FPA Rating (2.5/5)GlobalTrader, IBKR Mobile, Trader Workstation, IMPACT
n/a (varies by regulator/account)
IIROC, ASIC, FCA, HKFE, SEBI, JSDA, MAS, FINRA
Founded in 1977 and headquartered in the United States, this brokerage firm has made a name for itself by offering a diverse range of financial instruments. Whether you're interested in stocks, options, futures, forex, bonds, or funds, InteractiveBrokers has got you covered.
It caters to both retail and institutional clients across more than 150 markets worldwide. The secret to its success lies in its comprehensive suite of advanced trading tools, competitive pricing, and access to global markets, making it a top choice for traders and investors alike.
InteractiveBrokers is a reputable brokerage offering a vast selection of instruments and account types, along with competitive pricing and tight spreads. Their trading platforms are feature-rich, and their educational resources are impressive. While it may not be the best choice for beginners, InteractiveBrokers remains a top pick for experienced traders seeking a reliable and comprehensive trading platform.
Interactive Brokers excels in offering a wide variety of financial instruments, including stocks, options, futures, forex, bonds, and hedge funds. This diversity allows traders to build diverse portfolios and explore various trading opportunities.
Interactive Brokers is known for its cost-effective approach, with low spreads and competitive commissions. Traders can minimize their trading costs, making it an attractive choice for those looking to maximize their returns.
Interactive Brokers provides an extensive array of educational resources, making it a great option for traders looking to enhance their knowledge and skills. From the IBKR Campus to webinars, videos, and more, they cater to traders of all experience levels.
Interactive Brokers' trading platform and tools can be complex and challenging for beginners. The platform's learning curve may not be suitable for those new to online trading.
While they offer multiple customer service channels, Interactive Brokers' support is not available 24/7. This may not be ideal for traders who require assistance outside regular business hours.
While Interactive Brokers doesn't have a minimum deposit requirement, it may not be the best choice for traders with very limited capital. Some fees and commissions may be more noticeable for traders with smaller account balances.
4/5They are widely recognized in the industry for offering competitive pricing with low spreads and commissions. This makes them an attractive choice for traders who aim to minimize their trading costs. Additionally, Interactive Brokers provides volume discounts, further enhancing their cost-effectiveness, especially for high-volume traders. However, it's important for traders to review and understand their specific fee structure and how it may apply to their trading activities to make an informed assessment.
3.5/5Interactive Brokers receives a favorable rating for its trading tools. They offer a comprehensive suite of trading platforms designed to cater to traders at all levels of experience. These platforms include BKR GlobalTrader, Client Portal, IBKR Mobile, Trader Workstation (TWS), IBKR APIs, and IMPACT.
These tools provide features such as customizable layouts, advanced charting tools, real-time market data, and news feeds. They are accessible on desktop, mobile, and web versions, ensuring traders can execute trades and manage their portfolios from anywhere. Interactive Brokers' trading tools are user-friendly and intuitive, enhancing the overall trading experience.
Additionally, their specialized trading tool, FXTrader, caters specifically to forex traders, offering real-time quotes for currency pairs and advanced order types. Overall, Interactive Brokers' trading tools are comprehensive and versatile, making them a valuable asset for traders seeking a robust trading platform.
4/5Interactive Brokers receives a high rating for the availability of markets. They excel in this aspect by offering access to a wide range of markets, making them a preferred choice for traders looking for diversification and opportunities across various asset classes.
Interactive Brokers allows traders to participate in markets such as stocks, options, futures, forex, bonds, and hedge funds. With access to over 150 markets globally, traders have the flexibility to build diversified portfolios and explore different trading strategies.
Their extensive market coverage empowers traders to adapt to changing market conditions and seize opportunities across a broad spectrum of financial instruments. Therefore, Interactive Brokers is highly rated for the breadth and depth of markets they make accessible to their clients.
We help answer some common questions traders asked about Interactive Brokers
There is no minimum deposit requirement to open an account with Interactive Brokers. They offer accessibility to traders of all capital levels.
While Interactive Brokers offers a range of educational resources, its platform can be complex for beginners. It's often considered more suitable for experienced traders.
Interactive Brokers provides access to a wide range of markets, including stocks, options, futures, forex, bonds, and hedge funds. They offer diverse trading instruments across 150 markets.
Interactive Brokers is known for its competitive pricing, with low spreads and commission rates. They are often a cost-effective choice for traders looking to minimize trading costs.
Yes, Interactive Brokers is regulated by the Investment Industry Regulatory Organization of Canada (IIROC), providing a high level of security and compliance with industry standards.
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