Individual Application Instructions
Print this page as a checklist for opening an account.
| 1. |
Complete
the Individual Electronic Application
When you select the Open an Account button, you will be asked to establish a username and password at the beginning of the process so that all the information you enter will remain secure. While most customers will complete their application in a fully electronic fashion, we are sometimes required to receive paper documents which should be forwarded to the addresses listed under Contact Us/Document Submission Information on the IB website. |
|
| 2. |
Fund your Account
Send a check* (with your deposit instruction form, or your account number written on the check) or wire (call or visit your bank to initiate) as specified in your Deposit Instructions to IB. Electronic Funds Transfer (ACH), Broker-to-Broker Transfer (ACAT), and IB Internal Transfer will automatically transfer. If we do not receive your funds in 45 days from approval the account will be closed. |
|
| 3. | Application Review We will review your application for approval once your entire application has been completed. Your application is complete once there are no outstanding application tasks listed under Login/Complete Application. Sometimes after you have completed the application we require additional steps. You will be notified by email and within Finish Application, located in the Login drop-down list in the upper right corner of the IB homepage. |
|
| 4. | Application Review
Results You will be notified by email and within Login/Complete Application of the results of our application review. Fully completed applications will be processed within 48 business day hours under normal business conditions. |
|
| 5. |
Trade If we have received your funds, you may begin to trade. Funds received by 16:00 ET are available for trading the next business day under normal business circumstances. The latest status of your deposit or transfer may be found under Funds Status in Login/Account Management. |
*Checks or bank drafts are not available for IB Canada customers.