Information for Indian Individuals | Interactive Brokers India Pvt. Ltd. (2024)

Your Privacy

When you visit any website it may use cookies and web beacons to store or retrieve information on your browser. This information might be about you, your preferences or your device and is typically used to make the website work as expected. The information does not usually directly identify you, but can provide a personalized browsing experience. Because we respect your right to privacy, you can choose not to allow some types of cookies and web beacons. Please click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience on our website and limit the services we can offer.

Strictly Necessary Cookies

Strictly necessary cookies are necessary for the website to function and cannot be switched off in our systems. They are typically set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. While you can set your browser to block or alert you about these cookies, some parts of the website will not work. These cookies do not store any personally identifiable information.


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Performance Cookies and Web Beacons

Performance cookies and web beacons allow us to count visits and traffic sources so we can measure and improve website performance. They help us to know which pages are the most and least popular and see how visitors navigate around our website. All information these cookies and web beacons collect is aggregated and anonymous. If you do not allow these cookies and web beacons we will not know when you have visited our website and will not be able to monitor its performance.

Functional Cookies

Functional cookies enable our website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.

Marketing Cookies and Web Beacons

Marketing Cookies and web beacons may be set through our website by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other websites. They do not directly store personal information, but uniquely identify your browser and internet device. If you do not allow these cookies and web beacons, you will experience less targeted advertising. Our website does not track users when they cross to third party websites, does not provide targeted advertising to them and therefore does not respond to "Do Not Track" signals.

Interactive Brokers Group Cookie Policy


What are Cookies and Web Beacons?

Cookies are pieces of data that a website transfers to a user's hard drive for record-keeping purposes. Web beacons are transparent pixel images that are used in collecting information about website usage, e-mail response and tracking. Generally, cookies may contain information about your Internet Protocol ("IP") addresses, the region or general location where your computer or device is accessing the internet, browser type, operating system and other usage information about the website or your usage of our services, including a history of the pages you view.

How We Use Cookies and Web Beacons

Interactive Brokers Group collects information from cookies and web beacons and stores it in an internal database. This information is retained in accordance with our Privacy Policy. This website uses the following cookies and web beacons:

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can configure your browser to block or alert you about these cookies, but certain areas of the site will not function properly. These cookies do not store any personal data.

Performance Cookies and Web Beacons

These cookies and web beacons allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information that these cookies and web beacons collect is aggregated and, therefore, anonymous. If you do not allow these cookies and web beacons our aggregated statistics will not have a record of your visit.

The website uses Google Analytics, a web analytics service provided by Google, Inc. ("Google"). Google Analytics uses cookies to help analyse how you use this website. The information generated by the cookie about your use of this website (including your IP address) will be transmitted to and stored by Google on servers in the United States. Google will use this information for the purposes of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google's behalf. Google will not associate your IP address with any other data held by Google.

Functional Cookies

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Marketing Cookies and Web Beacons

These cookies and web beacons may be set throughout our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant advertisem*nts on other sites. They do not store personal information that could identify you directly, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies and web beacons, you will experience less targeted advertising. The website does not track users when they cross to third party websites, does not provide targeted advertising to them and therefore does not respond to Do Not Track ("DNT") signals.

Managing Your Cookie Preferences

You have many choices with regards to the management of cookies on your computer. All major browsers allow you to block or delete cookies from your system. However, if you do decide to disable cookies you may not be able to access some areas of our website or the website may function incorrectly. To learn more about your ability to manage cookies and web beacons and how to disable them, please consult the privacy features in your browser or visit www.allaboutcookies.org.

This website may link through to third party websites which may also use cookies and web beacons over which we have no control. We recommend that you check the relevant third parties privacy policy for information about any cookies and web beacons that may be used.

Information for Indian Individuals | Interactive Brokers India Pvt. Ltd. (2024)

FAQs

Why do brokers ask for personal information? ›

Brokers need personal information to comply with tax laws, anti-money laundering regulations, anti-terrorist financing requirements, record-keeping procedures, and to determine suitable investments.

What is the email ID of Interactive Brokers India? ›

Investor Grievance Escalation Matrix for IB India Accounts
Details ofContact PersonEmail Address
Head of Customer Care/Board MemberPraveen Kamathcustomercareheadescalation.in@interactivebrokers.com
Compliance OfficerBina Shahcomplianceofficerescalation.in@interactivebrokers.com
1 more row

Is Interactive broker legal in India? ›

Interactive Brokers (India) Private Limited offers only services as permitted under the NSE, NSDL and SEBI regulations. 34 countries include both countries and territories.

Can a non-US citizen use Interactive Brokers? ›

Requirement to Complete Form W-8: Form W-8, Certificate of Foreign Status, must be on file with IBKR. This form must be renewed every three years. If the form W-8 is no longer valid, IBKR will assume that you are a non-US person and withhold US tax at 30% on interest, dividends, gross proceeds and payments and lieu.

How do you know if a broker is scamming you? ›

Let's look at 5 indicators of a forex broker scam that will help you identify these common scam techniques:
  • Check your Broker's Regulatory Info. ...
  • Check Regulator's Website Database and Quality. ...
  • The Broker Guarantees High Immediate Returns. ...
  • The Broker Does Not Respond to Queries. ...
  • Read the Clients' Reviews.
Mar 7, 2024

How do I remove my information from data brokers? ›

Request Your Data & Send Removal Requests

Search for "data broker opt-out" to find relevant sites and submit access/deletion requests. Be sure to keep records of all your requests, including copies of any emails or letters sent.

Does Interactive Brokers send mail? ›

Interactive Brokers periodically sends offers and information using standard mail delivery.

How can I transfer money from India to Interactive Brokers? ›

Direct ACH Transfer from your Bank

One-time setup at your bank to link to your IBKR account. After linking accounts, log in at your bank to initiate transfers. Trade in one business day or less after initial setup. Use your bank login to initiate and complete transfers.

What is the minimum deposit for Interactive Brokers? ›

The minimum deposit at Interactive Brokers is $0 - a great feature. You can choose from multiple base currencies. You can only deposit your funds via bank transfer but there's no deposit fee.

Can a US citizen open a brokerage account in India? ›

Yes, Non-Resident Indians (NRIs) are allowed to open demat accounts in India. The Reserve Bank of India (RBI) permits NRIs to invest in the Indian stock market through the Portfolio Investment Scheme (PIS) route.

Does Interactive Brokers work in USA? ›

A Global Firm for Global Investors

Interactive Brokers is headquartered in Greenwich, Connecticut and has 2,950+ employees in its offices in the USA, Canada, the United Kingdom, Ireland, Switzerland, Hungary, India, China (Hong Kong and Shanghai), Japan, Singapore, and Australia.

How do I withdraw money from interactive broker? ›

Enter Withdrawals
  1. Click Transfer & Pay > Transfer Funds. ...
  2. If you have multiple accounts or account partitions, or if you have a master account and you manage one or more client or sub accounts, the Account Selector opens. ...
  3. From the menu options select Make a Withdrawal.
May 15, 2024

Does Interactive Brokers need SSN? ›

Address; Phone; Country of citizenship or formation if entity; US Social Security Number or ID number if not a US citizen (Driver's License, Alien Identification Card, Passport or National Identity Card).

Can an NRI open an account in Interactive Brokers? ›

NRIs Trading the Indian Markets

Non-residents Indians (NRIs) must confirm/complete the following before opening an account with Interactive Brokers.

What is proof of citizenship for Interactive Brokers? ›

Passport; Driver's License; National ID Card; Other Government-Issued ID Card (i.e., US State ID Card, Visa, Alien Registration ID Card, Green Card, etc.)

What does brokers listing your personal data mean? ›

9 MIN READ. Data brokers are companies that collect your information from a variety of sources to sell or license it out to other businesses. Before they can pass your data along, brokers analyze it to put you into specific consumer profiles.

Why do data brokers collect information about you? ›

Data brokers aggregate user info from various sources on the internet. They collect, collate, package, and sometimes even analyze this data to create a holistic and coherent version of you online. This data then gets put up for sale to nearly anyone who'll buy it.

How do I stop data brokers from getting my information? ›

Opt out of data collection: You may also manually opt out from each data broker. While this may be time-consuming, it's a surefire way to stop data brokers from collecting your data. To learn more about the opt-out process for each data broker, visit PrivacyRights.org.

Why do investing apps ask for SSN? ›

In short, we are required to gather this information by federal law. The SEC, via the 2001 USA PATRIOT Act, requires all financial institutions to verify and record your Social Security number in order to verify your identity.

References

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