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Forums Cryptocurrency Interactive Brokers & Crypto

  • Interactive Brokers & Crypto

    1 Reply
  • Top SubjectCryptocurrency,Solo 401k Brokerage Account
    Top ForumsCryptocurrency, Solo 401k Brokerage Account

    Berry Cox
    Top SubjectCryptocurrency,Solo 401k Brokerage Account

    January 25, 2022 at 7:05 am

    I would like the ability to trade crypto and stocks with the Solo401k that I am in the process of setting up. Ideally, I would like to be able to do this in one account. In reviewing various options, it appears that Interactive Broker’s trust accounts allow both stock and crypto trading.

    From the IBKR FAQs: “Individual, joint or trust accounts under the IBLLC entity (including most clients of Financial Advisors) and organizational accounts (excluding three tier structures and non-Fully Disclosed Brokers) under the IBLLC entity from the following countries are eligible to trade cryptocurrency:… “. United States is one the listed countries. Note that IBKR does NOT allow crypto trading in regular IRA accounts.

    Am I correct that IBKR should allow crypto & stock trading in the same account? Or is there a complication that I am missing?

    Berry Cox
  • George Blower

    Top SubjectSolo 401k,Solo 401k Contributions
    Top ForumsSolo 401k, Solo 401k Contributions

    George Blower

    George Blower

    Top SubjectSolo 401k,Solo 401k Contributions

    January 25, 2022 at 7:11 am

    @priority

    Top SubjectCryptocurrency,Solo 401k Brokerage Account

    Thank you for posting your question!

    This confirms that we help our Solo 401k clients open accounts at Interactive Brokers and the type of accounts are trust accounts such that such accounts share eligible to trade cryptocurrency per the information you posted.

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