IBKR account shut down. Can I open in a different IBKR jurisdiction?

[Frankie]

Due to some stupid mistake my IBKR account got shut down (I tried to open a corporate account, they didn't like it and shut down my personal one).

Can I open a personal IBKR account in a different jurisdiction, for example IBKR Ireland or IBKR Singapore, or will they immediately decline it? What about if I use a different residency?

I have proof of wealth, proof of funds and all of the rest of it.

 

[SCHLOSSFINANZ]

no. Compliance is centralized.
Try Corner Trader

 

[DigitalAffiliate]

Do they not let you hold both a corporate and a personal account? I thought they were ok with that

 

[Martin Everson]

Look elsewhere outside IB and live and learn.

 

[FreedomSearcher]

Look elsewhere outside IB and live and learn.

Which brokers do you recommend?

 

[alley]

It’s really a shame that they’re acting like that. It’s one of the few services that’s actually good and also quite affordable to use.

 

[Martin Everson]

Which brokers do you recommend?

Which markets do you need? What fees are you looking to pay etc?

Obvious one is just to go to Saxobank. But its not as cheap and you don't get the tools you get with IB.

 

[avalanche]

Which brokers do you recommend?

My two favorites are Exante and Tiger Brokers. I like Exante for minimalist trading interface yet with all basic features needed for trading and Tiger for being based in Singapore and detailed interface with lots of fund recommendations and financial analysis tools

Another advantage of Tiger is that they offer access to Singaporean market which is good if you plan to buy Fullerton money market fund

 

[SCHLOSSFINANZ]

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