Deposit Insurance

Interactive Brokers has initiated internal restructuring measures in the wake of Brexit and in 2021 began to redistribute all European customers who have their permanent residence in the European Economic Area (EEA) to the newly established European branches.

Individual accounts and corporate accounts will be opened by FXFlat through IB Hungary, while joint accounts will be opened through IB Ireland.

Furthermore, FXFlat will refer clients who reside outside the EEA to IB LLC. Please note that for customers within the EEA the IB LLC will not be accessible!


Comparison

FXFlat has the possibility to open accounts through three different branches (IBCE, IBIE and IBLLC) at Interactive Brokers. Therefore, the allocation of your TWS account opening depends on both the account type and your permanent residence.

You can find the details in the comparison table.

IBCEIBIEIBLLC
CountryHungaryIrelandUSA
Regulated byCentral Bank of HungaryCentral Bank and Financial Authority of IrelandSecurities and Exchange Commission (SEC)
Deposit Insurence securitiesup to €100,000up to €20,000up to $250,000
Deposit Insurence cashup to €100,000up to €20,000up to $250,000
Deposit Insurence totalup to €100,000up to €20,000up to $500,000
Account typeSingle account, Corporate account
(within EEA area)
Joint account
(within EEA area)
Single account, Joint account, Corporate account
(outside EEA area)
Show all
  • Which countries belong to the EEA area?
  • Additional information about IBCE
  • Additional information about IBIE
  • Additional information about IBLLC

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