Withdraw funds from IBKR

How to enter a withdrawal from your IBKR account, step by step.

Updated 16 June 2026

The steps below describe how to enter a withdrawal from your Interactive Brokers (IBKR) account for most withdrawal methods.

1. Go to Transfer & Pay

In the IBKR Client Portal, click Transfer & Pay > Transfer Funds. Alternatively, click Menu in the top-left corner, then navigate to Transfer & Pay > Transfer Funds.

2. Select your account (if prompted)

If you have multiple accounts, account partitions, or a master account linked to client or sub-accounts, the Account Selector will open. Select the account you want to use, then click Continue to confirm your selection and close the selector.

3. Select Withdraw Funds

From the menu options, select Withdraw Funds.

Transfer Funds screen showing four options: Deposit Funds, Withdraw Funds, Internal Transfer, and Transfer Funds — Select Withdraw Funds from the Transfer Funds menu.

4. Choose your currency

In the Currency list, select the currency of your withdrawal.

5. Select a withdrawal method

Choose a previously used withdrawal method, or select Use a new withdrawal method to set up a new one.

Withdrawal screen showing previously used methods (Chase, Citibank) and a 'Use a new withdrawal method' option — Select a saved withdrawal method or add a new one.

If you select Use a new withdrawal method, you will be prompted to choose from the available withdrawal types.

Screen listing available withdrawal methods including ACH, Bank Wire, Check, Direct Debit, and Transfer to Wise Balance — Choose from the available withdrawal method types.

6. Save your bank information (optional)

You can save your bank details for future withdrawals by entering your bank information and clicking Save Bank Information.

Bank Wire Withdrawal form with fields for currency, destination bank, account nickname, and account holder, with a Save Bank Information button — Enter your bank details and click Save Bank Information to reuse them in future withdrawals.

7. Select the destination bank

In the Where will the funds be deposited? drop-down menu, select the appropriate bank from the list.

8. Enter the withdrawal amount

In the Transaction Information section, type the amount you wish to withdraw in the Withdrawal Amount field.

9. Confirm your identity

When prompted, confirm your identity by entering your login credentials.

Bank Wire Withdrawal confirmation screen showing transaction details and a 'Confirm Your Identity' section with username and password fields — Enter your username and password to confirm your identity before the withdrawal is processed.

10. Submit or cancel

Click Create Withdrawal to submit your withdrawal request, or Back to cancel the transaction.

11. View the result

Click View Transaction History to check the status of your withdrawal, or Start Another Transfer to initiate another fund transfer.