Transferring Accounts to Interactive Brokers
Interactive Brokers Singapore currently serves all investor types in Singapore.
Account opening
Proceed to IBKR's homepage, 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
- 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
* ACATS transfers may be unavailable for withdrawal or transfer for up to 30 days after arrival.
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. (Review: 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. (Review: 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)
INITIATE A FREE OF PAYMENT TRANSFER OF US SECURITIES
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.
- Log in to Client Portal
- Click Transfer & Pay followed by Transfer Positions
- Select Incoming
- Select the Region ("United States") of the delivering firm
- Select Free of Payment Transfer of US Securities
- Click SELECT button and enter broker information
- Click CONTINUE button
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 their end.
Transfer status
You may monitor the status of your transfer request by:
- Log in to Client Portal
- Click Transfer & Pay followed by Transaction History menu options
- If you wish to continue trading during the transfer period, please check with the delivering broker if there are any restrictions imposed on their end during the transfer period.
Update cost basis for transferred securities
I**BKR platforms**
IBKR Client Portal
- Reference FAQ: How do I get started with Client Portal?
IBKR Mobile App
Android
- Reference FAQ: How do I get started with IBKR Mobile for Android devices?
iPhone
- Reference FAQ: How do I get started with IBKR Mobile for iPhone?
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
Market data subscription status
Many exchanges classify customers as non-professional or professional. Please refer to Knowledge Base article Guidelines on Market Data Subscriber Classifications.
Live data for US stock options
OPRA Top of Book (L1) (US Option Exchanges)
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?.
Market data fees
- Webpage: Market Data Pricing Overview
- Reference FAQ: Are market data fees prorated?
Commissions
- Webpage: Commissions