Can the microcap restriction be lifted for specific stocks at Interactive Brokers?

The microcap restriction policy at Interactive Brokers (IBKR) cannot be lifted for specific stocks or individual accounts. This policy applies uniformly to all IBKR accounts. Stocks that fall under this restriction will remain in Closing Only status until the stock meets specific criteria for reclassification.

To understand when a stock might be reclassified and have its Closing Only status lifted, you can follow these steps:

1. Monitor the stock's current market capitalization and share price regularly.
2. Check if the stock maintains both:
   • A market capitalization above $300 million
   • A share price above $5
3. Track if these conditions are met for 30 consecutive calendar days.

If a stock consistently meets these criteria for the specified period, it may be eligible for reclassification.

Note

• The reclassification process is not immediate and depends on the stock consistently meeting the required criteria over time.
• The lifting of the Closing Only status occurs automatically once a stock has met and maintained these conditions. As an investor, you should continue to monitor stocks of interest to see if their status changes.