Closing IB Account

[m_grindy]

Can I just check with someone before I put in my £5000 minimum deposit that it is easy enough (if I decide to stop using IB) to withdraw my cash and close my account? I imagine it is pretty simple and might sound like a stupid question, but better to be safe than sorry!

Cheers,

Mike

 

[TheBramble]

Mike, IB are as reputable as they come. But like any organisation, they tend to have far more processes (delays) involved with closing an acocunt down that you or I would be interested in. It's generally quicker and easier to simply withdraw all but a nominal amount.