If your U.S. broker is a participant, you may request a transfer of that account to IBKR via a process referred to as ACATS (Automated Customer Account Transfer Service). This process allows for the electronic transfer of securities and cash through the depository with completion of the process taking anywhere between 4 to 8 business days.
- Log in to Client Portal
- Click Transfer & Pay followed by Transfer Positions
- Select Incoming
- Select the Region ("United States") of the delivering firm
- Select ACATS (Automated Customer Account Transfer Service)
- Click SELECT button and enter broker information
- Click CONTINUE button
What are the next steps?
- Nothing is needed from your end. The process is automated.
- Once ACATS Transfer has been initiated, you may monitor the status of your transfer request through the Transfer & Pay -> Transaction History menu options in Client Portal.
Timing
- US securities and USD Cash transfer between 4 and 8 days and can be traded immediately.
- IBKR will provide status on your transfer under Transaction Status & History.
Fees
- IBKR does not charge a fee for the ACATS, however, your current broker may apply a fee to the outgoing transfer. The fee will be included on the transfer to your IBKR account.
Please Note
- If transferring all assets and your account contains mutual funds not offered by IBKR, you may request that those funds be removed from the transfer request and remain with your current broker. This will minimize the possibility of your transfer request being rejected.
- You may not be able to withdraw your transferred assets for up to 30 days after receipt from your third-party broker.
- Futures and Cryptocurrency are not transferable.
Additional Information
- Monitor the status of your transfer request through the Transfer & Pay and Transaction History menu options available in our Client Portal
- Overview of ACATS on the Position Transfers page available on our website