# Interactive Brokers

Broker. Managed Accounts and Fund Accounting are assessed independently.

Reference page: /professional-services/interactive-brokers.html

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

## Record ID

interactive-brokers

## name

Interactive Brokers

## Contractual role

Broker

## Legal entity

Contracting affiliate Requires Verification

## Scope

Global advisor documentation; catalog retail trial is a different account.

## services

### managed Accounts

#### Product

Advisor accounts / TWS allocation

#### Evidence status

Documented

#### Summary

Allocate a trading instruction across an advisor’s client accounts.

#### Documented capabilities

- Account groups and configurable allocation values
- Allocation profiles and client trading permissions
- Advisor paper-account workflow documented

#### Requirements

Eligible advisor/client account structure and product permissions; confirm the contracting affiliate.

#### Limitations

The reviewed tool lesson lists stocks, options, futures and futures options. Spot-FX applicability and exact multi-client paper setup require verification.

#### Supporting sources

- [IBKR — advisor account structure](<https://www.interactivebrokers.com/en/accounts/advisor/overview.php>) — source ID: ib-advisor
- [IBKR — TWS Allocation Order Tool](<https://www.interactivebrokers.com/campus/trading-lessons/tws-allocation-order-tool/>) — source ID: ib-allocation
- [IBKR — advisor paper accounts](<https://www.interactivebrokers.com/campus/trading-lessons/signing-up-for-a-paper-trading-account/>) — source ID: ib-paper

#### Evaluation access

##### Route type

Paper account

##### Notes and remaining checks

Advisor paper setup is documented; the allocation lesson recommends practice. No multi-client account setup was tested.

##### Source

[IBKR — advisor paper accounts](<https://www.interactivebrokers.com/campus/trading-lessons/signing-up-for-a-paper-trading-account/>)

#### Accounting scope

Requires Verification

#### Research checked

2026-10-14

#### Testing status

Not tested

### fund Accounting

#### Evidence status

Requires Verification

#### Summary

Pooled-fund accounting has not been established for this provider in the reviewed research.

#### Limitations

This is an evidence gap, not a finding that the service is unavailable.

#### Supporting sources

No supporting source recorded for this field.

#### Research checked

2026-10-14

#### Testing status

Not tested

## Official sources

### IBKR — advisor account structure

Source ID: ib-advisor

https://www.interactivebrokers.com/en/accounts/advisor/overview.php

#### Research checked

2026-10-14

### IBKR — TWS Allocation Order Tool

Source ID: ib-allocation

https://www.interactivebrokers.com/campus/trading-lessons/tws-allocation-order-tool/

#### Research checked

2026-10-14

### IBKR — advisor paper accounts

Source ID: ib-paper

https://www.interactivebrokers.com/campus/trading-lessons/signing-up-for-a-paper-trading-account/

#### Research checked

2026-10-14