Recently, the approval process for new account applications at Interactive Brokers(IBKR) has noticeably tightened. It is understood that many users' account opening requests have been rejected by the risk control department, reflecting a further upgrade in the platform's risk management strategy.
For investors who have already successfully opened accounts, the accounts in their possession now appear especially valuable. To be honest, in the current trading ecosystem, Interactive Brokers, with its comprehensive asset class coverage, highly competitive fees, and powerful trading tools library, remains the best choice for retail investors to access.
Since the threshold for opening new accounts is being raised, the value of existing accounts becomes even more prominent. If you haven't been affected by this wave of risk control, consider maintaining and fully utilizing your account resources.
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StablecoinAnxiety
· 12-18 20:06
Damn, I should have just given up earlier. Now IBKR's threshold is so high.
Interactive Brokers is really getting stingy. The brokerage that used to open accounts casually is gone.
Having an account is really a gain; holding it now is just chips.
This round of risk control has really messed with my mindset. Luckily, the account is still alive.
Why does it feel like all mainstream exchanges are tightening together? Is the industry about to change?
An account is now like a Bitcoin address—each one holds a different amount of money.
Early birds catch the worms; latecomers can only watch.
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NftDeepBreather
· 12-18 11:43
I've been rejected for a long time and now I regret it to death
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What is IBKR doing? Why is it suddenly so strict
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Having an account indeed means making money, I just don't have that luck
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Risk control is becoming more and more ruthless, ordinary people really can't afford to play
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Holding onto an account is like holding onto a gold mine, I understand this now
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There should be quite a few people rejected, better to find a reliable third party
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It feels like IBKR is screening users; not everyone is suitable to use it
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These days, having a good account is more valuable than anything
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I don't know if there are other options; IBKR has such a high threshold
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ClassicDumpster
· 12-18 11:40
I heard they are starting to block people again. This time, IBKR's risk control really can't hold up anymore.
My account now feels like I hit the jackpot, gotta cherish it.
When risk control tightens, the accounts in hand become valuable. It's a bit ironic haha.
All major exchanges are playing this game, seeing who can raise their threshold to the ceiling first.
Fortunately, I wasn't affected, but if this continues, it will become increasingly difficult for ordinary people to get in.
These fees definitely can't compete with IBKR, but now opening an account has become the biggest problem.
The group that was rejected probably regrets it now. They really should have gotten on board earlier.
Having an account is like being the parent; not having one is like being the younger sibling. The Web3 world is very real.
IBKR is essentially doing a disguised targeted issuance of accounts.
Those who already have accounts are the true winners; newcomers can only watch in frustration.
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ImaginaryWhale
· 12-18 11:30
I've been rejected for a long time, now watching old account holders have a blast
Recently, the approval process for new account applications at Interactive Brokers(IBKR) has noticeably tightened. It is understood that many users' account opening requests have been rejected by the risk control department, reflecting a further upgrade in the platform's risk management strategy.
For investors who have already successfully opened accounts, the accounts in their possession now appear especially valuable. To be honest, in the current trading ecosystem, Interactive Brokers, with its comprehensive asset class coverage, highly competitive fees, and powerful trading tools library, remains the best choice for retail investors to access.
Since the threshold for opening new accounts is being raised, the value of existing accounts becomes even more prominent. If you haven't been affected by this wave of risk control, consider maintaining and fully utilizing your account resources.