if you or any IB rep reading this, please see how you can help me. Please Please It's very saddening and sick feeling to see IBKR closing my account after 6 Years. Please reach to me and i can provide every information that you request. IBKR Account Closure Notice Account U****0000 Dear Client, A determination has been made to close your IBKR brokerage account because of a connection between your account and a country in which IBKR does not conduct business due to sanction and/or AML reasons. You may transfer your account(s) to another brokerage firm through the Automatic Customer Account Transfer System (ACATS) or you may liquidate existing positions in your IBKR account(s), and we will disburse the remaining funds to you. If you do not close or transfer all account positions within 30 days of this notice, we reserve the right to liquidate remaining account positions, credit the proceeds of the liquidation to your account or to distribute the proceeds to your last withdrawal instructions on file with IBKR. ------------------------------------------------------------------------------------------------- My reply to IB customer service and Regulatory Dear Sir/Madam, Good day. Kindy I would like you to carefully reevaluate my account again. I am UAE citizen and UAE Isn't sanctioned country. I am trading my own individual account and i have no connection with any sanction countries. I have been trading with IBKR for 5 years and it took me 6 years to learn the steep learning curve of TWS, and it's very unfortunate and saddening to see my 6 years of effort for learning TWS platform will go in vain. FYI i have account with other US brokerage firms like Charles Schwab inc, TradeStation securities LLC and others . If you closing my account due to non activity, i can increase my account size and trade more actively. Please don't hesitate to contact me or call me at +971-XXXXXXXXX if you may have any questions. Kindy I would like you to carefully reevaluate my account again. Thank you ------------------------------------------------------------------------------------------- InteractiveBrokers LLC ("IBKR") received your comments dated April 21, 2025, in which you express concerns regarding a potential account closure. We must communicate that the decision to terminate your account has been deliberated and finalized by our senior management team. It is important to understand that this decision is absolute and cannot be reversed. Consistent with our internal protocols, we are not at liberty to disclose the specific circumstances leading to this account closure. As mentioned in the Client agreement, "IBKR may terminate Client's use of IBKR's services at any time in IBKR's sole discretion without prior notice to Client. IBKR may also decline to accept, to execute or to cancel any Client order, or may otherwise restrict, in whole or in part, Client's use of IBKR's services at any time, for any length of time, in IBKR's sole discretion, without prior notice to Client." While we understand that you may not be satisfied with our response; however, IBKR's decision to close your account is our final decision. As such, we consider your matter as resolved. Kind regards, Melissa P IBKR Client Services Message Reference Number: 0-0, Sent Date: 2025.04.28 12:39:27 -0400 MRN:GE3TINJYGU4DGNRXGUYDAMBRGA2HYTLBNZZWQYLSMFTGC5CAM5WWC2LMFZRW63L4GB6DA%3D%3D%3D:
Ask to Speak to the Manager that always clears things up. And then threaten to sue them for millions of dollars. If nothing still, switch account brokerages. The world continues to spin for another 7 billion years Tune of Trade
Hello TradeTune, Trade the ES Futures Market with AMP Futures or Tradovate, they do no discriminate against any race. I am allowed to trade here as well with no issues
You are based in the US, he is based in the UAE. Looks like IB don't want to do business with people in UAE anymore. Also it looks like IB is no longer an ET sponsor (no longer in the list at the bottom of this web page). So it seems they don't care about smaller traders anymore. Got much bigger fish to fry these days.
I like IB because access to every exchange around the globe , highly advanced platform that allows to do things without the need for coding, and can be linked to so many software and very low margin borrowing ..
Hello TradeTune, Do you want to make money or fall in love with IB broker? IB Broker does not like people in the UAE, move on. I am Black Man in USA, and yes I can complain about racism and unfair and ALL that bullshit, but guess what NOONE cares and does not put money in my pocket. I make money and move on . Pick a new broker who likes UAE people and move on. You got money to make.