09-13-2007, 03:35 PM
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Join Date: Jan 2007 Location: USA Thanks: 1,912
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| Re: ACATS transfer into Interactive Brokers Quote:
Originally Posted by newtrader05 » I am novice trader switching from my current broker to interactive brokers and thinking of using an ACATS to make the transfer. Currently I am all cash in my present broker. Is ACATS a safe mechanism? What is the best, safest means of moving cash from my old broker to IB. don't want to make a novice mistake and assume that things will just go well.
Thanks,
newtrader05 | ACATS is quick and easy. Much safer and easier than sending a check or money order. If done correctly cash should be there within days. |
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