Can I retake the Knowledge Tests?

The Appropriateness Assessment is a regulatory investor protection measure and applies to all our trading permissions apart from the stock permission which is a non-complex product appropriate for all our clients.

Our clients take an Appropriateness Assessment either during the account opening process or when enabling a new trading permission to determine which products should be enabled on the account. You might be asked to retake the Assessment if, for example, your previously provided information is no longer accurate or out-of-date due to change in circumstances. It is your responsibility to inform us as soon as possible of any change in previously provided information. You can do so by updating your Account Profile online. …

The Appropriateness Assessment is required by Interactive Brokers to meet regulatory requirements and to help protect our clients.

It is in your interest to provide accurate, complete and up-to-date information for the purpose of Appropriateness Assessment…

Firms are not obliged to perform Appropriateness Assessments on clients categorized as Per se professional. However, generally, it is our policy to Assess Appropriateness for our professional clients too.

Additional Information…

Appropriateness and Suitability assessments are key regulatory investor protection measures. Where a firm will conduct a Suitability or an Appropriateness assessment depends on the services being offered.

Firms that do not provide investment advice, like IBKR, are required to conduct an Appropriateness Assessment on certain products. The Appropriateness Assessment is based on the client’s knowledge and experience relevant to the specific type of financial instrument, investment product or service requested by the client. …