The account application is completed online and can be initiated by clicking the red 'Open Account' button located in the upper-right hand corner of our home page. In order to open a cash account, you must choose Cash Account as your Account Type during the application process.
If you have an existing Interactive Brokers account, you can open a linked Cash account through Client Portal:
- Login to Client Portal.
- Click the User menu (head and shoulders icon in the top right corner) followed by Settings.
- Under Account Settings find the Trading section.
- Click Open an Additional Account.
- Choose which option best fits the account type you wish to open and click Select.
- Follow the prompts on screen and choose Cash Account during the application process.
Once complete, your application will then be reviewed for approval by our Compliance Officer. Please allow time for the completion of the due diligence checks and application review. IBKR is trying to review as many applications as possible given the current environment.