These are the steps to open an IB account with Darwinex.
For both individual and corporate accounts, start your application here.
1. Individual Accounts
| Step 1 |
Have a validated Darwinex account If you haven't yet passed the Darwinex account application process, you'll be asked to do so. |
| Step 2 |
Fill out a form with additional information required by Interactive Brokers You can do this while you're waiting for confirmation of Step 1. As part of Step 2, you'll be asked to fill out, sign and submit Form W-8BEN. |
| Step 3 |
Apply for the Interactive Brokers account Proceed to Step 3 if you've completed Step 2 AND have in your Wallet the minimum deposit required by Interactive Brokers, which is 10,000 (units of your Darwinex account currency). After you've applied for an Interactive Brokers account, it can take 1-5 business days to have the account approved. When your account is approved, you'll receive an email with the details of your Interactive Brokers account. The password you'll receive is provisional and you'll need to change it the first time you log in to IB's Client Portal. It's also required that you activate 2FA through IB's HandyKey mobile app. Please activate 2FA in the first 3 days after your first access to the Client´s Portal. Your account could be blocked without it. |
| Step 4 |
Transfer funds to your Interactive Brokers account The last step to make your Interactive Brokers account fully operational is to transfer funds to it. You can initiate a transfer from your Darwinex Wallet. Transfers between your Darwinex Wallet and your IBKR account are processed manually and can take up to 4 days to arrive. |
Check out IB's user guides, FAQs, APIs and tools to make the most of your Interactive Broker's account.
2. Joint Accounts & Corporate Accounts
| Step 1 |
Have a validated Darwinex account If you haven't yet passed the Darwinex account application process, you'll be asked to do so. |
| Step 2 |
Apply for the Interactive Brokers account Proceed to Step 2 if you've completed Step 1 AND have in your Wallet the minimum deposit required by Interactive Brokers, which is 10,000 (units of your Darwinex account currency). The money is not withheld, it is simply required to be available in the wallet. After clicking the "Open an account" button, you'll be asked to introduce a name for your account. You can change it later on. Our team will review whether the documentation about the co-owners (in case of joint accounts) or the corporate (in case of corporate accounts) in possession of Darwinex needs to be completed to fulfill Interactive Broker's requirements. They'll contact you via email if additional information is needed. They may ask you to log in to your application on the Interactive Portal and fill in the "FATCA questionnaire" or upload some documents yourself. When your account is approved, you'll receive an email with the details of your Interactive Brokers account. The password you'll receive is provisional and you'll need to change it the first time you log in to IB's Client Portal. It's also required that you activate 2FA through IB's HandyKey mobile app. Please activate 2FA in the first 3 days after your first access to the Client´s Portal. Your account could be blocked without it. |
| Step 3 |
Transfer funds to your Interactive Brokers account The last step to make your Interactive Brokers account fully operational is transfer funds to it. You can initiate a transfer from your Darwinex Wallet. Transfers between your Darwinex Wallet and your IBKR account are processed manually and can take up to 4 days to arrive. |
Please note that Interactive Broker's joint accounts are limited to two account holders.