Can I be a professional market data user and have IBKR Lite?

The Market Data Group continuously reviews Professional or Non-Professional client designations for market data subscriptions. The reasons a client's status would change from Non-Professional to Professional are:

• The Non-Professional Questionnaire (NPQ) is outdated or not on file…

CREATE A SECOND USER 

Yes, you can create a second user name with different market data subscriptions. Please see the IBKR Knowledge Base for more information on creating an additional user in the account holder's name…

If a client changes their market data status mid-month from Professional to Non-Professional the system will terminate any Professional market data and will look for the matching Non-Professional market data package. If there is an exact match, the system will automatically subscribe to the matching Non-Professional market data package and IBKR will issue a refund for the Professional market data subscription. The refund will be given typically on a one day lag from when the Non-Professional data was subscribed to. If there is no matching market data package, the Professional market data package will still be terminated but there will be no refund issued for that month…

IBKR offers the same commission structures to both Retail and Institutional clients, as well as to Professional and Non-Professional clients. 

Please Note…