Interactive Brokers Review: | 2025 Update
This Interactive Brokers review has been updated for 2025 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 professional 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+ 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 surrounding Interactive Brokers.
If you're new to the world of trading online and brokers, so many facts will no doubt be perplexing for you. Getting into the area of online trading demands expert assessing skills and thorough understanding. You'll acquire adept at all the concepts of trading online and brokerages while you continue trading. For starters, you need to select the ideal agent who'll consistently be clear with you.
In this fast-paced universe of stock markets and trading, you'll need guidance to make sensible decisions. A professional, direct investment program could help you in minimising any losses and maximising any returns. Interactive Brokers is just one such platform which will help you. It's important that you understand about any broker before you trust them with your cash.
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 determine 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 prudent and comprehensive 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 preferences.
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 in-depth 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 2025 – Brief Summary
| Interactive Brokers Telephone: | +1 203 618 5800 |
| Interactive Brokers Support Email: | support@interactivebrokers.com |
| Interactive Brokers Address: | One Pickwick Plz, Greenwich, Connecticut 06830, US |
| Year Founded: | 1977 |
| Regulated By: | the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). |
| Hedquarters: | United States |
| Minimum Deposit: | $1 |
| Number Of Clients: | 1,000,000+ Interactive Brokers users and traders |
| Interactive Brokers TrustPilot: | https://uk.trustpilot.com/review/interactivebrokers.com |
| Interactive Brokers LinkedIn: | https://www.linkedin.com/company/interactive-brokers/ |
| Interactive Brokers Facebook: | https://www.facebook.com/InteractiveBrokers/ |
| Interactive Brokers Facebook Likes: | 156,364 |
| Interactive Brokers Twitter: | @IBKR |
| Interactive Brokers Twitter Followers: | 245,500 |
| Interactive Brokers Instagram: | https://www.instagram.com/interactivebrokers |
| Interactive Brokers Instagram Followers: | 9,869 |
| Interactive Brokers Youtube: | https://www.youtube.com/interactivebrokers |
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The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. |
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Our entire Interactive Brokers review for beginners covers all you will need to know about trading via Interactive Brokers. A good agent can take your first investments and help to protect it from losses but also give you a platform that can help to give you profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.
Of course, there is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
Interactive Brokers is a trading partner that has paved its way successfully into the broker world. In this review, we have tried to collate some of the important facets of Interactive Brokers. This guide can help you to understand whether Interactive Brokers is a good match for your investments or not. We have attempted to breakdown all the qualities and fees for your advantage.
Who are Interactive Brokers?
Interactive Brokers is a forex broker with its headquarters in United States and provides a variety of tools for trading. Since its beginning in 1977 they have emerged as a leading player in the industry of online trading. Interactive Brokers includes an extremely reputable and full-featured trading site that's focused on currency, indices, metals, stocks , commodities.
Over the past 48 years, Interactive Brokers has become one of the best online brokers available to the public.
After establishing itself in 1977, their consumer base has increased to 1,000,000+ clients.
Interactive Brokers is a favourite of many stock dealers . Our Interactive Brokers account review discovered that they are a professional platform for online trading solutions. They are most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading solutions are the core at Interactive Brokers.
Technology plays a substantial role at Interactive Brokers. They features trading on Web Trader, NinjaTrader, Tablet & Mobile apps. Interactive Brokers is honest, 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 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 world of internet trading. However, there are a lot of other key men and women in Interactive Brokers who have a significant impact on it's success.
The educational department at Interactive Brokers is quite insightful for new traders as it permits them to have a closer look in the financial markets. Interactive Brokers caters to all types of traders and are a must-have broker for almost any well-diversified approach to trading.
Interactive Brokers Review Videos
Benefits of using Interactive Brokers in 2025
Trading with Interactive Brokers includes numerous benefits. These advantages are what sets Interactive Brokers apart from the rest of the online brokers. You need to check all of the benefits listed so that you have a better understanding of Interactive Brokers.
The agent goes to great lengths to comprehend what traders want. As a result, the service, quick, and convenient. The broker also gives a variety of programs 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 includes excellent trading conditions that are readily available to all and not only an elite class of institutional customers. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by Interactive Brokers is among the maximum caliber, making sure that it is fast, reliable, and efficient.
Interactive Brokers acknowledges the significance of having a fast order execution. A fast implementation enables users to exchange without fretting about slippage safely. It is going to also help the dealers to grab 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. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
Interactive Brokers has over 100 trading tools to support all kinds of traders. These tools are lively and convenient for both new and seasoned traders. All traders can set aside all their concerns 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 dynamic platform that offers various techniques of trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms offer fewer approaches than Interactive Brokers
If you want to trade with Interactive Brokers, you'll require a minimum deposit of $1. This deposit is mandatory if you would like to begin trading using Interactive Brokers. This 2025 Interactive Brokers review will direct you easily about trading with them.
Interactive Brokers is as versatile as another brokerage platform. Interactive Brokers is ideal for traders that want a manageable selection of cheap services. The platforms offered by Interactive Brokers are third party, white-label offerings. All traders can select from 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 on which a transaction must be kept open. The agents offer premium client service which rewards clients with benefits.
Many unethical brokers try to pressurise users into larger financing for superior services. Interactive Brokers, however, is much 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 become available.
Interactive Brokers accounts are available globally and provides quality 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 2025?
Founded in 1977, Interactive Brokers has been open for 48 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 mandate that trading platforms have ploicies in place to maintain investor's resources procured. This means that Interactive Brokers users do not need to worry about their money as it is segregated and safely stored in banks that are established. SSL encryption secures every user's personal information also.
You are able to make use of an option for Two Factor Authentications (2FA) with Interactive Brokers for increased security. An SMS for the verification code will be sent to a phone. You will be asked to input this code to log in to your accounts.
Another concern with online brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is more widespread in the case of Market Maker agents who compete with users on the stage.
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 pros and cons 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 48 years.
Interactive Brokers offers customer support over the phone.
Interactive Brokers provides customer support over email.
Interactive Brokers gives access to customer support over livechat.
Interactive Brokers is an award winning broker.
Interactive Brokers has a low minimum deposit requirement.
Interactive Brokers doesn't charge inactivity fees.
Interactive Brokers has over 100 employees.
Interactive Brokers offers social trading.
Interactive Brokers allows scalping.
Interactive Brokers allows hedging.
Interactive Brokers allows commodity trading.
You can trade metals with Interactive Brokers.
You can trade energies with Interactive Brokers.
Interactive Brokers Con's
Interactive Brokers doesn't offer guaranteed stop loss. Interactive Brokers doesn't offer negative balance protection. Interactive Brokers charges withdrawal fees. You can't trade Cryptocurrencies with Interactive Brokers. Interactive Brokers doesn't offer copy trading.Compare Brokers Similar To Interactive Brokers
Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers, as a business, has a strong collection of rules for ensuring honest trading on its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Interactive Brokers Awards
Interactive Brokers have won a lot of industry awards over the time they have been running as an online broker. We detail the most notable awards for Interactive Brokers here.
- In 2019 Interactive Brokers was awarded Best Online Broker.
- In 2019 Interactive Brokers was awarded Top low cost-broker.
- In 2020 Interactive Brokers was awarded Best Broker for Low-Cost Investing.
- In 2021 Interactive Brokers was awarded Best Broker for Day Trading.
- In 2021 Interactive Brokers was awarded Best Online Broker for Bonds.
Interactive Brokers Trading Platforms
Interactive Brokers are a trustworthy brokerage that has been operating for over 48 years. They offer a wide range of options in their client accounts.
Below we take the main parts of any good online broker and compare Interactive Brokers against Startrader, and freetrade.
Interactive Brokers MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Interactive Brokers in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Interactive Brokers MetaTrader 4 is compatible with the latest macOS. Interactive Brokers allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Interactive Brokers
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Interactive Brokers MetaTrader 4 On iOS Devices
You can download the Interactive Brokers app or also trade with Interactive Brokers through the MetaTrader 4 application on the Apple app store.
Download the Interactive Brokers MetaTrader 4 Program free of charge from Apple's App Store. Interactive Brokers customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Interactive Brokers MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Interactive Brokers provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 1,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Interactive Brokers MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to get started on Interactive Brokers is $1. This is an adequate amount for those just starting out. You can create more complex residue as you go along. However, ensure that you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
Interactive Brokers is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this objective.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, Interactive Brokers does not charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Interactive Brokers are comparatively greater. As a result, you are charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not about the sale and purchase of assets.
This Interactive Brokers review breaks down each of the applicable 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 create a bank transfer. Each time you move money back into your bank account, these withdrawal charges 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. One thing to remember is that you don't necessarily need to have any money on your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money will be sent to 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 case you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are opting to withdraw in.
Interactive Brokers Inactivity Fees Explained
Interactive Brokers doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges have been indicated by Interactive Brokers, it is better that you close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you've chosen. The inactivity fee is subjected to a lot of circumstances and should be revealed clearly by the broker beforehand.
Interactive Brokers Deposit Fees Explained
When you transfer money in your trading account from the bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this operation.
Interactive Brokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the Interactive Brokers trading platform is simple. You just need to finish a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity proof and evidence of residency to deposit substantial sums.
Compare Interactive Brokers Vs Other Broker Deposit Methods
What Can You Trade With Interactive Brokers in 2025?
Note: Interactive Brokers provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered will differ depending 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 forex 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. The table below was accurate 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
As part of this Interactive Brokers broker review we examined the options for customer service as well as response times. on the Interactive Brokers trading platform problems solving effectiveness. Interactive Brokers support various languages, including English, and Chinese
Interactive Brokers Live Chat Support
We tested the live chat on Interactive Brokers and it worked flawlessly. We have sent messages to Interactive Brokers livechat via their website and app and received a response after 10 seconds. On Occasion there was no response.
We tried communicating via Interactive Brokers support in multiple languages across multiple countries. Interactive Brokers were able to resolve our customers' problems.
Interactive Brokers Phone Support
We made a call to Interactive Brokers and the call was responded to very promptly. The call was answered within less than five to ten minutes.
The Interactive Brokers phone support team were able to successfuly answer our queries and problems on the phone. We tested the multi-lingual Interactive Brokers team by making calls in various languages. Interactive Brokers made efforts to ensure that our questions were addressed.
The overall support via phone from Interactive Brokers was good.
Interactive Brokers Email Support
We have sent numerous emails to Interactive Brokers and the response times were all satisfactory. The fastest email response from Interactive Brokers was 3 hours, while the most slow response was 8 days! Sometimes , there were no responses. Support response times may vary for you at Interactive Brokers, but this was our experience sending 10 emails at varying times.
The team was able to resolve and answer our queries. Average email support from Interactive Brokers was excellent.
Alternatives To Interactive Brokers
If, after reading this Interactive Brokers review, they don't fulfill your needs check out these Interactive Brokers alternatives.
We have scoured the internet to find the best alternatives to Interactive Brokers. Click the hyperlinks below to learn more.
Frequently Asked Questions
Can I try Interactive Brokers before I buy?
Absolutely! you can most definitely try Interactive Brokers before you buy. Interactive Brokers offers demo accounts for the convenience of new 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 on 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 until you decide to spend your own money.
With this digital Interactive Brokersdemo account, you are able to experiment in any way, to whatever length you wish. You might also open positions, test different trading strategies, and more.
Interactive Brokers shows on its official website how you can trade real time stocks in a demo account.
Is Interactive Brokers safe?
You can drop all your worries because we believe that Interactive Brokers is completely safe to use. It is in compliance with all the principles of the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Even so, Interactive Brokers doesn't have assured stop-loss protection.
Why does Interactive Brokers ask for my passport?
The reason that Interactive Brokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Interactive Brokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Interactive Brokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Interactive Brokers?
The process to start trading with Interactive Brokers is super simple. You need to begin by signing up on the Interactive Brokers website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Interactive Brokers are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Interactive Brokers is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Interactive Brokers.
The best way to kickstart your trading career with Interactive Brokers is to open a demo account facility before risking any real money
What funding methods do Interactive Brokers accept?
There are multiple ways to finance your accounts with Interactive Brokers. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must keep in mind that PayPal isn't available in all place. The currencies Interactive Brokers accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes approximately 4-7 days.
Is my money safe with Interactive Brokers?
Yes, your money is safe and secure with Interactive Brokers. As you already know, Interactive Brokers works with proper conformation to regulations. It has established lots of steps to guard all its own investors.
Interactive Brokers protects its clients' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification also. It takes an SMS confirmation that you access your account.
Is Interactive Brokers trading good?
Yes, trading through Interactive Brokers is a nice and good experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. Moreover, you can also gain access to a huge selection of educational tools and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries do Interactive Brokers support?
Interactive Brokers operates around the globe. However, due to regulations Interactive Brokers doesn't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Interactive Brokers legit?
Interactive Brokers is a legit company headquarted in United States since 1977. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Interactive Brokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Interactive Brokers a good broker?
Interactive Brokers is a great agent, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.
You'll find the clean layout of this platform along with the admirable 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 one of the business leaders. It has over 1,000,000+ registered users and over 48 years of expertise on its own record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and wide selection 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?
Using Interactive Brokers, many traders make a lot 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 may seem like a small number, but within the year, this adds to a significant amount of gains. Even though Interactive Brokers provide you all of the tools to make money, they can't guarantee you will gain.
Does Interactive Brokers have fees?
Yes. To start trading with 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 globally recognised broker with 1,000,000+ clients.
Where is the Interactive Brokers head office?
Interactive Brokers has its head office in United States
Does Interactive Brokers offer negative balance protection?
No. Interactive Brokers does not provide negative balance protection. If your balance is unfavorable, Interactive Brokers suggests that you promptly contact customer services. With this, you are able to fix any imbalances in your account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, unfortunately, does not provide guaranteed stop loss. Interactive Brokers gives a chance to its dealers to close their trade in their given price. Apart from that, Interactive Brokers doesn't offer 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 allow 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 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.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different 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 capital. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the features before risking a live account.
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