Options involve risk and are not suitable for all investors. For more information read the Characteristics and Risks of Standardized Options, also known as the options disclosure document . Alternatively, please contact IB Customer Service to receive a copy of the ODD. Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page. Trading on margin is only for experienced investors with high risk tolerance. For additional information about rates on margin loans, please see Margin Loan Rates.

Fully Disclosed Brokers can create multiple tier accounts by adding Registered Advisor, Family Advisor , Proprietary Trading Group Separate Trading Limit and Multiple Hedge Fund master accounts to their broker account structure. Global Access Invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

IBKR offers the lowest commissions and access to stocks, options, futures, currencies, bonds and funds from a single unified platform. If an exchange provides a rebate, we pass some or all of the savings directly back to you. Other research providers available to all clients include Zacks Investment Research, Morningstar Equity Ownership, Market Realist, 24/7 Wall Street and TheStreet. More than 100 additional providers are also available by subscription.

Trading Platforms by Trading Experience

But both IBKR Lite and IBKR Pro traders seeking something more powerful can now enjoy access to interactive brokers’ Desktop Trader Workstation, which is considered one of the best trading platforms available for advanced traders. The broker also offers tiered pricing to lower rates even more. Investors who trade up to 300,000 shares a month can pay $0.0035 per share; tiered rates based on trading volume go as low as $0.0005 per share for clients who trade more than 100 million shares a month. Exchange and regulatory fees are extra on this plan. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor.

Real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis and https://forex-review.net/ more. Graphic is for illustrative purposes only and should not be relied upon for investment decisions.

IBKR EventTrader lets investors use event contracts to trade their opinion on yes-or-no questions in key markets. Award winning platforms for every investor from beginner to advanced on mobile, web and desktop. Low commissions with no added spreads, ticket charges, platform fees, or account minimums. Quickly see your new messages, notifications, and FYIs, or contact client services with the notification center. Easily place orders, manage open orders, and view recent trades from any page in the Client Portal with the slide-out trade ticket.

Supported Investment Products

NerdWallet’s ratings are determined by our editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Easily trade global stocks, options, ETFs, mutual funds and crypto from your iOS or Android device . Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility. Manage taxes and corporate actions, learn about T+1 settlement and trade allocations, and read about additional tools and services available to clients.

In March of 2022, Interactive Brokers introduced an additional app, IBKR GlobalTrader. It’s aimed at global investors and lets investors trade stocks on more than 80 exchanges in North America, Asia and Europe. IBKR GlobalTrader is also available for both Android and iOS users. Unfortunately, it has received mixed reviews from both groups.

Trading Technology to Help Introducing Brokers Succeed

This influences which products we write about and where and how the product appears on a page. Here is a list of our partners and here’s how we make money. From our easy-to-use Excel API to our industrial strength FIX API, we offer something for every experience level. Our TWS API is well-supported with numerous examples to help you get started. From our easy-to-use Excel API to our industrial strength FIX API, we offer APIs for every experience level.

If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Interactive Brokers has always been a great choice for active traders, especially those who can move into the broker’s cheaper volume-pricing setup. With the availability of free trades through IBKR Lite, even casual traders might find Interactive Brokers a strong contender. But beginner investors might prefer a broker that offers a bit more hand-holding. For investors looking to trade with a conscience, Interactive Brokers offers an Impact Dashboard, free to all users on Trader Workstation, the Client Portal or mobile apps. The dashboard allows investors to select their personal investment criteria from 13 principles .

• Low commissions with no added spreads, ticket charges, platform fees, or account minimums.
• See your rate of return, portfolio positions, recent transactions, notifications and messages, portfolio and top news, available cash, and more.
• Quickly see your new messages, notifications, and FYIs, or contact client services with the notification center.
• The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities.
• Full white branding and custom website creation services.

Zacks Trade charges higher trade commissions, but offers clients free calls with support reps who are licensed brokers. It’s an option worth considering for traders who want the power of Interactive Brokers’ trading platforms alongside a bit more personal support. Invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform. Fund your account in multiple currencies and trade assets denominated in multiple currencies. Access market data 24 hours a day and six days a week. Interactive Brokers For You notifications offer customized alerts about events that could affect a trader’s investments.

Interactive Brokers: Rated Lowest Margin Fees1 by StockBrokers.com

All fees, commission and interest owed to the broker are first sent to the broker’s Master account and then swept nightly to the Proprietary Account for Broker-Dealers. Find third-party, institutional-caliber research providers and access research directly through Trader Workstation . Apply client fee schedules to individual accounts or store them in templates. Low commissions starting at $02 with no added spreads, ticket charges, platform fees, or account minimums.

While many brokerages are only open to U.S. investors, Interactive Brokers is available to investors in more than 200 countries and territories. IBKR Lite and IBKR Pro customers get access to Client Portal trading platform and powerful Trader Workstation platform at no charge. Over 4,000 U.S. no-transaction-fee mutual funds and over 14,000 offshore no-transaction-fee mutual funds.

In November of 2021, Interactive Brokers launched its IMPACT app, a values-focused trading application offering a mobile version of the Impact Dashboard described above. It has been rated positively by both Android and iOS users. The retirement-investor set will be happy with the broker’s impressive list of no-transaction-fee mutual funds — over 18,000 in all, above and beyond the vast majority of the broker’s competitors. If you’re a casual investor, it’s hard to beat the free trades you’ll enjoy with IBKR Lite. But even advanced traders who opt for IBKR Pro will like the low stock and ETF commission structure at Interactive Brokers, which favors frequent, high-volume traders at just $0.005 per share.

Fully Disclosed Brokers provide their clients with customer service and marketing. Broker clients can electronically trade or the broker may input trades for the client. The Investors’ Marketplace lets individual traders and investors, institutions and third-party service providers meet and do business together.

Easily trade and monitor your IBKR account from your iOS or Android device . IBKR GlobalAnalyst is designed for investors who are interested in international portfolio diversification. It helps you find new opportunities to diversify your portfolio and discover undervalued companies that may have greater growth potential.

Interactive Brokers has long been a popular broker for advanced traders, but in 2019, the company launched a second tier of service — IBKR Lite — for more casual investors. With IBKR Lite, you get unlimited free trades of stocks and exchange-traded funds that are listed on U.S. exchanges. The investing information provided on this page is for educational purposes only.

Spot market opportunities, analyze results, manage your account and make informed decisions with our free advanced trading tools. Understand risk vs. returns with real-time market risk management and monitoring that provides a comprehensive measure of risk exposure across multiple asset classes around the world. We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The final output produces star ratings from poor to excellent .

Full white branding and custom website creation services. Available currencies vary by Interactive Brokers affiliate. Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).