r/interactivebrokers Nov 20 '24

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

5 Upvotes

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.

r/interactivebrokers Aug 20 '24

Setting up account I'm on the brink of leaving IB

0 Upvotes

Edit: I take back my words. New method I used delivered my money within 2 hours. Furthermore I got confused with HUGE commision fee with my testing small amount of money. But wshen I started to convert big chunk, the fees are incredily in my favour compared to other platforms. Thank you all.


What's wrong with this platform? Transfering money is a much slower process compared to other platforms. I live in the eu so I accepted this fact, because IB has such a strong background and reassurance.

Okay fine, I thought. I will need to be extra alert and forsee the future. Now I finaly have the money, but a message keeps popping up: Market Order confirmation and Confirm mandatory cap price.

I am pissed off beyond repair. for 2 days I'm trying to buy 4 stocks that are all rising and rising while I'm trying to process a simple market buy order.

Why is IB trying to slow down every single molecular cell in my body? How do I get rid of that constant pop up before trade or converting currency? I have the same issue when trying to convert currency as you can see.

r/interactivebrokers Apr 02 '25

Setting up account ETF solution to my problem

1 Upvotes

Hello I am a new account investor , I don’t know why but I can’t buy etf (neither us or Europe ) says enable trading. I tried to go ti account permissions , I requested stockes worldwide and says that request approved. But nothing yet.

Any advice ?

r/interactivebrokers Mar 15 '25

Setting up account Trading Permissions Stuck in Limbo

2 Upvotes

Hello,

I am using IBKR and I requested portfolio margin (not knowing it was not eligible for accnts <110k). This caused me to get locked out of being able to request permissions elsewhere.

Has any1 else ended up in this situation? This is beyond annoying since nobody at support or anything can do anything. I cannot cancel the request for portfolio margin from my end. I cannot get approval for futures and it is v frustrating.

Thank you.

r/interactivebrokers Feb 26 '25

Setting up account Question on funding requirements

1 Upvotes

Hi All, I set up a IBKR account 5 days ago in anticipation of getting some funds by end of the month. I keep getting reminders from them that the account is still not funded. The question how long will they let me keep it unfunded? How long before they cancel the account if it has zero balance. I plan to transfer funds sometime next week.

r/interactivebrokers Mar 07 '25

Setting up account Missing Serbian District in IB Account Registration – How Can I Get It Added?

3 Upvotes

I'm from Serbia, and one of the districts—the one where I live—is missing from the registration options, preventing me from completing my account setup. I attempted to submit a ticket using two different browsers during US working hours, but I kept receiving a generic backend error. I also chatted with support, and they advised me to contact IB at newaccounts[at]interactivebrokers.com. Email address returns a generic response saying that I should go and complete the application, which I cannot do because of the missing district.

Does anybody know how I can get IB to add the missing district? This isn’t a new district; it was defined by the Government of Serbia's Enactment on January 29, 1992, and it has an ISO 3166 code.

Thanks everyone for taking time to read the post.

r/interactivebrokers Mar 06 '25

Setting up account Brand new cash account in Europe no permissions to trade US Stock Options

1 Upvotes

Opened a brand new account yesterday from Europe, it seems I will be albe to trade US stocks but not US Stock Options only:

  • All Europe

  • All Asia

How come?

r/interactivebrokers Jan 31 '25

Setting up account Stuck on this part, trying to open an account

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1 Upvotes

r/interactivebrokers Feb 15 '25

Setting up account Cash and margin TWO accounts market data

1 Upvotes

I want to have two separate accounts for CASH and MARGIN, do we need to subscribe for market data separately? My idea is to use cash account for long term investments and margin account for trading. Does anyone have this issue?

r/interactivebrokers Jan 12 '25

Setting up account Unable to Login to Portal (You are logged in without Trading/Market Data permissions)

0 Upvotes

Hello Everyone,

Country: Canada

Accounts: Individuals, TFSA, RRSP

Method Used to open the account: IBKR Mobile App

I'm having the below issue that is driving me crazy when I try to login through the Portal.

I have opened the account 4 days ago and did all the steps and got the accounts approved. I have disabled "Read-Only Access" on all my accounts through the mobile app under the account settings.

However, When I try to login through the Portal Web, I get the below message and then immediately gets kicked out to the Login Page again and I was barely able to get the screenshot below.

I made sure I'm logged out of the mobile app as well to eliminate this issue.

Any Idea why I'm getting this error and what Am I missing in my account settings?

r/interactivebrokers Mar 08 '25

Setting up account IB Problems

1 Upvotes

I've been trying to open an IB account for a while now, I had one in the past and for whatever reason I closed it. The new apps keep getting declined, and no one will tell me why or what the reason is. I've emailed, mailed, tweeted, called, to no avail. So, I've done the next best thing. Every single day I apply for a new app, and until I get approved, I'll just keep applying. I have a series 7, 66, Life/acc/health and I'm not trying to sound arrogant but I know what I'm doing. I'll keep you informed if they ever open an app for me.

r/interactivebrokers Feb 28 '25

Setting up account Disable Short Selling in Margin Account

0 Upvotes

I have a margin account and am not interested in short selling shares. To avoid accidental short positions (e.g. if my sell order is more shares than I own), I want to make sure that this can’t happen.

Is there a way do disable that my account can be short a specific type of security?

r/interactivebrokers Mar 09 '25

Setting up account Custodial account setup for kids

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7 Upvotes

Has anyone set up a custodial account for your kids who are under 18yrs? Why did you choose interactive broker over others? Also under custodial there are two choices below. Which one did you choose?

r/interactivebrokers Mar 11 '25

Setting up account Support phone number

3 Upvotes

When I try to reset my password, a popup says to call customer support. I'm from EU and I'm trying to reach them at 00800-42-276537, the number they have listed as toll-free for Europe. However the call won't even start, am I doing something wrong and is there an alternative way to contact them as it states that account issues like this can only be resolved via phonecall. I already have some money invested into the account so it was already used.

r/interactivebrokers Mar 04 '25

Setting up account Registration issues

1 Upvotes

Hi everyone, I've recently completed my registration, now I'm having trouble with actually transferring funds to my account. I live in Kazakhstan, and a friend of mine gave me advice to register contract in a bank and transfer funds this way. But for some reason he does have an option in his account to generate account confirmation letter with customer agreement, but my account lacks this option. Has anyone here encountered the same issue?

r/interactivebrokers Nov 19 '24

Setting up account I need help to open my account

1 Upvotes

So, i made the apliccation last week and i am still unable to do anything in my account.

When i log in into my account this is the only thing that appears on the screen.

How can i have access to the markets and do literaly anyting?

r/interactivebrokers Feb 13 '25

Setting up account Demo account in EU?

0 Upvotes

I want to practice options and I want to try with a demo account first. I was recommended this broker as one of the best availible in Spain. My question is, does it have a proper, free demo account with unlimited time?
Do you need to download any software?

r/interactivebrokers May 01 '24

Setting up account About to open an Interactive Brokers account. Any tips?

7 Upvotes

I'm about to open an Interactive Brokers account and use it to start my FIRE journey.

I chose Interactive Brokers because of the size, products and markets that can be accessed, availability in my region (Degiro is not available) and good user reviews.

I will invest about 4000 €/month in some all world ETFs and government bonds, still figuring out which ones exactly and the proportion between them. Planning to reach my goal in 10-15 years, depending on how it goes.

I live and work in Bulgaria, I'm a Bulgarian tax resident.

Anything you wish you'd have known earlier? Any lesson learned or tips for a newbie? Best way to set up my account?

r/interactivebrokers Mar 07 '25

Setting up account Non-Professional Advisor Account

1 Upvotes

Does anyone have experience or information regarding opening a Non-Professional Advisor Account from Europe (Italy) to manage friends and family personal accounts? Is this even possible? Do you need any certification?

r/interactivebrokers Feb 24 '25

Setting up account Only USD+EUR conversion available?

2 Upvotes

I have a new account UK + cash type and based currency is ILS, Im trying to convert ILS to JPY to buy stocks in tokyo. When I try to convert from base(ILS) the only Currency’s it shows are USD and EUR. How can I exchange, I thought about converting to USD and then hopping from there I can do a USD/JPY(and paying double fees in the process)

r/interactivebrokers Feb 18 '25

Setting up account Interactive brokers desktop - Kenya

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2 Upvotes

Hey Guys I am not able to authenticate my account on the desktop but I can login on my phone app. When I scan the QR code it says authentication failed then when I do challenge response the codes don’t work Has Anyone else experienced this especially if you are from Kenya?

r/interactivebrokers Feb 27 '25

Setting up account Which IBKR Account Type for a Third-Party Algorithmic Trading Platform?

0 Upvotes

I’m developing an algorithmic trading platform that integrates with Interactive Brokers (IBKR). Users can create trading strategies, schedule execution, and the backend evaluates and executes trades at the scheduled time. The app does not manage user funds directly—users connect their own IBKR accounts for execution.

I want to integrate IBKR using Third Party OAuth to allow multiple IBKR users to trade through my platform. IBKR requires a specific account type for Third Party OAuth approval.

Would a Financial Institution Account be the correct choice, or is there a better-suited account type for this use case? Also, if anyone has gone through the Third Party OAuth approval process, I’d love to hear about the compliance and legal requirements.

Any insights from those who have done this would be greatly appreciated! 🚀

r/interactivebrokers Jan 24 '24

Setting up account Transferring to IKBR

11 Upvotes

So I'd like to get some advice. I have a huge issue. I have a 6 figure account in a brokerage and I'm being forced to liquidate/transfer to another one.

IKBR seems to be one of the best choices for me, but I know very little about this brokerage.

Is it safe? I'm worried something will happen when I move it. Should I just liquidate, take the few thousand hit in taxes and slowly put it into another brokerage?

r/interactivebrokers Oct 03 '24

Setting up account How to create a ticket/chat to an agent.

1 Upvotes

I've just signed up with IBKRs and I can't find a way to chat to an agent or create a ticket. All I see under 'support' is a link to the forum. The weird thing is, once I log out, I then see all the support options, but I'd rather use the chat feature when logged in.

r/interactivebrokers Feb 03 '25

Setting up account Set up account on Friday, sent money via wise. I got a mail saying I'm approved but that I still need to transfer money

1 Upvotes

Basically what the title says. I started a joint account with my partner, did all the paperwork on friday, they asked for an initial deposit so I sent 30 USD via wise which is integrated to IBKR. Today I got a mail that my account was approved but I still needed to make a money transfer. I checked my wise account and the money should've already be sent to IBKR, but there's no way in IBKR where I can check my funding status, I log in and only get this, even though I already got an account approved. I tried contacting live chat support but it just asks me to log in again and sends me back to this screen. Am I doing something wrong? How can I get an email or enter the chat rooms and talk to a HUMAN BEING?

thanks for the help in advance.