Duration: 7:28
Level: Beginner

In this Traders’ Academy lesson, we’ll be discussing monitoring your account balances and portfolio using IBKR Mobile on the iPhone. You’ll learn how to:
View your account balances, margin requirements, available funds and market value. Access mobile Account Management for additional reports and to update trade permissions and market data subscriptions. View your portfolio and daily P&L, plus how to customize and rearrange the column headers and manage your notifications and set-up the Trading Assistant for price, position and trade alerts.

Study Notes:

To begin, let’s open the menu on the bottom right.

To view your account information, tap the Account icon from the main menu. The account screen opens with balances displayed.

Use the button bar at the top to switch between pages of your account information window.

Account balances for securities, commodities and in total. Tap the double arrows next to Total in the Balances line at the top of the screen to switch between showing Total amounts for your account, amounts only in the Securities segment of your account, and amounts only in the Commodities segment of your account.

Margins – shows current initial, maintenance margin and projected margin requirements.

Funds – shows you the state of your account including available funds, buying power and more.

Market Value – shows a total value for all assets by currency (sorted by asset type). Values shown in the Total (in USD) column reflect total value of your account in the account’s base currency. Tap the double arrows next to Total to show values in that currency. Only currencies in which you hold positions will be available.  Swipe up to see the accounts net liquidation value, realized and unrealized P&L.

Tap More and select Account Management where you can run reports, view portfolio analysis, set market data, and trade permissions.  I’ll tap Activity Statement view my year-to-date performance summary. Tap the sections and open the details. When you are finished viewing, tap Done on the top left.

With IBKR Mobile, you can view current positions along with key account metrics like Daily P&L and Market Value.

Tap the Portfolio icon from the main menu. In the top section of the screen you see your account, Daily P&L and Net Liquidation value. Daily P&L is your Profit and Loss for the day. Tap Detail to see margin information, unrealized and realized P&L for your account.  Below that are a list of your positions.

You can search for a specific position – just tap the magnifying glass icon. For example, if I enter TSLA and tap search – I can then view TSLA in my portfolio or choose another instrument type.

Tap the gear icon on the top right to deselect any product types in the search results. Back on the search screen, I’ll tap go to TSLA in Portfolio. If you tap the three vertical lines on the top right, you can convert currency, close positions and manage your column settings. Tap the sliders below to show or hide any of the screen options, such as show Zero Positions.

To manage the column headers, tap the icon. Here’s where you can rearrange the position of the columns by tapping the three horizontal lines. Or just tap the checkmark to deselect a column that is currently displayed. Tap Add Columns at the bottom to see more columns to choose from. For instance, I can tap Prices and add Change Since Open %. Now you’ll see that new column has been added to the portfolio screen.

Go to the main menu to view your FYIs and bulletins by tapping the Notifications icon.  Tap the gear icon to configure the FYI settings. For example, I can swipe up and turn on to be notified of Upcoming Earnings. Simply use the slider to deselect any of the FYIs settings.

The Trading Assistant comprises a group of separately-controlled notifications that can be set to proactively notify you when user-specified market, account, position and order activities warrant.

Tap the More icon and select Trading Assistant in the Trade section. Notifications occur in real time, and are sent via email or text, based on your notification settings in Account Management.

The Trading Assistant Status slider displays the status of each notification.  Let’s take a look at the notification settings.

Market Notifications
Receive a notification if the daily price change percent exceeds the bounds you define for a specific instrument. Tap Add Security/Index and enter a symbol – for example, AAPL.  Threshold boundaries can be set between -5% and 5%. Use the slider to change the boundaries.  You can add more symbols by tapping the + icon.

Account Notifications
Receive an alert when the margin cushion or Daily P&L exceeds your boundary or range.

Position Notifications
Sends an alert if the percent change of ANY of your positions exceeds the user-specified boundaries.

Trade Notifications
Turn on to receive a notification about executions.

You can also define your notification delivery method and specify your time zone. When you’re finished, tap Save on the top right.

You can monitor news for instruments in your portfolio. Just tap More and then News & Media. The Media tab shows Bloomberg TV, RealVision, Traders’ Insight videos and more. Tap Portfolio News to see articles for any symbols you hold in your portfolio. Select any news item to view the article.

Back on the menu screen, you can use iBot to monitor your account and portfolio. You can ask iBot a question by typing it in. For example, show Positions or tap your phone microphone and say, ‘Show Account Balances.’ You’ll see the results display along with other related topic items.

Lastly, use the homepage to view your account balance, top portfolio positions, news and market updates. If you want to view more details, just tap the arrow in each section.

In this lesson, we showed you how to monitor your account and portfolio details, view your notifications, use iBot, and set up your Trading Assistant for live notifications. Thank you for watching and join us for more lessons on IBKR Mobile.

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Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers LLC, its affiliates, or its employees.

Disclosure: Margin Trading

Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment.

For additional information regarding margin loan rates, see ibkr.com/interest