Interactive Brokers Review: Pros, Cons, And How It Stacks Up | 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 professional broker that was founded in 1977. They have around 2047 staff that help the company offer Brokerage, Finance, Investment Banking, to 1,000,000+ clients through Web Trader, NinjaTrader, Tablet & Mobile apps.
Interactive Brokers Guide – Read our In-Depth Interactive Brokers Review
Interactive Brokers Rating: 7.78 / 10
This Interactive Brokers review page contains information about investing with Interactive Brokers. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Interactive Brokers does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Interactive Brokers review contains the latest information about Interactive Brokers.
If you are new to the realm of online trading and brokerages, so many nuances will no doubt be confusing for you. Getting into the world of trading online requires expert analytical skills and thorough understanding. You'll get adept at all of the concepts of online trading and brokers as you keep trading. For starters, you have to choose the right online trading platform who will consistently be transparent with you.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program could aid you in minimising any potential losses and maximising any profits. Interactive Brokers is one such broker that will assist you. It is crucial to know all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as Interactive Brokers, it's crucial to 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 prosper. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and comprehensive in your Interactive Brokers broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness 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 reliable companion on your trading journey.
Our team has strived to simplify the intricate world of trading with Interactive Brokers into easily understandable information in this Interactive Brokers review. Our goal is to equip you with the knowledge necessary to confidently use Interactive Brokers trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Interactive Brokers are the cornerstone of successful trading. As such, we've provided this in-depth Interactive Brokers review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Interactive Brokers and how it can work to your advantage, or if Interactive Brokers might not be the right fit for you.
Interactive Brokers Guide for 2026 – Brief Summary
| Interactive Brokers Telephone: | +1 203 618 5800 |
| Interactive Brokers Support Email: | support@interactivebrokers.com |
| Interactive Brokers Address: | One Pickwick Plz, Greenwich, Connecticut 06830, US |
| Year Founded: | 1977 |
| Regulated By: | the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). |
| Hedquarters: | United States |
| Minimum Deposit: | $1 |
| Number Of Clients: | 1,000,000+ Interactive Brokers users and traders |
| Interactive Brokers TrustPilot: | https://uk.trustpilot.com/review/interactivebrokers.com |
| Interactive Brokers LinkedIn: | https://www.linkedin.com/company/interactive-brokers/ |
| Interactive Brokers Facebook: | https://www.facebook.com/InteractiveBrokers/ |
| Interactive Brokers Facebook Likes: | 156,364 |
| Interactive Brokers Twitter: | @IBKR |
| Interactive Brokers Twitter Followers: | 245,500 |
| Interactive Brokers Instagram: | https://www.instagram.com/interactivebrokers |
| Interactive Brokers Instagram Followers: | 9,869 |
| Interactive Brokers Youtube: | https://www.youtube.com/interactivebrokers |
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The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. |
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Our full Interactive Brokers review for beginners covers everything you will need to learn about trading via Interactive Brokers. A good broker can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you positive profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment objectives.
Of course, there's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Interactive Brokers is a trading partner that has found its way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of Interactive Brokers. This guide can help you to understand whether Interactive Brokers is a fantastic match for your own investments or not. We've attempted to breakdown all the qualities and charges for your convenience.
Who are Interactive Brokers?
Interactive Brokers is a online trading broker with its headquarters in United States and provides a variety of instruments for online trading. Since its establishment in 1977 they have emerged as a top-tier player in the industry of online trading. Interactive Brokers includes an extremely aggressive and full-featured trading website that is focused on forex, indices, metals, stocks , commodities.
Over the past 49 years, Interactive Brokers has grown into one of the leading online brokers available to the public.
After launching in 1977, their client base has increased to 1,000,000+ clients.
Interactive Brokers is a favourite of many online traders . Our Interactive Brokers account review discovered that they're a reputable alternative for online trading options. They are best suited for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at Interactive Brokers.
Technology plays a substantial role in Interactive Brokers. They offers trading on Web Trader, NinjaTrader, Tablet & Mobile apps. Interactive Brokers is honest, transparent, and also 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 the majority of traders. Third-party partnerships also provide in-house research.
Who Founded Interactive Brokers?
The founders of Interactive Brokers are Thomas Peterffy
The creators of Interactive Brokers are famous for their experience in the sphere of internet trading. However, there are a lot of other key people in Interactive Brokers who have a substantial impact on it's success.
The educational department at Interactive Brokers is quite comprehensive for new dealers since it permits them to have a closer look at the financial markets. Interactive Brokers caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.
Interactive Brokers Review Videos
Benefits of using Interactive Brokers in 2026
Trading with Interactive Brokers comes with numerous benefits. These benefits are what sets Interactive Brokers ahead of all other online agents. You should check all the benefits listed so you have a better comprehension of Interactive Brokers.
The agent goes to great lengths to understand what dealers want. Consequently, 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 capabilities.
Interactive Brokers also includes excellent trading conditions which are available to all and not only an elite group of institutional customers. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Interactive Brokers is among the maximum caliber, ensuring that it is fast, reliable, and efficient.
Interactive Brokers acknowledges the importance of having a quick order execution. A fast execution enables users to trade 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. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading.
Interactive Brokers has over 100 trading instruments to support all types of traders. These instruments are dynamic and convenient for both new and experienced traders. All traders can set aside all their worries 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.
What you ought to know about trading with Interactive Brokers
Interactive Brokers is a lively platform that offers various procedures of trading online. These tools cover the monetary markets substantially. Most of the brokerage platforms offer fewer procedures than Interactive Brokers
If you want to trade with Interactive Brokers, you will need a minimum deposit of $1. This deposit is compulsory if you wish to begin trading using Interactive Brokers. This 2026 Interactive Brokers review will guide you safely about trading with them.
Interactive Brokers is as flexible as any other brokerage platform. Interactive Brokers is ideal for traders who want a manageable assortment of low-cost services. The programs supplied by Interactive Brokers are third-party, white-label offerings. All traders may select out of Web Trader, NinjaTrader, Tablet & Mobile apps
Along with everything, Interactive Brokers has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade must be kept available. The brokers offer premium customer service which rewards customers with advantages.
Many unethical brokers attempt to pressurise consumers into larger financing for superior services. Interactive Brokers, however, is more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater benefits will come along.
Interactive Brokers accounts are available globally and provides excellent service everywhere they have clients. There are a 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 ensure that trading platforms have steps in place to keep investor's resources procured. This usually means that Interactive Brokers users do not need to worry about their money since it's segregated and safely kept in banks that are established. SSL encryption secures every user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with Interactive Brokers for heightened security. An SMS for the verification code will be sent to your phone. You will be required to input this code to log into your accounts.
Another concern with financial brokers is in regards to security may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with users on the platform.
Interactive Brokers Risk Disclaimer
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors.
Pro's & Con's Of Trading With Interactive Brokers
Every online trading platform has some ups and downs, and no Interactive Brokers review would be complete without having a balanced approach. This Interactive Brokers review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Interactive Brokers Pro's
Interactive Brokers is highly rated by us.
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers has been trading for 49 years.
Interactive Brokers offers customer support over the phone.
Interactive Brokers provides customer support over email.
Interactive Brokers gives access to customer support over livechat.
Interactive Brokers is an award winning broker.
Interactive Brokers has a low minimum deposit requirement.
Interactive Brokers doesn't charge inactivity fees.
Interactive Brokers has over 100 employees.
Interactive Brokers offers social trading.
Interactive Brokers allows scalping.
Interactive Brokers allows hedging.
Interactive Brokers allows commodity trading.
You can trade metals with Interactive Brokers.
You can trade energies with Interactive Brokers.
Interactive Brokers Con's
Interactive Brokers doesn't offer guaranteed stop loss. Interactive Brokers doesn't offer negative balance protection. Interactive Brokers charges withdrawal fees. You can't trade Cryptocurrencies with Interactive Brokers. Interactive Brokers doesn't offer copy trading.Compare Brokers Similar To Interactive Brokers
Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Interactive Brokers, as a business, has a powerful set of rules for ensuring honest trading on its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Interactive Brokers Awards
Interactive Brokers have won many industry awards over the time they have been operating as an online trading platform. We show 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 open for over 49 years. They offer a large range of options in their client accounts.
Below we take the main parts of any professional online brokerage and compare Interactive Brokers with Startrader, and freetrade.
Interactive Brokers MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Interactive Brokers in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Interactive Brokers MetaTrader 4 is compatible with the latest macOS. Interactive Brokers allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Interactive Brokers
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Interactive Brokers MetaTrader 4 On iOS Devices
You can download the Interactive Brokers app or also trade with Interactive Brokers through the MetaTrader 4 application on the Apple app store.
Download the Interactive Brokers MetaTrader 4 Program free of charge from Apple's App Store. Interactive Brokers customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Interactive Brokers MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Interactive Brokers provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 1,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Interactive Brokers MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to begin on Interactive Brokers is $1. This is an adequate amount for those just beginning. It's possible to make more complex deposits as you go along. But, ensure you know how to make the most of your money before investing larger sums.
Commission And Fees Explained
Interactive Brokers is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this purpose.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you're spending a spread, funding speed, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, Interactive Brokers does not charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees billed by Interactive Brokers are comparatively lower. As a result, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase 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 if you make a bank transfer. Every time you transfer money back into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any moment from the Interactive Brokers account. You can withdraw sums up to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always have to have any cash on your account.
Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money will be sent into the cardInteractive Brokers will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to draw in.
Interactive Brokers Inactivity Fees Explained
Interactive Brokers doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been implied by Interactive Brokers, it is better that you close the account if you're inactive. Inactivity fees aren't just charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is exposed to many conditions 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 don't charge too much money for this particular operation.
Interactive Brokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash onto the Interactive Brokers trading platform is simple. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity evidence and proof of residency to deposit large sums.
Compare Interactive Brokers Vs Other Broker Deposit Methods
What Can You Trade With Interactive Brokers in 2026?
Note: Interactive Brokers provides a lot of different trading instruments due to regulatory restrictions in many 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 currency pairs is of interest to you then Interactive Brokers offer over 54 currency pairs.
Compare Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Trading App Review
Note: Interactive Brokers's mobile app has a lot of functionality and is being constantly developed. The table below was accurate at the time of writing this Interactive Brokers broker review.
Understand the capabilities of the mobile apps of Interactive Brokers, Startrader & freetrade below.
Trading Education Available At Interactive Brokers
Understand the trading resources available with Interactive Brokers, Startrader & freetrade below.
Interactive Brokers Customer Support
In our Interactive Brokers broker review we examined the options for customer service, response times and on the Interactive Brokers trading platform issue resolution effectiveness. Interactive Brokers provides support in many languages, including English, and Chinese
Interactive Brokers Live Chat Support
We tried the live chat on Interactive Brokers and it works well. We sent messages to Interactive Brokers livechat via their app and web site and recieved a response after 10 seconds. There was sometimes no response.
We have tested communication via Interactive Brokers support in multiple languages across multiple countries. Interactive Brokers were able to resolve our client's issues.
Interactive Brokers Phone Support
We made a call to Interactive Brokers and the call was answered very quickly. The call was answered in less than five to ten minutes.
The Interactive Brokers phone support team were able to successfuly answer our queries and problems via phone. We tried the multi-lingual Interactive Brokers team by calling them in various languages. Interactive Brokers made an effort to make sure our queries were answered.
The overall phone support provided by Interactive Brokers was okay.
Interactive Brokers Email Support
We sent several emails to Interactive Brokers and answer times overall were good. The fastest email response time from Interactive Brokers was 3 hours while the longest response time was 3 days! There were times when there was no response. Response times to support may differ for you at Interactive Brokers, however, we've had the experience of sending out 10 emails at different times.
The team solved and responded to our queries. Overall average email support from Interactive Brokers was very good.
Alternatives To Interactive Brokers
If, after reading this Interactive Brokers review, they don't quite meet your requirements check out these Interactive Brokers alternatives.
We've scoured the web to find the best alternatives to Interactive Brokers. Click on the links below to learn more.
Frequently Asked Questions
Can I try Interactive Brokers before I buy?
Absolutely! you can most definitely try Interactive Brokers before you buy. Interactive Brokers offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demo account on Interactive Brokers, you will set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you until you choose to invest your own money.
With a digital Interactive Brokersdemo account, you can experiment at all, to whatever period you wish. You might even open positions, examine different trading strategies, and much more.
Interactive Brokers specifies on its official site that you are able to trade real time stocks with your demo account.
Is Interactive Brokers safe?
You can drop all of your worries since we believe that Interactive Brokers is completely safe to use. It's in compliance with the principles of the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Even so, Interactive Brokers does not provide assured stop-loss protection.
Why does Interactive Brokers ask for my passport?
The reason that Interactive Brokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Interactive Brokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Interactive Brokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Interactive Brokers?
The process to start trading with Interactive Brokers is super simple. You need to begin by signing up on the Interactive Brokers website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Interactive Brokers are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Interactive Brokers is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Interactive Brokers.
The best way to kickstart your trading career with Interactive Brokers is to open a demo account facility before risking any real money
What funding methods do Interactive Brokers accept?
There are a number of methods to fund your account with Interactive Brokers. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal is not available in every place. The monies Interactive Brokers accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes about 4-7 days.
Is my money safe with Interactive Brokers?
Yes, your money is safe and protected with Interactive Brokers. As you already know, Interactive Brokers operates with good conformation to regulations. It has established plenty of measures to guard all of its investors.
Interactive Brokers protects its clients' private and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to empower Two-Step Verification as well. It takes an SMS affirmation for you to access your account.
Is Interactive Brokers trading good?
Yes, trading via Interactive Brokers is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. In addition, you can even obtain access to a vast selection of educational tools and assistive substance to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Interactive Brokers support?
Interactive Brokers operates across the globe. However, due to regulations Interactive Brokers does not accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Interactive Brokers legit?
Interactive Brokers is a legit company headquarted in United States since 1977. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).. Interactive Brokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Interactive Brokers a good broker?
Interactive Brokers is an excellent agent, and its own users may vouch for it. The highlight of the platform is its quick order execution on transactions.
You'll discover the clean layout of this platform along with the admirable features are pleasant to work with.
Is Interactive Brokers a trustworthy broker?
Yes, Interactive Brokers is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 1,000,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the Interactive Brokers TrustPilot page
What is the minimum deposit for Interactive Brokers?
The minimum deposit to open a live account with Interactive Brokers is $1
How long do Interactive Brokers withdrawals take?
Normally, withdrawal of money from Interactive Brokers is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Interactive Brokers to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Interactive Brokers regulated?
Interactive Brokers are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).
Is Interactive Brokers a market leading broker?
Interactive Brokers is indisputably among the business leaders. It supports over 1,000,000+ registered customers and over 49 years of experience on its own record. They are one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide selection of tools plus resources so you may invest in capital markets.
Is Interactive Brokers a con?
No, Interactive Brokers is not a con. They are regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). and must adhere to their rules. Thus, it is safe to say that Interactive Brokers is not a scam.
Can you make money with Interactive Brokers?
Through Interactive Brokers, many traders earn a great deal of cash. But, 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 like a small number, but over the entire year, it adds to a substantial number of gains. Even though Interactive Brokers supply you all of the tools to make money, they can't guarantee that you will profit.
Does Interactive Brokers have fees?
Yes. To begin trading using Interactive Brokers, you need to deposit $1. Particular commissions while trading additionally applies. Any processing fees from your bank might 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 globally recognised agent 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 negative, Interactive Brokers suggests that you promptly contact client services. For this, you can correct any imbalances within your account.
Does Interactive Brokers offer guaranteed stop loss?
Interactive Brokers, unfortunately, does not offer guaranteed stop loss. Interactive Brokers gives a chance to its traders to close their trade at 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 across the world choose 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. 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.
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.
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 virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.
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