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I get real-time market data for free with an IBKR Lite account?","\u003Cp>IBKR Lite offers free streaming market data for U.S. listed NMS stocks and ETFs from Cboe One. Cboe One includes BATS, BYX, EDGEA and DRCTEDGE which are within 1% of the National Best Bid and Offer (NBBO) 96.8% of the time, on average.\u003C\u002Fp>\u003Cp>\u003Cstrong>Note\u003C\u002Fstrong>…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1214,"faq_id":1214,"timestamp":1210,"cir_id":1209},"FAQ_QUESTION",{"id":1220,"title":1221,"short_description":1222,"feedback_context":1223},"faq:\u002F\u002FpageId=76129136","How do I change my account to an IBKR Lite account?","\u003Cp>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=IBKR_LITE\">CONFIGURE IBKR PRICING PLAN\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Eligible clients can use the button above or follow the below procedure to switch from IBKR Pro to IBKR Lite (and vice versa):…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1220,"faq_id":1220,"timestamp":1210,"cir_id":1209},{"id":1225,"title":1226,"short_description":1227,"feedback_context":1228},"faq:\u002F\u002FpageId=76129181","Who is eligible for IBKR Lite?","\u003Cp>IBKR Lite is generally offered to direct US clients and any US client of an independent Advisor, including both Cash and Margin type accounts.  Direct accounts must be natural persons (i.e. cannot be Legal Entity, Org, etc.).  For standalone trust accounts, all trustees\u002Fbeneficiaries on the account must be natural persons.  For trust accounts that are under an advisor, the trustees\u002Fbeneficiaries may be legal entities…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1225,"faq_id":1225,"timestamp":1210,"cir_id":1209},{"id":1230,"title":1231,"short_description":1232,"feedback_context":1233},"faq:\u002F\u002FpageId=91461692","How do I update trading permissions to qualify for IBKR Lite?","\u003Cp>If you are \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F76129181\">eligible for an IBKR Lite account\u003C\u002Fa> but receive the error message \"The pricing plan on your account cannot be changed for the following reasons: Accounts with trading permission 'Algorithmic Execution Venue' are ineligible for the IBKR Lite Plan. You can adjust your account settings or check back later.\", then you must update the trading permissions on your account before converting to Lite. For information on updating your trading permissions, please review …\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1230,"faq_id":1230,"timestamp":1210,"cir_id":1209},{"id":1235,"title":1236,"short_description":1237,"feedback_context":1238},"faq:\u002F\u002FpageId=80151411","What are the total available hours I can trade stocks Outside RTH in an IBKR Lite account?","\u003Cp>For US Stocks, trading is available from 8 pm on Sunday through 8 pm on Friday New York City time.  Regular Trading Hours are from the regular market open to the regular market close, which is generally between 9:30 am and 4 pm New York City time. Outside Regular Trading Hours is any other time. Orders must be specifically marked as eligible for the Overnight session (from 8 pm to 4 am New York City time) to participate in that session…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1235,"faq_id":1235,"timestamp":1210,"cir_id":1209},{"id":1240,"title":1241,"short_description":1242,"feedback_context":1243},"faq:\u002F\u002FpageId=76128035","What is the difference between IBKR Lite and IBKR Pro?","\u003Cp>The IBKR Lite offering serves the less active trader with commission-free US stock and ETF trading and simplified trading via Client Portal, IBKR Mobile, IBot and Trader Workstation (TWS), whereas the IBKR Pro offering serves the active trader with low cost access to more than 125 markets in 31 countries and a full suite of premier trading technology…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1240,"faq_id":1240,"timestamp":1210,"cir_id":1209},{"id":1245,"title":1246,"short_description":1247,"feedback_context":1248},"faq:\u002F\u002FpageId=76128825","What is the commission structure with IBKR Lite?","\u003Cp>The commission structure with IBKR Lite is as follows:\u003C\u002Fp>\u003Cul>\u003Cli>For U.S. exchange-listed stocks and ETFs, there is unlimited commission-free trading. Relevant US Securities and Exchange Commission (SEC) & Financial Industry Regulatory Authority (FINRA) fees may apply…\u003C\u002Fli>\u003C\u002Ful>",{"request_context":1207,"type":1218,"id":1245,"faq_id":1245,"timestamp":1210,"cir_id":1209},{"id":1250,"title":1251,"short_description":1252,"feedback_context":1253},"faq:\u002F\u002FpageId=76128055","Can I reclassify my IBKR Lite account to IBKR Pro (and vice versa)?","\u003Cp>Any Individual, Joint, Trust or Retirement account holder classified as IBKR Lite can request reclassification to IBKR Pro (or back to IBKR Lite) through Client Portal. Your first three requests for reclassification will be processed overnight. After three reclassifications, subsequent reclassifications will be processed 90 days from your last request…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1250,"faq_id":1250,"timestamp":1210,"cir_id":1209},{"id":1255,"title":1256,"short_description":1257,"feedback_context":1258},"faq:\u002F\u002FpageId=76128912","What is the interest rate charged in an IBKR Lite account?","\u003Cp>For an IBKR Lite account the interest charged for a margin loan is calculated based on the Tier 1 IBKR Pro rate plus 1%.\u003C\u002Fp>\u003Cp>\u003Cstrong>Please Note\u003C\u002Fstrong>…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1255,"faq_id":1255,"timestamp":1210,"cir_id":1209},{"id":1260,"title":1261,"short_description":1262,"feedback_context":1263},"faq:\u002F\u002FpageId=76128026","What is IBKR Pro?","\u003Cp>IBKR Pro is the legacy IBKR pricing plan designed for the active trader and sophisticated investor. The IBKR Pro plan provides low cost access to global markets, access to IB SmartRouting and a full suite of premier trading technology.\u003C\u002Fp>\u003Cp>More \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fen\u002Findex.php?f=45196\">information on IBKR Pro and IBKR Lite\u003C\u002Fa>…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1260,"faq_id":1260,"timestamp":1210,"cir_id":1209},{"id":1265,"title":1266,"short_description":1267,"feedback_context":1268},"faq:\u002F\u002FpageId=76129143","How can I tell if I have an IBKR Lite or IBKR Pro account?","\u003Cp>When you log in, the system will display either the \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F76128020\">IBKR Lite\u003C\u002Fa> or \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F76128026\">IBKR Pro\u003C\u002Fa> logo. \u003C\u002Fp>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1265,"faq_id":1265,"timestamp":1210,"cir_id":1209},{"id":1270,"title":1271,"short_description":1272,"feedback_context":1273},"faq:\u002F\u002FpageId=88575574","What are the requirements for a Financial Advisor to have IBKR Lite?","\u003Cp>To be eligible for IBKR Lite advisors must have:\u003C\u002Fp>\u003Cul>\u003Cli>Less than 15% of client accounts outside the US\u003C\u002Fli>\u003Cli>Less than 15% of client equity outside the US…\u003C\u002Fli>\u003C\u002Ful>",{"request_context":1207,"type":1218,"id":1270,"faq_id":1270,"timestamp":1210,"cir_id":1209},{"id":1275,"title":1276,"short_description":1277,"feedback_context":1278},"faq:\u002F\u002FpageId=76128080","Can I use the Mutual Fund\u002FETF Replicator with an IBKR Lite account?","\u003Cp>Yes, the Mutual Fund\u002FETF Replicator is available with IBKR Lite through Trader Workstation (TWS).\u003C\u002Fp>\u003Cp>More \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fen\u002Findex.php?f=45196\">information on IBKR Pro and IBKR Lite\u003C\u002Fa> can be found on our website…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1275,"faq_id":1275,"timestamp":1210,"cir_id":1209},{"id":1280,"title":1281,"short_description":1282,"feedback_context":1283},"faq:\u002F\u002FpageId=1009998820","What is the commission structure with IBKR Lite under IBKR Singapore?","\u003Cp>The commission structure with IBKR Lite is as follows:\u003C\u002Fp>\u003Cul>\u003Cli>For U.S. exchange-listed stocks and ETFs, there is unlimited commission-free trading between 4am and 8pm New York City time for stocks and ETFs priced at or above USD$1.00. Relevant US Securities and Exchange Commission (SEC) & Financial Industry Regulatory Authority (FINRA) fees may apply…\u003C\u002Fli>\u003C\u002Ful>",{"request_context":1207,"type":1218,"id":1280,"faq_id":1280,"timestamp":1210,"cir_id":1209},{"id":1285,"title":1286,"short_description":1287,"feedback_context":1288},"faq:\u002F\u002FpageId=76128046","Can I open an institutional account under IBKR Lite?","\u003Cp>You cannot open an IBKR Lite account in the name of an institution, such as a hedge fund, proprietary trading group or organization (corporation, partnership, limited liability corporation or unincorporated legal structure). IBKR Lite accounts can be opened in the name of natural persons…\u003C\u002Fp>",{"request_context":1207,"type":1218,"id":1285,"faq_id":1285,"timestamp":1210,"cir_id":1209}]