Transferring Accounts to Interactive Brokers

Interactive Brokers Singapore currently serves investor types in Singapore.

Account Opening

Proceed to www.ibkr.com, click on the red OPEN ACCOUNT button to start the application. Application process will be done online.

If you are opening the account with your friend’s referral link, you must use the link in the referral invitation to open your account as per the Terms and Conditions of the referral program. We are not able to manually add a referral tag after you have started the application process. (Who is eligible for the Refer a Friend Program?)

Transferring an Account from Another Broker

  1. ACATS Transfer

    You can request a transfer via a process referred to as ACATS (Automated Client Account Transfer Service). This process allows for the electronic transfer of supported securities, cash, options through the depository with completion of the process taking anywhere between 4 to 8 business days.

    Step 1: Go to Menu bar in the top left corner and select Transfer & Pay followed by Transfer Positions after the account is fully opened.

    Step 2: Select Incoming and choose United States as the region for the delivering broker.

    Step 3: Select ACATS under "Select a Transfer Method".

    Step 4: Supply delivering broker information.

    Step 5: Provide transaction information. You will be asked if you are transferring all assets.

    • If Yes, follow the on screen prompts and click continue.

    • If No (e.g. a partial transfer), click the Add Asset button to add each position

    ACATS transfers may be unavailable for withdrawal or transfer for up to 30 days after arrival.

  2. Common ACATS transfer rejection reasons

    • Account title does not match. The account title at IBKR and the delivering broker must be identical. Otherwise, a "One-in-the-same" statement must be submitted. Please refer to What is "one-in-the-same" for an ACATS transfer?

    • Account type does not match. The account type at IBKR and the delivering broker must be the same. Otherwise, please submit a web ticket for review. Please refer to How do I send a web ticket to Client Services?

    • Transfers that contain expiring options. Options are not transferred during expiration week

    • Transfers that contain micro-cap stocks. IBKR will only accept transfers of US micro-cap stocks from Eligible clients. (Review: U.S. Microcap Stock Restrictions)

    • Transfers that contain mutual funds that not offered by IBKR.

    • You do not have sufficient trading permissions for certain options strategies. (Review: Option Levels 1-4)

  3. Free of Payment Transfer of US Securities- FOP(US)

    Alternatively, you can transfer US securities using Free of Payment Transfer of US Securities – FOP(US). For FOP(US), instructions must be submitted on both ends (sending and receiving brokers)

    FOP(US) is a method to transfer US securities, stocks, ETF's and fixed income, from another US broker/dealer or bank to IBKR.

    Timing is wholly dependent on your broker delivering your securities to IBKR at your institution.

    Step 1: Go to Menu bar in the top left corner and select Transfer & Pay followed by Transfer Positions after the account is fully opened.

    Step 2: Select Incoming and choose United States as the region for the delivering broker.

    Step 3: Select Free of Payment Transfer of US Securities under "Select a Transfer Method".

    Step 4: Fill in the required information and add your assets

    Step 5: Sign and Verify the transfer request

    Step 6: Request the delivering broker to deliver the requested securities to IBKR. Check with the delivery broker for specific instructions (if any).

  4. Transfer Fees

    IBKR does not charge any inbound transfer fees for ACATS or FOP(US) transfers. Please check with the delivering broker for any fees on that end.

  5. Transfer Status

    You may monitor the status of your transfer request through the Transfer & Pay and Transaction History menu options in Client Portal.

    If you wish to continue trading during the transfer period, please check with the delivering broker if there are any restrictions imposed on that end during the transfer period.

  6. Update Cost Basis for Transferred Securities

    Reference FAQ: How do I update cost basis information for transferred securities?

IBKR Platforms

  1. IBKR Client Portal

    Reference FAQ: How do I get started with Client Portal?

  2. IBKR Mobile App

  3. Trader Work Station

    Reference FAQ: How do I install TWS?

    Reference FAQ: How do I get started with Trader Workstation (TWS)?

Market Data for US Products

  1. Market Data Subscription Status

    Many exchanges classify clients as non-professional or professional. Please refer to Guidelines on Market Data Subscription Classifications.

  2. Live Data for US Stock Options

    OPRA Top of Book (L1) (US Option Exchanges)

  3. Live Data for US Stocks

    Clients may receive Cboe One and IEX realtime data at no fee. For more details, please refer to Do I get real-time market data for free with an IBKR Pro account?. If Cboe One and IEX realtime data are not sufficient, clients may subscribe to streaming data for other stock exchanges, please refer to What market data package do I need to see pricing on U.S. stocks?.

  4. Market Data Fees

    Webpage: Market Data Pricing Overview

    Reference FAQ: Are market data fees prorated?

  5. Commissions

    Webpage: Commissions