Does IBKR allow trading or holdings of MLPs in retirement accounts?

IBKR does not allow trading or holdings of securities such as Master Limited Partnerships (MLPs) in retirement accounts that have the potential to generate UBTI (Unrelated Business Taxable Income) as this type of income has the potential to trigger taxes and tax reporting in an otherwise tax-deferred account type.

What should I know before trading the IBKR ATS?

Before trading, please read the Risk Warning and Disclosure Statement. For information on the IBKR ATS, please visit the SEC site. 34 countries include both countries and territories. Interactive Brokers account types, ira classes, and base currency.

How does IBKR work?

Earn extra income on the fully-paid shares of stock held in your account by allowing IBKR to borrow shares from you in exchange for collateral (either U.S. Treasuries or cash), and then lend the shares to traders who want to sell them short and are willing to pay interest to borrow them.