This video provides a comprehensive tutorial on how to use the Interactive Brokers platform. It covers account opening, platform navigation, currency conversion, trade history, recurring investments, fund transfers, portfolio management, research tools, and account settings, aiming to make users feel confident using the platform.
To set up recurring investments on Interactive Brokers, users can navigate to the "Trade" section and select "Recurring Investments." From there, they can create a new recurring investment by choosing the stock or ETF they wish to buy, specifying the amount (including fractional shares), setting the starting date and interval (daily, weekly, etc.), and choosing whether to set an end date or continue indefinitely for dollar-cost averaging. The platform then provides a summary for confirmation before the recurring investment is active.
