Can You Copy Trade on Interactive Brokers?

Interactive Brokers (IBKR) is popular with active and professional traders, so it comes up often: can you copy trade on Interactive Brokers? The honest answer right now is no, and it comes down to the type of connection available.

Why not, currently

Copy trading requires a trade-enabled connection, so the platform can place orders in your account within your limits. IBKR connections through the secure aggregator are typically read-only, meaning positions and data can be viewed but orders cannot be routed. Without order placement, copy trading is not possible on Interactive Brokers through RelayTrades at this time. Broker support evolves, so this can change.

Which brokers do support copy trading

If you want to copy trade, these brokers are set up for it with RelayTrades (through SnapTrade), so copied trades route into your own account:

• Webull, Charles Schwab, Moomoo, E*TRADE, and tastytrade (stocks, ETFs, and options).
• Alpaca, Public, Tradier, and TradeStation (stocks and ETFs).
• Questrade (stocks, ETFs, and options; availability can differ by region).

Copy trading needs a trade-enabled broker connection. Interactive Brokers connections are typically read-only, so copied trades cannot be placed there yet. Check the current supported-broker list when you connect.

What you can do

If you already use Interactive Brokers and want to copy trade, the practical path is to open or use one of the supported brokers above and connect that account. Your funds stay in your own account either way, and RelayTrades never takes custody. Support for additional brokers can expand over time, so it is worth checking the current list.