Individual Application Instructions

Print this page as a checklist for opening an account.

	1.	Complete the Individual Electronic Application When you select the Open an Account button, you will be asked to establish a username and password at the beginning of the process so that all the information you enter will remain secure. In order to verify your identity, we also require a copy of your bank statement dated less than 6 months old. The statement must be for a deposit account (either chequing or savings account). The statement must include your name, address, the name of the bank, your full account number at the bank and the date of the statement. Please scan and email the bank statement to newaccounts.ca@interactivebrokers.com. In the subject line of the email, please indicate your account number, for example U823456. Alternatively, you may fax the bank statement along with your account number to FAX 514-287-0152.
	2.	Fund your Account Send a Wire (call or visit your bank to initiate) as specified in your Deposit Instructions to IB, or setup an EFT instruction (Electronic funds Transfer) instruction. Canadian Broker Automated transfer on Notification (ATON), and IB Internal Transfer will automatically transfer. If we do not receive your funds in 45 days from approval the account will be closed.
	3.	Application Review Your electronic application is complete once there are no outstanding application tasks listed under Login/Finish Application Application. We will review your application for approval once your electronic application has been completed and we have received a copy of your bank statement.
	4.	Application Review Results You will be notified by email and within Login/Finish Application of the results of our application review. Fully completed applications will be processed within 48 business day hours under normal business conditions.
	5.	Trade If we have received your funds, you may begin to trade. Funds received by 16:00 ET are available for trading the next business day under normal business circumstances. The latest status of your deposit or transfer may be found under Funds Status in Login/Account Management.