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Duration: 7:59

Instructor:

Contributor: Interactive Brokers

Level: Beginner

This video will explain what you need to start your IBKR advisor application and the steps to open the master account.

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Study Notes:

You can open your Advisor master account directly from the Interactive Brokers website. To do so, click OPEN ACCOUNT on the top right, then click Registered Investment Advisor under Institution Accounts.

Below the Start Application button, you’ll see a button for What You Need. Click on this button to view what you need for the application by location.

The tabs at the top list specifics for the United States, Canada, Europe and Other Countries.  If we look at the United States tab, you can see that in addition to your name, address and phone number, you will need information for an Individual, Partnership, Corporation, LLC and Unincorporated business.

See the documents required for professional advisor applicants in the US.  Just click on the links to jump to the section for US residents and organization advisors.

For US residents, see details for the acceptable documents for proof of identity, date of birth, and proof of address.

Scrolling down, see the acceptable documents for organization advisors.

Below that is a list of each of the advisor clients based on their type, individual or organization. Next, just click the X at the top right to go to back to the main Open an Account page.

Below the What you Need button, you’ll see Application Instructions.  You can view this online or print it and use it as a checklist.

Open an Application
Click the Start the Application button.

Select the method of creating the account – fully electronic or semi-electronic.

  • Fully Electronic has the quickest processing. All application requirements are completed online including signature.
  • With Semi-Electronic, you complete your application online, print a PDF for signature, and send through the postal mail to IBKR for approval.
    • Applicants from Canada should select Fully Electronic and click the continue button.
    • See a progress bar at the top of the screen listing the 7 steps to completion.
    • The main US Customer Service phone number is listed on the right.
    • Click on the link for phone numbers in other locations.
    • Below that, there are links for topics used on this page, username and password rules and country of legal residence.
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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