Application for Individual, Joint, Trust and IRA Accounts

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Stock Trading
for Individual, Joint and IRA Accounts

Complete a FastTrack Application if:

You want to start with trading stocks only; and
You want to trade in a single country with a single
currency; and
You want a cash or Reg T Margin account but not a Portfolio Margin account; and
You are not a " Many exchanges classify customers as non-professional or professional. Exchange rules require that trusts and organizations (e.g. corporations, partnerships, LLCs and unincorporated businesses) must be classified as professional. A Non-professional Subscriber is any natural person, excluding corporations, trusts, organizations, institutions and partnership accounts, whom a market data vendor has determined qualifies as a "Nonprofessional Subscriber" and who is not:
(a) registered or qualified with: the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association, nor
(b) engaged as an "investment advisor" as that term is defined in Section 201(11) of the Investment Advisor's Act of 1940 (whether or not registered or qualified under that Act), nor
(c) employed by a bank or another organization that is exempt from registration under Federal and/or state securities laws to perform functions that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt.
Any person who does meet the above criteria (a, b, and c) is considered a Professional Subscriber. professional" for purposes of market data subscriptions; and
You do not want to subscribe to news and information services; and
You do not require Non-Resident Indian status.

After you are approved, it is easy to
add products, markets and news and information services later.

Select the market in which you want to trade stocks.

Start Application
Complete a Started Application

Stock, Options, Futures, Forex,
Bonds, Mutal Funds and CFDs
for Individual, Joint, IRA and Trust Accounts

Complete our longer ProTrack Application if:

You want to start with trading multiple products in addition to stocks; or
You want to trade in multiple countries and multiple currencies; or
You want to choose among the multiple commission plans offered by IB; or
You want a Portfolio Margin account.

Start Application
Complete a Started Application

Accounts are geared towards professional/active traders and investors; therefore we require the following from customers:
	Good or extensive product knowledge for any product you wish to trade. Prior execution of 100 or more trades (any product). A minimum equity deposit in cash or stock of USD 10,000 (or USD equivalent) or USD 5,000 for IRA Account (or USD equivalent).

http://www.interactivebrokers.com/en/p.php?f=individualAccounts&p=indiv

Individual, Joint, Trust and IRA Accounts - Learn More

A single account with a default single user.
Must be 21 or older to open a margin account, 18 or older to open a cash account.
Add an optional second user with Power of Attorney.

For important information about account security, see our Strength and Security pages.

What to Expect in the Application Process

The Progress Bar: The Progress Bar lets you know where you are in the application and how long it should take to complete each section. It shows you the sections you have completed and the section in which you are currently working.

	Create Account: First we create your account for you using your desired username and password.
	Application Information: Next, you enter information about yourself, the products you wish to trade and your trading qualifications.
	Funding: Then you tell us how you intend to fund your account. Note that you are not required to fund your account prior to approval.
	Account Approval: After you complete the first three sections, we review your application for approval. Note that we sometimes require you to provide paper documents before we can complete the approval process.
	Trading Configuration: In the ProTrack Application, while we review your application, configure the trading permissions and select market data subscriptions. In the FastTrack Application, we configure your trading permissions and market data subscriptions for you based on your selected country.
	Agreement & Disclosures: Electronically sign agreements and disclosures, which IB is required to provide.
	Trade: Once your account has been funded and activated, you are ready to trade! You will be notified by email of the results of our applicaiton review. You can also check the status of your application at any time by selecting Finish an Application from the Login menu of our website. Fully completed applications are usually processed within 48 business-day hours under normal business conditions.

http://www.interactivebrokers.com/en/p.php?f=individualAccounts&p=more