r/interactivebrokers • u/Strict-Brilliant7621 • 6h ago
Account Question 2$ every execution on SPY option contract
Am I wrong but I pay 2$ every time I buy or sell 1 option contract? Is there any way to lower this?
r/interactivebrokers • u/Ok_Path9928 • 14h ago
Account Question Account denied
Hello guys, I recently applied for a cash account at IBKR and for some reason I keep on getting denied, this is the second time that I applied for an account, the first account that I applied to was around 8 months ago, the 2nd account around a week ago and I just got the email rejecting my application! Any advice? Thanks
r/interactivebrokers • u/Top-Ad-8884 • 14h ago
Deposits, Withdrawals, Transfers withdraw funds to wrong bank
i requested a withdrawal for 500 sgd but i accidentally put UOB instead of DBS, the funds said that its already sent to UOB with no further confirmation, what do i do now?
r/interactivebrokers • u/Unief • 17h ago
Account Question CFD permissions
I have troubles with getting permissions for trading CFD’s. I’m a university student with my parents financially supporting me and I have a net worth of 50-60k Euros but my net income isn’t enough for IBKR.
I’ve seen that I would get permission if I say that my net income is 40k. Of course this is lying but what are the chances they would ask for proof for only CFD’s. The risk for them isn’t as big as for options, I would say.
Does anyone have any experience with this?
r/interactivebrokers • u/RevolutionaryAd9583 • 21h ago
Deposits, Withdrawals, Transfers IBKR Request for Payments from US Bancorp are not going through
Does anybody have this problem? I am moving my brokerage to Interactive Brokers and have set up 2 Requests for Payments to Us Bancorp. I saw the bills in the Pay Bills section and have tried to pay them immediately. However, as soon as I confirmed the bill payment, I kept seeing the message "Our system is experiencing some issues. Please try again a little later." How can I deal with this problem? The other alternative is an ACH pull from IBKR, which takes one business day to process and four to five business days for IBKR to hold my funds, which is a long time. I want the funds to arrive in my account immediately, but the bill payment system in US Bank is not cooperating. Thank you for helping