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)
I has improved a lot. I trades Futures and the integration works pretty well. The only few suggested improvement from my side would be: - persist the connection more, I have to login again myltime times during the day. - take profit and stopp loss feature to include it after a position is opened. - after hours checkbox should come automatically when trading futures.
Not able to modify orders on 0DTE once sent. You need to press sell to market button and rely it will execute fast. I am amazed why this is not possible. Also can't use trailing stops. PLEASE IB. make this possible ASAP.
They are the only Canadian Broker that does not front run your trades. Absolutely the best broker in Canada. I have used TD, RBC, Wealthsimple, and the infamous Quadregia Coin Exchange. Interactive Brokers makes these other Canadian Brokers look like the price gougers, they truly are.
Excellent broker. Very user-friendly platform. Reasonable fees.
Great service, especially when teamed with TradingView. Good rates and interest paid on idle cash.
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.
I like IB very much. I'm fond of TWS, trading conditions, optopns trading possibilities, API and a lot of other things proposed by IB.
Terms and fees
Tradable assets
Stocks, Crypto, Forex, Futures, Bonds, Options
Min deposit
0.00 USD
Deposit fee
No
Withdrawal fee
No
Inactivity fee
No
IBKR Lite:
- 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
- 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
Publicly traded (Listed)
Regulators
Website
Community
Phone
+1 (877) 442-2757
Address
Interactive Brokers LLC Headquarters: One Pickwick Plaza, Greenwich, CT 06830 USA
- Clients in over 200 countries and territories trade stocks, options, futures, currencies, bonds, funds, crypto and more on 150 global markets.
- 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
- 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
Order types
Order features
Position features
Brackets
Other
Frequently Asked Questions
Interactive Brokers allows to trade the following assets:
- Stocks
- Cryptocurrencies
- Forex pairs
- Futures
- Bonds
- Options
- Stocks
- Cryptocurrencies
- Forex pairs
- Futures
- Bonds
- Options
Interactive Brokers is regulated by the following organisations:
- CFTC (Commodity Futures Trading Commission)
- SEC (U.S. Securities and Exchange Commission)
- CFTC (Commodity Futures Trading Commission)
- SEC (U.S. Securities and Exchange Commission)
Yes, Interactive Brokers provides clients with a demo account to try out their strategies before actually starting to trade.
Interactive Brokers requires a minimum deposit of 0 USD.
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.
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.
Yes, Interactive Brokers offers Level 2 data to its clients.
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.
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.
No, there's no fee if there's no activity on your account.
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.
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.
No, Interactive Brokers doesn't impose any withdrawal fees on its clients.
Check the fees Interactive Brokers has to make the best choice. IBKR Lite:
- 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
No, Interactive Brokers doesn't have any deposit fee.
Interactive Brokers allows the following order types:
- Limit orders
- Stop limit orders
- Stop orders
- Market orders
- Limit orders
- Stop limit orders
- Stop orders
- Market orders
Yes, you can place bracket orders with Interactive Brokers.
Brokers provide access to financial markets and execute trades. They act as intermediaries between traders and exchanges, providing the necessary infrastructure and tools to place buy and sell orders. They offer services such as order execution, market access, research, analysis, and customer support. Additionally, brokers facilitate the use of leverage, margin trading, and help ensure regulatory compliance, providing traders with a secure environment to trade effectively. Without brokers, individual traders would struggle to access markets and execute trades efficiently.
An order is an instruction for a broker to execute a trade - buy or sell an asset on behalf of a trader. Depending on your strategy, risk tolerance, and market condition, different kinds of orders can be more or less effective, let's see the basic ones.
- 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)
- 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)
Successful trading requires thorough preparation, ensuring every decision is well-informed and carefully considered. To develop a winning strategy, follow these key steps:
- 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
- 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
A broker's rating on TradingView is based on its clients' reviews. We ensure broker ratings reflect real user experiences by allowing reviews only from verified TradingView users with active linked accounts. Recent ratings carry more weight, providing up-to-date insights for informed decisions. This approach promotes transparency and prevents manipulation. Make sure to rate your broker to help it improve its service and assits other users in their choice.
Leverage is a mechanism that allows traders to open larger positions with a smaller amount of capital. It basically means borrowing funds from a broker, often multiplying your position size by 5x, 10x, or more. For example, with 5x leverage, a $100 deposit could open a $500 trade with your broker lending you $400 you don't have. It's a popular technique, but remember that while leverage increases potential profits, it also magnifies losses, which is why it's essential to learn how to manage risks.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
Margin trading means an investor buying an asset by borrowing the balance from a broker. It allows traders to increase their buying power, enabling larger positions with less upfront capital. While it can provide greater market exposure with less capital and amplify potential gains, it also comes with increased risks:
- 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.
- 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.
Commissions in trading are fees that brokers charge for executing trades on behalf of traders. These costs help brokers maintain their platforms, provide essential services, and ensure smooth access to financial markets.
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.
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.