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 ânormalâ 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 â Account Settings â Security â Secure Login Systems.
I got a message but discarded it. What does it mean?
Iâm 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 donât 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 Iâm 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 possibleâŠ
Was able to add Apple Passwords as an authenticator, but canât remove any of the two as wellâŠ
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 100â000 will remain at 0%. Balances in excess of this amount will be subject to IBKRâs standard rate policy, which may include negative rates on deposits above CHF 100â000. 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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Still the table makes it sound like they apply negative rate at 10k which contradicts the messaging.
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Yes if you use their calculator for blended rate, itâs using negative rates as well
I think IBKR will really give negative interest above 10K CHF
It appears to me that they follow their email, not their web page.
For a future withdrawal I currently have close to 50k CHF in my account. My activity statement for yesterday did not show any negative interest accrual (it should be about -0.3 CHF/day if -0.3% yearly rate above 10k).
It always takes a few days after the announced payable date (not the ex-dividend date, which is a few days earlier) until dividends arrive as cash in my portfolio.
Is this because IBKR needs to receive the cash from the (Swiss, in this case) fund first and then redistribute it? Is this a quirk of IBKR or wouldnât I receive it earlier with e.g. UBS either?
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I also find IBKR annoying sometimes â currently experiencing it again with CHSPI: the payout date was Thursday, and today thereâs still nothing in the account. They also often have trouble reporting capital gains correctly.
In the end, it does work out, though.
No such issues experienced by myself, but I would postulate that according to accounting standards by the broker and the bank, the sums (e.g. new dividends) will be (accounted for) in your account per payment date aka value date even if on payment aka value date they donât seem to appear there yet in the UI.
E.g. if your dividend of CHF 1000 is supposed (payment date) to arrive in your account on day 18.07.2025, but it does not show up in the UI, and you make a payment (transfer out, purchase of something else) of CHF 1000 on day 18.07.2025, your balance will work out just fine (i.e. you wonât be charged interest for the CHF 1000 purchase/transfer out).*
* Itâs slightly more complicated but not really different in case you make a purchase with a T+1 or T+2 settlement time, but again you wonât be charged interest as the cash from the dividend received will be on your balance as per the payment date even if the UI does not reflect this in real time.
In the case of a transfer out it depends on the time of the day when the transaction is placed and when it takes place, but again, if you only initiate the transfer out on the day of the payment date, youâll be golden.
Addendum: I have received corrections for dividend payments in my Swissquote account quarters after the dividend payments were due (past the deadline of my tax report for the corresponding year), and per accounting standards those payments were back-credited to when the original payment should have arrived.
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