Withdraw money directly from IB to other broker or crypto exchange

[blink18]

Is it possible to withdraw money from IB to other broker or crypto exchange where I also have an account? Or do I have to first withdraw to my bank account and then transfer to my account at other broker or crypto exchange?

 

[Maverick2608]

Yes you can withdraw to another broker as long as the account is in the same name.

 

[RedDuke]

Yes you first need to withdraw to your personal/business account where it came from.

 

[easymon1]

money from IB to other broker or crypto exchange where I also have an account

why not contact the target account and get their take on the most friction free way to get er done?

 

[traderslair]

Yes you first need to withdraw to your personal/business account where it came from.

what, no you don't, it's called an ACAT transfer and it's free and also even takes care of positions.

 

[ZBZB]

They told me you could not do a third party withdrawal to a crypto exchange.