Interactive Brokers & ETrade - How to setup electronic wire transfers

Discussion in 'Retail Brokers' started by the_n00b, Jan 4, 2009.

  1. the_n00b


    I recently opened an IB account. What is the easiest way to send funds electronically from ETrade into IB?

    IB does not allow the multiple-penny-deposit/verification method.

    Anyone familiar with ETrade's 'Instant Verification' method? Or is best just to call?
  2. Hmm, are taking funds from an etrade brokerage or bank account? Bank Account within a day or two you can verify the small deposits and set up an link between the account. You can't link two brokerage accounts. Depending if its a new account and the amount, I would wire the funds otherwise there will be a hold on the funds, for a couple days.