Steps in the Application Process
Instructions
When completing electronic account applications, the steps include:
- Specify the client type and base currency.
- Enter financial information, including date of birth, investment objectives, net worth and annual net income.
- Select the account type and trading permissions, including products you want to trade and countries in which you want to trade.
- Confirm the account configuration you selected in the previous steps.
- Accept our ID Procedures.
- Enter name, address and telephone information.
- Enter mailing address information.
- Enter personal information.
- Specify individual regulatory information.
- Complete a W-8BEN form.
- Specify fees.
- Review the application for errors.
Note: Advisor clients are no longer required to provide investment experience at the time of application, unless trading is enabled on the account. Should a client become trade enabled or if the account is delinked, they will be prompted to provide their investment experience at that time. This applies to all IBKR entities except IBA.