We offer an automatic trading feature whereby account holders may set up a 'recurring investment' instruction with the cash amount, asset to invest into and the schedule when to invest (e.g. buy 500 USD of AAPL on the 2nd day of the month). Outlined below are a series of FAQs which describe the program and its operation…

The Recurring Investment feature allows the client to choose a date and select a schedule on which to invest (e.g. weekly, monthly, quarterly, etc.). Funds are reserved before market open on the installment date. Trade execution occurs during regular trading hours and may happen at any time throughout the day based on market conditions. Trades will continue on future dates based upon the schedule selected. If the market is closed on the scheduled recurring investment date (e.g.: holiday, weekend) then the recurring investment will be scheduled for the next open market date. If the schedule of monthly, quarterly, or yearly is selected and the recurring investment date does not exist for the month (e.g.: February 29th) then the last date of the month will be used…

Yes, Standard Commissions as listed on the IBKR website are applied for the purchase through the Recurring Investment program.

Please Note…

To "Cancel" an open Recurring Investment, login to the Client Portal and select the Trade menu option followed by Recurring Investments. Find the line with the security of the recurring investment you want to cancel and on the right side of the row click on the "…

The system will check the account 3 business days prior to the next occurrence of the recurring investment and if the account is lacking funds then a notification will be sent to the client.  If an account lacks funds on the occurrence date the recurring investment system will attempt the next two days. If on the third day the account still lacks the funds, then the occurrence date will be incremented by the frequency. This only applies to recurring investments with non-DAILY frequency. If on the next occurrence date the account again lacks funds then the instruction will be canceled…

Requests to participate in IBKR's Recurring Investment program are initiated online via Client Portal. Select the Trade menu option followed by Recurring Investments.

Please Note…

The Recurring Investment feature is available for US, Canadian and European stocks/ETFs.

Please Note…

Recurring Investment is available to any client that has fractional share trading enabled and is under IBLLC, IBUK, IBA, IBCAN, IBIE, IBHK, and IBSG.

Please Note…

For the Recurring Investment feature, the shares are purchased in the open market, the price cannot be determined until the total number of shares for all program participants have been purchased using combined funds. Each aggregate order will result in one or more market orders. In the event that the purchase is executed in multiple smaller trades at varying prices, participants will receive the weighted-average price of such shares (i.e., each participant receives the same price)…

The minimum investment amount for a recurring investment is 10 for all currencies except SEK which has a minimum of 100. The minimum investment amount will be displayed to clients in Client Portal if the amount they enter is less than the required minimum…

When using the Recurring Investment feature if you do not hold the currency the stock is denominated in, IBKR will auto-convert currencies to complete the trade.

Additional Information…

If your account is in a margin deficit and can not initiate new positions, the recurring investment will not occur, even if you have the feature enabled. The trade will only occur if free cash is available. Clients that are borrowing on margin cannot use recurring investment feature until you have free cash…

The Recurring Investment feature at Interactive Brokers (IBKR) allows for scheduled, automatic investments in the stock market. Here's a comprehensive overview of how it operates:

1. Order Creation and Execution:
   • Orders are created if sufficient Free Cash is available during the pre-market credit check…

The "Recurring Investments" screen in Client Portal will display a grid with your current active recurring investment plans.

Please Note…

IBKR offers an automatic trading feature whereby account holders may set up a 'Recurring Investment' instruction with the cash amount, asset to invest into and the schedule when to invest (e.g. buy 500 USD of IBKR on the 2nd day of the month).

Additional Information…