IBKR also offers features and pricing that few others can match. To score Customer Service, StockBrokers.com partners with customer experience research firm Confero to conduct phone tests from locations throughout the United States. If you’re looking for flexible cash management features or traditional banking options, this is not the broker you’d want to pick.
Do professionals use Interactive Brokers?
IBKR is the Professional's Gateway to the World's Markets. Clients from over 200 countries and territories invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform.
Education
The market data on this page is currently delayed. Compete on price, speed, size, diversity of global products and advanced trading tools. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios.
In addition, the company provides custody, prime brokerage, securities, and margin lending services.
- You can download and use any of the three, but which you’ll use the most will depend on your specific focus while trading.
- Forecast Contracts have recently been added to the mix, offering a new way to trade on market-impacting questions like “Will inflation rise above 4%?
- This screenshot highlights the desktop experience, where investors can track real-time quotes, market data, and customizable columns across multiple asset classes.
- From tax optimization and portfolio risk analysis to its in-depth learning resources and mobile trading tools, Interactive Brokers is built for those who treat trading like both an art and a science.
- Both plans are competitive, but they cater to different types of traders based on their needs.
Interactive Brokers Star Ratings
Is Interactive Brokers a Chinese company?
Interactive Brokers, Inc.
(abbreviated as IB or IBKR) is an American multinational brokerage firm headquartered in Greenwich, Connecticut. It operates the largest electronic trading platform in the United States by number of daily average revenue trades.
IBKR also offers a variety of cryptocurrency futures and ETF products through regulated exchanges like CME and Bakkt if derivatives are more your style. IBKR Lite is the zero-commission tier for retail brokers at Interactive Brokers. Other brokers might come across as friendlier, but IBKR delivers on substance if you can overcome the learning curve. The broker’s investor education covers a broad range of topics and lets you test your newly acquired knowledge through quizzes.
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Our research team meticulously collected data on every feature of importance to a wide range of customer profiles, including beginners, casual investors, passive investors, and active traders. Jessica focuses on investor education and brokerage industry research, appears regularly on CNBC, Bloomberg, The Schwab Network, Fox Business, and Yahoo! Finance, and hosts the Market MakeHer podcast. From their industry-leading margin rates to their robust trading platform, IBKR has something for every serious investor. When researching markets, investors often lean toward either fundamental or technical analysis, but I’ve found that a healthy balance between the two yields the best results.
If you’re an advanced trader looking for a platform that truly speaks your language, this is your space. The IBKR platform screams "professional trader" in every way. Want to optimize your taxes or measure your portfolio’s Sharpe ratio, standard deviation, alpha, beta, or even correlation? Select to analyze similar companies using key performance metrics; select up to 4 stocks. It serves institutional and individual customers through electronic exchanges and market centers.
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That said, the impact is minimal — just a few pennies per $1,000 traded — so retail investors shouldn’t lose sleep over it. With growing adoption by other brokerages, liquidity is improving which is an essential ingredient for what makes a market. While it might sound like an added benefit for domestic night owls, it’s actually a significant advantage for global traders. Check out StockBrokers.com's picks for the best stock brokers in 2025.
Imagine pulling in insights on your five best and worst-performing holdings, market news, and macroeconomic trends almost instantaneously instead of an hour of research. IBKR’s Tax Optimizer is designed for the tax-sensitive investor. For multi-leg options strategies, the strategy builder paired with advanced order types, including algorithmic orders, made execution effortless. The platform supports up to eight charts at once, all of which can be edited on the fly. Interactive Brokers’ MultiSort Screener takes stock screening to the next level by letting users assign custom weightings to each selection criteria.
Company Insights: IBKR
Stocks, funds, fixed income, forex, options, futures and so much more are all here, supported by comprehensive tools that elevate portfolio management to an institutional grade. From my perspective, these tools have enormous potential when used thoughtfully, much like options trading. Then there are prediction markets, the newest product emerging in the self-directed investing space. For the global investor, even cryptocurrency trading is available, with some of the lowest costs in the industry.
- IBKR Pro doesn’t accept PFOF, ensuring quality executions which is a major win for serious traders and relatively unique in the industry (Fidelity is the only other major broker not accepting PFOF).
- With growing adoption by other brokerages, liquidity is improving which is an essential ingredient for what makes a market.
- It also offers custody and service accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.
- It’s the most extensive lineup we’ve seen, and Interactive Brokers consistently stays ahead by rolling out innovative features that redefine self-directed investing.
- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
- The self-directed industry is evolving rapidly, and Interactive Brokers is leading the way.
Interactive Brokers’ Traders’ Insight delivers expert market commentary from lead strategists, covering global markets, asset classes, and economic trends. I did appreciate the Trader’s Insights section, which adds community-driven integration to the research experience, and I loved the new feature allowing me to save research for later reading. For everyday investors, the Fundamentals Explorer within the Client Portal is a fantastic resource, while professionals will feel right at home with Trader Workstation (TWS) or IBKR Desktop. It’s a game-changer for U.S.-based advisors, creating detailed portfolio performance reports and market commentary in seconds. The Rebalance and Tax Loss Harvesting tools simplify complex portfolio adjustments with just a few clicks. The Advisor Portal combines powerful portfolio management tools with client account features, making it a superb feature for professionals.
Interactive Brokers sets the standard for investment offerings, leading the industry with access to more than 150 markets in over 200 countries. Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on StockBrokers.com. We evaluate features important to every kind of investor, including beginners, casual investors, passive investors, and active traders. For advanced traders who, like me, crave institutional-grade tools and data, Interactive Brokers feels like stepping into a professional’s playground.
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Jessica focuses on investor education and brokerage industry research. Jessica Inskip is Director of Investor Research at StockBrokers.com, bringing 15 years of experience in brokerage and trading strategy. This price reflects trading activity during the overnight session on the Blue Ocean ATS, available 8 PM to 4 AM ET, Sunday through Thursday, when regular markets are closed. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.
While StockBrokers.com has all data verified by industry participants, it can vary from time to time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. At StockBrokers.com, our reviewers use a variety of computing devices to evaluate platforms and tools. Blain Reinkensmeyer, co-founder of StockBrokers.com, has been investing and trading for over 25 years.
For others, the fee is either 1.5% of the trade value or $14.95, whichever is less — still better than most brokers. This is much less than the rates charged by other prominent brokers like Fidelity or Charles Schwab. High-volume traders can drive costs down to a low $0.0005 per share.
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MultiSort redefines that approach with both a qualitative and quantitative lens. Plus, the Impact dashboard assigns your portfolio an A-F grade based on your chosen values. Even better, the "swap" feature lets you adjust your portfolio in one click to align with your values. You choose what matters most to you, such as clean energy or opposition to animal testing, and the app curates companies that align with those priorities. You can even set up recurring investments directly in the app.
After having placed over 2,000 trades in his late teens and early 20s, he became one of the first in digital media to review online brokerages. For example, it allows fractional stock trades in an easy-to-use and intuitive layout. You can download and use any of the three, but which you'll use the most will depend on your specific focus while trading. Most individuals will likely be better off choosing IBKR Lite, but https://forex-review.net/interactive-brokers/ it’s easy to switch between them as your needs evolve. IBKR Pro is for larger trades and higher volume traders and also charges lower margin rates.
