Hedge Fund

A Hedge Fund account is described as the investment manager for single funds. This account may have one or more users. Configuring authorized trader sub accounts adds the ability to maintain multiple sub accounts for different strategies. Find out more information by reviewing the Guide to Choosing the Right Account page and the What You Need for the Application page.

To open this type of account, follow the steps below.

  1. Navigate to www.interactivebrokers.com and select the Open Account button in the top right corner followed by Start Application.

    The open account on the IBKR website.

  2. Select the Institution tab on the left side and input an Email Address, Username, Password, and Country for this account.

    The open an institution account page.

  3. Select Create Account to navigate to the next page.

  4. Confirm your email address by selecting the blue Confirm button in the top right corner. Select the Business Accounts tab followed by Hedge Fund from the account type drop-down menu.

    Selecting a hedge fund account type

  5. Upon selecting the account type, you will be prompted to enter the Fund Type and the Incorporation/Legal Formation (Country and State). Additionally, select "I am the signatory on this account and authorized to review, sign, and submit the application." or "I am starting this application on behalf of the signatory who will later perform the final review, sign and submit the application." Once these have been selected, click Start Application.

    The Hedge Fund account types have been listed below.

    • Hedge Fund, Mutual Fund, Fund Manager or Similar Investment Vehicle

    • SICAV Fund or Similar Investment Vehicle

    Select the fund type

  6. Enter the Managing Financial Advisor Information by selecting "This application is for an advisor that is NOT licensed or registered with any regulatory agency" or "This application is for an advisor that is licensed or registered with a regulatory agency".

    Select the managing financial advisor of the fund.

  7. If you select "This application is for an advisor that is licensed or registered with a regulatory agency", you must enter the Primary Registered/License Country.

    The managing license advisor

  8. Enter the Regulatory License Information by selecting the check boxes to the left of the regulators your organization is registered with and providing the necessary information.

    Enter the regulatory license information for an advisor.

  9. The next page of the application is the About Your Organization section. Fill this out accordingly and press Continue. If you select Yes, you must enter if you're US Registered, Non-US Registered, or US Exempt. Depending on what you select, there may be additional information to provide.

    Please note, you must advise on at least one set of products from Securities, Commodities and Forex.

    The hedge fund about your organization information.

  10. The following page is an additional About Your Organization section. Fill this out accordingly and press Continue.

    The about your organization panel.

    Please note, to the extent required by law, we will take appropriate technical and organizational measures to keep your Personal Information confidential and secure in accordance with our internal procedures covering the storage, disclosure of and access to Personal Information. To review our privacy policy, please click here.

  11. On the following page, enter the Authorized Person information and press Continue.

    The authorized person information for a hedge fund.

  12. The next page is the Tax Classification section. Enter the information and press Continue.

    The tax classification for hedge fund panel.

  13. Fill out the Regulatory Information and press Continue.

    The regulatory information for a hedge fund account.

  14. The next page is the Configure Your Trading Account page. Fill this out accordingly and press Continue.

    The financial information for a hedge fund account.

  15. The following page is the Confirm Your Tax Residence section. Fill this out accordingly and press Continue.

  16. The Information Required for Applicants Affiliated with Publicly-Traded Companies page will populate next. Fill this out accordingly and press Continue.

    The affiliate public symbol designation

  17. On the following page, enter the Business Association Disclosure information and press Continue.

    The nature of business declaration

  18. The next page of the application is the Review & Sign Agreements section. Fill this out accordingly and press Continue.

    Sign and review the hedge fund application.

  19. The following pop-up may appear on your screen. Click Continue application.

  20. The final page of the application is the Status section. This page will state any additional information or documents needed to complete the application. These tasks are prompted based on the information you previously provided in the application. Any required documents needed for the application will be marked as "REQUIRED" or "Not Yet Received" in red letters. Select the blue buttons to Fund Your Account, Answer Questions, Verify Identity, and Upload Documents.

    The hedge fund application status page.

  21. Once all of these steps have been completed, a member of our back office team will review the application and any submitted documents. Once the account has been approved and opened, you will receive an email from Interactive Brokers advising that your account has been activated and you may log in at any time to start trading.

How to Fund Your Account During the Application

Funding your account during the application process is optional. However, doing so will push your application to a priority review. Funding your account may done by transferring cash from a bank account. Please note, funding Fund Manager (Hedge Fund) accounts is not required as you will use this account solely to manage and trade on behalf of your funds. If you would like to trade on your own behalf, you will need to open an account under your broker account. You may fund a Fund Manager (Hedge Fund) account for other reasons such as subscribing and paying for Market Data and/or Research. To fund your account, follow the steps below.

  1. On the final page of the application, click the Fund Your Account button.

  2. A list of transfer methods will populate on your screen. Click your desired transfer option.

  3. Provide your bank details and complete the transfer request.