Interactive Brokers Review: Pros, Cons, And How It Compares | for 2026
This Interactive Brokers review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Interactive Brokers to give you the most comprehensive guide available.
Interactive Brokers is a world class broker that was founded in 1977. They have around 2047 employees that help the company offer Brokerage, Finance, Investment Banking, to 1,000,000+ clients through Web Trader, NinjaTrader, Tablet & Mobile apps.
Interactive Brokers Guide – Read our In-Depth Interactive Brokers Review
Interactive Brokers Rating: 7.78 / 10
This Interactive Brokers review page contains information about investing with Interactive Brokers. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Interactive Brokers does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Interactive Brokers review contains the latest details surrounding Interactive Brokers.
If you're new to the realm of trading online and brokers, so many details will no doubt be perplexing for you. Getting into the area of trading online requires expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of online trading and brokerages while you keep trading. For starters, you need to select the ideal online trading platform who will constantly be transparent with you.
Within the fast-paced universe of financial markets and online trading, you will need guidance to make correct decisions. A professionally lead investment online broker could assist you in minimising any losses and maximising any profits. Interactive Brokers is one such platform which can help you. It's crucial to understand 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 carefully assess Interactive Brokers as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your Interactive Brokers investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and methodical 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 objectives.
Remember, Interactive Brokers should be a trusted partner on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with Interactive Brokers into easily understandable information in this Interactive Brokers review. Our goal is to equip you with the knowledge necessary to confidently use Interactive Brokers trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Interactive Brokers are the cornerstone of successful trading. As such, we've provided this detailed Interactive Brokers review. So, settle in, 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 Guide for 2026 – 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 learn about trading with Interactive Brokers. A fantastic broker can use your first investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing goals.
Of course, there is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Interactive Brokers is a trading partner which has found its way successfully into the broker world. In this review, we have attempted to collate some of the important facets of Interactive Brokers. This guide can help you to learn whether Interactive Brokers is a great match for your investments or not. We've attempted to breakdown all the features and fees for your advantage.
Who are Interactive Brokers?
Interactive Brokers is a online trading broker with its head office in United States and provides a variety of instruments for trading. Since its start in 1977 they have emerged as a leading player in the industry of online trading. Interactive Brokers has an extremely competitive and full-featured trading website that's focused on forex, indices, metals, shares, commodities.
Over the past 49 years, Interactive Brokers has become one of the top online brokers available to the public.
After establishing itself in 1977, their customer base has become as large as 1,000,000+ clients.
Interactive Brokers is a favourite for many online traders . Our Interactive Brokers account review found that they are a professional alternative for online trading options. They're best suited for investors who are searching for a variety of assets. Social and easy to use trading options are the heart at Interactive Brokers.
Technology plays a significant role at Interactive Brokers. They features trading on Web Trader, NinjaTrader, Tablet & Mobile apps. Interactive Brokers is fair, transparent, and a well-regulated broker by the the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.
Who Founded Interactive Brokers?
The founders of Interactive Brokers are Thomas Peterffy
The founders of Interactive Brokers are known for their experience in the world of internet trading. However, there are a lot of other key staff in Interactive Brokers who have a substantial contribution to it's success.
The educational department at Interactive Brokers is very comprehensive for new traders since it permits them to have a closer look in the financial markets. Interactive Brokers caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.
Interactive Brokers Review Videos
Benefits of online trading with Interactive Brokers in 2026
Trading with Interactive Brokers comes with numerous advantages. These advantages are what sets Interactive Brokers apart from all other online brokers. You should check all the advantages listed so that you have a better comprehension of Interactive Brokers.
The agent goes to great lengths to comprehend what dealers need. As a result, the service, quick, and convenient. The agent also gives a number of programs for all kinds of traders. Interactive Brokers ensures that the individual needs of all traders are met to the best of their capabilities.
Interactive Brokers also includes excellent trading conditions which are available to all and not only an elite class of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Interactive Brokers is among the highest caliber, ensuring that it is fast, reliable, and effective.
Interactive Brokers acknowledges the significance of having a quick order execution. A fast execution will allow users to trade without worrying about slippage safely. It will also aid the dealers to catch any opportunities.
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Interactive Brokers offers social trading which encompasses leading traders sharing their knowledge with the community. Interactive Brokers's social trading platform allows traders to share their expertise with others to build a community of investors and traders. 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 instruments to support all kinds of traders. These tools are lively and suitable for both new and seasoned traders. All dealers can set aside all their concerns when trading using 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 should know about trading using Interactive Brokers
Interactive Brokers is a dynamic platform that provides various techniques of online trading. These tools cover the financial markets substantially. The Majority of the broker platforms provide fewer methods than Interactive Brokers
If you want to trade with Interactive Brokers, you'll require a minimum deposit of $1. This deposit is compulsory if you would like to begin trading with Interactive Brokers. This 2026 Interactive Brokers review will guide you clearly about trading with them.
Interactive Brokers is as versatile as another brokerage platform. Interactive Brokers is ideal for traders that want a manageable array of low-cost services. The programs offered by Interactive Brokers are third party, white-label offerings. All traders can choose out of Web Trader, NinjaTrader, Tablet & Mobile apps
Along with everything, Interactive Brokers has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction has to be kept open. The agents offer premium customer service that rewards customers with advantages.
Many less reputable brokers try to pressurise customers into larger funding for premium services. Interactive Brokers, however, is more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
Interactive Brokers accounts are available globally and provides outstanding service everywhere they have customers. 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?
Founded in 1977, Interactive Brokers has been in operation for 49 years, they are headquarted in United States
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. These bodies have rules that mandate that trading platforms have measures in place to maintain investor's assets procured. This usually means that Interactive Brokers users do not need to worry about their money as it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with Interactive Brokers for increased safety. An SMS with the confirmation code will be sent to your mobile phone. You will be asked to enter this code to log in to your account.
Another concern with online brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is more widespread in the example of Market Maker brokers who compete with customers 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 a few 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 49 years.
Interactive Brokers offers customer support over the phone.
Interactive Brokers provides customer support over email.
Interactive Brokers gives access to customer support over livechat.
Interactive Brokers is an award winning broker.
Interactive Brokers has a low minimum deposit requirement.
Interactive Brokers doesn't charge inactivity fees.
Interactive Brokers has over 100 employees.
Interactive Brokers offers social trading.
Interactive Brokers allows scalping.
Interactive Brokers allows hedging.
Interactive Brokers allows commodity trading.
You can trade metals with Interactive Brokers.
You can trade energies with Interactive Brokers.
Interactive Brokers Con's
Interactive Brokers doesn't offer guaranteed stop loss. Interactive Brokers doesn't offer negative balance protection. Interactive Brokers charges withdrawal fees. You can't trade Cryptocurrencies with Interactive Brokers. Interactive Brokers doesn't offer copy trading.Compare Brokers Similar To Interactive Brokers
Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers, as a business, has a strong collection of rules for ensuring fair trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Interactive Brokers Awards
Interactive Brokers have won numerous industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for Interactive Brokers below.
- In 2019 Interactive Brokers was awarded Best Online Broker.
- In 2019 Interactive Brokers was awarded Top low cost-broker.
- In 2020 Interactive Brokers was awarded Best Broker for Low-Cost Investing.
- In 2021 Interactive Brokers was awarded Best Broker for Day Trading.
- In 2021 Interactive Brokers was awarded Best Online Broker for Bonds.
Interactive Brokers Trading Platforms
Interactive Brokers are a reputable brokerage that has been operating for over 49 years. They offer a wide range of options in their user accounts.
Below we take the main parts of any good online brokerage and compare Interactive Brokers against Startrader, and freetrade.
Interactive Brokers MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Interactive Brokers in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Interactive Brokers MetaTrader 4 is compatible with the latest macOS. Interactive Brokers allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Interactive Brokers
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Interactive Brokers MetaTrader 4 On iOS Devices
You can download the Interactive Brokers app or also trade with Interactive Brokers through the MetaTrader 4 application on the Apple app store.
Download the Interactive Brokers MetaTrader 4 Program free of charge from Apple's App Store. Interactive Brokers customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Interactive Brokers MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Interactive Brokers provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 1,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Interactive Brokers MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to get started on Interactive Brokers is $1. This is an adequate amount for people just starting out. It's possible to create more complex residue as you cooperate. But, ensure that you know how to make the most of your money before investing in larger amounts.
Commission And Fees Explained
Interactive Brokers is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for things like depositing money, not trading for long periods, or withdrawals.
In general, Interactive Brokers doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees charged by Interactive Brokers are relatively greater. Consequently, you're billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This Interactive Brokers review breaks down every one 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 when you make a bank transfer. Every time you move money into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any moment from your Interactive Brokers account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't always need to have any money in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent to the cardInteractive Brokers will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are choosing to withdraw 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 best for you to close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you've selected. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the broker beforehand.
Interactive Brokers Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers do not 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 money on the Interactive Brokers trading platform is easy. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity evidence and proof of residency to deposit substantial amounts.
Compare Interactive Brokers Vs Other Broker Deposit Methods
What Can You Trade With Interactive Brokers in 2026?
Note: Interactive Brokers offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may be different based on the country of residence of the client.
Interactive Brokers has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then Interactive Brokers offer over 54 forex pairs.
Compare Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Trading App Review
Note: Interactive Brokers's mobile app has a lot of functionality and is being constantly developed. What follows 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 our Interactive Brokers broker review we tested the options for customer service including response times, and on the Interactive Brokers trading platform problems solving effectiveness. Interactive Brokers supports a wide range of languages including English, and Chinese
Interactive Brokers Live Chat Support
We tried the livechat experience with Interactive Brokers and it worked flawlessly. We made a request via Interactive Brokers livechat via their website and app and received a response in less than 20 seconds. Sometimes , there was no response.
We have tested communication through Interactive Brokers support in a variety of languages across multiple countries. Interactive Brokers were successful in resolving client's issues.
Interactive Brokers Phone Support
We called Interactive Brokers and the call was responded to very promptly. We were able to have the call answered in less than 5-10 minutes.
The Interactive Brokers phone support team was able to effectively address our questions and concerns on the phone. We tried the multi-lingual Interactive Brokers team by calling them in various languages. Interactive Brokers made efforts to ensure our queries were answered.
The overall phone support provided by Interactive Brokers was good.
Interactive Brokers Email Support
We have sent numerous email to Interactive Brokers and the response times were all excellent. The fastest email response time from Interactive Brokers was 2 hours while the most slow response was 8 days! There were times when there was no response. Response times to support may differ for you at Interactive Brokers, however we have had this experience sending out 10 emails at various times.
The team was able to resolve and answer our questions. Average email support from Interactive Brokers was outstanding.
Alternatives To Interactive Brokers
If, after reading this Interactive Brokers review, they don't meet your needs check out these Interactive Brokers alternatives.
We have scoured the web 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 certainly try Interactive Brokers before you buy. Interactive Brokers offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account on Interactive Brokers, you will set out with a decent amount of virtual currency. It's to establish a feeling of security and confidence in you until you choose to spend your own money.
With this virtual Interactive Brokersdemo account, you can experiment at all, to whatever length you wish. You can even start positions, examine different trading strategies, and more.
Interactive Brokers shows on its official website that you are able to exchange real time stocks in a demo account.
Is Interactive Brokers safe?
It is possible to drop all your worries since we believe that Interactive Brokers is completely safe to use. It is in compliance with the principles of the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Even so, Interactive Brokers 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 account with Interactive Brokers. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal is not available in all country. The monies Interactive Brokers accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes about 4-7 days.
Is my money safe with Interactive Brokers?
Yes, your cash is safe and secure with Interactive Brokers. As you already know, Interactive Brokers works with proper conformation to regulations. It has established lots of measures to guard all of its investors.
Interactive Brokers protects its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further protect your accounts, it is possible to enable Two-Step Verification as well. It requires an SMS affirmation that you access your accounts.
Is Interactive Brokers trading good?
Yes, trading through Interactive Brokers is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a vast selection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, you can open a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do Interactive Brokers support?
Interactive Brokers operates around the globe. However, due to regulations Interactive Brokers does not accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Interactive Brokers legit?
Interactive Brokers is a legit company headquarted in United States since 1977. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Interactive Brokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Interactive Brokers a good broker?
Interactive Brokers is a great broker, and its users can vouch for it. The highlight of the platform is its quick order execution on trades.
You will discover the clean design of this platform and 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 one of the industry leaders. It supports over 1,000,000+ registered users and over 49 years of experience on its record. They are one of the world's top trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide selection of tools plus resources so that 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?
Through Interactive Brokers, several traders make a great deal of money. However, just like all online brokerages, 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 to be a small number, but within the entire year, this adds to a substantial amount of gains. Even though Interactive Brokers provide you all the tools to make money, they cannot guarantee that you will profit.
Does Interactive Brokers have fees?
Yes. To begin trading with Interactive Brokers, you need to deposit $1. Certain commissions while trading additionally applies. 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 does not provide negative balance protection. If your balance is negative, Interactive Brokers indicates that you promptly contact customer services. With this, you can fix any imbalances within your own account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, unfortunately, does not provide guaranteed stop loss. Interactive Brokers gives a chance to its traders to close their trade in their given price. Aside from this, Interactive Brokers does not provide guaranteed stop loss.
Does Interactive Brokers allow scalping?
Yes, Interactive Brokers does permit scalping. Many traders throughout the world select Interactive Brokers due to their services that are trading. They offer trading on Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Does Interactive Brokers allow hedging?
Yes, Interactive Brokers does allow hedging.
Can you trade energies with Interactive Brokers?
Yes, you can trade energy stocks with Interactive Brokers
Can you trade agricultural shares with Interactive Brokers?
Yes, you can trade agricultural stocks with Interactive Brokers
Can you trade cryptocurrency with Interactive Brokers?
No, unfortunately you cannot trade cryptocurrency with Interactive Brokers
Can you trade metals with Interactive Brokers?
Yes, you can trade metals with Interactive Brokers
Can you trade UK Shares with Interactive Brokers?
Yes, you can trade UK shares with Interactive Brokers
Can you trade US Shares with Interactive Brokers?
Yes, you can trade US shares with Interactive Brokers
Can you trade Japanese Shares with Interactive Brokers?
Yes, you can trade Japanese shares with Interactive Brokers
Can you trade German Shares with Interactive Brokers?
Yes, you can trade German shares with Interactive Brokers
Does Interactive Brokers accept bank transfers?
Yes, Interactive Brokers accepts bank transfers for depositing money.
Does Interactive Brokers accept credit cards?
Yes, Interactive Brokers accepts credit cards for depositing money.
Does Interactive Brokers accept PayPal?
No, Interactive Brokers does not accept PayPal.
Does Interactive Brokers accept Skrill?
No, Interactive Brokers does not accept Skrill.
Does Interactive Brokers accept Payoneer?
Yes, Interactive Brokers accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It'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.
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.
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. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the features before signing up for a live account.
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