Various Central Securities Depositories such as the Depository Trust Company (DTC), Euroclear or Clearstream collect custody fees on behalf of ADR agents for DRs which do not pay periodic dividends. The fees are similar to dividends as they have an effective record date, they are deducted by the applicable depository in standard billing and will be passed to accounts which held the ADR on the record date…

If you are unable to resolve your account access issue from the information above, please contact your local Client Services Center. Also note that for security purposes, all requests for login assistance must be initiated via telephone as it requires prior verification of the account holder's identity. A listing of Client Services Centers, contact numbers and hours of operations may be found…

Overview:

The Cash Report section details how each period's cash balance changes from beginning to end. If your account holds a long or short balance in a non-base currency, such balances will be translated (but not converted) into your base currency for statement reporting and account equity aggregation purposes. The rates at which these non-base balances have been converted are detailed in the Exchange Rates section located towards the bottom of your Daily Activity Statement. All other things being equal, any change in an exchange rate from one statement period to another will result in either an increase or decrease in your ending cash balance with the net change across all non-Base currencies being reflected in the Cash FX Translation Gain/Loss line. This does not reflect a realized gain or loss on these open currency positions but rather a mark-to-market calculation across statement periods…

Short-term capital gains are capital gains earned on the sale of securities and mutual fund shares held for one year or less. If you hold an investment for more than one year, any gain on the sale of the asset is considered long-term and is taxed at a more favorable capital gains tax rate. The date a security is acquired is the trade date +1 and the date of sale is the trade date…

The IBKR Paper Trading account is a simulated account located on an IBKR server. Orders transmitted in a paper trading account are not sent to an exchange for execution. The paper trading account is provided to help you learn to use the trading features available in the various IBKR trading programs and can be used to model positions and check current margin requirements. There are limitations to the paper trading account which can be found…

DOWNLOAD ACTIVITY STATEMENTS

You can see your cash balances in the Cash Report and Forex Balances sections of your activity statement available in Client Portal:…

DOWNLOAD ACTIVITY STATEMENTS

Clients should refer to their Activity Statement to view Lot Details for the date(s) for when positions were opened. Activity Statements with Lot Details can be created and saved as Custom statements and be retrieved as a template moving forward…

Clients may view Realized and Unrealized performance in the "Realized & Unrealized Performance Summary" section of the Activity Statements.

Additional Information…

Your statement is likely not reflecting your loss due to a “wash sale” A sale of stock or securities is considered a "wash sale" if a trader sells shares or securities at a loss and purchases the same or equivalent shares or securities within the 61-day wash sale period, which includes the 30 calendar days before the sale, the day of the sale, and 30 calendar days following the sale. When the loss on the sale is deferred, the amount of the loss is added to the cost basis of shares purchased during the wash sale period ("replacement shares"). Upon the sale of the replacement shares, the disallowed loss is incorporated into the calculations of the gain or loss on the replacement shares and recognized. Additionally, the holding period of the original shares is added to the holding period of the newly acquired shares or securities…

Ending Cash is the total amount of cash in your account at the end of the statement period. Ending Settled Cash is the total amount of settled cash in your account at the end of the statement period.

When you execute a trade the settlement cycle takes normally 1 or 2 working days from trade date. This explains the difference in between Ending Cash and Ending Settled Cash…

For all clients we provide an Annual Statement and a Dividend Report. Your Annual Statement shows trade detail for your account gain and loss on a First In, First Out (FIFO) matching basis or the specific method of tax accounting selected for your account. Your Dividend Report shows account detail for all dividends, and payments in lieu of dividends, as well as withholding on these amounts…

Aside from possible fees that may have been charged to the account, note that the Net Asset Value ("NAV") of your account is adjusted based on the market value of your open positions and cash balances in terms of base currency…

The discrepancy between your average cost per share and your purchase price is likely due to the wash sale rule. This rule is an important tax regulation that can affect your cost basis and realized gains or losses. Here is a detailed explanation of how this works:…

Overview:

In order to provide a comprehensive snapshot of your account equity for statement generation purposes, any long or short cash balance in your account which is denominated in a currency other than that which you have designated as your Base Currency must be converted at the then prevailing exchange rate. As exchange rates tend to vary from one period to another, this conversion process is likely to result in a Cash FX Translation balance that is either positive (i.e., a gain) or negative (i.e., a loss). It should be noted that these gains or losses represent a mark to market calculation (i.e., as if all non-Base Currency balances had been closed out at the end of day exchange rate) and the actual gain or loss, if any, cannot be determined until such time the non-Base Currency balance has been closed…

Spot currency trades executed after 17:00 ET are generally considered the next-day's trades and will be reported on the daily Activity Statement as of the business day following that on which the trade was executed…