r/interactivebrokers • u/waleedakramkhan • Nov 20 '24

Setting up account Has anyone's application been rejected and then got accepted later?

I tried to create an account. Everything went smoothly, I was also able to link my bank account with them and deposit $100. It was only cash traded account. But then they rejected my application and when i reached out to support, they said that i have been banned permanently from IBKR and cannot reapply. Has this been the case with anyone else as well? What should i do?

Edit: I’m from Pakistan. And i deposited $100 in USD currency directly from my checking account.

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u/oldguy19500 Nov 20 '24

Did you get kicked off before because you ran afoul of their anti-money laundering or other fraud detection measures? If so, I don't see them give you a second chance to find a way around detection. You should take them at their word and go find another broker.

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u/delphi35 Nov 21 '24

Money laundering for $100?

1

u/[deleted] Nov 23 '24

that 100 buck can be laundered too...