Interactive Brokers Review: Pros & Cons | for 2026
This Interactive Brokers review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Interactive Brokers to give you the most comprehensive guide available.
Interactive Brokers is a world class broker that was founded in 1977. They have around 2047 employees that help the company offer Brokerage, Finance, Investment Banking, to 1,000,000+ customers through Web Trader, NinjaTrader, Tablet & Mobile apps.
Interactive Brokers Guide – Read our In-Depth Interactive Brokers Review
Interactive Brokers Rating: 7.78 / 10
This Interactive Brokers review page contains information about investing with Interactive Brokers. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Interactive Brokers does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Interactive Brokers review contains the most recent info about Interactive Brokers.
If you are a new entrant in the realm of trading online and brokerages, so many details will no doubt be confusing for you. Getting into the world of online trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all of the concepts of trading online and brokerages while you keep trading. For starters, you have to select the ideal broker who'll constantly be transparent with you.
Within the fast-paced universe of financial markets and trading, you'll need guidance to make educated decisions. A professionally lead investment online broker could aid you in minimising any potential losses and maximising any returns. Interactive Brokers is just one such broker that can help you. It is crucial to understand all you can about any broker until you trust them with your cash.
When engaging in online trading with platforms such as Interactive Brokers, it's crucial to carefully assess Interactive Brokers as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your Interactive Brokers investments to prosper. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and rigorous in your Interactive Brokers broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Interactive Brokers, its track record, and reputation is vital. Moreover, ensure the Interactive Brokers broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, Interactive Brokers should be a trusted partner on your trading journey.
Our team has strived to simplify the intricate world of trading with Interactive Brokers into easily understandable information in this Interactive Brokers review. Our goal is to equip you with the knowledge necessary to confidently use Interactive Brokers trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Interactive Brokers are the cornerstone of successful trading. As such, we've provided this in-depth Interactive Brokers review. So, settle in, grab a cup of coffee, and immerse yourself in learning about Interactive Brokers and how it can work to your advantage, or if Interactive Brokers might not be the right fit for you.
Interactive Brokers Guide for 2026 – Quick Summary
| Interactive Brokers Telephone: | +1 203 618 5800 |
| Interactive Brokers Support Email: | support@interactivebrokers.com |
| Interactive Brokers Address: | One Pickwick Plz, Greenwich, Connecticut 06830, US |
| Year Founded: | 1977 |
| Regulated By: | the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). |
| Hedquarters: | United States |
| Minimum Deposit: | $1 |
| Number Of Clients: | 1,000,000+ Interactive Brokers users and traders |
| Interactive Brokers TrustPilot: | https://uk.trustpilot.com/review/interactivebrokers.com |
| Interactive Brokers LinkedIn: | https://www.linkedin.com/company/interactive-brokers/ |
| Interactive Brokers Facebook: | https://www.facebook.com/InteractiveBrokers/ |
| Interactive Brokers Facebook Likes: | 156,364 |
| Interactive Brokers Twitter: | @IBKR |
| Interactive Brokers Twitter Followers: | 245,500 |
| Interactive Brokers Instagram: | https://www.instagram.com/interactivebrokers |
| Interactive Brokers Instagram Followers: | 9,869 |
| Interactive Brokers Youtube: | https://www.youtube.com/interactivebrokers |
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The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. |
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Our entire Interactive Brokers review for beginners covers all you need to know about trading with Interactive Brokers. A good broker can use your first investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you should trade with a broker service that aligns with your investment objectives.
Of course, there is no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
Interactive Brokers is a trading partner which has paved its way successfully into the broker world. In this review, we've attempted to collate a number of the important facets of Interactive Brokers. This guide can help you to understand whether Interactive Brokers is a good match for your own investments or not. We've tried to breakdown all the features and fees for your advantage.
Who are Interactive Brokers?
Interactive Brokers is a online trading broker with its head office in United States and provides a variety of instruments for online trading. Since its establishment in 1977 they have emerged as a top-tier player in the industry of online trading. Interactive Brokers has an extremely competitive and full-featured trading website that's focused on currency, indices, metals, stocks and commodities.
Over the past 49 years, Interactive Brokers has grown into one of the leading online brokers available to the public.
After being founded in 1977, their customer base has become as large as 1,000,000+ clients.
Interactive Brokers is the favourite for many online traders . Our Interactive Brokers account review discovered that they are a professional choice for online trading options. They're most appropriate for investors who are searching for an assortment of assets. Social and easy to use trading solutions are the heart at Interactive Brokers.
Technology plays a substantial role at Interactive Brokers. They features trading on Web Trader, NinjaTrader, Tablet & Mobile apps. Interactive Brokers is fair, transparent, and a well-regulated broker by the the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
Who Founded Interactive Brokers?
The founders of Interactive Brokers are Thomas Peterffy
The creators of Interactive Brokers are known for their experience in the world of online trading. However, there are a lot of other important employees at Interactive Brokers who have a significant impact on it's success.
The educational section at Interactive Brokers is very enlightening for new dealers since it allows them to have a closer look at the financial markets. Interactive Brokers caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to trading.
Interactive Brokers Review Videos
Benefits of using Interactive Brokers in 2026
Trading with Interactive Brokers includes many advantages. These advantages are what sets Interactive Brokers ahead of the rest of the online agents. You should check all the advantages listed so you have a better understanding of Interactive Brokers.
The agent goes to great lengths to understand what traders need. Consequently, the service, fast, and convenient. The agent also gives a variety of programs for all kinds of traders. Interactive Brokers helps to ensure that the individual needs of all traders are met to the best of their capabilities.
Interactive Brokers also includes excellent trading conditions which are available to all and not only an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology adopted by Interactive Brokers is among the maximum caliber, ensuring that it's fast, dependable, and efficient.
Interactive Brokers admits the importance of owning a fast order execution. A fast implementation will allow users to trade without worrying about slippage safely. It is going to also help the traders to catch any opportunities.
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Interactive Brokers offers social trading which encompasses leading traders sharing their knowledge with the community. Interactive Brokers's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading.
Interactive Brokers has over 100 trading tools to support all types of traders. These instruments are dynamic and suitable for both new and experienced traders. All dealers can set aside all their worries when trading with Interactive Brokers.
Interactive Brokers Overview
Year Founded: 1977
Regulated By: the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).
Hedquarters: United States
Minimum Deposit: $1
Number Of Clients: 1,000,000+
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors.
If you feel that Interactive Brokers is not right for you then at the bottom of this Interactive Brokers review you will find a lot of alternatives to Interactive Brokers.
Everything you ought to know about trading using Interactive Brokers
Interactive Brokers is a dynamic platform that offers various procedures of trading. These instruments cover the monetary markets substantially. Most of the broker platforms provide less approaches than Interactive Brokers
If you wish to trade with Interactive Brokers, you'll need a minimum deposit of $1. This deposit is mandatory if you would like to start trading using Interactive Brokers. This 2026 Interactive Brokers review will direct you easily about trading with them.
Interactive Brokers is as flexible as any other brokerage platform. Interactive Brokers is ideal for traders who want a manageable assortment of low-cost services. The programs provided by Interactive Brokers are third-party, white-label offerings. All traders can pick from Web Trader, NinjaTrader, Tablet & Mobile apps
Together with everything, Interactive Brokers has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction has to be kept open. The brokers offer premium client service that rewards clients with advantages.
Many less reputable brokers attempt to pressurise users into bigger funding for superior services. Interactive Brokers, though, is much more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more benefits will come along.
Interactive Brokers accounts are available around the world and provides excellent service wherever they have customers. There are only a select few countries where Interactive Brokers accounts are not available. Traders in the following countries cannot open or use a Interactive Brokers account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Interactive Brokers Safe To Trade With In 2026?
Established in 1977, Interactive Brokers has been in operation for 49 years, they are headquarted in United States
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. These bodies have rules that ensure that trading platforms have measures in place to maintain investor's assets secured. This usually means that Interactive Brokers users do not need to be worried about their money since it's segregated and safely kept in established banks. SSL encryption secures every user's personal information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with Interactive Brokers for heightened safety. An SMS for the confirmation code will be sent to your phone. You will be required to enter this code to log in to your accounts.
Another concern with online brokers with regards to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with users on the platform.
Interactive Brokers Risk Disclaimer
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors.
Pro's & Con's Of Trading With Interactive Brokers
Every online trading platform has some ups and downs, and no Interactive Brokers review would be complete without showing both sides. This Interactive Brokers review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Interactive Brokers Pro's
Interactive Brokers is highly rated by us.
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers has been trading for 49 years.
Interactive Brokers offers customer support over the phone.
Interactive Brokers provides customer support over email.
Interactive Brokers gives access to customer support over livechat.
Interactive Brokers is an award winning broker.
Interactive Brokers has a low minimum deposit requirement.
Interactive Brokers doesn't charge inactivity fees.
Interactive Brokers has over 100 employees.
Interactive Brokers offers social trading.
Interactive Brokers allows scalping.
Interactive Brokers allows hedging.
Interactive Brokers allows commodity trading.
You can trade metals with Interactive Brokers.
You can trade energies with Interactive Brokers.
Interactive Brokers Con's
Interactive Brokers doesn't offer guaranteed stop loss. Interactive Brokers doesn't offer negative balance protection. Interactive Brokers charges withdrawal fees. You can't trade Cryptocurrencies with Interactive Brokers. Interactive Brokers doesn't offer copy trading.Compare Brokers Similar To Interactive Brokers
Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers, as a business, has a powerful set of rules for ensuring fair trading on its platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Interactive Brokers Awards
Interactive Brokers have won several industry awards over the time they have been operating as an online trading platform. We detail the most recognised awards for Interactive Brokers here.
- In 2019 Interactive Brokers was awarded Best Online Broker.
- In 2019 Interactive Brokers was awarded Top low cost-broker.
- In 2020 Interactive Brokers was awarded Best Broker for Low-Cost Investing.
- In 2021 Interactive Brokers was awarded Best Broker for Day Trading.
- In 2021 Interactive Brokers was awarded Best Online Broker for Bonds.
Interactive Brokers Trading Platforms
Interactive Brokers are a professional broker that has been operating for over 49 years. They offer a wide range of options in their user accounts.
In the following table we take the main parts of any reputable online broker and compare Interactive Brokers against Startrader, and freetrade.
Interactive Brokers MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Interactive Brokers in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Interactive Brokers MetaTrader 4 is compatible with the latest macOS. Interactive Brokers allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Interactive Brokers
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Interactive Brokers MetaTrader 4 On iOS Devices
You can download the Interactive Brokers app or also trade with Interactive Brokers through the MetaTrader 4 application on the Apple app store.
Download the Interactive Brokers MetaTrader 4 Program free of charge from Apple's App Store. Interactive Brokers customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Interactive Brokers MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Interactive Brokers provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 1,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Interactive Brokers MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to begin on Interactive Brokers is $1. This is an adequate amount for people just beginning. You can make more complex residue as you cooperate. But, make certain you understand how to make the most of your money before investing in larger amounts.
Commission And Fees Explained
Interactive Brokers is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, funding speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, Interactive Brokers does not charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees charged by Interactive Brokers are relatively lower. Consequently, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This Interactive Brokers review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of Interactive Brokers
Interactive Brokers Withdrawal Fees Explained
Interactive Brokers charges a withdrawal fee if you make a bank transfer. Each time you transfer money into your bank account, these withdrawal fees become applicable.
Withdrawal of money is possible at any moment from the Interactive Brokers account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the margin used. 1 thing to remember is that you don't always need to have any money in your account.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent into the cardInteractive Brokers will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're opting to draw in.
Interactive Brokers Inactivity Fees Explained
Interactive Brokers doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are indicated by Interactive Brokers, it's best for you to close the account if you're inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is exposed to a lot of circumstances and should be disclosed clearly by the agent beforehand.
Interactive Brokers Deposit Fees Explained
When you move money in your trading account by the bank account, a deposit fee can be billed by the broker. Most brokers don't charge too much money for this operation.
Interactive Brokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash onto the Interactive Brokers trading platform is simple. You simply need to finish a single-user profile survey to begin depositing money into your trading account. You will need to give an identity evidence and evidence of residency to deposit substantial amounts.
Compare Interactive Brokers Vs Other Broker Deposit Methods
What Can You Trade With Interactive Brokers in 2026?
Note: Interactive Brokers offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different based on the country of residence of the client.
Interactive Brokers has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then Interactive Brokers offer over 54 forex pairs.
Compare Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Trading App Review
Note: Interactive Brokers's mobile app has many functions and is being constantly improved. The below information was correct at the time of writing this Interactive Brokers broker review.
Understand the capabilities of the mobile apps of Interactive Brokers, Startrader & freetrade below.
Trading Education Available At Interactive Brokers
Understand the trading resources available with Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Customer Support
In our Interactive Brokers broker review we tested the options for customer service, response times and on the Interactive Brokers trading platform problems resolution effectiveness. Interactive Brokers provides support in a wide range of languages including English, and Chinese
Interactive Brokers Live Chat Support
We tried the livechat experience with Interactive Brokers and it works well. We made a request to Interactive Brokers livechat via their website and app and got a reply within 20 seconds. On Occasion there was no response.
We tested communicating via Interactive Brokers support in multiple languages and in various countries. Interactive Brokers were capable of resolving our customer problems.
Interactive Brokers Phone Support
We phoned Interactive Brokers and the call was responded to very quickly. It was responded to in less than 5-10 minutes.
The Interactive Brokers phone support team was able to effectively address our queries and problems on the phone. We tried the multi-lingual Interactive Brokers team by making calls in various languages. Interactive Brokers made an effort to ensure all of our questions were answered.
The overall support via phone from Interactive Brokers was okay.
Interactive Brokers Email Support
We have sent numerous messages to Interactive Brokers and responses were generally outstanding. The fastest email response from Interactive Brokers was 3 hours, while the most slow response was 8 days! Sometimes there wasn't a response. Response times to support may differ for you with Interactive Brokers, but this was our experience sending out 10 emails at different times.
The team solved and responded to our questions. Overall average email support from Interactive Brokers was excellent.
Alternatives To Interactive Brokers
If, after studying this Interactive Brokers review, they don't quite fulfill your requirements check out these Interactive Brokers alternatives.
We have scoured the web to find the best alternatives to Interactive Brokers. Click the links below to learn more.
Frequently Asked Questions
Can I try Interactive Brokers before I buy?
Absolutely! you can most definitely try Interactive Brokers before you buy. Interactive Brokers provides demo accounts for the ease of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demonstration account on Interactive Brokers, you will set out with a decent amount of virtual money. It's to establish a feeling of security and confidence in you until you decide to invest your own money.
With a digital Interactive Brokersdemo account, you are able to experiment in any way, to whatever length you desire. You might even open positions, test different trading strategies, and more.
Interactive Brokers specifies on its official site how you are able to trade real time stocks in a demo account.
Is Interactive Brokers safe?
It is possible to drop all of your worries since we believe that Interactive Brokers is perfectly safe to use. It is in compliance with the principles of the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Even so, Interactive Brokers does not have assured stop-loss protection.
Why does Interactive Brokers ask for my passport?
The reason that Interactive Brokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Interactive Brokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Interactive Brokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Interactive Brokers?
The process to start trading with Interactive Brokers is super simple. You need to begin by signing up on the Interactive Brokers website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Interactive Brokers are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Interactive Brokers is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Interactive Brokers.
The best way to kickstart your trading career with Interactive Brokers is to open a demo account facility before risking any real money
What funding methods do Interactive Brokers accept?
There are multiple ways to finance your account with Interactive Brokers. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to keep in mind that PayPal isn't available in all place. The monies Interactive Brokers accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even though it takes approximately 4-7 days.
Is my money safe with Interactive Brokers?
Yes, your money is safe and protected with Interactive Brokers. As you know, Interactive Brokers works with good conformation to regulations. It has established plenty of measures to guard all its own investors.
Interactive Brokers protects its clients' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to empower Two-Step Verification also. It requires an SMS confirmation that you access your account.
Is Interactive Brokers trading good?
Yes, trading through Interactive Brokers is a pleasant and good experience indeed. It's a great and intuitive platform with useful features for your simplicity. Moreover, you can also gain access to a huge selection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, it is possible to start a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do Interactive Brokers support?
Interactive Brokers operates across the globe. However, due to regulations Interactive Brokers doesn't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Interactive Brokers legit?
Interactive Brokers is a legit company headquarted in United States since 1977. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Interactive Brokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Interactive Brokers a good broker?
Interactive Brokers is an excellent broker, and its own users may vouch for it. The highlight of the platform is its quick order execution on trades.
You will find the clean layout of the platform and the commendable features are pleasant to work with.
Is Interactive Brokers a trustworthy broker?
Yes, Interactive Brokers is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 1,000,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the Interactive Brokers TrustPilot page
What is the minimum deposit for Interactive Brokers?
The minimum deposit to open a live account with Interactive Brokers is $1
How long do Interactive Brokers withdrawals take?
Normally, withdrawal of money from Interactive Brokers is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Interactive Brokers to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Interactive Brokers regulated?
Interactive Brokers are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).
Is Interactive Brokers a market leading broker?
Interactive Brokers is currently one of the business leaders. It supports over 1,000,000+ registered customers and over 49 years of expertise on its record. They are one of the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and broad range of resources plus tools so that you can invest in capital markets.
Is Interactive Brokers a con?
No, Interactive Brokers is not a con. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). and must adhere to their rules. Thus, it is safe to say that Interactive Brokers is not a scam.
Can you make money with Interactive Brokers?
Using Interactive Brokers, several traders earn a great deal of cash. However, just like all online brokers, it is important to note that traders can also lose money. In particular, The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors.
This may seem like a small number, but over the entire year, it adds to a significant amount of gains. Even though Interactive Brokers supply you all of the tools to make money, they cannot guarantee you will profit.
Does Interactive Brokers have fees?
Yes. To begin trading with Interactive Brokers, you need to deposit $1. Certain commissions while trading also apply. Any processing fees from your bank might have to be incurred by you.
When was Interactive Brokers founded?
Interactive Brokers was founded in 1977 in United States. Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
How many people use Interactive Brokers?
Interactive Brokers is a globally recognised broker with 1,000,000+ clients.
Where is the Interactive Brokers head office?
Interactive Brokers has its head office in United States
Does Interactive Brokers offer negative balance protection?
No. Interactive Brokers does not offer negative balance protection. If your balance is unfavorable, Interactive Brokers indicates you promptly contact customer services. With this, you can fix any imbalances within your account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, regrettably, does not provide guaranteed stop loss. Interactive Brokers gives a chance to its traders to close their trades in their given price. Apart from this, Interactive Brokers doesn't provide guaranteed stop loss.
Does Interactive Brokers allow scalping?
Yes, Interactive Brokers does allow scalping. Several traders across the world select Interactive Brokers for their scalping services. They offer trading on Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Does Interactive Brokers allow hedging?
Yes, Interactive Brokers does allow hedging.
Can you trade energies with Interactive Brokers?
Yes, you can trade energy stocks with Interactive Brokers
Can you trade agricultural shares with Interactive Brokers?
Yes, you can trade agricultural stocks with Interactive Brokers
Can you trade cryptocurrency with Interactive Brokers?
No, unfortunately you cannot trade cryptocurrency with Interactive Brokers
Can you trade metals with Interactive Brokers?
Yes, you can trade metals with Interactive Brokers
Can you trade UK Shares with Interactive Brokers?
Yes, you can trade UK shares with Interactive Brokers
Can you trade US Shares with Interactive Brokers?
Yes, you can trade US shares with Interactive Brokers
Can you trade Japanese Shares with Interactive Brokers?
Yes, you can trade Japanese shares with Interactive Brokers
Can you trade German Shares with Interactive Brokers?
Yes, you can trade German shares with Interactive Brokers
Does Interactive Brokers accept bank transfers?
Yes, Interactive Brokers accepts bank transfers for depositing money.
Does Interactive Brokers accept credit cards?
Yes, Interactive Brokers accepts credit cards for depositing money.
Does Interactive Brokers accept PayPal?
No, Interactive Brokers does not accept PayPal.
Does Interactive Brokers accept Skrill?
No, Interactive Brokers does not accept Skrill.
Does Interactive Brokers accept Payoneer?
Yes, Interactive Brokers accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does Interactive Brokers accept Neteller?
No, Interactive Brokers does not accept Neteller.
Does Interactive Brokers offer Live Chat customer support?
Yes, Interactive Brokers offers customer support through live chat.
Does Interactive Brokers offer phone customer support?
Yes, Interactive Brokers offers customer support over the telephone.
Does Interactive Brokers offer email customer support?
Yes, Interactive Brokers offers customer support through email.
What languages can Interactive Brokers communicate in?
Interactive Brokers has the ability to communicate and support customers who speak: English, and Chinese
Does Interactive Brokers have a wikipedia page?
Yes, Interactive Brokers does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/Interactive_Brokers
Does Interactive Brokers offer demo accounts?
Yes, Interactive Brokers offers demo accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.
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