Tell us what you like and dislike about Interactive Brokers. Help others make more informed decisions based on your insights.
Dan F 👍
It's good, it's cheap, it has all your basic trading features and also a bunch more that you wouldn't get at a discount broker (good account aggregation for example).
The mobile app is getting better but still not that great, requires constant logging in.
Alina C 👍
Commissions are not too high. The mobile version is user friendly.
The web and desktop versions are not intuitive at all. I can't find anything there.
Orlando W 👍
It is a fairly straightforward product to use.
The hidden fees leave me with a lack or trust and the transparency of the organisation.
Aaditya B 👍
IB has one of the lowest fees and commissions for trading activity when compared to other industry brokers. In addition, the market access and product offerings it provides to investors are unparalleled.
Given the rise in passive investing and investors increasingly being less inclined on the old school managers, it'll serve IB well to cater to the needs of a passive investor by redefining their monthly inactivity fee structure, especially when robo-advisors are on the rise.
Humza S 👍
Low cost trade commissions and no hidden charges; a wealth of the usual markets data is available; account management reporting is useful and provided through a self-service portal, which is neat.
The user interface is very ten years ago; you also have to pay for real-time data, so the markets data is 20 mins old. You also have to hold a large amount of capital in the portfolio to avoid monthly charges (~$20k).
N W 👍
Excellent trading platform with a vast portfolio of products. No matter what your trading style is, you will be happy with this platform.
Depending on where you are from/based, the sign-up process can be quite tedious due to US regulations.
$0.005 per share (min. $1 and max. 0.5% of trade value); volume discount
$10,000; $3,000 for clients 25 or younger
Interactive Brokers is a U.S.-based online brokerage – the largest by number of daily average revenue trades. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, funds and CFDs.
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