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IB put my account to close only status.
- Thread starter trend2009
- Start date
After ib put my account to close only, I opened a new account. Three weeks later, ib froze the new account too. The problem came from I ignored an inquiry about a 50-share trade. IB flagged that trade, asking me to explain. I did not answer, since it is a small trade. Then all problems came. It is hard to talk directly to ib staff. Ib is so big that it does not care losing customers. I am looking for another broker, but not easy to find that matches my need
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Hmm, and? This can hardly be the full story. What stock was it? Why would they ask you to explain. Did you do something you were not supposed to do? In 20 years with IB have I not been asked even once to explain a trade. And I bet I have placed more than 100 times as many trades in those 20 years with IB than you have.
After ib put my account to close only, I opened a new account. Three weeks later, ib froze the new account too. The problem came from I ignored an inquiry about one of my trade of 50 shares. IB flagged that trade, asking me to explain. I did not answer, since it is a small trade. Then all problems came.
Just a cross trade with my another client. Ib detected the two accounts are from the same IP address, managing by the same person.so ib froze all accounts from my iP. In the past, ib only froze the account that received the inquiry.Hmm, and? This can hardly be the full story. What stock was it? Why would they ask you to explain. Did you do something you were not supposed to do? In 20 years with IB have I not been asked even once to explain a trade. And I bet I have placed more than 100 times as many trades in those 20 years with IB than you have.
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Then you must be working for institution.And I bet I have placed more than 100 times as many trades in those 20 years with IB than you have.
This is a serious thread yet your post reminded me of a famous sayingThen you must be working for institution.
Marriage is a great institution, but I'm not ready for an institution.
Mae West
You can be happy they only froze your account.
Just a cross trade with my another client. Ib detected the two accounts are from the same IP address, managing by the same person.so ib froze all accounts from my iP. In the past, ib only froze the account that received the inquiry.
I just manage friends’ accounts. No illegal activity involved.You can be happy they only froze your account.
What you did itself is illegal.
I just manage friends’ accounts. No illegal activity involved.
You mean cross trade?What you did itself is illegal.