SIPP Administrators now have the ability to open a master account, which allows their clients (SIPP Beneficiaries) to trade financial products (e.g., stocks, options, etc.) through IB. This is a great way for SIPP Administrators to create new value and attract new clients that seek low cost and best execution in worldwide markets.
First, a SIPP Administrator opens a Pension Administrator account with Interactive Brokers (UK) Limited. This account will be your master account. Once your firm completes our online application and submits their required ID documents, we will review and approve your account.
Next, the SIPP Administrator (the master account) sends invitations to each of their respective SIPP Beneficiaries to open an IB account to make use of our online brokerage services. Once each SIPP Beneficiary subaccount is approved, the SIPP Administrator configures trading permissions for the subaccounts and, once funds are deposited, the SIPP Beneficiary subaccounts are ready to trade.
For local assistance in London on SIPP accounts, call 020 7 7105630.
SIPP subaccounts are only available to individuals between the ages of 18 and 75.
IB does not support ISAs, QROPs, PRSAs, nor it does accept US citizens or US residents that trade through a SIPP.
You cannot trade CFDs through our SIPP subaccounts.
To trade your SIPP through us, you must first negotiate terms and fees with any of our pre-approved SIPP Administrators.
IMPORTANT: Any symbols or references to a pre approved SIPP Administrator that are displayed and noted are for illustrative purposes only and do not portray a recommendation.