Does MemoryBank work with Interactive Brokers?

Yes. Interactive Brokers links to MemoryBank, read-only, through Plaid (it's in Plaid's current list, checked 2026-11-02). Your child's Interactive Brokers account shows in their own view next to their other accounts, with live prices and plain-English explanations from Penny.

Interactive Brokers accounts for kids

Interactive Brokers offers custodial accounts for a US-resident minor.

UGMA/UTMA account

A cash account a custodian runs for a minor who is a US resident.

Account details are as described by Interactive Brokers in November 2026 and can change; check there before opening an account. MemoryBank isn't affiliated with Interactive Brokers. Sources: Interactive Brokers: UGMA/UTMA accounts.

How to connect Interactive Brokers

  1. 1Create a free MemoryBank account and add your kids.
  2. 2On the Starter or Family plan, choose Connect an institution, then “Brokerage, retirement, or 529”.
  3. 3Search for Interactive Brokers on the Plaid screen and sign in there. MemoryBank never sees your login.
  4. 4Pick your child's Interactive Brokers account, then assign each one to the right kid.

Prefer not to link? Add the account by hand on any plan, including Free. Holdings are priced live; a 529 can be a single balance you update when the statement arrives.

What your child sees

On a paired phone, tablet or wall display, your child sees their Interactive Brokers account next to everything else that's theirs: the total, how it's growing, and the companies they own, each with a plain-English story. They can ask Penny, the built-in AI money mentor, what anything means at their age, from 5 to 18+. They can't trade, transfer or withdraw; those features don't exist in MemoryBank.

Common questions

Does MemoryBank see the password for Interactive Brokers?
No. You sign in to Interactive Brokers on a secure Plaid screen, and MemoryBank gets read-only access to the accounts you choose. MemoryBank never sees or stores your Interactive Brokers login.
Can my child trade or withdraw from the Interactive Brokers account in MemoryBank?
No. MemoryBank is read-only for kids and parents alike: no trading, transfers or withdrawals. The account stays at Interactive Brokers and you manage it there.
What if my child's Interactive Brokers account doesn't show up when I connect?
When you connect, Plaid shows the accounts available under your Interactive Brokers login and you pick your child's. If one doesn't appear, add it as a manual account: enter the holdings (priced live) or a single balance. Manual accounts work on every plan, including Free.
Do I need a paid plan to link Interactive Brokers?
Linked accounts are on the Starter and Family plans. On the Free plan you can add the same account by hand and update it yourself.

Other brokerages: Schwab · Fidelity · Vanguard · E*TRADE · Merrill · Robinhood · Webull · Edward Jones · T. Rowe Price · Acorns · M1

529 plans: my529 · ScholarShare 529 · Bright Start · Invest529 · Texas College Savings Plan · Path2College 529 · search every institution

Their money is growing. Let them see it.

Free to start. Connect the accounts you already have and give your kid their own view.

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MemoryBank is not a brokerage. It cannot receive, keep or transfer securities, and it never holds your money.