IB Custody Accounts

Institutions prohibited from depositing margin collateral directly with a broker/dealer can open an IBKR Custody Account to trade stocks and options. Please note that futures are prohibited per regulations and would require a separately funded account.

The Custody Account constitutes a tri-party agreement between IBKR, the custodial bank holding the customer's assets, and the IBKR client. Assets (e.g., long stock, retail and government money-market funds, and Treasuries only) that are held at a pledged account at the Custodial bank are reflected in the customers IBKR trading account and used to margin trades.

IBKR Custody Accounts provide the following benefits:

• Trade multiple products on over 150 market centers in 33 countries from a single account.
• Superior trading technology that offers multiple trading platforms, including a FIX interface and customizable API;
• Low cost in the form of margin rates and commissions, especially compared with big bank fees.
• Access to a variety of advanced trading tools and more than 100 order types and algos to accommodate the needs of all traders and all strategies.
• IB SmartRouting^SM searches for the best firm stock, option, and combination prices available at the time of your order, and seeks to immediately execute your order electronically.