.
Unfortunately, we cannot specify which particular criteria is not meeting due to internal policy."
AYOOO This is insane!!! Thanks for the video man - what a review. Tiger Trade commission are $2 per U.S share bought which is crazy!
A 100 % of all large brokers and banks take advantage of the order flow, in some way.
The difference is. At IB, RH etc. you get an advantage for it and the advantage is quantified.
Thanks for sharing. I will move all my portofolio to IB because of this video.
Make sure you do your own research on top - remember that I'm just a random guy on TH-cam. 👍
Interesting you didn't mention their SCAM daily Exposure fee. In addition to witholding 30 percent more than any other broker for a Futures Margin Deposit. Big Scam.
That is expensive as fuck if your buying shares under $5 :( Or day trading. 5000 shares at $1 5000x0.005 $25 for a $5000 transaction. That's bullshit!
Do they offer a daily max loss on the account? Say I'm down $500 for the day, the max daily loss is triggered and suspends any further trades to be placed (only liquidating current open positions allowed).
costs are fine and all, but interactive brokers is pretty unusable. if you are a novice you are going to make mistakes due to the way the app works, a lot. a sell order of your shares can turn in to a short. its crazy how ppl dont get clear on this. the interface is just terrible and broken , glitched and bugged, missing basic functionality.
I would love to see a video on how you have set up your Trader Workstation if so and also do you pay for market data?
I don't use it and I don't pay for market data. I don't trade so as a long-term investor, there's no point in paying or using anything other than the web app for me 👍
Ive been looking at it for a few day and I think I might just go with Das Trader instead of TWS and Im use to it and love the software
At 9:37 Sasha says that for large transactions "Tiered" will always be cheaper, then goes to saying that for everyone who is not a millionaire or a hedge fund manager, that again, "tiered" is the way to go. I assume that he made a mistake and in the second case (at 10:03), for smaller transaction, he meant to say “fixed” instead of tiered...or the other way around.
They now have a Shares and Stocks ISA for £3 per month
what about market data? i heard there are extra fees to get all the market data
If you need up to the minute data, sure. But as a long-term investor who doesn't trade that is not really something I need nor do I think something other regular investors need.
Hi ! I am trying to buy UK stock shares . The commissions is very high 1.5-2% ! Why is so much ?
I identify as a penguin so now I can trade when I go visit my penguin brothers in Antarctica! Yippie...
TBH the only thing I find ugly about IB is their fucking desktop app its like from the 90s or something, the web portal is okay-ish as is the mobile app.
The web app is still a bit old school compared to the new stuff. Not that it bothers me!
btw you mentioned about video where you explain step by step but i do not see anything :/
Good point! Just added the link!
I bet that this guy has a brother which is famous Romanian software developer!
Complicated; I have to watch this again when I'm feeling alert.
Hi Sacha! Which platform do you recommend for automatic dollar-cost averaging? Small fractional shares.
How options work on IB? Like in the usa on Robinhood? I have seen they offer options
A little more complex probably but same outcome - options are options. Calls and Puts.
Subscribed👍
Thanks!
Can I buy an S&P500 mutual fund with no fees and no minimums?
You will still have trade fees, but these will be relatively low on larger amounts + depends what currency you're depositing and buying in.
This is an excellent follow on from your IBKR on boarding tutorial. Greatly appreciated!
Thank you!
@@SashaYanshin
Hi Sasha is it possible to do a short tutorial on options trading on interactive brokers for UK users? I think it will be a well watched video as IBKR is not the most easy to use platform and there are some fees to get live data. Saw a few attempts to cover options but it definitely needs the Sasha touch :)
Many thanks!
@@brendonthomas2555 I might do at some point! Options are generally not a great thing for most people so I avoid covering it much but can probably add some value on that.
@@SashaYanshin
That would be excellent Sasha as many American content providers are teaching options and the masses in the UK and US have warmed to the idea that one can also profit when a stock decreases in price and the market is in reversal :) but unlike shorting stock buying put options has a limited loss, the risk of losing the option premium. I think your IBKR options tutorial will be a hit! UK is definitely ready for options trading:)
Quality content thanks I’m still trying to work it out but this helped a lot. I seem to remember it’s more expensive for UK shares?
i wonder how REITs or Dividend funds work there..
Спасибо за ценную инфу!!!
They do offer an ISA. Double check?
Creating an account with them is an absolute nightmare
I agree. A complete nightmare to create an account
Great video and I really learned a lot, especially about the differences between Fixed and Tiered pricing. In fact, you helped me save a lot of commissions by switching to Tiered. Perhaps you could do another video with a more in-depth review of the Client Portal, especially its many quirks?
Thank you Very Much Sasha ! I am considering getting into trading and your video saids a lot about Interactive Broker that I need to know. THANK YOU ! ...... Cordially ,,,,, Frank 🙂
Best TD Ameritrade is no more in 90 days.....arrrrrttt
Hey, great videos. I’m new to interactive Brokers so it’s abit overwhelming. I tried to buy ETFs (VOO, VIT etc ) but it didn’t have BUY and SELL buttons; instead it said TRADE NOTICE. What does this mean? Many thanks
IBKR is famous for having the most stocks available to borrow (for shorting)
And you actually have a choice to lend yours out (if your account is big enough) AND they pay you for lending your shares which is pretty epic - I didn't include that as it probably isn't all that relevant to most people watching.
@@SashaYanshin you need to have >50k in liquidity. I've starting to move all my stocks from T212 to IBKR.
@@SashaYanshin I'm long-time IBKR user, did not know this, or even the ability to switch between pricing methods. The main attraction is that I never have to consider commissions in trade decisions -- they're totally negligible. Per share pricing favors us little guys, unlike other brokers -- especially before free trades became popular.
Too expensive if you daytrade 1000 shares in
I'm as a beginner as can be and want to start trading a very small account-500 USD, what platform do you recommend to use where I can trade small stocks, say willing to risk $10 per trade?
Hi Sasha, Interactive Brokers now has an Isa avalaible, any thoughts on this? Also looking forward to any kind of best isa provider video for 2023 you come out with :)
ISA available at time of posting this
this valid video, thanks.
Out of 10 how much do you recommend this for a beginner? I live in Mexico and I want to start but I can't seem to find a reliable platform. I've been researching and a lot have bad reviews and are not recommended. Also the good ones I wanted to try weren't available in my country Mexico.
Would love a detailed walkthrough all the reports, but in my experience they are SO customisable that there are infinite possibilities, so if you do attempt it, best of luck. Might help if people post their most useful templates perhaps?
thank you very much for this viseo. everything explained very well. a good learning video.
🤑🤑🤑
man! can you do review of AXI or XM
Yeah, that sounds like a really good pricing! Unfortunately, ISA is a non-negotiable option for me.
Yeah - will be for a lot of people in the UK. I use up my ISA so I use IBKR for the overflow 👍
I use Vanguard for my ISA and IBKR for everything else.
@@lawrencesinderson can you use van guard in the uk?
BTW IBKR also pays interest on all ur unused cash in acc ( benchmart rate - 0.5% ) . Its truely the best platform if u are not in the US
Hi. Is it posssible to transfer my portfolio when changing country of residence. I mean can I change the associated bank account to "another bank account in another country". Interative Brocker operates in the new country
DON'T USE INTERACTIVE BROKERS. THE ASSISTANCE IS REALLY BAD, COMMISSIONS ARE HIGH AND THEY MAKE IT VERY DIFFICULT GIVE YOUR MONEY BACK. I REALLY DO NOT RECOMMEND TO ANYONE
Anything to substantiate, I explain the commission structure in the video and my experience is very different…
@@SashaYanshin not substantiate......how You dare ?,, this is my experience and I am free and not paid by INTERACTIVE Brokers,
I agree 1000% percent. The customer is terrible. The site is very complicated. Getting money out is difficult. Stay away.
Great video ! How much would a bank transfer from a UK bank to your IBKR account cost?
Free 👍
@@SashaYanshin Awesome ! Thanks for your video. It really shows the fees in IBKR are insignificant.
Thank you so much for such detailed explanation of the fee structure.
Can u pls tell about dividend? is there any option for auto-dividend put into the same stock?
secondly is there any holding fees? for eg I hold few apple stocks for years n years
pls answer
Vanguard is cheaper mate ???
I assume when you said one of the downside was that you have to leave a little money in your account when you want to go "all in" on a stock, that you were talking about an account without margin. Obviously, one of the points of margin is to be able to trade with more money than you have in your acct.
If I have my base currency as Indian rupee and convert to dollars the exchange fee is 2$ but what if I set the base currency to dollars and whether still I need to pay the exchange fee?
Hi, nice video. thanks. Question: is there any minimum deposit required for opening the account at IB
Is there a max fee? Say if I bought 10 000 2$ stocks. Would i still be paying per share or would a flat fee kick in?
Hi I have one query..
Can I apply for IPO in USA stock market thro IBKR from UAE??
Looking for a platform to trade Russian stocks, Fidelity don't provide access to Russia.
Does ibkr allow all currency pairs, crudeoil and gold?, And what about the swap interest?
Is there a min amount of $ required to unlimited day trades? ie: WeBull has 25k min to unlimited day trades..
Hi Sasha, do you have a similar video covering Interactive Brokers SIPP please?
Whoah. I think I missed them opening SIPP accounts!!!
@@SashaYanshin Sorry think i got this wrong. You can trade through Interactive Brokers for your SIPP, but the SIPP needs to be set up with either one of their "administrators" or you link an existing SIPP
@@paulevans2246 Thought that was the case!
Hi Sasha. I can not find this information anywhere. Do you know if in the IBKR UK - ISA account you can day trade? If i buy then sell some shares, will my funds be available instantly to buy shares again? I know the US cash accounts have the PDT rule and money is not available instantly to reinvest, is this the case in the IBKR ISA? Thanks
So for tierd, its better to do limit order rather than market. But what about stop order
Anything that adds liquidity to the market is good and qualifies for that discount - i.e. if you place an order that somebody out there then has to match.
A stop order is not one of those so won't get the benefit.
Thanks Sasha, seems like your first £20k should go into a Shares ISA, and then if you can invest more than that in 1 year IB is the next best thing..?
For most people that probably is the path they would choose. That £20k allowance is great! But some people do invest more, some use up their ISA in other ways and many people don’t live in the UK - I use it over and above my ISA 👍
@@SashaYanshin Wish I could add more than £20k a year 😄 but probably try put IB with £500 anyways.
Your crazy all this talks and you didn’t even mention a broker for forex trading
Anyone knows how to change base currency on a UK account (from gbp to usd), for me this option is missing from the account report section in account setting
Incase the account holder passes away. What happens with his account?? Any info on that? Thank you
Hi, Sasha please can you connect me to companies that need brokers or dispatchers,in USA
Had an issue while going through application. Identification part only accepts passport or national identity card. Don't have a valid passport rn and I use my driver's license as an identification document. They don't give that as an option so it'll probably be a while before I can finish that application process.
Hmmmm. I can't remember for sure but I think a driving licence works in the UK - I guess this may be different in different countries depending on what is considered a legal proof of ID. You need a new passport! 👍
@@SashaYanshin Yeah I might get a new passport. Had no real use for one for years now. All my travel was in and around EU. And it's not like we were able to do much traveling for last couple of years anyway 😏
Does it allow trading out of hours?! Sorry I only managed to get to half of the video
Hi Sasha.
Nice video as usual. Have learned a lot from your videos.
May I ask you if they have creating pies as we can in Trading 212 and invest into all fractional shares based on our % added in the first step? Basically same as we have in Trading 212.
Thanks a lot! :)
200 day moving average is not working for several stocks.
Can you explain the 1% of trade value maximum and when/how that applies?f
Саша, расскажи пожалуйста про налоги и какие ETFs лучше подходят для интернационального инвестора. Не просто про ирландскую замену VOO, а все остальное не связанное с SP500 плюс growth , dividends, international, etc…
Very convincing video. Ok I've opened the account and now I cannot setup the deposit through my account because my bank cannot verify the details. Which details did you enter?
Just entered the details they provide and everything went through swimmingly. I bank with Starling 👍
@@SashaYanshin did you use the Wire method? What name did you enter in the payee section?
@@heerathree Yep - used “Interactive Brokers LLC”
@@SashaYanshin I used Citibank na london and sort code, account number, my HSBC couldn't verify the name but deposited 10 pounds just to see what happens.
Update:IBKR has stocks and shares now.
Do you have to pay your funds in by wire transfer or can you pay with a regular online transfer? Seems to want a wire transfer 🤔
In the UK it's only bank transfer - this will depend on where you live. But mine went through with no hiccups and was very fast both times I did it. Both times I sent money in the morning and it was there before US trading opened.
@@SashaYanshin it's a UK bank account. I was doing my application but asks for a wire transfer to fund it. Their website certainly doesn't make things very clear just hundreds of FAQ which everybody probably has 😂 Degiro certainly beats them hands down on website and clarity
@@celiab1550 Yeah - I tried to reference that in the review as much as I could. It is a bit old school and a bit "establishment" but I found that once I got used to that and began seeing past it, the feature set, functionality, etc all stood out from the crowd.
@sasha
You will be my forever hero if the other comment goes into your description. Appreciate your content cheers!