Interactive Brokers ACAT Fee (Transferring Out)
Interactive Brokers does not charge an ACAT fee (or account transfer-out fee) for either full or partial
account transfers.
| ACATS |
Deposit or Withdrawal |
None |
| DWAC |
Deposit or Withdrawal |
USD 100 per settled transaction |
| DRS |
Deposit or Withdrawal |
Deposit: starting at USD 25 per settled transaction; USD 100 per rejected transaction. Withdrawal: USD 5 per settled transaction; no fee for rejected transaction |
ACAT Fee For Transfers Into Interactive Brokers
Interactive Brokers does not charge any fees if you are transferring an account to them. You can use
a new customer referral link below to open an account and initiate the transfer:
Does Interactive Brokers Cover Transfer Fee?
Interactive Brokers does not reimburse ACAT account transfer fees charged by your current broker.
Some brokerages, however, offer reimbursements of other brokers account transfer fees.
Charles Schwab offers up to $125 ACAT reimbursement if you transfer an account
with at least $10,000 to them.
IBKR Wire/Check/ACH Withdrawal Fees
| USD |
Free once per month, then 10.00 |
Free once per month, then 4.00 |
Free once per month, then 1.00 |
| CAD |
Free once per month, then 12.00 |
N/A |
Free once per month, then 2.00 |
Transfer from Interactive Brokers to Schwab
To move your account from Interactive Brokers (IBKR) to Schwab, follow these steps:
Step One:
Make sure you have an open account at Schwab. Schwab offers an easy digital application on both its website and mobile app if you don't already have an account of the same type and name. Schwab can accept transfers into both self-directed or automated (robo) accounts. However, only cash can be moved into an automated account.
Step Two: Prepare your Interactive Brokers account for the transfer. This means selling all assets if you're moving into an automated account at Schwab. For a transfer into a self-directed account, many types of securities can be transferred without being sold. But remember, futures and forex can't be moved through the ACATS network and will need to be handled separately. Also, close out any options that are about to expire.
Step Three: Check on any foreign stocks, over-the-counter (OTC) equities, or mutual funds you want to transfer from Interactive Brokers. While Schwab does offer trading in these, it’s best to confirm that they can be transferred. Don't forget to add options and margin to the Schwab account if needed.
Step Four: Finally, submit the transfer request at Schwab. Once your Schwab account is open and approved, go to Schwab’s Transfers and Payments section, enter the details for your Interactive Brokers account, choose whether you want a full or partial transfer, and authorize the request.
Free Charles Schwab Account
Visit Schwab Website
How Long Does an ACATS Transfer Take?
Expect a typical transfer to take about three weeks for cash and securities to show up in the receiving account.
Updated on 4/6/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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