If you are unable to send a wire transfer, we will accept bank checks made payable to Interactive Brokers LLC (denominated in US dollars only) or personal checks made payable to Interactive Brokers LLC (denominated in US dollars and from a US bank account). Checks will not be accepted unless they include your account name and account number.
Please note, if you fund your account with a bank check, the check must state one of the following descriptions for us to properly identify the check as a bank check:
If your bank check does not have one of the above titles stated on the check, or if your check is issued by a credit union or bill payment service, IB will book the funds according to our personal check policy.
Note:
IB's policy is to apply a 6 business day credit hold period on funds from personal checks.
The credit hold policy does not apply for checks with the following titles: Cashier's Check, Teller's Check, Banker's Check, Official Check, and Treasurer's Check unless it is deposited via the "IBKR Mobile" check upload functionality.
If your bank check does not have one of the above titles stated on the check, or if your check is issued by a credit union or bill payment service, or if you deposit a foreign check payable through a US Bank, IB will book the funds according to our personal check policy, which will result in a 6 business day credit hold period.
Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.
Know Your Advisor: View the CIRO AdvisorReport