If you want to open Interactive Brokers UK account, this guide explains the full registration process step by step.
If you are based in the UK and want access to US stocks and options markets, Interactive Brokers (IBKR) is one of the most popular platforms among serious traders.
In this guide, I’ll walk you through exactly how to open an IBKR account from the UK, what documents you’ll need, how long approval takes, and common mistakes to avoid.
Open Interactive Brokers UK account guide
Why UK Traders Choose Interactive Brokers
- Access to US stocks and options
- Low commissions compared to many UK brokers
- Advanced trading tools and professional platform
- Strong global regulation
Account Types Available
Talking about opening Interactive Brokers UK account, Interactive Brokers offers several account types:
- Individual account
- Joint account
- Corporate account
For most UK retail traders, the Individual account is the most straightforward option.
Step-by-Step Application Process to open Interactive Brokers UK account
- Create an account online
- Fill in personal information
- Upload identity documents (passport / driving licence)
- Confirm trading experience
- Wait for approval (usually 1–3 business days)
Open an Interactive Brokers Account Here
Funding Your Account from the UK after opening Interactive Brokers UK account
- Bank transfer in GBP
- Currency conversion inside IBKR
- Funds usually arrive within 1–2 business days
Fees Breakdown
- US stock commission
- Options commission
- Market data subscription fees
Always review the latest fee schedule before trading.
Common Mistakes to Avoid when you try to open Interactive Brokers UK account
- Not enabling the correct options trading level
- Ignoring market data subscription
- Misunderstanding margin requirements
Conclusion
If you are serious about trading US markets from the UK, Interactive Brokers remains one of the most efficient and professional platforms available.
How Long Does Interactive Brokers UK Approval Take?
Most UK applicants receive approval within 1 to 3 business days. However, delays can happen if documents are unclear or financial information needs verification.
Interactive Brokers UK Fees Explained
Before you open Interactive Brokers UK account, you should understand the fees:
- US stock commission
- Options commission
- Currency conversion spread
- Market data subscriptions
Always check the official fee schedule before trading.
Pros and Cons of Interactive Brokers UK
Pros
- Low trading costs
- Access to global markets
- Professional trading tools
Cons
- Platform may feel complex for beginners
- Market data may require subscription
Step-by-Step: How to Open Interactive Brokers UK Account
Here is a detailed breakdown of how to open Interactive Brokers UK account correctly:
- Go to the official Interactive Brokers website.
- Click “Open Account”.
- Select Individual Account (most UK traders choose this).
- Complete your personal information.
- Provide your National Insurance number.
- Upload ID and proof of address.
- Select trading permissions (stocks, options, etc.).
- Submit and wait for approval.
Most applicants receive approval within 1–3 business days.
Funding Your Interactive Brokers UK Account
After you open Interactive Brokers UK account, you need to fund it. There is few way to do it:
- Deposit GBP via UK bank transfer or other platform like Wise.
- Convert GBP to USD inside IBKR
- Funds usually clear within 1–2 business days
Is Interactive Brokers UK Good for Beginners?
Interactive Brokers UK is powerful but designed for serious traders. If you plan to trade US stocks or options long term, it offers more flexibility and lower fees than many UK brokers.
Common Mistakes When Opening Interactive Brokers UK
Many beginners make small mistakes when trying to open Interactive Brokers UK account:
- Selecting the wrong account type
- Not enabling trading permissions properly
- Forgetting to verify identity documents
- Not understanding currency conversion fees
Before submitting your application, double-check all personal information and trading permissions to avoid delays.
**For more beginner trading guides, visit our blog.
**If you’re new to trading, check out our Start Here – Begineer Guide to Investing in the UK here.