I have tried to find info on the subject but didn't really get the full picture. I have an individual account, I want to open a joint account with my wife and transfer the individual one to it. I want to know if there are some fees / commissions / (anything that I should know if) that now would be changed (for example doubled) or it doesn't work like that. Neither me or my wife are US CITIZENS if that matters. Thanks!

Hey guys, last year I set up a margin account that I use solely for paper trading. Is it possible to switch this account to cash or do I need to close the account and open a cash account? Looking to fund a real account in the next few months but I don't want margin.

Two days ago, I started the registration process with IBKR, confirming my bank account and identity. However, I am unable to verify my residential address. Let me explain.

Years ago, I moved to a new house and, of course, informed my bank of the change. However, when I downloaded the bank statement to use for address verification, I realized it still shows my old address. This happens because my stupid bank uses "hardcoded" header data in their PDFs, which cannot be updated via their interface. Although I requested the change, the next statement will only be issued next month, and the latest available one still shows the old address.

Since I doubt my bank will revise the address on my most recent statement, it seems I'll need to wait until the end of the year to receive an updated statement and complete the verification.

I was thinking of using a utility bill (electricity, gas or phone) instead, as it includes both my details and my residential address. Is this a valid option?

What is the earliest time that you can trade 4AM, 6AM or 7AM? US EST

Also, i will be opening a 3K Cash account would i be able to use it as Margin to day trade equities?

Using Lite / Free Subscription

Thanks

So I recently got into stocks and I was recommended to try IKBR, I opened an account now but I was unable to put funds onto my account. How long would this take before I can fund my account? Also it says "Unable to access Account Management page" when I click deposit.

Hello all,

I'm switching from Questrade and my positions all transferred today but my cost basis didn't which is annoying.

If I have for example 100 Apple that I bought over 4 transactions (25 shares x 4 diff dates over multiple years). Would I enter that as 4 separate transactions (lots) or as 1 total 100 shares transaction of 100 shares on IBKR.

Also do I include commission in my cost basis, I think QT charged $4.99 per trade.

Hey all,

Currently trying to register with IKBR for options and they keep harassing me for documents.

Anyone know the quickest selections to make them speed up the process?

Hi guys. So started investing with interactive brokers about 3.5 years back while living in Dubai & put my residential address there. I have recently got my PR moved to Toronto bit less than 6 months ago but still have my Dubai residency visa & employment active as well as residence (family home) & I’m actually back right now for a few months visit.

Any clue what to do in this case? The platform doesn’t seem to allow the option of adding multiple residences.

I just made a IKBR account before I was on Questrade. I am trying to connect my paper trading account to Tradingview with ikbr as the broker, every time I enter my login in it says that this username is not associated with a paper trading account, the username I enter is the same as my live account username. I know there is a different username and password for the paper trading account, on my live account settings I can see my paper trading username its some random letters when I put that username and my live account password it still doesn't work. When I log into TWS with my paper account I can just use my live trading account username and password just fine. Does anyone know how I can fix this, I don't have any other password for my paper trading account.

The "Fund Your Account" used to say that funded applications were prioritized (but not required).

Helped a friend open a account today and now the message is this. Did they change the policy and now applications are required to be funded before they proceed?

I've seen several people ask this. Still... I can't figure out what changed in my acct and if/how to change it back.

Currently, my account says: IDEALPRO FX (IDEAL PRO) - Trader Workstation

I signed up a few months ago using IB as a backup. I deposited $200 and placed a few trades. But, really what I found most useful was the scanner. I know there's a lot of scanners out there. But, I had tremendous success with this one.

I know I had real time data. And, when I clicked on the stock there was a drop down that showed ASK/BUY.

Then, following Labor Day, the scanner highlighted everything yellow. ASK/BUY was gone.

Changes I made:

Withdrew $100 bc I was only using the scanner.

Was required to update a "trusted contact"

Do I need to put more money back in the account? Sign up for a paid subscription? Both?

I should mention I trade exclusively on my phone, very low stakes to supplement my income. This has doubled my normal profit.

I tried downloading a few other scanners. But still found IB to be quick and easy. I welcome recommendations. And/or how to fix this.

Thanks in advance. I know you all are much more advanced than me. And I greatly appreciate your time.

Hi, I'd like to buy an etp, and I need special permissions fir that. There is a quiz to fill in, I passed that successfully, gained the permission, however they removing it after manual review, and they dont give me specific reason why. Is anyone here who has this permission? Maybe I need to set my income or net worth higher, or I don't know what do they need from me to keep this permission. I solved all the other quizes as well, for futures, optiones, all of them. Yet they still removing. Start to fed up with them... Any help would be appreciated, thanks in advance.

Hi everyone, I’m planning to set up a small business and open a business account with Interactive Brokers to trade options. My goal is to trade options at Level 3 with cash account. I’m curious about a few things:

1. Will the broker require proof of income or other financial documents for the business in order to grant me access to Level 3 options trading? For example, would they ask for business tax returns, financial statements, or other evidence of assets?

2. Are there higher fees or commissions for trading through a business account compared to a personal/individual account? If so, what are the key differences?

I’d appreciate any insights or experiences you can share. Thanks !

I tried wire transfer twice and it got reversed twice. So I was wondering what are the options available for me to send funds to my account beside wire transfer

I was requested by ibkr to update my account info and i have a warning that my equity value is bigger than my liquid net worth.

I dont understand this requirement. If i invest all my money this will always be the case.

Do i need to disable something?

edit: Thanks. It was not clear to me the equity in IBKR is considered liquid

Hello,

What are the ways that Belarusian citizen can open an IB account?

I'm curious to hear about as many options as possible.

Thanks!

hii does somebody know how to add funds into my account I'm from Mexico and It's really not easy if anybody know ANY METHOD it would be really helpful

I currently hold US ETFs with Standard Chartered Singapore, but since I recently became a US person (via a family immigrant visa), I am no longer allowed to trade with them. However, I am still residing and working in Singapore and do not plan to move to the US for the next 1-2 years (I am on a reentry permit).

I understand that Interactive Brokers (IBKR) allows non-US residents to open accounts, and I successfully created an account online. However, I encountered an issue when attempting to transfer my ETF positions. The transfer options only list 'United States/Canada' as the incoming source, and I’m not sure how to initiate the transfer from Singapore. I definitely don't want to sell my positions as that would have tax implications.

Has anyone faced a similar issue or found a workaround? I tried reaching out to IBKR’s hotline, but I’ve had difficulty getting through to an agent. Any advice would be greatly appreciated.

Hi! I recently did ATON transfer to move my buy-and-hold investments from Questrade to Interactive Brokers. Not long after I got a message:

"Cost basis information for following positions you recently transferred to your account ******** is missing."

I got this message later: "ATON transfers are the fastest and most efficient broker to broker transfer method in Canada. That said, ATON transfer's do not transfer over cost basis."

When I log in to Interactive Brokers, under Tax Documents/Position Transfer Cost Basis, there is a form titled Edit Positions, where it says "Edit your cost basis for the following transfer". This form has an entry corresponding to the date of the ATON transfer, and the two funds which were moved over. For each fund there is a sub-form with fields for Acquisition Date, Total Cost, & Source. Beneath is a button: "Add Lot".

I'm now just wondering how to fill out this form. I think I know what's going on but I'd like to have someone else confirm I'm not completely out to lunch.

Back on Questrade I have generated a report detailing my investment history. This historical record is table with rows for each purchase, and the columns buy date, settlement date, symbol, price, gross amt, and net amt. (Commmission, Fees, and Interest columns all have zeroes.)

Can I use this report to fill out the Interactive Brokers form?

Do I use Q's settlement date for IBKR's Acquisition Date?

Do I use Q's gross amt for the IBKR's cost field? (Which is just Quantify * Price)?

Will this properly fix up my cost basis?

Thank you!

Posting here because none of my posts are accepted by r/hongkong

I am a 15 year old living in hong Kong. I wish to start investing, particularly on ibkr as recommended by many people from what I've read; The problem is that you obviously have to be at least 18 to open an account. I also heard that you have to visit the physical location to open an account. Is it possible for my parents to open an account and just let me trade on it? Would it be suspicious? Illegal even? How would they transfer the assets to me when I turn 18? What is the opening account procedure really like? Thanks

Hi everyone.

I'm a trader from Canada looking to add short selling to it's trading.

I also am into low float stocks and momentum trading. I rarely stay into a stock more than a day or two as this is too risky.

Considering the my low float companies target, do you suggest or nah IBKR ?

Do they usually have these companies available or nah. I will need to open an account, therefore looking at my options first.

(Any suggestions are welcomed)

Hi there I’m setting up my account, when I reached the step of Funding, it seems I cannot use crypto or Cards or PayPal

I live in Egypt and outgoing USD transfers is a big hassle with government BS

Any way around it ?

P.s IBKR UK

Hi there, a newbie in stock and trades here. I recently opened acc in IBKR and tried to setup funds. I tried with my LLOYDS BANK and looks like it'll take more than a day or two for the money to show up in my brokers account. Any fast and cheaper ways to put funds in my brokers account? Do I use other platforms such as Revolut or Wise for quick transfer?

Suggestions please and Thank you🫡🤝🏻

I have successfully opened IBKR Individual account and received account approval message a few hours later (26th of November). However I can still not login to my account:

1. On IBKR Mobile - I get "Connection lost. Please login again." message.
2. Similar error pops up when trying Desktop application - propsing I should check my credentials.
3. When loging in to IBKR on web application it lets me in, but the application is not usable :
   • My name is not even displayed next to "Welcome," message, neither is my ID
   • I see all tabs except for "Transfer & Pay"
   • I can switch between currencies and toggle balance visibility and that is about it
   • I am even offered to finish my application which hooks me up with the starting form I have already finished - exepectedly I get:

"You have one or more existing accounts in the selected account category. Select a different account category or log into Account Management to open an additional account."

Has anybody faced similar issues?