Interactive Brokers Tutorial (Desktop Web Portal - IBKR) | How to Start Investing in Europe

Start here 👉 punchsalad.com/lp/ibkr
In this Interactive Brokers tutorial for beginners, I’ll show you how to use the web portal on your desktop to search, buy, and sell stocks, ETFs & other assets on the Interactive Brokers investment platform.
In addition, I’ll point out a few crucial sections you will need on your investing journey. IBKR is not that user-friendly, but you can trade US stocks & ETFs (e.g. S&P500) once you know how to use the web portal.
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🔗 LINKS MENTIONED in this video:
IBKR Pricing plan explanation: • Interactive Brokers Tu...
What happens to your money if your broker goes bankrupt: • Is Your Money Safe If ...
What is short selling: • Short Selling Explaine...
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📝 TABLE OF CONTENTS
(00:00) What to expect
(00:26) Sign Up to Interactive Brokers
(00:47) Deposit money
(03:31) Change pricing plan
(04:21) Find a stock or ETF
(06:30) Stock asset page
(08:41) Buy stock
(12:48) Sell stock (close position)
(15:23) Currency conversion location
(15:42) Watchlist
(15:55) Transfer positions
(16:29) Reports (fees & transactions)
(17:26) Dark Mode
(17:40) Base currency
(18:19) My long-term investment strategy

[@sidestreams6078]

✉ Get investing updates from a European perspective:
punchsalad.com/lp/rr-newsletter/

[@punitsalimath225]

Thanks for the great video Robert. I appreciate it! This channel deserves more.

[@sidestreams6078]

Glad you enjoy it!

[@svatukhin]

Hi Robert, thanks for the video.
If I choose the base currency - USD and send it from a European bank, let's say, $1000, what will the commission be for deposit?

[@AKWouaz]

Thank you, new IBKR user here, can you please advise on how to know if an ETF is UCITS? It doesn't seem to be mentioned in the ETF's title or whatever. Moreover, when i am trying to watch stocks from Greece's Stock Market i get the message "BEST queries are not supported for this contract". I am not sure what to do..

[@user-tl2eq8wf7n]

Thanks for the Video Robert! Is the recurring purchasing option only available on certain stocks? Can`t seem to find it...

[@sidestreams6078]

My pleasure! It should be available for all. What stock are you looking at? I can check if I see it....

[@juniedkarim183]

Hello bro, I'm new in ibkr , I have a qutestion , HOW TO CLOSE THE POSTION I HAVE ? clicking the sell button is CLOSE POSTION or SHORTING ? I'm counfused.
Thank You.

[@sidestreams6078]

Sell is to close it (you will see your position in the buy/sell popup)

[@justmetrading]

Does the PDT rule apply to Interactive Brokers if you live in Europe? (I live in France) Is it really max 3 trades per day for a margin account?

[@sidestreams6078]

Sorry I don't know, I haven't used margin account. I would reach out to IBKR

[@marwan5206]

Thank you,
Can you please make a video about how to withdraw our money from interactive brokers

[@sidestreams6078]

Sorry for late reply. Did you have trouble withdrawing from IBKR?

[@donteatafter1787]

Today I deposited money into Interactive Brokers. Afterward, I attempted to purchase the ETF VWCE. The commission for that purchase is 3.75 euros. Even though I set Tiered pricing in the settings, it remains 3.75 euros. I am from Croatia. Is 3.75 euro ok fee. I am new on IB. So I just want to know if I am right for that fee.
Nice video. Tnx

[@sidestreams6078]

Yeah 3.75 sounds about right, VWCE For me was 2.77 (end of last year) But then IWRD was 3.75, so it depends on the etf

[@evelynandbloom]

I have recently signed up with them and tried to place a trade but cannot due to ´KID´. I am trying to find out more about what this means and there is no list of ETFs that I can trade. Do you have a video about this?

[@sidestreams6078]

looks like you are not alone: www.reddit.com/r/interactivebrokers/comments/10mul93/this_product_does_not_have_a_kid_or_kiid_in_a/
So you dont' have any ETFs available? or just some? Like ETF with ticker: VUSA can you get that one?

[@evelynandbloom]

Thank you for this. It was all the vanguard EFTs except this one which I found yesterday. Seems regulations to protect us just stop us investing in a lot of options.
@@sidestreams6078

[@paulina9139]

Can I buy stock on cash account or must be margin account?

[@sidestreams6078]

yeap! I buy my stocks & etfs from cash holdings.
I think maring trading is just for experienced tranders: www.interactivebrokers.com/en/trading/margin.php