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Getting Started as an IB Fully Disclosed Broker

This Getting Started guide provides a comprehensive collection of the tasks you will want to complete as a new IB Fully Disclosed Broker. As an IB Fully Disclosed Broker, you provide customer service and marketing while Interactive Brokers handles the customer registration process. All client account information is known to IB, but not used for any purpose other than to register the client. Your clients may trade directly or you may enter orders for your clients. Fully Disclosed Brokers can also add Advisor accounts, Proprietary Trading Groups Separate Trading Limit accounts, and Multiple Hedge Fund accounts to their broker account.

Please note that this guide is designed as a reference for new users, and comprises a very small subset of the information and trading features available to you through IB and the TWS. The guide assumes the following:

• That your account has been approved and funded.
• That you are the Broker master.
• That a Proprietary Account for Broker-Dealers was automatically created for your own personal trading during the application process.

Must Consider:

• Understand how to log in to Account Management.
• Activate your Secure Login System device.
• Learn the differences between the Master Account and the Proprietary Account for Broker-Dealers.

• Understand the process and timing of account funding, including:
• Fund the Master Account and the Proprietary Account for Broker-Dealers
• Fund Client Accounts

• Add and manage client accounts:
• Add Client Accounts
• Specify Client Fees
• Configure Trading Permissions
• Client Account Funds Status
• Link Client Acounts
• Add Advisors, STL and Multiple Hedge Fund Accounts
• Dashboard
• View Client Account Details
• Trade:
• Subscribe to Market Data
• Log in to TWS
• Add Market Data Lines
• Use Real-time Activity Monitoring
• Familiarize yourself with activity statements and other features of our reporting system

May Want to Consider:

• Enable Additional Traders
• Open a Paper Trading Account
• Add Advisors, STL and Multiple Hedge Fund Accounts
• Broker White Branding
• Configure OATS Settings for Client Accounts
• Update Your Broker Information
• Customer Activity Monitor
• Administrators
• Investors' Marketplace