It took me a little bit to get used to using this broker, but I LOVE them! 99% of the time, there's zero issues when linking TradingView and trading. Every once in a while, though, data feed issues arise. Not sure why, but a quick refresh seems to fix it. I pay Tradingview for the live market data. I thought that would resolve this issue from ever happening. I guess not. In hindsight, it seems to have been a waste of money.
It's a good platform but it's also clunky and not intuitive to use. While you do get a lot of features it just doesn't feel accessible. Trading through TradingView has lots of confusing blocks to your flow. It doesn't feel seamless, and there is a big gap between deciding to trade and execution because it's not fast and constantly feels like it needs to warn you about things. The security systems are also overblown as I can't login on my phone and a session in TradingView at the same time. It's one session only. So it's not really expansive. Much better and faster platforms out there. Their built in platform for trading is also so bad that it is unusable as a trader and you need something like TradingView just to be able to trade properly.
Overall good, but i would love it if there was more trading features available on TradingView: advanced order creation, advanced trade management, automatic risk calculated partials (taking 25%/50%/75% of current position). Automatic fixed risk amount entry, e.g. entering with a hotkey so that when i enter my risk is automatically placed at an X amount that i specify. So more hotkey buttons, please!!!
Oftentimes I got disconnected from IB and have to manually reconnect. It's a big deal to me because I might miss out on my executions, especially frustrating near market opens where my executions needs to be fast. I cannot catch the pullbacks.
Im not able to close the position from IBKR in pre-market
its paper trading is inaccurate
Global industry leader, top rated broker. Trader friendly environment with fastest execution, best spreads, low commissions and great desktop and mobile apps. Great customer support and education portal. Integration with TradingView services is an absolutely indispensable tool today – it allows you to see the markets and price dynamics with the widest possible coverage, and - react immediately.
Good broker IF you don't connect to TradingView. Terrible if you do!
I recommend that one avoid dealing with Interactive Brokers if possible. After about one month, I'm moving back to my previous broker. I moved my account from Schwab to Interactive Brokers because of the lower margin rates at Interactive Brokers. I thought that I would be willing to tolerate the poor customer service at Interactive Brokers because I wouldn't need it. I was mistaken. I documented a glitch on the Interactive Brokers website while I was on the phone with Interactive Brokers. When I closed a position, their website marked the position "filled" and at the same time the website created a new pending order. When I was transferred to tech support about the glitch that occurred while I was on the phone, they asked me to clear my browser cache because the "cancel" function on the pending order didn't work. This glitch seems to have caused a position that I had closed earlier in the day to be ordered again. That transaction flagged the account as a pattern day trader. Even though the trading department compensated me for the loss that occurred by the website glitch, nobody would help to remove the pattern day trade designation. When I followed up, it wasn't even in the notes of the ticket that had been created. The most important part of my complaint hadn't even been properly documented. TLDR: Interactive Brokers has some nice features, but I do not trust either their customer service or technical competence compared to Schwab.
buen servicio, especialmente en atencion al publico, responde rapidamente, es una lastima que todavia no esten integradas las opciones con IB y TW, espero que pronto se integre y poder usar el servicio al 100 %.
when dragging the SL and getting the mouse to the "buy" or "confirm" button, the SL did not got the button release and the line goes back to the but price and pressing buy actually buys and sell at the same second, i would love to get a warning saying are you sure you want to do that (i'v lost money that way, and i am sure others did too)
Terms and fees
- US-listed Stocks/ETFs*: $0 commissions
IBKR Pro: Includes IB SmartRouting℠
- Stocks/ETFs: $0.0005-$0.0035 / share
- Futures: $0.25-$0.85 / contract
- Currencies: Quoted in 1/10 of a PIP
*Additional charges and restrictions apply
About Interactive Brokers
- Low commissions starting at $0 with no added spreads, ticket charges or account minimums.
- Margin rates up to 49% lower than other brokers.
- IB SmartRouting℠ helps support best execution by searching for the best available prices across exchanges and dark pools.
- Earn extra income on your lendable shares.
Risk and Disclosures
Tools and features
Frequently Asked Questions
- Stocks
- Cryptocurrencies
- Forex pairs
- Futures
- Bonds
- Options
- CFTC (Commodity Futures Trading Commission)
- SEC (U.S. Securities and Exchange Commission)
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
- Stop orders
- Market orders
- Limit orders
- Stop limit orders
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to find in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.