Self-Invested Personal Pension
(SIPP) Account Administrators

Attract SIPP Beneficiaries who want low cost and best execution, access to global markets and advanced trading technology.

How It Works



A SIPP account 1 is a pension account available to all UK residents between the ages of 18 and 75 that allows customers to control their retirement savings and where they are invested. Customers who are employed or self-employed may contribute up to 100% of their earnings (up to £235,000) in any one tax year. SIPP accounts allow retired and unemployed customers to invest up to £3,600 per year and trade financial products, property and other items. Interactive Brokers (UK) Limited does not accept SIPP's outright; rather, it does accept a SIPP Administrator of a SIPP to open a master account. A SIPP Administrator's clients can then open subaccounts and trade their SIPP through Interactive Brokers (UK) Limited.

First, a SIPP Administrator opens a Pension Administrator account with Interactive Brokers (UK) Limited. This account will be your master account. Once your firm completes our online application and submits the required ID documents, we will review and approve your account.

Next, the SIPP Administrator (the master account) sends invitations to each of their respective SIPP Beneficiaries to open an IB account to make use of our online brokerage services. Once each SIPP Beneficiary subaccount is approved, the SIPP Administrator configures trading permissions for the subaccounts and, once funds are deposited, the SIPP Beneficiary subaccounts are ready to trade.

SIPP Administrators (Master Account)
enjoy the following benefits
  • No fees to set up your master account.
  • Manage your SIPP Beneficiary subaccounts with our flexible online Account Management.
  • Comprehensive reporting, including online statements and reports available for all of your sub accounts.
  • Configure user access rights for your internal users to view statements, authorise trading permissions for any of your subaccounts, confirm subaccount funding requests, and more.
  • White branding is available at no extra cost.
  • Get listed on our website as a pre-approved SIPP Administrator so that any prospective SIPP clients can contact you about your services.
SIPP Beneficiary Clients (Subaccounts)
enjoy the following benefits
  • IB's integrated approach makes it easy to trade multiple products on multiple exchanges and assets denominated in multiple currencies from a single account.
  • Trade on over 120 market centers in 26 countries.
  • Trader Workstation (TWS), our market maker-designed trading platform, optimizes your trading speed and efficiency in a single, comprehensive and customizable workspace.
  • View real-time market data, including prices, fundamental data, news and more (terms and costs may apply).
  • Comprehensive reporting.
  • Manage and control your trading risk with our advanced risk management technology.
  • Low cost brokerage fees. For example,
    • US shares (flat rate): $0.005 per share (all in, via IB Smart Routing).
    • UK shares (flat rate): £6.00 per bargain (all in, via IB Smart Routing), i.e., for orders £50,000 in trade value or less. You pay an additional 5 basis points for the part of the order, which is above £50,000 in trade value. Note Stamp Duty may apply.
    • Other low cost fees available. Click here for a full commission list.

Lower Your Costs to Maximize Your Return

Our transparent, low commissions and financing rates, and best price executions
minimize your costs to help you maximize your returns.
Generate Higher
Returns

We offer lower commissions, no ticket charges; no minimums; no technology, software, platform, or reporting fees; and low financing rates, with higher loan values on portfolio margin accounts over $100K. Click below to see how our low costs compare to other brokers.

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Best Price
Execution

Most brokers trade against your orders or sell them to others to execute who will trade against them. The resulting poor execution probably costs you more than the commission you pay. IB SmartRoutingSM continuously searches and reroutes to the best available prices for stocks, options and combinations.

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Lowest Margin
Rates

We offer the lowest margin loan interest rates of any broker, according to the Barron's 2017 online broker review. Click below to calculate your own sample margin loan interest rate.

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Stock Yield
Enhancement Program

Earn income on your fully-paid stock shares in our Stock Yield Enhancement Program. The program lets us borrow your shares in exchange for cash collateral, and then lend the shares to traders who are willing to pay a fee to borrow them. You will be paid a loan fee each day that your stock in on loan.

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Your Gateway to the World's Markets

Direct market access to stocks, options, futures, forex, bonds, ETFs and CFDs from a single IB Universal Account™.

120Markets

26Countries

22Currencies

Access market data 24 hours a day and six days a week to stay connected to all global markets.

Convert currencies at market determined rates as low as 1/10 of a basis point, or create a position collateralized by a non-native currency.

Fund your account in multiple currencies. Trade assets denominated in multiple currencies from a single account.

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Financial Strength and Stability

Our strong capital position, conservative balance sheet and automated risk controls protect IB and our clients from large trading losses.

Interactive Brokers Group (IBG LLC) equity capital exceeds $6 billion1. 16.6% of IBG LLC is owned by the publicly traded company, Interactive Brokers Group, Inc. and the remaining 83.4% is owned by our employees and affiliates.

Unlike other firms, where management owns a small share, we participate substantially in the downside just as much as in the upside which makes us run our business conservatively. We hold no material positions in OTC securities or derivatives. We hold no CDOs, MBS or CDS. The gross amount of our portfolio of debt securities, with the exception of US governments debt securities, is less than 10% of our equity capital.

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  1. Includes Interactive Brokers Group and its affiliates.

On Demand Learning at Traders' University

Even the most experienced traders need to keep learning to stay ahead. Traders' University provides information about IB products and services in many different ways. Choose the method that fits your own learning style.

Open an Account

Interactive Brokers (UK) Limited supports the ability of SIPP Beneficiary accounts to trade through an IB Cash account, but only through a pre-approved SIPP Administrator 2. We do not accept SIPP accounts directly. For a list of our pre-approved SIPP Administrators, click here.


For local assistance in London on SIPP accounts, call 020 7 776 7800.

SIPP subaccounts are only available to individuals between the ages of 18 and 75.

IB does not support ISAs, QROPs, PRSAs, nor does it accept US citizens or US residents that trade through a SIPP.

You cannot trade CFDs through our SIPP subaccounts.

To trade your SIPP through us, you must first negotiate terms and fees with any of our pre-approved SIPP Administrators.



Additional Account Information
SIPP Account Structure Chart


  1. A SIPP account is a personal pension account that allows individuals to control their retirement savings and where they are invested. A SIPP account provides customers with more flexibility and control over their savings and investments. A SIPP Beneficiary account holder can trade financial products (terms apply). SIPP's are available to all UK residents under the age of 75 and allows customers who are employed or self-employed to contribute up to a predefined amount in any one tax year. Please refer to the HM Revenue & Customs website for more details as these contribution limitations are subject to change annually.
  2. A SIPP Administrator is an entity that is authorized and regulated in the United Kingdom, which acts as the trustee to a SIPP. A SIPP Administrator provides administration services for a SIPP. Click here for a list of approved SIPP Administrators.