Interactive Brokers
World's largest online broker with access to 150 markets and low-cost trading.
Min Deposit
$0
Spreads From
0.08 pips
Max Leverage
1:50
Start Trading with Interactive Brokers
Join thousands of traders who trust Interactive Brokers
⚠️ Risk Warning: Trading involves risk of loss. Your capital is at risk.
Rating Breakdown
Overall Rating
Broker Information
- Year Founded
- 1978
- Headquarters
- Greenwich, Connecticut, USA
- Official Website
- Visit Interactive Brokers→
- Regulation
- SEC, FINRA, FCA, CBI, SFC, ASIC, BaFin
Pros & Cons
Pros
- Access to 150 markets in 33 countries
- Extremely low trading costs and tight spreads
- Publicly traded company (NASDAQ: IBKR)
- Institutional-grade trading technology
- No minimum deposit (though $0 commission requires $100k+)
- Multiple advanced platforms (TWS, Mobile, Web)
- SmartRouting for best execution
- Comprehensive research and analysis tools
- API access for algorithmic trading
- Multi-currency account support
Cons
- Complex platform with steep learning curve
- Interface not beginner-friendly
- Inactivity fee for accounts under $100k (waived over $100k)
- Limited educational resources for beginners
- Customer support can be slow
- No social or copy trading
- Minimum $2,000 for margin accounts
- Platform designed for active traders
About Interactive Brokers
Features & Offerings
Demo Account
Paper trading demo available
TWS Platform
Trader Workstation (TWS)
MetaTrader 4
Not supported - uses proprietary TWS platform
MetaTrader 5
Not supported - uses proprietary TWS platform
Mobile Trading
IBKR Mobile app
Web Trading
Client Portal web platform
Trader Workstation (TWS)
Industry-leading professional platform
IBKR Mobile
Full-featured mobile app for iOS and Android
Automated Trading (EA)
Full algorithmic trading support
API Access
Multiple APIs (Python, Java, C++)
WebTrader
Client Portal for browser-based trading
API Trading
Comprehensive API for algorithmic trading
SmartRouting
SmartRouting for best execution
Global Markets
Access to 150 markets in 33 countries
Copy Trading
Not available
Stock Trading
Stocks, ETFs, mutual funds
Social Trading
Not available
Automated Trading
Supports Expert Advisors and algo trading
Options Trading
Advanced options trading
Stocks
Access to stocks in 150+ markets worldwide
Forex
100+ currency pairs with low spreads
Options
Extensive options trading on multiple exchanges
Futures
Futures and futures options globally
Commodities
Commodity futures and options
Bonds
Government and corporate bonds
Mutual Funds
27,000+ no-load mutual funds
ETFs
Commission-free ETF trading program
Cryptocurrencies
Crypto futures and Bitcoin futures
Indices
CFDs on global indices
Direct Market Access
Smart routing to best execution venues
Real-time Market Data
Professional-grade market data subscriptions
Advanced Charting
Professional charting tools in TWS
Technical Analysis
100+ technical indicators
Risk Management Tools
Portfolio risk analytics and monitoring
Margin Trading
Industry-low margin rates starting at 2.83%
Multi-Currency Account
Trade in 27 currencies from one account
Tax Reporting
Comprehensive tax reports and 1099 forms
IBKR Lite
Commission-free trading for US stocks/ETFs
IBKR Pro
Low-cost tiered pricing for active traders
Visit Interactive Brokers
Start trading today
⚠️ Your capital is at risk
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Disclaimer: Trading forex and CFDs involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
Quick Facts
- Founded
- 1978
- Headquarters
- Greenwich, Connecticut, USA
- Min Deposit
- $0
- Max Leverage
- 1:50
- Spreads From
- 0.08 pips
Regulation
Ready to Start?
Open an account with Interactive Brokers today
⚠️ Your capital is at risk
Start Trading with Interactive Brokers
Join thousands of traders who trust Interactive Brokers
⚠️ Risk Warning: Trading involves risk of loss. Your capital is at risk.