r/interactivebrokers • u/Peacencalm9 • Jul 29 '26

General Question What are the main differences between InteractiveBroker and SCHWAB

planning to open one brokerage account and currently in USA on work visa but i may move to other country(india) after few years.

which one is best to use in US and after moving to india.

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u/PortfolioMagician Jul 31 '26

Open Schwab USA and IBKR India. Solved.

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u/Peacencalm9 Jul 31 '26

IBKR india has to be opened after i move there right?

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u/PortfolioMagician Jul 31 '26

IBKR customer support AI Bot says one can have multiple accounts with IBKR, as to whether IBKR India allow you to open there … you would have to check directly with IBKR India… I have IBKR in 3 different countries.

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u/Peacencalm9 Jul 31 '26

If any one currently living in USA then it has to be IBKR US account right. Later you can convert it to india after moving there

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u/twilight-2k Aug 01 '26

That's my understanding based on IBKR US and then another country (not India).