Yes, there is a fee associated with a DRS transfer. Review the table below for the DRS fee schedule:
| Transfer Method | Type | Fee |
| DRS | Deposit | Starting at USD 25 per settled transaction; USD 100 per rejected transaction |
| DRS | Withdrawal | USD 5 per settled transaction; no fee for rejected transaction |
| Canadian DRS | Deposit or Withdrawal | The exact settlement or rejection fee charged by the agent + CAD 30 per transaction |
Please Note
- A minimum of USD 100 for US DRS or CAD 300 for Canadian DRS in available funds is required to cover potential rejection fees. If this minimum is not met, your transfer will be rejected. As requirements may vary depending on factors such as your account's entity or account type (cash vs. margin), we recommend funding with a small buffer above the stated minimum to help avoid rejections caused by FX conversion calculations.
- IBKR does not reimburse fees charged by other brokers.
- US DRS maximum transfer size is USD 25,000,000. Larger transfers split automatically; each split requires USD 100 minimum available funds to cover potential rejection fees.
Additional Information
- The Security Transfer Fees section of IBKR's webpage for a full description of fees charged for the transfer of positions in or out of IBKR.
- How do I submit a US inbound position transfer via DRS?
- How can I submit an inbound position transfer for a Canadian DRS?
- How do I request an outbound position transfer via DRS?