Interactive Brokers Review: Pros, Cons, And How It Compares | 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 trading partner that was founded in 1977. They have around 2047 staff that help the company offer Brokerage, Finance, Investment Banking, to 1,000,000+ clients 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 surrounding Interactive Brokers.
If you are a new entrant in the realm of trading online and brokers, so many facts will no doubt be perplexing for you. Getting into the world of trading online demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all the concepts of trading online and brokers while you keep trading. For starters, you need to select the right agent who'll always be transparent with you.
Within this fast-paced world of stock markets and trading, you'll need guidance to make sensible decisions. A professionally lead investment partner could help you in minimising any losses and maximising any profits. Interactive Brokers is just one such stage which will help you. It's important to know about any broker before you trust them with your money.
When engaging in online trading with platforms such as Interactive Brokers, it's crucial to thoroughly evaluate Interactive Brokers as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your Interactive Brokers investments to thrive. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and comprehensive 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 requirements.
Remember, Interactive Brokers should be a supportive ally on your trading journey.
Our team has worked diligently 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 detailed Interactive Brokers review. So, make yourself comfortable, 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 – Brief Overview
| 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 will need to know about trading with Interactive Brokers. A good broker can take your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
Of course, there is no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
Interactive Brokers is a trading partner which has paved its way successfully into the broker world. Within this review, we've attempted to collate some of the vital aspects of Interactive Brokers. This guide will allow you to understand whether Interactive Brokers is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Who are Interactive Brokers?
Interactive Brokers is a forex broker headquartered in United States and provides a variety of instruments for online trading. Since its inception in 1977 they have emerged as a top player in the field of online trading. Interactive Brokers has an extremely reputable and full-featured trading website that is focused on currency, indices, metals, stocks and commodities.
Over the past 49 years, Interactive Brokers has become one of the best online brokers available to the public.
After launching in 1977, their client base has increased to 1,000,000+ clients.
Interactive Brokers is the favourite for many stock dealers . Our Interactive Brokers account review discovered that they are a superb alternative for online trading solutions. They are most appropriate for investors who are looking 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 also a well-regulated agent 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 supply in-house research.
Who Founded Interactive Brokers?
The founders of Interactive Brokers are Thomas Peterffy
The founders of Interactive Brokers are famous for their expertise in the world of online trading. However, there are a lot of other important staff at Interactive Brokers who have a substantial impact on it's success.
The trader resource section at Interactive Brokers is very comprehensive for new traders since it allows them to have a closer look at the financial markets. Interactive Brokers caters to all types of traders and are a must-have broker for any well-diversified method of online trading.
Interactive Brokers Review Videos
Benefits of using Interactive Brokers in 2026
Trading with Interactive Brokers comes with many advantages. These benefits are what sets Interactive Brokers ahead of all other online agents. You should check all the advantages listed so that you have a better comprehension of Interactive Brokers.
The agent goes to great lengths to understand what traders need. Consequently, the support, quick, and convenient. The broker also provides a number of platforms for all types of traders. Interactive Brokers helps to ensure that the individual needs of all traders are met to the best of their ability.
Interactive Brokers also features excellent trading conditions which are available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Interactive Brokers is among the highest caliber, making sure that it is fast, dependable, and efficient.
Interactive Brokers admits the significance of having a quick order execution. A fast execution enables users to exchange without worrying about slippage safely. It is going to also aid the dealers 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 instruments to support all types of traders. These instruments are lively and suitable for both new and seasoned traders. All traders can put 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.
What you ought to know about trading with Interactive Brokers
Interactive Brokers is a lively platform that provides various methods of trading online. These instruments cover the financial markets considerably. Most of the broker platforms provide fewer procedures than Interactive Brokers
If you would like to trade with Interactive Brokers, you will need a minimum deposit of $1. This deposit is required 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 another broker platform. Interactive Brokers is great for traders who want a manageable range of low-cost services. The platforms offered by Interactive Brokers are third-party, white-label offerings. All traders may pick out of Web Trader, NinjaTrader, Tablet & Mobile apps
Along 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 trade has to be kept available. The agents provide premium client service which rewards customers with benefits.
Many unprofessional brokers attempt to pressurise customers into larger financing for superior services. Interactive Brokers, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will become available.
Interactive Brokers accounts are available globally and provides excellent service everywhere 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?
Founded in 1977, Interactive Brokers has been open for 49 years, they have a head office 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 make sure that trading platforms have ploicies in place to keep investor's assets procured. This means that Interactive Brokers users don't need to worry about their money since it is segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of a choice for 2 Factor Authentications (2FA) with Interactive Brokers for increased safety. An SMS with the confirmation code will be sent to your mobile phone. You will be required to enter this code to log into your account.
Another concern with fiscal brokers is in respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. However, this is much more widespread in the example of Market Maker agents 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 company, has a strong collection of rules for ensuring honest trading onto its own platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Interactive Brokers Awards
Interactive Brokers have won a lot of industry awards over the time they have been operating as a financial broker. We list the most recognised awards for Interactive Brokers below.
- 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 brokerage that has been operating for over 49 years. They offer a wide range of options in their client accounts.
In the following table we take the main parts of any great brokerage and compare Interactive Brokers with 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 that you need to begin on Interactive Brokers is $1. This is an adequate amount for people just starting out. It's possible to make more advanced deposits as you cooperate. However, make certain that you understand how to make the most of your money before investing in larger sums.
Commission And Fees Explained
Interactive Brokers is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of fees for this purpose.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can 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 those who are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, Interactive Brokers does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Interactive Brokers are comparatively lower. Consequently, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This Interactive Brokers review breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees Of Interactive Brokers
Interactive Brokers Withdrawal Fees Explained
Interactive Brokers charges a withdrawal fee when you create a bank transfer. Each time you move money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from the Interactive Brokers account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't always need to have any cash in your accounts.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent into the cardInteractive Brokers will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different 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 use your account as needed
Even if no fees are implied by Interactive Brokers, it's best that you close the account if you're inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is subjected to a lot of conditions and needs to be revealed clearly by the agent beforehand.
Interactive Brokers Deposit Fees Explained
When you transfer money into your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers do not charge too much money for this particular operation.
Interactive Brokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Interactive Brokers trading platform is easy. You simply have to finish a single-user profile survey to start depositing money into your trading account. You will need to give an identity evidence and proof 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 a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can 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 forex pairs is of interest to you then Interactive Brokers offer over 54 currency pairs.
Compare Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Trading App Review
Note: Interactive Brokers's mobile app has a lot of functions and is being constantly improved. What follows was accurate 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
While collating this Interactive Brokers broker review we tested the customer service options including response times, and on the Interactive Brokers trading platform problem solution 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 worked flawlessly. We made a request via Interactive Brokers livechat via their website and app and received a response after 10 seconds. There was sometimes no response.
We have tested communication via Interactive Brokers support in multiple languages and in various countries. Interactive Brokers were capable of resolving our customers' issues.
Interactive Brokers Phone Support
We called Interactive Brokers and the call was answered extremely quickly. We were able to have the call answered in less than 5-10 minutes.
The Interactive Brokers phone support team were able to successfully address our questions and concerns via phone. We tried the multi-lingual Interactive Brokers team by calling them in various languages. Interactive Brokers made efforts to ensure our queries were answered.
The overall phone support provided by Interactive Brokers was okay.
Interactive Brokers Email Support
We have sent numerous messages to Interactive Brokers and the response times were all acceptable. The fastest email response time from Interactive Brokers was 4 hours, while the slowest response was 12 days! There were times when there wasn't a response. Response times to support may differ for you at Interactive Brokers, but this was our experience sending out 10 emails at different times.
The team solved and responded to our queries. The overall average of email support provided by Interactive Brokers was acceptable.
Alternatives To Interactive Brokers
If, after reading this Interactive Brokers review, they don't quite fulfill your needs check out these Interactive Brokers alternatives.
We've scoured the internet 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?
Yes, you can most certainly try Interactive Brokers before you buy. Interactive Brokers offers demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register to get a demonstration account with Interactive Brokers, you will set out using a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you before you choose to invest your own money.
With this digital Interactive Brokersdemo account, you can experiment at all, to whatever length you desire. You might even open positions, examine different trading strategies, and more.
Interactive Brokers specifies on its official site that you can trade real time stocks with your demo account.
Is Interactive Brokers safe?
It is possible to drop all of your worries because we believe that Interactive Brokers is perfectly safe to use. It is in compliance with the rules 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 provide 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 various payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal isn't available in every country. The currencies 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, though it takes about 4-7 days.
Is my money safe with Interactive Brokers?
Yes, your money is safe and secure with Interactive Brokers. As you know, Interactive Brokers operates with proper conformation to regulations. It has established plenty of steps to protect all of its investors.
Interactive Brokers safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, you can empower Two-Step Verification as well. It takes an SMS affirmation that you access your accounts.
Is Interactive Brokers trading good?
Yes, trading through Interactive Brokers is a nice and good experience indeed. It's an excellent and intuitive platform with useful features for your ease. In addition, you could also gain access to a vast collection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can 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 does not 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 a great broker, and its own users can vouch for this. The highlight of the platform is its quick order execution on trades.
You'll discover the clean layout of this 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 indisputably one of the business leaders. It has over 1,000,000+ registered customers and over 49 years of experience on its record. They are among the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this standing to its incredible platform and broad range of tools plus resources so that you can put money into 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?
Through Interactive Brokers, many traders earn a great deal of money. But, just like all online trading platforms, 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 can look to be a little number, but over the year, it adds to a significant number of gains. Even though Interactive Brokers supply you all the tools to make money, they cannot guarantee you will gain.
Does Interactive Brokers have fees?
Yes. To start trading using Interactive Brokers, you need to deposit $1. Certain commissions while trading additionally 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 worldwide recognised broker with 1,000,000+ customers.
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 suggests that you contact client services. With this, you can fix any imbalances in your account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, regrettably, does not provide guaranteed stop loss. Interactive Brokers provides an opportunity to its dealers 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 throughout 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. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions. 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.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. 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 test your trading strategies before risking any real money. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
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