Interactive Brokers LLC Review

4.3/5

A global multi-asset broker listed on NASDAQ (IBKR).

Regulated by SFC
Forex
Award-Winning Mobile App
24/7 Customer Support
Interactive Brokers LLC

Licenses & Regulation

Interactive Brokers LLC is regulated by multiple tier-1 financial authorities, ensuring the highest standards of client protection and operational transparency.

SEC

N/A (CIK: 0000922792)

Broker-Dealer Registration

Regulated

FINRA

CRD#: 36418

Broker-Dealer Membership (SRO Registration)

Regulated

FCA

208159

Investment Firm Authorization

Regulated

ASIC

453554

Australian Financial Services Licence (AFSL)

Regulated

MAS

CMS100917

Capital Markets Services License

Regulated

Reputation & Trust

Buildings

Established Institution

49 years in business

Trading Platforms

Interactive Brokers LLC offers a comprehensive suite of trading platforms to suit different trading styles and preferences, from professional desktop applications to convenient mobile solutions.

Interactive Brokers TWS

Desktop & Mobile

Popular
  • Expert Advisors
  • Custom Indicators
  • One-click Trading
  • Advanced Charting

Trading Instruments

Access over 3,100 trading instruments across multiple asset classes with competitive spreads and deep liquidity.

Microsoft Corporation

Stocks instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Microsoft Corporation

Apple Inc.

Stocks instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Apple Inc.

SPDR S&P 500 ETF Trust

ETF instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

SPDR S&P 500 ETF Trust

Bitcoin / US Dollar

Crypto instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Bitcoin / US Dollar

Euro / US Dollar

Forex instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Euro / US Dollar

Gold / US Dollar

Commodities instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Gold / US Dollar

U.S. 10 Year Treasury Note

Bonds instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

U.S. 10 Year Treasury Note

Payment Options & Fees

Minimum Deposit

$0 (Practical min. depends on bank)

Payment methods

Min. Withdrawal

$0 (1st free/month, then $10 fee)

Payment methods

Commission

$0.005 per share / $2 min per Forex order

From account types

Max Leverage

1:4 (Stocks) / 1:30 (Forex)

From account types

Deposit Methods

Bank Wire Transfer
FreeInstant
Min. deposit$0 (Practical min. depends on bank)
Min. withdrawal$0 (1st free/month, then $10 fee)
ACH Transfer (US Only)
FreeInstant
Min. deposit$0
Min. withdrawal$0 (1st free/month, then $1 fee)
SEPA Transfer (EU Only)
FreeInstant
Min. deposit$0
Min. withdrawal$0 (1st free/month, then €1 fee)
Wise (TransferWise)
FreeInstant
Min. deposit$0 (Subject to Wise balance limits)
Min. withdrawal$0 (1st free/month, then Wise fees)
Check (Cheque)
FreeInstant
Min. deposit$0 (US banks only)
Min. withdrawal$0 (1st free/month, then $4 fee)
Direct Bank Instructions
FreeInstant
Min. deposit$0
Min. withdrawal$0
Internal Transfer
FreeInstant
Min. deposit$0 (Between IBKR accounts)
Min. withdrawal$0

Available Account Types

Choose from 3 account types designed to meet different trading needs and experience levels, from beginner-friendly standard accounts to professional ECN trading.

Most Popular

Interactive Brokers Pro (Global)

Min. Deposit:$0 ($2,000 for Margin)
Commission:$0.005 per share / $2 min per Forex order
Max Leverage:1:4 (Stocks) / 1:30 (Forex)
Key Features
  • Lowest Margin Rates (Benchmark + 0.5% to 1.5%)
  • SmartRouting for price improvement
  • Access to TWS and IBKR APIs
  • Higher interest on idle cash (Benchmark - 0.5%)
  • No inactivity fees
  • Fractional shares
  • Portfolio Margin (for qualifying accounts)
  • Over 150 global markets
Professional

Interactive Brokers Lite

Min. Deposit:$0
Commission:No Commission (US Stocks/ETFs)
Max Leverage:1:4 (Stocks intraday)
Key Features
  • $0 Commission on US Stocks & ETFs
  • Simplified trading tools (IBKR GlobalTrader/Mobile)
  • No account minimums
  • Lower interest on cash (Benchmark - 1.5%)
  • Fixed pricing for non-US assets
  • Access to IBKR Desktop
  • Best for casual investors
Professional

IBKR Individual / Joint Account

Min. Deposit:$0 ($2,000 for Margin account)
Commission:Depends on chosen model (Pro or Lite)
Max Leverage:1:1 (Cash) / 1:4 (Margin)
Key Features
  • Full asset range (Stocks/Options/Futures/Bonds/Forex)
  • Multi-currency management
  • Real-time reporting
  • SIPC protection (up to $500k)
  • Integrated tax reporting tools
  • 2FA security
  • Investment Plans for automated ETF investing

Customer Support

Live Chat Support
24/5
Response: < 1 minuteLanguages: 15 languages
Phone Support (Global Lines)
24/5
Response: < 1 minuteLanguages: 15 languages
Secure Message Center
24/5
Response: < 1 minuteLanguages: 15 languages
Email Support
24/5
Response: < 1 minuteLanguages: 15 languages
Help Center / Knowledge Base
24/5
Response: < 1 minuteLanguages: 15 languages

Multilingual Support

English, Chinese, Spanish, French, German, Italian, Japanese, Korean, Portuguese, Russian

Trading Tools & Education

Educational Resources

Trading Academy

50+ video courses for all levels

Daily Market Analysis

Expert insights and trade ideas

Economic Calendar

Real-time economic events

Trading Calculators

Pip, margin, and profit calculators

Free VPS Service

For automated trading strategies

Weekly Webinars

Live sessions with market experts

Overall Rating

4.3/5
Excellent Broker

Category Breakdown

Regualtion & Trust4.5/5
Costs, Spread, and Fees4.5/5
Platforms & Tools4.5/5
Deposit & Withdrawal3.5/5
Account Options4/5
Customer Support4.5/5

Similar Brokers

Compare Interactive Brokers LLC with other top-rated brokers

No similar brokers found.

Key Takeaways

  • ProTrader is a well-regulated, trustworthy broker suitable for both beginners and professionals

  • Competitive pricing with transparent fee structure

  • Excellent platform variety and trading tools

  • Strong focus on client protection and regulatory compliance

Frequently asked questions

Yes. Interactive Brokers is one of the most highly regulated brokers in the world, supervised by top-tier regulators including SEC (US), FINRA, FCA (UK), ASIC (Australia), and MAS (Singapore).