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What is Interactive Brokers’ capital verification fee?

Interactive Brokers’ capital verification fee refers to the accounting firm’s charge for the service of verifying capital and issuing a capital verification report.

The capital verification fee is incurred during the company's preparation period and is included in the long-term deferred expenses - start-up expenses. Capital verification is to verify capital or verify corporate capital. It is a certified public accountant who is entrusted by law to verify the authenticity and legality of the paid-in capital of the audited unit and its related assets and liabilities.

Interactive Brokers, referred to as IB, was founded in 1979 by Thomas Peterffy. IB automates all internal transaction processing, thereby reducing transaction commissions. Clients can choose a fixed rate or a cost-added pricing structure to enjoy the lowest costs based on their trading activities. IB received a 4.5-star low-cost broker rating from Barron's magazine. For the past 7 years, IB has been awarded 4 stars or above.