Beginner Level

Through this guide, we'll help steer you through the account opening process at Interactive Brokers - whether as an individual or institution - including critical resources for how to actively deposit and withdraw funds once your application is approved. We'll also take you on a brief tour of our website and highlight some of the destinations there that can help you get up-and-running quickly with our platforms, tools, and services, as well as walk you through our platforms, show you how you can perform worldwide trading, manage your account, and improve your understanding of the global financial markets, as they change daily.

IBKR Desktop is Interactive Brokers' newest desktop trading platform providing investors with a more streamlined interface. Trade stocks, options, futures, and more on over 150 markets worldwide from this easy-to-use platform. In this course, we will cover using the rapid order entry window, submitting options orders, viewing news and research, and customizing charts, columns, and views.

Our introduction to the TWS Mosaic platform will help you understand how to navigate it for the first time and how to maximize your use as you develop your skills.

Client Portal enables you to stay connected with key features and services inside your IBKR account. Client Portal not only provides users with access to account details, statements and reports, but also allows you to monitor global markets, build watchlists and scanners and also trade using a single log in.

In this course you will learn: How to access and configure charts, so you can quickly visualize an event in real time; Create Multiple charts in one panel; How to build and save chart templates for reuse; And for those of you who want to trade directly from a chart, we’ll show you TWS ChartTrader.

If you are new to investing and want to begin to understand stock market fundamentals, this course will help familiarize you with some common terms and concepts surrounding investments.

This course provides content to suit investors with different levels of knowledge about the futures market. Investors new to the world of futures trading can use this introductory course to learn key industry concepts and how to find information using the trading tools within TWS.

Explore this introduction to topics in the foreign currency market such as its participants and motives, products, risks.

Traders who win consistently treat trading as a business. While there is no guarantee that you will make money, developing a trading plan is crucial if you want to become consistently successful and thrive in the trading game. Every trader—no matter your experience—needs a plan.

This course provides an introduction to indexes. You will learn what an index is, how it is used, and how index constituents are selected. We will discuss what it means for an index to be float-adjusted, as well as how index values are calculated, and how those values are used to calculate performance.

• Acquire certain skills and understanding related to mutual funds and ETFs, including how to identify various product types, as well as their benefits and drawbacks • Gain hands-on know-how through a practical demonstration of how to use market scanners an online trading platform.

This course will review using IBKR Mobile on your iPhone. We’ll cover a wide range of topics such as customizing your watchlists, adding chart indicators, trading stocks and options, and configuring two factor authentication using IB Key.

This course will review using IBKR Mobile on your Android. We’ll cover a wide range of topics such as customizing your watchlists, adding chart indicators, trading stocks and options, and configuring two factor authentication using IB Key.

Fundamental analysis is the process of determining the model price of a futures contract, now and in the future, using factors like micro economic data, macro-economic data, and industry financial conditions.

Learn about Value investing which is a style of investing that involves identifying stocks or other assets that are undervalued by the market.

Learn about growth investing which is a stock-buying strategy focused on investing in companies that are expected to grow at an above-average rate compared to their industry or the market.

This course will discuss Retirement and explore issues of spending, income, Social Security and the new IBKR Retirement Planner. The Retirement Planner is a tool that may be used to gain a better understanding of your Retirement Outlook.

Explore mitigating risk using assets whose movements are often equal yet opposite but enable the investor to hedge an instrument or portfolio. Critical concepts covered include derivative instruments such as futures and options and how they are used to offset risks associated with an underlying instrument.

This course provides an overview of Exchange Traded Products (ETPs), including different categories and types of ETPs, as well as some of the opportunities and risks these products present to investors. Lessons in this course will also explore physically backed commodity ETPs, such as those underpinned by gold and silver, as well as synthetic ETPs such as oil ETPs and Short and Leveraged (S&L) ETPs. Some insights into what investors should be aware of when deciding to invest in these products, and ways of mitigating certain risks, are also offered.

Whether you're an individual investor building a portfolio or looking to diversify, Sam Baker offers wisdom on how to invest with clarity and purpose.

A solid overview into modern technical analysis by long-time trader and best-selling author Adam Grimes. This course will give you a solid foundation in chart reading, understanding a trading edge, using indicators, and developing the process and skills to apply these tools in your own trading.

This course walks through basic fundamental accounting concepts covering the Income Statement, Balance Sheet and Statement of Cash Flows. This will be followed by a practical demo of additional tools in the new IBKR Fundamental Explorer.

In this section, you’ll explore the differences between fundamental analysis and technical analysis. Then, you’ll learn an important concept that traders need to understand—the difference between trending and anti-trending markets.

This course offers some basic concepts to help better define the meaning and financial relevance of environmental, social, and governance (ESG) issues, including the rationale behind the inception of ESG investing, as well as how this discipline has developed.

Broaden your understanding of futures and Treasury markets with this course.

In this Traders’ Academy course you will learn about the most popular Order Types: “Market”, “Limit” and “Stop”.

We explain what Exchange-Traded Funds are; how they differ from mutual funds; the types of ETFs available to you; where you can buy and sell ETFs; and how the basic structure of an ETF works.

PortfolioAnalyst consolidates, tracks and analyzes your complete financial performance. Link your investment, checking, savings, annuity, incentive plan and credit card accounts to understand your current financial state and plan for the future.

This course is designed to help traders and investors navigate and configure bond-related tools within the IBKR Trader Workstation (TWS) – whether new to the world of the fixed-income markets or an experienced professional. By the end of this course, you should learn how to search for, select, analyze, and make investment decisions about specific fixed-income products, including government, corporate, and municipal debt securities.

In this course, IBKR senior market analyst Steven Levine provides essential details about the U.S. corporate bond market, including the types of securities investors typically encounter such as secured and unsecured notes. We'll also offer you some tools to enable you to obtain a better understanding of the risks involved with corporate bonds and how they may be mitigated, as well as recent developments that have helped shape market dynamics. Lastly, we'll walk you through the IBKR Trader Workstation's Global Bond Scanner, where you can locate certain corporate bonds in the secondary market, create charts and conduct due diligence to help inform your investment decisions.

In this course, IBKR senior market analyst Steven Levine provides essential details about the U.S. municipal bond market, including the types of securities investors typically encounter such as general obligation bonds and revenue bonds. We’ll also offer you some tools to enable you to obtain a better understanding of the risks involved with municipal securities and how they may be mitigated, along with certain tax considerations.

The video lessons in this course will review how to set up your new institutional account with Interactive Brokers. The lessons cover topics such as adding individuals as users for account access, subscribing to market data or research, setting trading restrictions, and more.

This course will review the Advisor Portal, which is our free and powerful client relationship management (CRM) platform for financial advisors and RIAs. The web application serves as the one-stop destination to manage clients, run reports, view key performance metrics, funding, and more. Additionally, automatic billing, electronic client applications, and white branding are part of IBKR's turnkey solution for registered advisors.

We have divided this course in two to address both trading and CRM. This course deals with an introduction to Trader Workstation (TWS) for Advisors where you will learn how to navigate TWS, monitor your clients’ and your firm’s aggregate positions. We show you how to trade for an individual client and for several (or all) clients at a time. And we introduce the Order Allocation Tool, which really gets to the heart of order management. You will learn to build Model Portfolios, how to allocate clients’ money to a Model as well as how to rebalance a portfolio. We also show you how to navigate the Tax Harvester Tool enabling you to run your individual client’s portfolio efficiently.

This course will review the overall Hedge Fund account structure at Interactive Brokers and will discuss how to navigate IBKR’s Hedge Fund Portal. The Portal web application includes powerful reporting and performance analytics, fund administrator connectivity, and opening Separately Managed Accounts (SMAs) and additional hedge fund applications. IBKR also offers access to the Hedge Fund Marketplace, which is an online version of a traditional Capital Introduction program.

This course will review the Broker Portal, which is our free and powerful client relationship management (CRM) platform for Introducing Brokers (IBs). The web application serves as the one-stop destination to manage clients, run reports and key performance metrics, funding, and more. Additionally, automatic billing, flexible commission markups, and interest markups/markdowns are part of IBKR’s turnkey solution for Broker-Dealers and Introducing Brokers.

Trading outside of regular trading hours can be performed on each of IB's trading platforms, TWS, Mobile TWS and Client Portal. This course explains how to create orders designed to execute beyond regular US trading hours. In addition, both CME and Cboe Global Markets offer around-the-clock access to futures options and options markets respectively. Each lesson walks the user though examples of accessing those markets.

Today's agriculture markets are highly complex. Agricultural grain futures and options provide the tools the industry needs to manage risk and help put food on the table for a growing global population. Gain an understanding of the fundamentals that affect supply and demand in the grain and oilseed markets. Find out how futures and options provide critical price discovery and risk management roles for a variety of market participants, from farmers, ranchers, processors, distributors, wholesalers, retailers, traders and more. Discover the ways these contracts can fit into your portfolio.

If you are interested in investing in non-US companies, this course explains how to gain exposure through American Depositary Receipts. We explain what an American Depositary Receipt is; why an investor would use them; where and when ADRs are traded and how investing in ADRs differs from investing directly in the stock of a foreign company. This course also covers the history of ADRs and potential benefits and risks.

The Interactive Broker’s GlobalTrader app is a simplified version of our mobile platform. It allows investors to trade in stock markets around the world, as well as trade options and mutual funds, and access IBKR’s crypto currency offerings.

The IBKR Student Trading Lab (STL) offers an extensive toolkit to complement fundamental, technical, and computational college classroom curricula. In this course, we'll delve into how STL may be used to enhance the learning experience, as well as provide actual use cases from some of its participants - illustrating how IBKR's professional trading applications can bring real-world financial decisions and outcomes to college-level finance courses.

The IBKR Student Trading Lab (STL) offers an extensive toolkit for educators of college-level finance courses to help bring real-world financial decisions and outcomes to their curricula. This catalogue of STL’s resources illustrates how IBKR’s award-winning trading platforms and tools, wealth of service offerings, and educational tutorials, combine to create a hands-on experience for students of all skill sets to help master their learning objectives – and all at no cost.

Event Contracts allow investors to trade the outcome of certain futures markets using short-term, limited risk contracts offered by CME Group, including underlying equity index, currency, energy and metals contracts. Interactive Brokers enables trading of such Event Contracts using its EventTrader platform.

TWS Global Configuration allows for individual traders to customize the TWS display and various trading tools. It is accessible from both Mosaic and Classic TWS.

This course covers the API basics and how you can use Excel together with TWS to manage your account and automate your trading. You can follow along with our samples and test it out for yourself using your paper trading account.

The Interactive Brokers (IBKR) Recurring Investments feature lets clients setup and execute a predetermined investment strategy by automatically investing funds on a recurring schedule.

CME Term SOFR Reference Rates provide an indication of the forward-looking measurement of overnight SOFR, based on market expectations implied from derivatives markets.

This course covers the basics of U.S. exchanges and the rules that govern U.S. equities trading. Presented by IEX, it uses The Investors Exchange as an example for what happens to your order when it gets sent to a stock exchange. About IEX Group, Inc. IEX is a technology company committed to raising the bar for performance, fairness and transparency. In 2016, we launched the Investors Exchange, a stock exchange working to protect investors. Since then, the Investors Exchange has grown to be one of the largest exchange operators globally, by notional value traded. To learn more about the exchange and other IEX businesses visit iextrading.com or search IEX.

Learn about micro futures and futures options on CME Group’s Micro WTI Crude Oil contracts, and understand how they can be used to trade and hedge with respect to the price of crude oil.

Gain an understanding of how buyers and sellers of grains and oilseeds utilize futures and options to hedge their position to manage price risk. This course will enhance the hedger’s understanding of the different strategies available as well as how the basis affects prices.

Financially settled South American Soybean futures will offer a more precise tool to manage exposure to the Brazilian soybean market. Brazil plays a key role in the global soybean market as the largest producer and exporter of soybeans, driving the need for a regional benchmark for price discovery. Learn how South American Soybean futures work and how the spread trade works with our existing North American Soybean futures to easily manage pricing differences between regionally grown soybeans.

Our primer on economics will help you understand the theory and principles behind the workings of an economy. Microeconomics addresses issues such as how prices are set and market places are organized. The topic also addresses the forces of supply and demand at the heart of an understanding of economics. Macroeconomics brings together the component pieces that help shape the output of an economy and that cause an economy to thrive.

The amount of money and credit in economies, the growth of economies and the profitability of companies are important indicators of economic health. Money and credit help to drive economic activity. The rate of economic output shows the results of past economic activity while corporate profitability reflects the effectiveness of corporations. Taken together, these economic indicators help us determine where we’re going and where we are. In this course, we’ll learn about economic indicators that cover the central banking system, the government bond system, fiscal budgets, economic growth calculations and the importance of corporate profitability. Some of the indicators include the money supply, yield curve, gross domestic product and corporate profits.

Labor market indicators are important for investors because they’re helpful in determining the incomes of consumers and corporations’ hiring appetites. Labor market strength drives consumer spending, productivity, and business investment, signaling potential levels of corporate revenue and earnings growth. The robustness of an economy is closely linked to its labor markets, the ease or difficulty in attaining work and the number of people working in it. This course explores a variety of labor market indicators that shed light on the composition of human work like participation, unemployment, employment and wages.

As a trader, you will come across many factors that you must consider before entering or exiting the markets. Some of the most important aspects to look for are economic events that can move the markets drastically one way or another.

A wide variety of economic indicators are used to measure everything from job growth to construction activity, retail activity and much more. Key economic indicators have a direct impact on the markets. The information economic indicators provide can help investors make informed decisions about their investments. Some indicators include building permits, purchasing managers’ index for manufacturing and employment.

A wide variety of UK economic indicators are used to measure everything from economic growth to changes in prices to unemployment and much more. Key economic indicators have a direct impact on the markets. The information economic indicators provide can help investors make informed decisions about their investments. Some indicators include Consumer and Business Confidence, Housing Starts, Retail Sales, etc.

A wide variety of economic indicators are used to measure everything from economic growth to changes in prices to unemployment and much more. Key economic indicators have a direct impact on the markets. The information economic indicators provide can help investors make informed decisions about their investments. Some indicators include Gross Domestic Product, Harmonised Index of Consumer Prices, Retail Trade, Unemployment Rate, etc.

A wide variety of economic indicators for Australia are used to measure everything from economic growth to changes in prices to unemployment and much more. Key economic indicators have a direct impact on the markets. The information economic indicators provide can help investors make informed decisions about their investments. Some indicators include Consumer and Business Confidence, Housing Starts, Retail Sales, etc.

This course puts retirement plans into historical perspective and aims to help the student understand what contributions can be made to different types of plans. You will learn about what the IRS permits as allowable types of investments into different plan types, as well as rules about IRA beneficiaries.

This tax course is a general overview of US Federal taxes for traders and investors.

In this series, we will look at US taxes for non-US individuals. Definitions are critical in this area of US tax and we will start with them.

Learn how to read and speculate on economic data points using ForecastEx contracts.