Interactive Brokers ACAT Fee (Transferring Out)
Interactive Brokers does not charge ACAT (or account transfer out) fee for both full and partial
account transfers.
| ACATS |
Deposit or Withdrawal |
None |
| DWAC |
Deposit or Withdrawal |
USD 100 per settled transaction |
| DRS |
Deposit or Withdrawal |
USD 25 per settled transaction; USD 100 per rejected transaction |
ACAT Fee for Transfers to Interactive Brokers
Interactive Brokers does not charge any fees when you move your account to them. You can use
the new customer referral link below to open an account and start the transfer:
Visit IB Website
Does Interactive Brokers Pay Transfer Fees?
Interactive Brokers does not refund ACAT transfer fees charged by your current broker.
However, some brokerages do cover other brokers’ account transfer fees. The average ACAT fee is around $75,
Charles Schwab offers up to $125 ACAT reimbursement if you transfer an account
with at least $7,500 to them.
IBKR Wire, Check, or ACH Transfer Fees
| USD |
10.00 |
4.00 |
1.00 |
| CAD |
12.00 |
N/A |
2.00 |
Transferring from Interactive Brokers to Schwab
Here’s how to move your Interactive Brokers (IBKR) account to Schwab:
Step One:
Make sure you have an account open at Schwab. Schwab offers an easy online application on its website and app if you don't have an account of the same type and name. Schwab can accept transfers into both self-directed or automated (robo) accounts. But remember, only cash can go 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 self-directed account, many securities can be transferred without being sold. Note that futures and forex aren’t transferable through ACATS, and you should also close any options about to expire.
Step Three: Check any foreign stocks, OTC equities, or mutual funds you plan to transfer. Although Schwab supports these, confirm they can be moved. Also remember to add options and margin to the Schwab account if necessary.
Step Four: Finally, submit the transfer request on Schwab’s website by hovering over the Accounts tab and choosing Transfer Account. Enter your Interactive Brokers details and send the request.
Free Charles Schwab Account
Visit Schwab Website
How Long Does an ACATS Transfer Take?
It typically takes about a week and a half for cash and securities to arrive in the new account.
Updated on 2/7/2025.
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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