› Forums › Cryptocurrency › Interactive Brokers & Crypto
Tagged: Cryptocur, Cryptocurrency
-
Interactive Brokers & Crypto
Posted by Berry Cox on January 25, 2022 at 7:05 amI 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?
George Blower replied 4 years, 7 months ago 2 Members · 2 Posts -
1 Reply
-
-
Berry Cox
January 25, 2022 at 7:05 amI 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
January 25, 2022 at 7:11 amThank 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.
Related Discussions
- Question: I want to invest…4 months ago
- How Can Solo 401k Owners…1 year ago
- What's the Difference Between Schwab's…1 year ago
Related Blog Posts
- The ROBS 401k webinar this…5 years ago
- 1. Find rental properties in…5 years ago
Log in to reply.