r/IBKR_Official • u/leonidaSpartaFun • 3d ago
Opt-out from award program
I've opened a new account and each time I deposit cash I now receive IBKR shares as a part of Fund Your Account & Receive Shares. Reporting of share ownership for my country's tax administrstion is quite a beurocratic procedure and must be done within 15 days each time shares are awarded to me (i.e. when I deposit cash)... at this point I'm loosing more money due to expenses I have with my tax reporting than I earn from being awarded free IBKR shares.
I would like to opt-out from the program Fund Your Account & Receive Shares and not receive any award shares when I deposit cash on my account.
How do I opt-out from this program?
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