If you are here, it is because you want to open an account with Interactive Brokers and want to know what Interactive Brokers's minimum deposit is.
Key Takeaways:
- Minimum Deposit: €/$/£0;
- Interactive Brokers accepts deposits in AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, INR, ILS, JPY, KRW, MXN, NOK, NZD, PLN, RUB, SEK, SGD, USD, ZAR. If you deposit in a different currency, you will be charged a 0.0020% fee for currency conversion;
- Charges €/$/£0 for deposits;
- Charges €/$/£0 for withdrawals;
- Regulated by FINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.
Whether you are a new trader looking to open your first account or an experienced trader looking to switch brokers, this article will provide you with the information you need to make an informed decision.
What is Interactive Brokers's minimum deposit?
Interactive Brokers's minimum deposit is €/$/£0. You can deposit via Bank transfer, and Interactive Brokers charges €/$/£0 for the deposits.
Each deposit method may display different minimum amounts, fees (if applicable), and different processing times for the money to arrive at your account. For more information, you can visit Interactive Brokers's website.
Are there deposit fees at Interactive Brokers?
No, Interactive Brokers does not charge deposit fees. It's a plus that the broker doesn’t deduct any fees from your deposits. The only costs you need to consider are those charged by the bank or other third-party financial services you use to send money.
What about currency conversion costs?
Interactive Brokers's supported/base currencies are AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, INR, ILS, JPY, KRW, MXN, NOK, NZD, PLN, RUB, SEK, SGD, USD, ZAR. Please note: a deposit made with a different local currency could be charged a currency conversion fee of 0.0020%.
To prevent this, you can try to deposit in one of the supported currencies using low-cost currency conversion services such as Revolut or Wise.
What are the deposit methods available at Interactive Brokers?
The deposit methods available at Interactive Brokers include: Bank transfer.
Does Interactive Brokers charge withdrawal fees?
No, Interactive Brokers does not charge withdrawal fees. This means you can easily access your funds without incurring additional costs.
Is Interactive Brokers safe?
Interactive Brokers is regulated by FINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB. This is excellent news because regulated brokers must follow strict rules and regulations to ensure that they operate fairly and transparently.
In the event of a dispute, regulated brokers must have processes for resolving disputes with clients. Regulated brokers are also subject to higher standards of conduct and must follow best practices in the industry.
Lastly, firms like Interactive Brokers must be part of the Investor Compensation Scheme (ICS) which protects clients in case an investment firm goes out of business.
Brokers with Signup Bonuses?
| Broker | Bonus Promotion | Link | Terms and Conditions | Available Countries |
 |
1 share up to £100 | Link | Details | Europe |
 |
Up to $1,000 of free IBKR stock | Link | Details | Worldwide (exceptions apply) |
 |
1 share up to €200 | Link | Details | Netherlands, Ireland, Spain, Germany, Austria, France, Belgium |
 |
One share worth up to $150 | Link | Details | UK, Brazil, New Zealand, Australia. |
Conclusion
To sum it up, Interactive Brokers's minimum deposit is €/$/£0.
We covered Interactive Brokers's deposit costs and other information so that you can make an informed decision about opening a trading account on Interactive Brokers. Want to know more about Interactive Brokers? Feel free to explore Interactive Brokers’s website and Interactive Brokers review. You can also check out our broker reviews and comparisons, and let us know your thoughts in the comments below!
Pedro is passionate about finance, marketing, and technology. He is a growth manager at several online projects and a former digital marketer for a fintech company.
