IG account inactivity fee $50/qtr

sasch said:

I can only judge from my experience. I have been required to send additional email correspondence for withdrawals on at least three different times in a little over a one year, period which I have found a tad excessive.

Other than that, I do not have a problem with any other aspect of their service. However, since I consider easy deposits and withdrawals an essential part of the broker service, I have been disappointed in this regard.

Click to expand...

all we can do is tell our own experiences (and hopefully those influenced by our words can work out the context of same).

ur experiences, on what is known, seem not the greatest. Ironically i have never had cash issues, but i have had issues with other aspects .....

If ur problem still exists (either ig or citicorp end in corporate actions) PM me, there may be a name u can use. (i do not work for either)

OT - on bank delays
for some of my brokers (i use 4) there are zero transfer delays (both in and out). with some i can xfer any amount of cash between trading accounts (different trading entities) in seconds via an external bank account that is 'known' to all the entities. it has to do with how and where the trading cash is held, and what institution/entity holds the external 'linked' bank account used for the 'in' and 'out' transfers.

just realized (without looking and cbf) i do not even know if ig holds trading money as cash - or if it is held internally as a transferable instrument.

oh, and if peeps hit limits due to their structure, bpay is a solution.

Thursday today .....