Account freeze risk

Discussion in 'Trading' started by tonyf, May 7, 2022.

  1. tonyf

    tonyf

    JamesJ and ffs1001 like this.
  2. bookish

    bookish

    Welcome to Israel.

    Seriously though, call and ask for the "compliance" guy.

    If that doesnt get you anywhere call the congressman where ib is located and then try the state department.

    Good luck! Let us know what country you decide to do business with after you pull your money out of usa.

    Not advised: uk, denmark, switzerland, australia.
     
  3. ktm

    ktm

    If capital controls and asset freezes concern you, you should make sure you are working to elect representatives that share your values.
     
    Gambit and ET180 like this.
  4. SunTrader

    SunTrader

    So the part that says:- "You are trying to submit an order without having market data for this instrument" is to be disregarded. Why?
     
  5. ffs1001

    ffs1001

    @tonyf , thanks for posting. This is a very good reminder, as I frequently travel to some unconventional places and doing something as innocent as a travel trip, could potentially be financially crippling.

    I'm curious how this situation gets resolved.
     
    stochastix likes this.
  6. That's why even on the phone, I VPN home and VNC into the desktop. Not actually the reason, but that's what I do.
     
    Gambit likes this.
  7. Make sure you own some physical silver. Seriously.
     
  8. tonyf

    tonyf

    Just to be clear, I am not pointing fingers to IBKR here but merely stressing compliance and capital controls risks across the board.
     
    Gambit likes this.
  9. SunTrader

    SunTrader

    How about not visiting Crimea after Putin grabbed it?

    That WNBA player should have stayed the eff out of Moscow too.

    And years ago the hikers that went to of all places Iran.

    A little common sense goes a long way in not needing panic rooms and oooh precious metals.
     
    stochastix, Nobert, Gambit and 2 others like this.
  10. xandman

    xandman

    Did he happen to be along the Crimea River?
     
    #10     May 7, 2022
    Gambit and comagnum like this.