Transfer Funds Between Accounts

The Fund Transfers page lets you transfer funds internally from your account or an internal fund transfer to another IBKR account.

We support the following internal fund transfers:

  • Internal fund transfer to another IBKR account (all account structures) with matching Account Name, Account Title, Tax ID, National ID, ID Type and Country of legal residence.

  • Linked accounts can use this type of transfer. However, multiple accounts that are eligible to be linked but are not currently linked cannot use this type of transfer; these account holders will receive an error message.

  • Internal fund transfer between a master and sub account. The account types are eligible:

  • Proprietary Trading Groups - Separate Trading Limit accounts.

  • Separate Trading Limit accounts can also transfer funds between two sub accounts.

  • Internal fund transfer to a client or sub account. The following account types are eligible:

    • Advisor Masters can transfer funds to a client account with trading privileges or a client account with a matching Account Name, Account Title and Tax ID.

    • Investment Manager Masters (Fund Advisors) can transfer funds to any client/sub account with a matching Account Name, Account Title and Tax ID.

  • Brokers.

    Note: Some assets (Futures/Options & CNH and HKD denominated products) cannot be allowed to transfer as it constitutes a change of ownership. Cash transfers from non-ISA to ISA accounts are allowed.

Internal Fund Transfer to Another IBKR Account

This option is for all account structures with matching Account Name, Account Title, Tax ID, National ID, ID Type and Country of legal residence.

Note: Linked accounts can use this type of transfer. However, multiple accounts that are eligible to be linked but are not currently linked cannot use this type of transfer; these account holders will receive an error message.

Internal Fund Transfer Between a Master and Sub Account

Eligible account types are:

  • Proprietary Trading Groups - Separate Trading Limit accounts
  • Introducing Brokers
  • Separate Trading Limit accounts can also transfer funds between two sub accounts.

Internal Fund Transfer to a Client or Sub Account

Eligible account types are:

  • Advisor Masters can transfer funds to a client account with trading permissions matching the advisor account (e.g., same title, type, and Tax ID).

  • Investment Manager Masters (Fund Advisors) can transfer funds to an Omnibus Fund sub account, and to any client/sub account with a matching Account Name, Account Title and Tax ID.
  • Introducing Brokers

  1. Click Transfer & Pay > Transfer Funds

    • Alternatively, click Menu in the top left corner > Transfer & Pay > Transfer Funds

  2. The Account Selector opens. Select the account you want to use for this transaction, or use the search function in the Account Selector to find the desired account. Click continue to submit your account selection and close the Account Selector.

  3. From the tab menu options select Transfer Funds Between Accounts

  4. Select the destination account, then click Continue.

  5. In the Transaction Information section, select the currency and enter the amount to transfer.

  6. Click Continue.

    Note: Click Cancel at any time to cancel the transaction.

  7. If prompted, enter your user name and password.

  8. You will immediately receive an email notification containing a confirmation number. Enter the confirmation number where indicated on the Internal Funds Transfer page, then click Confirm.

  9. If you did not receive a confirmation number, click Resend Confirmation Number to receive a new one.

In cases where you are not seeing the destination account populating in the drop-down list, you may request a new Transfer Association. To do so, please take the steps outlined below.

  1. Click Transfer & Pay > Transfer Funds

    • Alternatively, click Menu in the top left corner > Transfer & Pay > Transfer Funds

  2. The Account Selector opens. Select the account you want to use for this transaction, or use the search function in the Account Selector to find the desired account. Click continue to submit your account selection and close the Account Selector.

  3. From the tab menu options select Transfer Funds Between Accounts.

  4. At the bottom of the page, click the here hyperlink where it states "Click here to request a new Transfer Association if you cannot find an account in the destination list."

  5. Enter the Account Number and Reason for the internal transfer. Press Continue.

  6. Verify Your Identity and press Continue to save.

  7. You may view this pending request by navigating to Transfer & Pay > Saved Information > Pending section.

Rules

  • Both the Account and Reason sections are required.

  • The source account cannot have a pending linkage request.

  • Non-IRA to IRA account transfer is not allowed.

  • The destination account must be open to request linkage.

  • The source/destination account cannot be an Advisor, Broker, Money Manager, or STL Master account.

  • Newly opened accounts are restricted to be linked.

  • Beneficial owner of source/destination account should match.

For more information, visit the Fund Your Account page on our website.