Dont know the answer to your question. I'm guessing there's a threshold dollar amount that causes an applicant to go on their radar. I've made several deposits to IB , several thousand $$ each time and I've gotten the impression they dont care if I even have a pot to piss in as far as job,income,etc.
Net Worth Is Less Than The Size Of Deposit
- Thread starter Nobert
- Start date
Dont know the answer to your question. I'm guessing there's a threshold dollar amount that causes an applicant to go on their radar. I've made several deposits to IB , several thousand $$ each time and I've gotten the impression they dont care if I even have a pot to piss in as far as job,income,etc.
its like some secret where they "cannot" advise us for some reason or another. surely someone here knows.
Don't know,
But I did have several Bank CD go under. To my amazement, the next day, by close of business, they FDIC had deposited the money into my account. That is faster than any bank or brokers transaction that I have ever had.
I would assume that it depends upon the load the SPIC has, but I would not be surprised if it was very quick.
%%
IT has to be 1 or all of these 3;
1]Industry regs
2]gov regs
3] commonsense, since nobody should invest with money they cant afford to lose.
WFC asked me to sign a IRS form for allowing them to double check my tax returns with IRS originals forms. I signed it.
Common sense again ,even if its slightly different
Yes, you should try and understand the formula for net worth...
And so should every other poster on this topic.
