A Proof of Trader Authority is a document issued by an entity or individual (the "Account Holder") who owns an account with Interactive Brokers (the "Account") that grants a person (the "Trader") with trading access to the Account.
The Account Holder should provide a typed, signed and dated letter to Interactive Brokers in which they confirm that the Trader is authorized to trade on behalf of the Account Holder on the Account, drafted on the basis of the following template:
PROOF OF TRADING AUTHORITY
[Account Holder or Company Letterhead]
Date: [Day Month Year]
To: Interactive Brokers
Trading Authority for [Account Number(s)]
[Account Holder or Company Name] hereby authorizes [Name of Trader] to carry out all transactions, including [margin] trading, on behalf of [Account Holder or Company Name].
Yours sincerely,
[Signature]
[Name]
[Title]