Can I use a money order to fund my account?

A closing only restriction applied to a product means that we will not accept any orders which would serve to open a position in that product but will accept orders which serve to close an existing position.

This restriction is generally applied to:…

At this time we do not support recurring Online Bill Pay deposits. 

Additional Information…

Yes, it is possible to use a cash amount for stock orders in an IBKR Lite account…

Yes. When using the "Close" feature you can elect to close all or a portion of your positions on multiple assets with either a Limit or Market order. From there, you can select an Algo order to manage the order to close your position.

The steps to use the Close feature using Algo orders can be…