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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 1,842 $ 1,636 $ 1,179
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Deferred income taxes 20 23 9
Depreciation and amortization 58 50 42
Amortization of right-of-use assets 26 24 20
Employee stock plan compensation 92 80 65
Unrealized (gain) loss on other investments, net 8 9 (50)
(Gain) loss on remeasurement of Tax Receivable Agreement liability (6) (1) 3
Bad debt expense 3 3 13
Impairment loss 1   14
Shares distributed to customers under IBKR Promotions 9 9  
Change in operating assets and liabilities:      
Securities - segregated for regulatory purposes (16,660) 12,700 (9,997)
Securities borrowed (837) 1,044 (1,040)
Securities purchased under agreements to resell (1,649) (3,588) 2,319
Financial instruments owned, at fair value 189 (32) 1,286
Receivables from customers 16,172 (15,605) (8,041)
Other receivables 88 (2,540) (515)
Other assets 35 (198) (11)
Securities loaned (2,829) 1,931 5,428
Securities sold under agreements to repurchase     (1,909)
Financial instruments sold but not yet purchased, at fair value (36) 29 (304)
Payable to customers 7,561 9,754 19,634
Other payables (119) 568 (77)
Net cash provided by operating activities 3,968 5,896 8,068
Cash flows from investing activities:      
Purchases of other investments (5) (116) (5)
Distributions received and proceeds from sales of other investments 7 5 5
Purchase of property, equipment and intangible assets (69) (77) (50)
Net cash used in investing activities (67) (188) (50)
Cash flows from financing activities:      
Short-term borrowings, net (9) 4 6
Dividends paid to stockholders (40) (38) (32)
Distributions from IBG LLC to noncontrolling interests (404) (374) (283)
Repurchases of common stock for employee tax withholding under stock incentive plans (20) (27) (17)
Proceeds from sales of treasury stock 23 26 18
Issuance of senior notes 0 1,428 116
Redemptions of senior notes   (1,524) (20)
Payments made under the Tax Receivable Agreement (20) (18) (17)
Net cash used in financing activities (470) (523) (229)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (111) (97) 124
Net increase in cash, cash equivalents and restricted cash 3,320 5,088 7,913
Cash, cash equivalents and restricted cash at beginning of period 25,283 20,195 12,282
Cash, cash equivalents and restricted cash at end of period 28,603 25,283 20,195
Cash, cash equivalents and restricted cash      
Cash and cash equivalents 3,436 2,395 4,292
Cash segregated for regulatory purposes 25,167 22,888 15,903
Cash, cash equivalents and restricted cash 28,603 25,283 20,195
Supplemental disclosures of cash flow information:      
Cash paid for interest 833 222 284
Cash paid for taxes, net 148 114 64
Cash paid for amounts included in lease liabilities 32 24 21
Non-cash financing activities:      
Issuance of common stock in exchange of member interests in IBG LLC 192 376 609
Redemption of member interests from IBG Holdings LLC (192) (376) (609)
Adjustments to additional paid-in capital for changes in proportionate ownership in IBG LLC 27 25 21
Adjustments to noncontrolling interests for changes in proportionate ownership in IBG LLC (27) (25) (21)
Non-cash distribution to noncontrolling interests $ (1) $ (3) $ (5)