Kotrbiotech.com – Interactive Brokers does not require a minimum deposit amount when open a Cash Account (IBKR Lite & PRO).
Interactive features offer a complete and because of the variety of existing accounts, generally there is no minimum deposit amount but there are some accounts require a minimum deposit (account, which is customized by the professional trader), such as:
- Margin: minimum deposit of $2,000 which is equivalent to around IDR 30,000,000 with the current exchange rate between the U.S. Dollar and Indonesian Rupiah on the day this article was written.
- The population of the U.S. and non-U.S. accounts carried by IB LLC or IB UK and is a Trader’s Daily Patterns have to do a minimum deposit of $25,000 or the equivalent currency IDR 375.000.000 with the current exchange rate of $1 / IDR 15.000
- Margin Portfolio – a minimum deposit of $110,000 in or IDR 1.650.000.000 with the current exchange rate $1 / IDR 15.000
Interactive Brokers based in Greenwich and the U.S., authorized and regulated by the entity regulator most stringent namely the US SEC & CFTC, ASIC and the FCA, and as a regulated broker, one of the requirements is the client funds are kept in a separate account.
To meet this, in between some of the rules and regulations of the other tight, all client funds must be kept separate from the accounts of the broker, and can only be used by traders to perform trading activity.
In addition to ensure the security of client funds through a separate account, regulated broker such as Interactive Brokers are required to become members of the scheme or the compensation fund that pays a certain amount to the client eligible if the company filed for bankruptcy.
Best Rated Forex Broker
Interactive Brokers do not charge any deposit made to the account of the trader. The Trader can use the following methods that can be used by traders to deposit funds into their trading account:
- Bank Transfer
- Transfer Automated Clearing House (ACH) U.S. initiated in Interactive Brokers
- Direct Debit/Transfer Of Electronic Money
- Electronic Funds Transfer Canada, or EFT
- Single Euro Payment Area (SEPA)
- BACS/DEPOSIT/ACH, and other
There is no clear indication about the deposit currency of a particular supported by Interactive Brokers, but it can be assumed that the majority of currencies like USD, EUR, GBP, and CAD will be accepted.
Transactions in other currencies may be subject to a currency conversion, the trader need to verify this thing with Interactive Trader before opening the account.
However, there are indications of withdrawal currency that can be used, depending on the method of payment used when requesting a withdrawal, including, but not limited to:
Step by step guide to deposit a minimum amount of
Interactive Brokers does not require a minimum deposit when opening an account directly, but if a trader wants to fund their account, they have to do it from the Portal of their Clients, or by using the trading platforms they choose to use.
Have a trading account with Interactive Broker will allow You to trade on a lot of financial trading instruments as well as enjoy the trading conditions they are unique. To have an account, You must register for that account using the details which are valid.
Interactive Broker has two types of accounts has been designed specifically to meet the needs of each client. This is a free trial account and individual accounts.
Free Trial Account
Free trial account is also referred to as the demo account. The type of account is designed to meet the needs of the novice traders who have little or absolutely no idea the concept of trading forex. This account is free to sign up and provides a simulated environment in which traders will be able to enhance the skills of the trade. They are also given a virtual funds to help in the practice of trade execution. This account type can also be used for refresher lessons by those who have forgotten about the concept of trading.
An individual account is an account a standard trading offered by Brokers Interactive. It is suitable for professional traders both experienced and novice traders. Here are the many features of this type of account.
- Minimum deposit is $ 10,000.
- Allow for hedging and scalping.
- Have the kind of market execution.
- Authorize the use of United States dollars, Canadian dollars, pounds United Kingdom, and the Japanese yen which as a unit of the base currency.
- Has the size of the position a minimum of 0.25.
About interactive brokers and the security of the funds
Company is formed to provide trading services to the financial sector young in forex trading. With this in mind, he managed to attract a number of clients who want to know more about forex trading and even participate in it. Over the years he has managed to grow rapidly cementing his name as one of the forex traders are the most credible.
It has invested heavily in personnel qualified and dedicated that help many of their clients with the problems that arise. They work all the time because of these reasons and sometimes will offer consulting services to the client in more on the things that are associated with trading.
Interactive Broker has managed to expand its territory to many regions in the world. To take the service at the close of his client. This is very useful because it has managed to bring it close to many business centers like Hong Kong and London where he took advantage of the nature of the financial relaxation of these places to search for more clients.
The company is credible and has a proof of complaisance lot of license under its ownership. This license has been granted by the regulatory body in the country of its operation. Among the focal points of the main agencies are the safety of clients ‘ funds. This has driven Interactive Broker to make the following steps to maintain the security of this.