Investing Simple Logo
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Earn 5.00% APY with M1 High-Yield Savings Account
M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Taylor Danielle on October 4, 2023
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

How To Transfer From E*Trade To Interactive Brokers 2023

Interactive Brokers is a popular online brokerage known for its robust trading platform and competitive fees.

If you're currently using E*Trade but wish to transfer your assets to Interactive Brokers without selling your stocks or ETFs, this article will guide you through the process.

What is Interactive Brokers?

Interactive Brokers (IBKR) is a brokerage platform that caters to both novice and experienced investors.

It offers access to a plethora of financial markets worldwide, low-cost trading, and a wealth of research tools to help you make informed investment decisions.

Whether you're interested in stocks, options, futures, forex, or fixed income securities, Interactive Brokers provides a comprehensive suite of trading options.

Learn more about Interactive Brokers here!

Best Free Stock Promotions

Robinhood Logo1 Free Fractional Share Worth $5 To $200Claim Bonus
Webull LogoEarn Up To 70 Free Fractional SharesClaim Bonus
Moomoo Logo5 Free Stocks When You Deposit $100+Claim Bonus
Acorns Logo$20 Bonus When You Invest $5+Claim Bonus

Step 1: Open an Interactive Brokers Account

If you don't already have an Interactive Brokers account, the first step is to open one.

Visit the Interactive Brokers website and follow their account-opening process.

Step 2: Navigate to Transfer Positions

Once your Interactive Brokers account is set up, log in to your account.

From the top menu, hover over "Transfer & Pay," and select "Transfer Positions" from the dropdown menu.

Step 3: Select E*Trade as the Broker

In the "Transfer Positions" section, you'll find a list of popular brokers.

Locate and select E*Trade from the list.

Interactive Brokers Transfer

If you don't see E*Trade listed, use the dropdown menu to access more broker options.

Step 4: Provide Your E*Trade Account Number

To initiate the transfer, you'll need to input your E*Trade account number.

You can typically find this information on your E*Trade account statements or within your E*Trade account dashboard.

Step 5: Review and Confirm

Before proceeding, review all the details you've entered to ensure accuracy.

Double-check your E*Trade account number and any other relevant information.

Step 6: Pay Transfer Fees

Keep in mind that E*Trade charges an Account Transfer (ACAT) fee.

This fee is $75 for a full account transfer and $25 for a partial account transfer.

Be prepared to cover these fees as part of the transfer process.

Step 7: Complete the Transfer

Once you've verified all the information and paid the transfer fees, Interactive Brokers will initiate the transfer process on your behalf.

The time it takes to complete the transfer may vary, but you can monitor the progress through your Interactive Brokers account.


Transferring your assets from E*Trade to Interactive Brokers can be an easy process.

By following the right steps, you can transfer your assets seamlessly without the need to sell your stocks or ETFs.

Article written by Taylor Danielle

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram