IBKR offers an automatic trading feature whereby account holders may set up a 'recurring investment' instruction with the cash amount, asset to invest into and the schedule when to invest (e.g. buy 500 USD of IBKR on the 2nd day of the month). Outlined below are a series of FAQs which describe the program and its operation.

1. How can I participate in the program?

Requests to participate are initiated online via Client Portal. Select the Trade menu option followed by Recurring Investments.

2. What accounts are eligible to use IBKR's recurring investment feature?

Recurring investment is available to any client that has fractional share trading enabled. Please note, IBKR is gradually rolling out this feature and it will first be made available to IBLLC clients.

3. Which securities are eligible for recurring investment?

The recurring investment feature is available for US and European shares. Please note, IBKR is gradually rolling out this feature and it will first be made available to US assets which trade in fractions.

4. When does the investment occur?

The client is able to choose a date and select a schedule on which to invest (e.g. weekly, monthly, quarterly, etc.). Trades are executed soon after open on the start date and continue on future dates based upon the schedule selected. If the market is closed on the scheduled recurring investment date (e.g.: holiday, weekend) then the recurring investment will be scheduled for the next open market date. If the schedule of monthly, quarterly, or yearly is selected and the recurring investment date does not exist for the month (e.g.: February 29th) then the last date of the month will be used.

5. At what price does reinvestment take place?

As shares are purchased in the open market, the price cannot be determined until the total number of shares for all program participants have been purchased using combined funds. Each aggregate order will result in one or more market orders. In the event that the purchase is executed in multiple smaller trades at varying prices, participants will receive the weighted-average price of such shares (i.e., each participant receives the same price).

Recurring investments are filled through Volume-Weighted Average Price (VWAP) orders submitted on a best-effort basis at market open on each scheduled purchase date. The time in force suspends the same day at the close of the market. All customers with recurring investments in the same security on the same date receive the same average price on their investment. If markets are closed on a scheduled recurring investment date, due to a weekend or holiday, recurring investment orders will be placed the next trading day. If there is a partial fill, clients will receive shares valued at less than the requested amount and the next scheduled purchase date will be increased by the instructed frequency. If no fill occurs (IBKR is unable to purchase shares on that trading day) the client experience will be the same as if the markets are closed: recurring investment orders will be placed the next trading day without increasing the next scheduled purchase date.

6. Is the recurring investment program subject to a commission charge?

Yes, standard commissions as listed on the IBKR website are applied for the purchase. Please note that the minimum commission charge is the lesser of the stated minimums (USD 1 for the Fixed structure and USD 0.35 for the Tiered structure) or 0.1% of the trade value. 

7. What happens if my account is subject to a margin deficiency when the recurring investment occurs?

If your account is in a margin deficit and can’t initiate new positions, the recurring investment will not occur, even if you have the feature enabled. Please note that recurring investment orders are credit-checked at the time of entry—should an account go into margin deficiency at any time after that, including as a result of the end-of-day SMA check and the end of Soft Edge Margin, the account will become subject to automated liquidation.

8. Will I receive whole shares or fractional shares?

You will receive fractional shares for the stocks where we offer fractions. If the stock is not offered in fractions, you will receive full shares up to the cash amount.

9. What are the tax considerations associated with recurring investment?

The purchase of a shares via recurring investment is similar to that of any other share purchase for purposes of tax reporting. 

10. Where can I see the recurring investments I have set up?

The "Recurring Investments" screen in Client Portal will display a grid with your current active recurring investment plans.

Please note that open recurring investment instructions are not visible on the Trader Workstation (TWS) or IBKR Mobile order screens. Submitting orders from these platforms will increase your exposure beyond that scheduled for your recurring investment. Your open recurring investment orders are visible in Client Portal from both the Portfolio and Trade > Orders & Trades menus.

11. What happens if I don't hold the currency the stock is denominated in?

If you don't hold the currency the stock is denominated in, IBKR will auto-convert currencies to complete the trade.

12. What happens if my recurring investment involves a security that is no longer available?

Your recurring investment will be cancelled. When a pending order involves a security that is the subject of a reverse split or merger, or a security that is delisted, the order will be cancelled.

Why become a Professional Investor?

Professional Investors are considered as having sufficient capital, experience and a net worth that lets them engage in more advanced types of investment opportunities, including products such as FX Swaps, ChiNext, or virtual assets.

Generally, Professional Investors do not need to liquidate investment assets in the short term and can experience a loss of their investment without damaging their overall net worth.

Which products are available to Professional Investors?

We are constantly expanding the selection of investments available to clients and periodically adding new products and services that are only available to Professional Investors.

The following products are currently available:

How do I qualify as a Professional Investor in Hong Kong?

To qualify as a Professional Investor, you must meet or exceed prescribed financial thresholds, which vary by client category:

* If you are a joint account holder, you must represent and warrant to Interactive Brokers Hong Kong (IBHK) that you and the other account holder are married or parent/ child and that there is no written agreement between you and the other account holder which governs the sharing of your joint portfolio. If you and the other account holder are not married or parent/ child, or if an agreement exists which governs the sharing of your joint portfolio, you must immediately notify IBHK.

What are the risks of becoming a Professional Investor?

Professional Investors are not afforded some of the protections given to general retail investors. In particular, IBHK is not required to fulfill certain requirements under the Code of Conduct and other Hong Kong regulations when providing services to Professional Investors. These include, but aren’t limited to, rules restricting or prohibiting the issuance of advertisements, the making of unsolicited calls and the communication of an offer in relation to securities.

IBHK recommends that prospective Professional Investors obtain independent professional advice, if deemed necessary, in relation to the consequences of being treated as a professional investor (including those set forth in the SFO and the Code of Conduct).

How can I opt out of being classified as Professional Investors?

Professional Investors have the flexibility to withdraw their consent at any point in time by changing their PI classification to “Non Professional Investor” via the Account Settings in Portal Once changed, PI-related trading permissions will be immediately removed and existing open positions will be set to “Closing- Only”. You may continue to hold or close existing position of these exclusive products but cannot expand or open new positions.

You may also cease to be classified as Professional Investor if you take no action to validate your eligibility during IBHK’s annual Professional Investor review. A notification email will be sent to you if your classification is not aligned to the PI financial threshold.

Professional Investor status is subject to IBHK’s validation of your assets. Investing in financial products and services is subject to IBHK’s eligibility and suitability criteria.

下方介绍了在不同手机操作系统下如何拍照并将照片通过电子邮件发送给盈透证券的详细步骤：

• iOS（iPhone）
• 安卓（如三星Galaxy、HTC One X、索尼Xperia和摩托罗拉Droid） 

如果您已经知道如何拍照并通过电子邮件发送图片，请点击此处——电子邮件应该发送到哪里以及邮件主题应该写什么。

iOS
1. 从手机屏幕的底部向上滑，然后点击相机图标。

如果没找到相机图标，您可以从iPhone主屏幕点击相机应用程序图标。

通常情况下打开的应该是后置摄像头。如果打开的是前置摄像头，请点击摄像头切换按钮。

2. 将手机移到文件上方，镜头对准需要的位置或页面。

3. 确保光线均匀、充足，避免因为拿手机的姿势在文件上投下任何阴影。手机拿稳，防止抖动。点击拍照按钮拍照。

4. 点击左下角的缩略图查看您刚刚拍的照片。

5.  确保照片清晰，文件字迹清楚。您可以用两个手指在图片上划开来放大图片查看细节。

如果图片质量或亮度不好，请重复上述步骤重新拍照。

6. 点击屏幕左下角的分享图标。

7. 点击电子邮件图标。

注意：要发送电子邮件，您的手机必须有相应配置。如果不知道如何配置，请联系您的电子邮件供应商。

8. 请参见此处了解如何填写电子邮件收件人（To:）和主题（Subject:）。填写完毕后，点击右上方的向上箭头发送邮件。

安卓
1. 打开应用程序列表，启动相机应用程序。或者直接从手机主屏幕启动相机。取决于您的手机型号、制造商或设置，相机应用程序的叫法可能有所不同。

通常情况下打开的应该是后置摄像头。如果打开的是前置摄像头，请点击摄像头切换按钮。

2. 将手机移到文件上方，镜头对准需要的位置或页面。

3. 确保光线均匀、充足，避免因为拿手机的姿势在文件上投下任何阴影。手机拿稳，防止抖动。点击拍照按钮拍照。

4.  确保照片清晰，文件字迹清楚。您可以用两个手指在图片上划开来放大图片查看细节。

如果图片质量或亮度不好，请重复上述步骤重新拍照。

5. 点击屏幕右下角的空白圈圈图标。   

6. 点击屏幕左下角的分享图标。

7. 在显示的分享菜单中点击手机上安装好的电子邮件客户端的图标。下图显示的是Gmail，但手机设置不同，电子邮件程序也会不同。

注意：要发送电子邮件，您的手机必须有相应配置。如果不知道如何配置，请联系您的电子邮件供应商。

8. 请参见此处了解如何填写电子邮件收件人（To:）和主题（Subject:）。填写完毕后，点击右上方的飞机图标发送邮件。

电子邮件应该发送到哪里以及邮件主题应该写什么
应按照以下说明发送邮件：
1. 在收件人（To:）字段，输入：

•   newaccounts@interactivebrokers.com（如果您是非欧洲国家居民）
•   newaccounts.uk@interactivebrokers.co.uk（如果您是欧洲国家居民）

2. 主题（Subject:）字段必须注明所有以下信息：

•     您的账户号码（通常格式为Uxxxxxxx，其中x是数字）或您的用户名
•     发送文件的目的。请采用以下惯例：
  • 居住地证明请写PoRes
  • 身份证明请写PID