Statements are generated on a daily, monthly, and yearly basis for all accounts and are available under Statements in Account Management on our website in HTML format. You may generate statements for multiple dates and linked accounts with one click. You may opt to receive statements by email (unsecure) by choosing this option from Email Statements under Account Management.

A daily statement covers all trading activity occurring during products trading hours. For most products, this coincides with exchanges hours, but for some exchanges this might not be the case (e.g. CME equity and fixed income contracts have different closing hours). Daily statements are generally available by 05:00 ET, and monthly statements by 5 business days after the close of a month under normal business circumstances.
..Statement Archive Policy:

We provide free web-based access to the following account statements:

  • Daily account statements for 45 calendar days.
  • Monthly account statements for the 2 prior year.
  • Annual and/or monthly account statements for the 3 prior years.

Account statements older than this may be obtained for a processing fee of $100 for the first statement requested, plus $25 for additional statements requested at the same time. Click here for more information.

 
..Year-End Annual Statements:
Year-end 2006 annual statements will be available January 31, 2007 to all customers under Account Management/Report Management. Annual statements for 2006 have been radically re-designed to include profit and loss calculated under both First In, First Out (FIFO) and Mark-to-Market (MTM) accounting methods.

Under the FIFO method, a closing transaction is matched with the cost basis of the earliest transaction in the position to determine realized profit or loss. Any position that is not closed is marked to the year end price and considered an unrealized profit or loss. Using the MTM method every position is marked to the year end of price regardless of whether or not the position is open or closed.

Many traders in the US use FIFO accounting for stocks, security options, and FOREX, and MTM accounting for futures and futures options. However, other accounting methods are accepted by the US IRS as well as other tax reporting authorities around the world. We suggest you check with a tax professional for more information on the proper reporting of your trading activity. Interactive Brokers does not warrant the accuracy of the profit and loss calculations and it is the responsibility of each customer to check the accuracy of their profit and loss calculations.
 
..United States Tax Reporting for all Customers:
All US legal residents and citizens will receive a 1099 by January 31, 2007 (posted to the website under Account Management/Report Management. IRA accounts will receive their statements by mail from Principal Trust Company (the IRA trustee). Non-US residents and citizens are subject to withholding on US dividends and will receive a 1042S (posted to the PTI ProDirect website under Account Management/Report Management) by March 15, 2007.

In addition to the 1099 and 1042S we will be providing special supporting documentation that will include stock and option profit and loss Schedule D detail and dividend Schedule B detail. These schedules may be attached to your US tax returns as supporting documentation. IB does not warrant the accuracy of the profit and loss calculations and it is the responsibility of each customer to check the accuracy of their profit and loss calculations.
 
..Canada Residents:
All legal residents of Canada will receive a Form T5 and T5008 by February 28, 2007 (posted to the website under Account Management/Report Management). Transaction details for your T5 and T5008 may be found on the year-end annual statement.
 
..Real-Time Trade Confirms:
Real-time trade confirmations are available under Account Management/Statements for all executions from January 1, 2005 up through your most recent trades.

..Downloads:
We provide the ability to download your statements into the following software:
Quicken
Microsoft Money
Microsoft Word
Microsoft Excel
 

Downloading into Quicken or MSMoney

Step 1: If you do not have a PTI ProDirect Investment account in Quicken or Money, create one and manually load your current positions. Enable the account for Online Access.

Step 2: Log into Account Management through our Home Page and choose Statements.

Step 3: Select accounts, dates and a format (Quicken or MS Money) and click the View/Download button.

Step 4: Map the download to your PTI ProDirect Investment Account.

Step 5: Go to the PTI ProDirect Investment Account within Quicken or Money and accept the transactions.
 

Intuit and Money do not support non-US currencies at this time, and so non-US currencies are not downloadable. Only versions of Quicken starting with Quicken 2001 and later will work properly.

Save an HTML file for Import into Word or Excel

Step 1: Login to Account Management and choose the Statements menu item.

Step 2: Choose accounts, dates and a format of HTML/Web, and click View/Download.

Step 3: Once the complete statement has loaded in the page, go to the File menu of your browser and choose Save As. This will prompt you to save the file locally on your computer.

Step 4: Enter a file name and choose a location to save your statement.
 
 
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