Additional Tools in IBKR Mobile – Android^©

Study Notes:

From the IBKR Mobile app, use the More menu in the upper left corner to access additional tools.

Alerts

Investors can define price, trade, and margin alerts with trigger notifications sent to their email address or sent as a text message. To create alerts, the investor can tap the Alerts button and then tap the + icon. Give the alert a name, and add a condition to the alert by tapping “Tap to add a condition” and selecting the Condition Type. In this example, the investor would like to create an alert for if the price of SPY becomes less than or equal to $425. The investor taps Price, types SPY into the search bar, and taps stock. Next, the investor uses the Operator field to select less than or equal (<=) and, in the price field, enters 425. When finished, the investor selects Save in the lower right corner.

The Settings section of the alert allows investors to:

• Email: Enter the email or SMS address they would like the alert sent to,
• Message: Set a message they would like to receive when the alert is triggered, and
• Outside RTH: allow an alert to trigger outside regular trading hours,
• Expires: The investor can toggle on “Expires” to set an expiration date on the alert, or leave it toggled off so it will not expire.

Once complete, select Create Alert.

Deactivate, modify or delete an alert by tapping it from the Alerts list, making any changes, or tapping the desired action at the bottom of the active alert.

Transactions

Investors can use the Transactions page to view orders and trades. From the menu bar at the bottom of the screen, tap Transactions. There will be 2 tabs along the top of the page.

To view any pending orders, tap Orders and a list of all working orders will be displayed. If the investor has multiple linked accounts, they can tap the account number in the upper right hand corner to select the account they would like to view trades for. The investor can sort the list by tapping any header. To modify or cancel any pending orders, tap the order and, on the following page, slide the bar along the bottom to cancel the order, or modify any order parameters and then slide to modify.

To view executed orders, tap the Trades tab. A list of the last six days displays along the top. The investor can swipe through and tap on a date and a list of trades for that specific date will be displayed below. The investor can tap on an order to Close the Position, create an Exit Strategy, Duplicate the Order, create an Opposite order, Create an Alert, or Change Tax Lots.

Mobile Check Deposit

Investors can use the IBKR Mobile app to deposit endorsed checks into their Interactive Brokers account. From the More menu, scroll down to Transfer & Pay, tap to expand the menu, and select Deposit Check. The following screen will display the investor’s account number which the deposit is for. In the Amount field enter the amount of the check being deposited. The investor will select Front and Back to scan an image of the check. To find out the daily limit and 30-day limit on check deposits for their account, investors can tap “Deposit Limits” on the Deposit Check screen. Once complete, tap Deposit Check. Once the deposit has been approved and processed, the funds are deposited into the investors IBKR account. Funds are generally available to use within six business days after the deposit has been approved.

Transfer & Pay

The Transfer & Pay menu of the IBKR Mobile app also allows investors to:

• Deposit a Check
• Access Check History
• View Trade Reports
• Deposit Funds
• Withdraw Funds and
• Transfer Positions

Account Management

Investors can use the Account Management menu to

• Access the Tax Optimizer
• View Activity Statements
• Generate Tax Forms
• Use Portfolio Analyst
• Access the Secure Message Center
• Update Market Data Permissions and Trading Permissions, and
• Close their Account

Resources:

IBKR Mobile User Guide – Set Alerts