Hey everyone
I got a call from IB to add the cost basis information of my transferred shares to IB. What did you do about it? Is the release of this information necessary for a non-US person? See below the invitation:
I agree with you that it is not mandatory if you have no tax on capital gains.
However, it can still be useful for you to provide a value, because it will be used to calculate and display gain/loss for this position; otherwise, gain/loss will probably be relative to the stock price at the date of transfer.
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It will be updated when they get the information from the other Brokerage firm that you transferred the shares from. usually 7 to 10 days after the transfer if I remember correctly
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I agree that it is an advantage for documentation and gain/loss calculation! Thanks for the advice
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Yes, I thought so, but my bank didnât make any transfer of those details, I think thatâs why IB contacted my for the manual update
Hi everyone
I have been reading this great forum for quite a while now and decided to open up an account at IB UK. Is anyone willing to send me a referral code for the UK IB page?
Many thanks already!
Did.
Welcome to the forum. 
Many thanks! I end up on the .com site, however, and not on the
https://www.interactivebrokers.co.uk/Universal/Application
site.
Is there any way I can see with which entity of IB I will open the account?
I believe you donât even have a choice of IBKR entity when signing up as a new customer.
Pretty sure I did open on their .com site (though the UK entity shows up on statements).
When logging in, it automatically forwards me from interactivebrokers.com to interactivebrokers.co.uk, even in a private browser session/window.
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Hi,
Have you received this communication on training yourself with IB?
I think I will take one of them for the bond allocation. I will Use the first 100 usd in the next 180 days then near the end I will take the remaining 2 and use the 200 usd for the end of the year.
Saving wonât be much but it still good to learn.
Learn and Earn up to USD 300 in Commission Credits
We are excited to announce that clients can earn commission credits by completing Tradersâ Academy courses in Portal.
To get started, log in to Portal and select Education > Learn & Earn.
You can earn USD 100 in commission credits for each of the three eligible Learn & Earn courses. The courses cover Options, Futures and Bonds. Awarded commissions are offered upon completion of ALL course material within the Award Bundle if you have not traded that product for the 180-days prior to completing the course.
Please note that only one account per household can claim the commission credit.
The credits will expire after 180 days if they are not used. In addition, the credits will only be used on the commissions charged by IBKR, not regulatory/third-party fees charged by exchanges.
For additional details on the IBKR Learn & Earn Program, please review the Terms and Conditions.
NB : I read the LEA terms and it may not be as interested as those credits can be used for trading the asset class covered by the Award Bundle (options, futures, or bonds).
So you need to be highly motivated to trade this asset class as you will need to complete all courses and tests (e.g. for Options 45 courses of 2 minutes each with tests ).
Yes, but if I go to Education, there is no â Learn and Earnâ .
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Yeah me too.
You could click on the link I posted in my previous message about Options
16 posts were split to a new topic: Interactive Brokers Q&A [2023]