Interactive Brokers

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.

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.

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!

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.

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.

I used them for a couple of years, never had any problems. Thumbs up from me.

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.

Interactive Brokers, heralded by many as a promising investment gateway, caught my attention with its plethora of tools and features. When I first dived in, I was required to part with a sizeable minimum deposit of around $2,000. Naturally, with such an investment, I came in with high expectations: anticipating impeccable service, a flawless trading terminal, and terms fit for a king. However, my experience was a cocktail of satisfaction and disappointments. For instance, certain stocks seemed inaccessible, the account structures were somewhat puzzling, and what truly baffled me was the absence of PAMM accounts. For a company pitching itself primarily for investments, this felt like a glaring omission. Yet, it wasn't all stormy seas. There were moments of calm too. The investment portfolio, for instance, proved to be a silver lining. Over a span of a couple of years, it allowed me to amass a decent return. While I did face a protracted withdrawal process that took months, the endgame was positive: I received my earnings. Having since transitioned to another broker, my take on Interactive Brokers is that while it's okay for a platform to lack certain tools, it should never compromise on delivering stellar service and conducive trading conditions. A platform is only as good as the experience it provides, after all.

I used interactive brokers for 2 1/2 years. I love this company when I traded stocks, now moving to the currency side. Instantaneous executions....never any problems...I will be using them again.