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 reputable 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 information about Interactive Brokers.
If you are a new entrant in the world of online trading and brokerages, so many nuances will no doubt be confusing for you. Getting into the world of trading online requires expert assessing skills and comprehensive knowledge. You will get adept at all of the concepts of trading online and brokerages while you continue trading. For starters, you have to select the right online broker who'll always be transparent with you.
Within the fast-paced universe of financial markets and trading, you will need advice to make correct decisions. A professional, direct investment plan could help you in minimising any potential losses and maximising any profits. Interactive Brokers is one such stage that will help you. It's crucial that you learn all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as Interactive Brokers, it's crucial to meticulously examine 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 flourish. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and rigorous in your Interactive Brokers broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility 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 reliable companion on your trading journey.
Our team has devoted their efforts 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 comprehensive Interactive Brokers review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Interactive Brokers and how it can benefit you, or if Interactive Brokers might not be the right fit for you.
Interactive Brokers Review 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 full Interactive Brokers review for beginners covers everything you need to know about trading via Interactive Brokers. A good broker can take your initial investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investment goals.
Of course, there's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you choose them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
Interactive Brokers is a trading partner that has forged its way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of Interactive Brokers. This guide will allow you to understand whether Interactive Brokers is a good match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.
Who are Interactive Brokers?
Interactive Brokers is a foreign exchange broker headquartered in United States and provides a variety of tools for online trading. Since its establishment in 1977 they have emerged as a top player in the industry of online trading. Interactive Brokers has an extremely aggressive and full-featured trading website that is focused on currency, indices, metals, stocks , commodities.
Over the past 49 years, Interactive Brokers has grown into one of the top online brokers available to the public.
After launching in 1977, their customer base has increased to 1,000,000+ clients.
Interactive Brokers is the favourite for many stock dealers . Our Interactive Brokers account review found that they are a professional platform for online trading solutions. 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 in 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 variety of tools 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 famous for their experience in the sphere of internet trading. However, there are a lot of other key people in Interactive Brokers who have a substantial contribution to it's success.
The educational department at Interactive Brokers is very insightful for new traders since it permits them to get a closer look in the financial markets. Interactive Brokers caters to all types of traders and are a must-have broker for any well-diversified method of trading.
Interactive Brokers Review Videos
Benefits of using Interactive Brokers in 2026
Trading with Interactive Brokers includes numerous advantages. These benefits are what sets Interactive Brokers apart from the rest of the online agents. You should check all the benefits listed so that you have a better understanding of Interactive Brokers.
The broker goes to great lengths to comprehend what traders need. As a result, the support, fast, and convenient. The agent 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 capabilities.
Interactive Brokers also includes excellent trading conditions that are readily available to all and not just an elite group of institutional clients. The tight spreads and fast executions are a great benefit for all traders. The technology adopted by Interactive Brokers is among the maximum caliber, making sure that it is fast, reliable, and efficient.
Interactive Brokers admits the importance of having a fast order execution. A quick implementation enables users to trade without worrying about slippage safely. It is going to also help 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. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
Interactive Brokers has over 100 trading tools to support all types of traders. These tools are dynamic and convenient for both the new and seasoned traders. All dealers 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.
Everything you ought to know about trading using Interactive Brokers
Interactive Brokers is a dynamic platform that provides various techniques of trading online. These instruments cover the financial markets considerably. Most of the broker platforms offer fewer procedures than Interactive Brokers
If you wish to exchange with Interactive Brokers, you'll require a minimum deposit of $1. This deposit is mandatory if you want to start trading with Interactive Brokers. This 2026 Interactive Brokers review will direct you safely about trading with them.
Interactive Brokers is as versatile as another broker platform. Interactive Brokers is great for traders that want a manageable variety of low-cost services. The programs provided by Interactive Brokers are third-party, white-label offerings. All traders can pick out of Web Trader, NinjaTrader, Tablet & Mobile apps
Together with everything, Interactive Brokers has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction has to be kept open. The brokers offer premium customer service which rewards customers with advantages.
Many unethical brokers try to pressurise customers into bigger funding for superior services. Interactive Brokers, however, is more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater benefits will come along.
Interactive Brokers accounts are available globally and provides quality service everywhere they have clients. There are some 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 figures have rules that make sure that trading platforms have measures in place to keep investor's resources procured. This usually means that Interactive Brokers users do not need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information also.
You can make use of a choice for 2 Factor Authentications (2FA) with Interactive Brokers for heightened safety. An SMS for the verification code will be sent to your phone. You will be required to input this code to log into your accounts.
Another concern with fiscal brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is much more prevalent in the case of Market Maker agents who compete with customers 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 a few 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 powerful set of rules for ensuring fair trading onto its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer data is never to be shared with some other institutions or individuals. This includes credit history and other financial details.
Interactive Brokers Awards
Interactive Brokers have won a lot of industry awards over the time they have been running as a financial broker. We show 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 trustworthy broker that has been open 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 online trading platform 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 a decent amount for those just beginning. It's possible to make more advanced residue as you cooperate. But, make certain that you know how to make the most of your cash before investing in larger sums.
Commission And Fees Explained
Interactive Brokers is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily influenced by the amount of customers they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for things like depositing cash, not trading for lengthy periods, or withdrawals.
In general, Interactive Brokers does not charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, for example daily or weekly trading.
However, non-trading fees billed by Interactive Brokers are relatively lower. As a result, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
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 if you make a bank transfer. Every time you move money into your bank account, these withdrawal fees become applicable.
Withdrawal of cash is possible at any time from the Interactive Brokers account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always have to have any cash in your accounts.
Moreover, the withdrawn money will be moved directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash will be sent to 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 the event you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are opting to draw in.
Interactive Brokers Inactivity Fees Explained
Interactive Brokers doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges are indicated by Interactive Brokers, it is better for you to close the account if you are inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to many circumstances and should be disclosed clearly by the broker 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 agents don't charge an excessive amount of 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 easy. You just need to complete a single-user profile survey to begin depositing money into your trading account. You will need to provide 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 many different trading instruments due to regulatory restrictions in a few 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 developed. The table below was correct at the time of compiling 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
For this Interactive Brokers broker review we tested the customer service options including response times, and on the Interactive Brokers trading platform issue resolution effectiveness. Interactive Brokers support various languages including English, and Chinese
Interactive Brokers Live Chat Support
We tried the livechat experience with Interactive Brokers and it worked flawlessly. We have sent messages to Interactive Brokers livechat via their app and web site and recieved a response in less than 20 seconds. There was sometimes no response.
We tested communicating with Interactive Brokers support in multiple languages and in various countries. Interactive Brokers were successful in resolving customers' problems.
Interactive Brokers Phone Support
We called Interactive Brokers and the call was responded to very quickly. We were able to have the call answered in less than five to ten minutes.
The Interactive Brokers phone support team was able to successfuly answer our queries and problems on the phone. We tried the multilingual Interactive Brokers team by calling in varying languages. Interactive Brokers made an effort to ensure our queries were answered.
Overall, the phone support from Interactive Brokers was satisfactory.
Interactive Brokers Email Support
We sent several email to Interactive Brokers and responses were generally outstanding. The fastest email response from Interactive Brokers was 4 hours and the longest response time was 3 days! Sometimes there was no response. Support response times may vary for you with Interactive Brokers, but this was our experience sending 10 emails at varying times.
The team resolved and answered our questions. Average email support from Interactive Brokers was very good.
Alternatives To Interactive Brokers
If, after reading this Interactive Brokers review, they don't quite meet your requirements check out these Interactive Brokers alternatives.
We have scoured the web to find the best alternatives to Interactive Brokers. Click the hyperlinks below to find out more.
Frequently Asked Questions
Can I try Interactive Brokers before I buy?
Yes, you can most definitely try Interactive Brokers before you buy. Interactive Brokers provides demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up for a demo account on Interactive Brokers, you may set out using a decent amount of virtual currency. It's to establish a feeling of security and confidence in you before you decide to spend your own money.
With a digital Interactive Brokersdemo account, you are able to experiment at all, to whatever period you wish. You can also start positions, test different trading approaches, and much more.
Interactive Brokers shows on its official site how you can trade real time stocks in a demo account.
Is Interactive Brokers safe?
You can drop all your worries since we believe that Interactive Brokers is totally 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 a number of methods to finance your accounts with Interactive Brokers. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in every country. The monies Interactive Brokers accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even 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 works with good conformation to regulations. It's established lots of measures to guard all of its investors.
Interactive Brokers protects its customers' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your account, you can enable Two-Step Verification also. It requires an SMS affirmation that you access your account.
Is Interactive Brokers trading good?
Yes, trading via Interactive Brokers is a nice and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you could also obtain access to a huge collection of educational tools and assistive material to kickstart your trading expertise.
If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Interactive Brokers support?
Interactive Brokers operates across the world. However, due to regulations Interactive Brokers cannot 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 it. The highlight of the platform is its fast order execution on trades.
You will find the clean layout of the platform along with the commendable features that 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 among the business leaders. It supports over 1,000,000+ registered customers and over 49 years of experience on its record. They are one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this standing to its incredible platform and broad range of tools plus resources so you may 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, many traders earn a great deal of money. However, 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 like a little number, but within the entire year, it quickly adds to a significant amount of gains. Even though Interactive Brokers supply you all the tools to earn money, they can't guarantee that you will profit.
Does Interactive Brokers have fees?
Yes. To begin trading with Interactive Brokers, you need to deposit $1. Particular commissions while trading also apply. Any processing fees from your bank will need 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 agent 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 doesn't provide negative balance protection. If your balance is unfavorable, Interactive Brokers indicates you contact customer services. For this, you are able to correct any imbalances in your own account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, unfortunately, does not provide guaranteed stop loss. Interactive Brokers gives an opportunity for its dealers to close their trades in their given price. Apart from that, Interactive Brokers does not offer guaranteed stop loss.
Does Interactive Brokers allow scalping?
Yes, Interactive Brokers does allow scalping. Many 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 is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. 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. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
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.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast 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 capital. Newbie traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the features before getting a live account.
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