Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

Matade · Feb 25, 2025

forward · Feb 25, 2025

yeah, using the sepa transfer? what's the amount ?

daniels27 · Feb 25, 2025

IBKR only accepts transfers from your own account. Unless the exchange has personal IBANs for sending money, it won't work,

https://www.interactivebrokers.com/en/support/fund-my-account.php

Third-Party Deposits - Interactive Brokers strongly discourages and, generally, rejects third-party deposits, which have historically been viewed by the financial services industry and its regulators as being highly susceptible to acts of fraud and money laundering. For more information, see our FAQ on the subject.

PhantomOf ThePits · Feb 25, 2025

Matade said:
Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

Not to ibkr.com directly, but you can send crypto to swissquote.com directly and buy stocks bonds and so on there..

Not the same as ibkr.com but also not as bad as many other brokers out there...

Houdini · Feb 26, 2025

It is difficult to get an account with Swissquote if you have no trading experience. They ask tons of stupid questions about trading stocks and currencies.

PhantomOf ThePits · Feb 26, 2025

Houdini said:
It is difficult to get an account with Swissquote if you have no trading experience. They ask tons of stupid questions about trading stocks and currencies.

Let ChatGPT help to answer questions then - copy/paste ;-)

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Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

Matade

forward

daniels27

PhantomOf ThePits

Houdini

Merchant Account expert

PhantomOf ThePits

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