Interactive Brokers Q&A [2025]

Anyone ever had a push notification “null order for U*** was cancelled by trader” even though there was no order placed? (Android)
I changed some notification settings in IBKR today (too much volatility these days & wanted less notifications), including turning on the “Trade” push.

Then 1h later got like 3 push with this “null order”, but when I click on it, nothing is shown as there is no order. :laughing:

Just looked at the Annual cost and charges statement.

Does anyone understand what this category means? :smiley:

Accounts for roughly 0.27% of assets, so wondering if that would be e.g. the TERs of the funds I hold?
But it’s phrased super confusingly to me - “entering/exiting an investment service?”

Type One-off
Investment Services Costs are fees that are incurred on a one-time, transactional, ongoing or incidental basis to provide and perform investment services. Costs and charges incurred at the beginning (entry) or at the end (exit) of the provided investment service(s)

These should be buy and sell costs… are you doing a lot of trading?

Not really,
when I look at my commissions/fees/transactions (for trading + stamp tax etc.),
they amount to about 10x smaller amount than that one.

Edit: Ah it seems that would be withholding tax,
just went through all the details of my annual activity statement.

Makes sense WHT is reasonable size

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Yes, WHT. You can verify in the yearly activity statement under cash.

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If you have the same UCITS ETF available in EUR from XETRA and in GBP or USD from LSE, how do you decide at what exchange to buy it in and in which currency? Are the fees for one variant significantly lower?

I think spreads on exchanges also determine which currency might be best to use

Spread for non-Europe-specific ETFs should theoretically be smallest for LSE in USD, no?

I recently tried to add new trading permissions such as crypto. For some reason I do not get the permission from IB. Anybody have experience with this? IB does not share what specific requirements are not met at least that was the answer I got.

Actually tough to say
WEBG seems to have good spreads in Euro on XETRA

But yeah LSE and Frankfurt are typically large exchanges for most UCITS range

A post was merged into an existing topic: Interactive Brokers: Currency conversion warning

Looks like the support for “normal” 2FA apps (Microsoft/Google Authenticator etc.) is now available for everyone? I was just now able to scan the QR code in the IBKR client portal under settings → Account Settings → Security → Secure Login Systems.

I got a message but discarded it. What does it mean?

I’m using either the security card or the mobile app for 2FA, depending on the account. The notification mail did mention 2FA becoming mandatory. Do they replace either of the existing options, or just complement them with additional options?

Or targeting users that don’t use 2FA in the first place? Why would they do that (I mean the users, not IB)?

In my case I now have IB Key (2FA with IBKR mobile app) and a standard authenticator app registered and I’m not able to delete any of the two. When trying to login I now have to select the 2FA option manually with a drop-down menu.

Would be horrible if this was ever possible…

Was able to add Apple Passwords as an authenticator, but can’t remove any of the two as well…

EDIT: maybe deleting the IBKR app deactivates the IB Key?

Thanks for the notice about google authenticator. I had quiet some trouble to activate the IB Key last time I switched phone. Had to use the very old IB card which is a nightmare for my old eyes.

I think the google authenticator codes move to a new phone when you are logged into google.

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Negative interest rates are back for CHF on IBKR. Above 10k, it is -0.306% currently.

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Weird the message said:

Effective 7 July 2025 , the interest rate for the first CHF 100’000 will remain at 0%. Balances in excess of this amount will be subject to IBKR’s standard rate policy, which may include negative rates on deposits above CHF 100’000. Please note that this policy applies to both deposited CHF and CHF resulting from short sales in stock.

but Interest Rates | Interactive Brokers LLC has the 10k limit.

I wonder which one is correct (10k is pretty aggressive).

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I think that’s not the same limit, 10k is the limit above which you start getting interests when they exist. Below 10k interests have always been at 0%.

Now that interests are at 0%, that limit doesn’t mean much but it will again when they raise the interest rates.