Full Review of Interactive Brokers After 4+ Years

This video shares my thoughts on Interactive Brokers which is a trading service I have been using since late 2019. I explained what I think are some of the main things to look out for when using IBKR including account opening, which software I recommend, shorting small caps, currency conversion, TradingView, and what software I use for my own analysis.

Recommended Broker & Support the Channel: 🌎
https://www.InteractiveBrokers.ca/mkt/?src=verrilloy5&url=%2Fen%2Fwhyib%2Foverview.php

Looking for Remote Assistance for TWS or Sierra Chart: 👨‍💻
https://www.verrillotrading.com/remote-assistance/

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✅ Recommended Playlists:

https://youtube.com/playlist?list=PLePBf4ZtCKhqBGXyB1v4xvZiMju6NQlIw
https://www.youtube.com/playlist?list=PLePBf4ZtCKhq0cVloJ-a8FIS2XdAbjKzG
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https://youtube.com/playlist?list=PLePBf4ZtCKhrxBJZKrkC81dCZViFAf4bB

✅ Recommended Videos:

How to Properly Use Margin With IBKR: https://youtu.be/Y-MmaJKQHAk
How to Subscribe to Market Data with IBKR: https://youtu.be/tybaarHcA2U
What Market Data Subscriptions Do I need?: https://youtu.be/poBQVfdsxt8
How to Create Gap Scanner in TWS: https://youtu.be/xu9vRK9dFng
How to Find Best T-Bill Maturity: https://youtu.be/j6hhmeY85oM
How to Convert Currency & Set Alerts in IBKR Mobile: https://youtu.be/K86OPPbt7O4
How to Fund IBKR with Wise: https://youtu.be/BjHRjvDoQQ4
How to use TWS Quote Monitor: https://youtu.be/3ZzmaOaXPwo
Set Up Bracket Orders in IBKR TWS: https://www.youtube.com/watch?v=WAGm1KLVsDI&list=PLePBf4ZtCKhqBGXyB1v4xvZiMju6NQlIw
Futures Trading with IB TWS: https://www.youtube.com/watch?v=ICZH89GdUGQ&list=PLePBf4ZtCKhqBGXyB1v4xvZiMju6NQlIw
How to Setup TWS API on Linux: https://youtu.be/iIGA0x8mImY
Broker for Trading US Stocks in Canada: https://www.youtube.com/watch?v=3dBLQYceTXQ&list=PLePBf4ZtCKhqBGXyB1v4xvZiMju6NQlIw
TWS API Method examples in C++: https://youtu.be/5moyX0qwkCA
Earn Interest on Cash with Secure Broker: https://www.youtube.com/watch?v=W6OJy32sE_g&list=PLePBf4ZtCKhqBGXyB1v4xvZiMju6NQlIw
TradingView How to Send a Telegram: https://youtu.be/P4vRNH7GJuc
Sierra Chart Telegram Chart Drawing Alerts: https://youtu.be/EQZI9pBtDrE

📜 Disclosures:

VerrilloTrading may have an affiliate relationship and/or another material connection to any persons or businesses mentioned in or linked to in the content above, and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information published by VerrilloTrading to evaluate the product or service being offered.

The content that this channel provides is intended for educational purposes only. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.

All content appearing on VerrilloTrading is protected by copyright law. Rebroadcasting or any other commercialized use of our program content is strictly prohibited.

IBKR Disclosure: https://www.verrillotrading.com/ibdisclosure/

00:00 The Context
1:05 Account Opening
2:44 Description of Margin
3:12 Account Minimums
4:06 Why People Use IBKR
5:29 Moving Funds (Deposit & Withdraw)
7:09 Which Software I use & recommend
9:03 How to understand TWS Software
10:13 Why you need Economic Calendar
12:06 Fundamental Data Explorer
12:33 Best ways to do Trading using TWS
13:30 Managing Open Options Positions
16:20 IBKR is very intuitive for Stock Options Trading
14:23 Options Strategy Trading with Quote Monitor
17:37 Margins for Futures/Small Cap Stocks
19:17 Example of a Margin Trade
20:06 Often No leverage for Small Cap Stocks
21:00 Locates for Hard to Borrow Stocks
22:59 TradingView is supported with IBKR
24:02 Are Funds Safe with IBKR?
25:38 Fiat Currency Conversion
27:27 How FX Orders are Filled on IDEALPRO
29:10 IBKR Generates Necessary Tax Forms