Account Configuration

The Configuration panel on the Account Settings screen lets you configure the following account settings:

  • Account Alias - Define an alternate name for your account that is easier to remember than your Account ID.
  • Account Type - Upgrade your Cash account to a Margin account, or upgrade your Margin account to a Portfolio Margin account.
  • Excess Funds Sweep - Configure how you want us to handle the transfer of excess funds between the Securities and Commodities segments of on an account.
  • Paper Trading Account - Sign up for a paper trading account, which lets you trade in a simulated environment.
  • Account Transfer - Transfer all assets from your account to eligible destination account.
  • Manage Administrators - View, add, or remove Administrators to your account.
  • IBKR Pricing Plan - Modify your commission plan.
  • Manage Account Linking - Create a new linked account, link existing accounts, move your account to an Advisor-managed account, or divide your account into multiple partitions.
  • Securities Class Action Recovery - Enroll in Litigation Recovery Service for eligible securities.
  • Close Account - Close your account.
  • Large Trader ID - Configure your account to use your SEC Large Trader ID number(s).