Is a Trust account classified as a Professional for market data?

REVIEW MARKET DATA SUBSCRIBER STATUS

Many exchanges classify customers as non-professional or professional. Exchange rules require that trusts and organizations (e.g. corporations, partnerships, LLCs and unincorporated businesses) must be classified as professional. NYSE, Amex, and TSE Professional Market Data require prior approval from the exchange…

A trust account is a legal arrangement through which funds or assets are held by a third party (the trustee) for the benefit of another party (the beneficiary). The beneficiary may be an individual or a group. The creator of the trust is known as a "grantor" or "settlor."…

Yes. The designation as a Professional or Non-Professional for market data purposes is based upon exchange definitions and has no bearing on the IBKR Lite pricing plan. An individual classified as a Professional for market data purposes is not precluded from maintaining an IBKR L…

IB Australia does not support direct conversions on the same account. If your trust structure has changed from individual trustees to a corporate trustee you will need to open a new account with the corporate trustee structure and transfer your assets…