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Forex

Retail Broker

Interactive Brokers

About Company

Overview

Information

Review

Summarization

Unproved

Unproved

Interactive Brokers

United States

1977 (48 Years)

131 Reviews

Good

3.62/5

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Security Information

5.00

Verification on TrustFinance

0.00

Traffic & Engagement

4.33

Social look up

5.00

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Security Information

ASIC

Regulated

Licenses No: AFS 453554

JFSA

Regulated

Licenses No: Kanto Local Finance Bureau(FIBO) No.187

SFC

Regulated

Licenses No: ADI249

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

ASIC

Regulated

Licenses No: AFS 453554

JFSA

Regulated

Licenses No: Kanto Local Finance Bureau(FIBO) No.187

SFC

Regulated

Licenses No: ADI249

What are the differences in regulations for each ?

Interactive Brokers - Pros and Cons

Pros

Wide variety of trading platforms
A range of trading tools available
Multiple account types to choose from
Copy Trade system available
Regulated by leading financial authorities
Established and experienced in the industry

Cons

Does not support MT4/MT5 trading platforms
No deposit bonuses offered
Customer support is available only 5 days a week
High starting spreads
Commissions are charged
Website information is overwhelming and hard to understand
Complex and time-consuming registration process
Deposits and withdrawals take a long time

Pros

Wide variety of trading platforms
A range of trading tools available
Multiple account types to choose from
Copy Trade system available
Regulated by leading financial authorities
Established and experienced in the industry

Cons

Does not support MT4/MT5 trading platforms
No deposit bonuses offered
Customer support is available only 5 days a week
High starting spreads
Commissions are charged
Website information is overwhelming and hard to understand
Complex and time-consuming registration process
Deposits and withdrawals take a long time

News

TrustFinance Intelligence Agency

Research date: Thg 05 28, 2025

The article discusses the best international trading platforms for May 2025, highlighting Interactive Brokers as the best overall choice due to its extensive market access and tools. Fidelity is recommended for beginners, while Charles Schwab excels in customer service. Moomoo is noted for its access to the Chinese stock market. Each platform is evaluated based on account minimums, fees, and features, providing insights for investors looking to trade internationally.

The article discusses the best international trading platforms for May 2025, highlighting Interactive Brokers as the best overall choice due to its extensive market access and tools. Fidelity is recommended for beginners, while Charles Schwab excels in customer service. Moomoo is noted for its access to the Chinese stock market. Each platform is evaluated based on account minimums, fees, and features, providing insights for investors looking to trade internationally.

The website provides a comprehensive overview of the best online stock brokers for 2025, highlighting their features, fees, and suitability for different types of investors. It categorizes brokers based on various factors such as cost, usability, investment access, and customer service. The content emphasizes the importance of choosing the right broker for trading stocks, ETFs, and other investment types, and offers insights into platforms like SoFi, Fidelity, Charles Schwab, Robinhood, and Interactive Brokers, among others. Each broker is assessed for its strengths, making it easier for users to find one that fits their investment strategy and requirements.

The website provides a comprehensive overview of the best online stock brokers for 2025, highlighting their features, fees, and suitability for different types of investors. It categorizes brokers based on various factors such as cost, usability, investment access, and customer service. The content emphasizes the importance of choosing the right broker for trading stocks, ETFs, and other investment types, and offers insights into platforms like SoFi, Fidelity, Charles Schwab, Robinhood, and Interactive Brokers, among others. Each broker is assessed for its strengths, making it easier for users to find one that fits their investment strategy and requirements.

NerdWallet provides extensive resources for personal finance, including credit cards, banking, mortgages, loans, insurance, investing, and small business management. It offers comparisons, recommendations, calculators, and educational content to help users make informed financial decisions. The site features various categories such as best credit cards, mortgage rates, personal loans, and investment accounts, along with tools for budgeting and managing debt.

NerdWallet provides extensive resources for personal finance, including credit cards, banking, mortgages, loans, insurance, investing, and small business management. It offers comparisons, recommendations, calculators, and educational content to help users make informed financial decisions. The site features various categories such as best credit cards, mortgage rates, personal loans, and investment accounts, along with tools for budgeting and managing debt.

The Kiplinger website provides extensive information on retirement, investing, taxes, personal finance, and life topics. It features comparisons of online brokers and trading platforms, highlighting their investment offerings, tools, customer service, and fees. The site emphasizes the importance of selecting a brokerage that aligns with individual investment goals and needs. Fidelity is noted as the top overall broker, with strong advisory services and investment options. The article discusses various categories such as the best investment opportunities, mobile apps, tools, advisory services, research, customer service, and fees, offering insights into the competitive landscape of online investing.

The Kiplinger website provides extensive information on retirement, investing, taxes, personal finance, and life topics. It features comparisons of online brokers and trading platforms, highlighting their investment offerings, tools, customer service, and fees. The site emphasizes the importance of selecting a brokerage that aligns with individual investment goals and needs. Fidelity is noted as the top overall broker, with strong advisory services and investment options. The article discusses various categories such as the best investment opportunities, mobile apps, tools, advisory services, research, customer service, and fees, offering insights into the competitive landscape of online investing.

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Reviews

Highlight Review

Review Analytic

Levi Jonathan

Direct review

Excellent

Overall Thought

I'm pleased to share my positive experience with Interactive Brokers. Their platform offers a seamless and user-friendly trading experience. The range of investment options and research tools available is impressive, allowing me to make well-informed decisions. The competitive fees and efficient customer support further enhance the overall satisfaction. I highly recommend Interactive Brokers to both new and experienced traders.

Thg 08 29, 2023

Manada Bakori

Direct review

Excellent

Overall Thought

Interactive Brokers is an exceptional brokerage that has set a high standard in the world of online trading and investing. With its comprehensive features, advanced trading tools, and commitment to low-cost trading, Interactive Brokers stands out as a top choice for both novice and experienced traders.

Thg 08 29, 2023

Maryam Garba

Direct review

Excellent

Overall Thought

Interactive Brokers has been a cornerstone of my trading journey. From my experience, their platform offers a powerful and comprehensive trading toolkit. The wide range of investment options, advanced trading tools, and global market access have been invaluable for informed decision-making. Interactive Brokers' commitment to low fees and efficient order execution has positively impacted my trading outcomes. The platform's educational resources and customer support further enhance the trading experience. Whether you're a beginner or an advanced trader, Interactive Brokers' feature-rich platform stands out as a top choice for serious investors.

Thg 08 29, 2023

Social look up

Poor

Total 1 Cases

Reference of img

Thg 02 15,202408:02

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Interactive Brokers Review: Is Interactive Brokers any good?

Broker overview and general information

Interactive Brokers, or IBKR, is a brokerage founded in 1977 by Thomas Peterffy, formerly known as Timber Hill LLC, initially as a market maker and in 2001 changing its name to Interactive Brokers Group LLC. The company has grown rapidly and is a leader in online securities trading and clearing services.

The broker plays a major role in the global financial markets, currently offering its services in over 150 markets worldwide, covering a wide range of assets including stocks, options, futures, forex, gold, and cryptocurrencies. The company has a registered capital of over 16.1 billion USD (as of 2024) and processes over 2.6 million trades per day. It has also been ranked among the lowest-cost online brokers by Barron’s for several consecutive years.

Licensing and Regulation

If you ask,Interactive BrokersIs it good? You probably have to start by considering the registration and license first.Brokers are regulated by major authorities in the United States, such as: US Securities and Exchange Commission (SEC)and Commodity Futures Trading Commission (CFTC)And is also a member of NYSE(New York Stock Exchange), FINRA(Financial Industry Regulatory Authority), และ SIPC(Securities Investor Protection Corporation) which ensures high security and operational standards. The company provides clients with protection through membership of SIPC, which provides coverage of up to $500,000 per account, with cash coverage of up to $250,000.

In addition, there are overseas branches regulated by authorities in each country, such as the Financial Conduct Authority (FCA) in the UK, the Central Bank of Ireland (CBI) in Ireland, the Australian Securities and Investments Commission (ASIC) in Australia, and the Securities and Financial Regulatory Commission in Hong Kong, Japan, India and Canada, etc.

 ⚠️WARNING: For each license granted by the authority, the enforcement is different and will be governed only under the website as follows.

FCA license number 208159 regulates the activities taking place under www.interactivebrokers.co.uk.
ASIC, License No. 453554, regulates the activities occurring under www.interactivebrokers.com.au.
SFC License No. ADI249 regulates the activities taking place under www.interactivebrokers.com.hk.
JFSA License No.187 supervises the activities taking place under www.interactivebrokers.co.jp.
MAS License No. CMS100917 regulates the activities taking place under www.interactivebrokers.com.sg.
CBI, license number 657406, regulates the activities taking place under www.interactivebrokers.ie.
CIRO regulates the activities occurring under www.interactivebrokers.ca.
SEBI regulates the activities taking place under www.interactivebrokers.co.in.

Therefore, this factor should be considered again before investing.

Products and services from brokers

Trading products

The broker offers a wide range of trading assets including stocks, ETFs, futures, options, bonds, forex, crypto assets and metals covering investment in various markets around the world with the flexibility to manage investments across multiple asset classes.

Trading Platform

Trader Workstation (TWS): A core platform focused on experienced traders, with advanced trading features, access to global market data and comprehensive technical analysis tools.
IBKR Desktop: A new version of the platform that combines popular tools from TWS for comprehensive trading needs.
IBKR Mobile: An application for mobile users who want advanced features and comprehensive trading tools.
IBKR GlobalTrader: Suitable for beginners and intermediate traders, supporting low initial investment and share trading.
Client Portal: An easy-to-use web-based platform ideal for portfolio management and account viewing for all skill levels.
IBKR APIs: Supports API usage for traders who want automation and connection to the platform via code.
IMPACT: A platform for investors focusing on ethical and sustainable investing.

Interactive Brokers Review: Account Types

The broker offers 12 account types to choose from, depending on the type of client group, as follows:

Individual, Joint, Trust, IRA and UGMA/UTMA Accounts
Non-Professional Advisor Accounts
Family Office Accounts
Small Business Accounts
Advisor Accounts
Money Manager Accounts
Broker & FCM Accounts
Proprietary Trading Group Accounts
Hedge & Mutual Fund Accounts
Compliance Officers
Administrators
Institutional Hedge Fund Investors

Office location and contact channels

Head office location

One Pickwick Plaza, Greenwich, CT 06830 USA

Contact channels

Various social media

Broker Overview Summary

Interactive Brokers is a safe broker with a wide range of account types, but only one account type that is suitable for retail traders. It may not be suitable for beginners because of the complicated and easily misleading registration process. It is more suitable for experienced and skilled traders because the desktop trading platform is quite difficult to control and use. In addition, the broker does not offer any bonuses or promotions for both new and existing clients.

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