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How to buy ETF on Interactive Brokers

 

ETFs are short for exchange-traded fund. ETFs are designed to be bought and sold on trading venues and exchanges, just like stocks. An ETF fund can include many assets types, including equities, bonds, commodities or even forex. For example, a fund that tracks the S&P 500 Index holds the 500 stocks that constitute the index.

Interactive Brokers has an exceptional range of ETFs, you can trade with more than 13,000 ETFs there. 

 

Step by step: how to buy ETF on Interactive Brokers

 

Interactive Brokers has different account types and corresponding interfaces. With the account management tool, you should take the following steps:

 

  • Go to the Interactive Broker website
  • Click on the red ‘Log in’ button
  • Go to the ‘Client Portal Login’ or the ‘Account Management’ link and enter your name and password, and clear the two-factor authentication
  • Fund your account to make the trade you want
  • If the ETF you want to buy is not in your base currency, first you have to buy this currency - which you can do on the platform
  • Search for the ETF you want to buy in the search function on the top right of the website
  • Set the amount you want to buy for or sell and make an order type, such as market, limit, stop or stop limit
  • Sweet the duration of the order
  • Preview your order to make sure you got everything right
  • Click on ‘Submit'

 

Interactive Brokers: further reading

Author of this article

Eszter Zalan

Author of this article

Eszter is a Brussels-based content editor and writer with over fifteen years of experience in journalism. She thrives in researching complicated issues and explain their essence in a plain and clear language to guide you through the world of finance.

Eszter Zalan

Content Editor

Eszter is a Brussels-based content editor and writer with over fifteen years of experience in journalism. She thrives in researching complicated issues and explain their essence in a plain and clear language to guide you through the world of finance.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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