Recent content by eric41

Could this be a reason why they are closing non-US accounts ie fear of holding money laundered accounts from outside the US where they have no power to verify if customer deposits are from washed cash?Maybe they decided to become weary of foreign accounts after paying this fine this week...

I finally got a reply after asking them repeatedly.They stated that due to new regulatory and compliance requirements they cannot continue to support accounts in my jurisdiction.I am a non US citizen.

I also got a similar account closure letter.They simply stated as below Following our review of your account, we regret to inform you that we have determined to terminate IBKR’s client relationship with you. This letter serves to inform you that Interactive Brokers will be closing your account...