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Duration: 6:33

Level: Beginner

In this initial lesson, we’ll show you how to access IBKR Mobile on your Android device, and introduce you to customizing your Watchlists and viewing quote details.

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Study Notes:

In this lesson, we’ll walk you through how to get started with IBKR Mobile on the Android:

  • We’ll login and show you how to navigate the app
  • Show you the homepage and how to access the watchlist
  • And – we’ll share tips on how to customize the watchlist

Before you can log into IBKR Mobile, you’ll need to download the app from the Google Play store.

Once IBKR Mobile is downloaded, tap the icon to open it up.

On this screen, you can register two-factor authentication, deposit a check and log in to Trade. If you don’t have an account yet, you can sign up for an IBKR account by tapping the Sign Up button.

I’ll tap the Trade button to log in.

At the top of the application, you can choose to login into your live account or in paper account mode. For this course, we’ll be using the Paper account.

In the center of the screen, you can enter your TWS username and password. You can turn on SSL encryption, which adds an extra layer of security for your trading information, then log in.

If you log into your paper account, you will see a warning message to let you know that this is not a brokerage account, click “I understand and accept” to proceed.

You’ll see icons at the bottom of the screen, let’s tap the home icon. Here you’ll see:

  • Your top portfolio positions – you can tap the arrow to see your portfolio
  • Current market indexes
  • Briefing.com update
  • Top News and Portfolio News
  • Watchlist favorites
  • And links to your account statements, transaction history and more.

Let’s tap the Watchlist eye icon at the bottom.

Column headers appear at the top of the watchlist. In this example, you’ll see the instrument, last traded price, change and volume. You’ll also see the tick dots and change value color changes to reflect the directional movement.

You have the flexibility to add multiple instruments with different asset types. For instance, in this watchlist, I have stocks, futures and currencies displayed.

Tap any row to see a mini chart with today’s high and low, 52-week high and low, and bid and ask prices displayed.  If you have a position, you’ll see it appear below the instrument with associated P&L and Unrealized P&L.

If you tap on the mini chart, anywhere in that instrument area or on the arrow, a new screen will appear with more in-depth details, a bigger chart, news, research, event calendar, analyst ratings, ESG Ratings, Key Ratios, Dividends and more. We’ll cover the Quote Details screen in a little bit.

Next to the Search symbol, you’ll see 3 vertical dots, tap this to add an Instrument, rename your watchlist, and manage your watchlist columns.

You can edit your watchlist and use the 3 horizontal lines to rearrange the order.

Tap Add Columns to see a full list of columns that may be added. You can search for a topic or just tap a category.

For instance, I can tap the Position and P&L category and select Avg Price and then tap the arrow on the top left. Now, you’ll see the Avg Price column display in the watchlist.

To remove an instrument, select Edit Instruments, then tap the checkbox next to the instrument and tap the Trashcan icon on the top right.

You can rename the watchlist name or create a new watchlist too.

To add a new instrument to a Watchlist, choose Add Instrument. Enter a symbol then select the asset type – Stock, Options, Warrant, etc.

In addition, you can view the Option Chain and Combo Builder, or use the Spread Template tool to create future spreads.

Below that, you’ll see the symbol KO on the additional exchanges.

In this example, I’ll choose stock. You will now see quote details for KO and you can choose to add it to an existing watchlist or a new watchlist.

Next, I’ll create a new option watchlist and add the instrument KO and select Options.  You’ll see the nearest option display under Select Contract.

Another way to select an option is to select option chain.

This time I’ll enter the symbol AAPL and search, then select Option Chain and Combo Builder.

Here, the option chain displays. See the expiries at the top and just swipe to see more entries.

Calls are on the left, strike prices in the center and puts on the right. Select one or more options on either the call or put side.

You can turn on the Strategy Builder to create a combo. Or just tap +Watchlist to add it to the watchlist.

See the AAPL Strangle appear on the Watchlist.

One more tip – you can ensure that all of your Watchlists display the same columns (even if you make changes to one of them).

To do this, tap the menu, then select Configuration. In the Display section enable “Sync columns on all watchlist”.

Under ‘Cloud’ – you’ll see Watchlist Import. Tap this to import watchlists from TWS desktop or other devices.

More setting features are available within Configuration and we’ll link out to the user guide in the study notes for this lesson.

Now that you know how to login and navigate IBKR Mobile on the Android, let’s turn our attention to the next lesson on IBKR Mobile in Traders’ Academy.

User Guide


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.

Supporting documentation for any claims and statistical information will be provided upon request.

Any stock, options or futures symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

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