facebookHas anyone transferred their positions from FSMOne to IBKR before? What’s the process like? - Seedly

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Anonymous

08 Jan 2021

General Investing

Has anyone transferred their positions from FSMOne to IBKR before? What’s the process like?

I recently opened an IBKR account and want to transfer my positions from FSMone to IBKR.

So far fsmone side seems simple enough but it’s confusing on IBKR side.

Can anyone help?

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Chris

08 Jan 2021

Owner and Writer at Tortoisemoney.com

Hi! I've done this just last year in September! You'll first need to download a form from FSMOne's side. I can't seem to find it now, but check with their customer helpine +65 6557 2853 for them to guide you to the form. After filling in the form, you'll need to send it to them via mail.

On IBKR's side, select transfer of positions and select Basic FOP Transfer and fill in the details of the positions that you are transferring.

The process should take about 4-6 weeks and you will receive a notification via email from IBKR when it is completed.

The transfer is completely free fortunately. Hope this helps!

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