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Interactive Brokers

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6.8
(24 Reviews)

Founded: 1993 Min Deposit: 2000 USD

Headquarters: Greenwich, United States of America Max Lev: 1 : 50

Score
Business Scope
9.0
Trading Cost
7.2
Trading Platforms
7.2
Support
7.1
Licence Status

multiple and strict regulation

FCA 208159
NFA 0258600
ASIC 245574
Authorised
Authorised
Authorised
Long-established
Strict Regulation
Leverage Limit
Low Commission
Fast Order Execution
Multilingual Support
Trading Education Program
Multiple Account types
Trading Signals Provided
Negative Balance Protection

Deposit and Withdrawal

7.1

Good

few but secure funding methods

Features

Fast Withdrawal

Company and Service

9.0

Outstanding

good reputation; multilingual support

Features

Long-established
Good Customer Service
Global Offices
Profile
Headquarters Address
One Pickwick Plaza, Greenwich, CT 06830 USA
Founded 1993
Broker Type
NDD
Credit Profile No information
Trading Platforms
Contact
No Data
Others
Website Language
Chinese(Simplified),  Chinese(Traditional),  English,  French,  German,  Italian,  Japanese,  Russian,  Spanish
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
Chinese(Simplified),  Chinese(Traditional),  English,  French,  German,  Hungarian,  Italian,  Japanese,  Russian,  Spanish

Overall Score

6.8
24 Reviews

Cost 7.2

Platforms 7.2

Deposit & Withdrawal 7.1

Customer Support 7.1

Indicates the average level of Brokers

Keywords for selection
Low Swap Fee Non-Responsive Customer Support Powerful Tools

24 Reviews

Md Abul Kasem
0-6 months Individual Account France
Terrible broker, whenever I make money, they kick me out of the platform and can not log in back. However, I never experienced any technical problems when I am losing. At first, I thought it was coincidence and gave them the benefit of the doubt, but it happens all the time. Everytime I complained to the customer service and theyw ere very rude about it. STAY AWAY!
2023-04-12
1
Reply
rinayat
0-6 months Individual Account Germany
Interactive Broker is really a prime broker. It provides amazing service to me. Also its tools and analytics is far beyond than any other borkers. It trading commission is low. I'd love to trade with them.
2023-03-16
1
Reply
Mohammad Burhan
0-6 months Individual Account Russia
I have used the services of Interactive Brokers for stock option trading. Once I bought 10 contracts of call option at cost of 900 USD. As the price went up I had found only 3 contracts and sold these 3 contracts for 3000 USD. 7 contracts in value of 7000 USD were lost.They simply took my money away.I don't know whom I can trust in this industry.Perlit
2022-10-15
1
Reply
AHR
Over 3 years United States of America
Interactive Brokers, while renowned in many circles, can be quite a challenging terrain for those just dipping their toes into the trading world. I ventured into opening an account with them, buoyed by the news that deposit restrictions had been lifted. However, be warned: the easing of restrictions doesn't necessarily translate to reduced minimum deposits. In my journey with them, I often felt that the company was quick to point fingers at clients, insinuating errors or supposed violations on our part. One can't help but notice the broker's evident inclination towards the US and Canadian markets, often sidelining their European clientele. The chatter among the trading community also revealed some pervasive issues. A recurring grievance pertains to the verification process. I can personally attest to the frustrations of being asked to submit documents more than once. While this might seem tedious and redundant, if faced with this situation, it's pragmatic to comply. It's better to jump through a few bureaucratic hoops than to risk your capital. In conclusion, my two cents for budding investors and especially newcomers: Interactive Brokers might not be the most nurturing ground to start your trading journey. It might serve you better to align with a broker that is not only more attuned to your needs but also more congenial in their business interactions.
2024-09-06
Reply
Kala Bumchoo
Over 3 years Thailand
The world of trading is as vast as it is varied, and the conversations surrounding Interactive Brokers exemplify this diversity. With a trading history spanning seven years, I found myself curious to explore this brokerage house, often touted as one of the big players in the game. First and foremost, let's establish the nature of Interactive Brokers. It's a platform primarily tailored for those who harbor a genuine intrigue for diving deep into the nuances of a multitude of assets. If you're searching for a one-size-fits-all approach to contracts and trading, this might not be your haven. However, where it shines is in its sheer expanse of market access - with opportunities spread across over a hundred global markets. For an inquisitive trader like myself, this feature alone holds immense value. One aspect that sets Interactive Brokers apart is the sheer volume of information and resources it offers its clientele. It's a treasure trove for those willing to navigate its depths. For anyone with an account here, I can't stress enough the advantages of leveraging these resources to their fullest potential. However, a word to the wise for those seeking a more streamlined investment journey: there are other brokerage platforms out there that offer PAMM accounts or copy trading services. Such platforms can provide a more simplified and hands-off approach to trading. In summary, my experience with Interactive Brokers has been largely positive, albeit with a steep learning curve. But as with all things in trading, your mileage might vary based on your goals and investment style.
2024-09-02
Reply
chakradev
7-12 months Canada
Terrible broker, whenever I make money, they kick me out of the platform and can not log in back. However, I never experienced any technical problems when I am losing. At first, I thought it was coincidence and gave them the benefit of the doubt, but it happens all the time. Everytime I complained to the customer service and theyw ere very rude about it. STAY AWAY!
2024-08-30
Reply
Vladimir Rojas
1-3 years Burundi
The best experience I have ever had. In my opinion, the bigger company, the more services with fewer commissions you get. The same I would say about IB. The biggest aggregator of all kinds of brokerage services. Everything is great except minimum balance for trading. You have to deposit minimum $5K to start trading. Believe me, you can find something better in terms of one service from another broker, but you won’t find better as a complex of all available services for trading and investment in one place. Interactive broker is for those who want access to most trading instruments and exchanges. I never had something like widen spreads or slippages. API for external platform is working perfectly. I have stable execution whether I use my own platform or trade manually through their platform.
2024-08-28
Reply
Ahmad isa
1-3 years Canada
I have used the services of Interactive Brokers for stock option trading. Once I bought 10 contracts of call option at cost of 900 USD. As the price went up I had found only 3 contracts and sold these 3 contracts for 3000 USD. 7 contracts in value of 7000 USD were lost.They simply took my money away.I don't know whom I can trust in this industry.
2024-08-14
Reply
Mac
Over 3 years Macedonia
I used them for a couple of years, never had any problems. Thumbs up from me.
2024-08-05
Reply
Meldah Dube
0-6 months Australia
They have a demo account. I use it all the time. does all your live account can do. You do need a live account to get a demo account.
2024-07-31
Reply

1-10 of 24 comments

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