Registration

Interactive Brokers Review 2026

Logo Interactive Brokers
7 /10
Reliable
How we tested Interactive Brokers

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Interactive Brokers Pros & Cons

  • extensive and free educational resources through the IBKR Campus;
  • access to160markets in 36 countries and territories;
  • trading in stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
  • Support service does not work on Saturday;

Interactive Brokers is among the best-known global online brokers. Based in the US, it has been operating since 1977. Interactive Brokers allows clients to trade products from 160 exchanges including stocks, option, currencies, bonds, funds and more from a single unified platform. The company is regulated by the US Securities and Exchange Commission (SEC), the US Financial Industry Regulatory Authority (FINRA), the UK Financial Regulatory Authority (FCA, 208159), and other international financial regulation commissions. Interactive Brokers has earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com,and many others. Also, the broker is popular in other countries. Here you can read reviews of Interactive Brokers in Canada, Singapore, Australia, Hong Kong, Ireland.

TU Expert Verdict

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

Interactive Brokers is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.

Interactive Brokers provides access to trading over 30,000 assets across 160 markets worldwide, including stocks, Forex, options, futures, bonds, funds, and cryptocurrencies, all from a unified proprietary platform. The broker is regulated by several Tier-1 authorities such as the SEC, FINRA, FCA, ASIC, MAS, CIRO, and the Central Bank of Ireland, and offers low spreads starting at 0.2 pips for EUR/USD and $2 per lot commission on ECN accounts. Accounts require no minimum deposit, while a robust demo environment and comprehensive educational resources are available for all clients.

Notable drawbacks include withdrawal fees, lack of MetaTrader platform support, the absence of Cent and micro accounts, and customer support that is unavailable on Saturdays. The account approval process may be lengthy, and some users may find the platform complex. Interactive Brokers is best suited for experienced or active traders who seek access to global markets and advanced features, but it may not be ideal for beginners or those who prefer simplified interfaces and immediate support.

Interactive Brokers User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
7.4 /10
264 total
  • 5-star
    21%
  • 4-star
    33%
  • 3-star
    45%
  • 2-star
    2%
  • 1-star
    0%
Avatar
Jakha.M
PRO
49 weeks ago
Germany
Interactive Brokers offers materially lower trading costs, with option contracts priced around $0.65 to open and close, which significantly improves overall profitability.

not found yet

After hitting a wall with my old "commission-free" broker, switching to Interactive Brokers felt like unlocking a professional toolkit. The cost savings are real and material to my bottom line; for instance, where I used to pay a $5.95 flat fee per trade, my options contracts now cost me about $0.65 to open and close. This super-efficient pricing makes a huge difference in my strategy of selling cash-secured puts on stocks like Ford. When I felt the US market was getting expensive, I didn't just have to sit on the sidelines. I was able to directly buy shares of Siemens on the German Deutsche Börse (XETRA) and allocate a portion of my portfolio to a Japanese ETF, all from a single account. Having access to these global markets has been crucial for diversification. And little perks like the free Morningstar reports save me hours of initial research—their $1.2 trillion estimated fair value for Apple, for example, was a great starting point for my own due diligence.

Avatar
Lilly Harry
PRO
1 year ago
PK
The ability to trade everything from stocks

none

What stands out for me with Interactive Brokers is their mobile app. I use the IBKR Mobile app a lot when I’m not at my desk, and it offers pretty much the same experience as the desktop version. The ability to trade everything from stocks to options while on the go is a huge plus. It also has features for international trading, which makes it easy for me to handle trades across multiple markets. The app’s interface is straightforward and user-friendly, allowing me to monitor my portfolio, execute trades, and even access research tools seamlessly. While it might lack some advanced charting features, it’s still one of the most versatile apps I’ve used, especially for global traders like me​

Avatar
Theme
PRO
51 weeks ago
PK
he GlobalTrader app lets me trade in over 90 different markets

not suitable for a beginner

As far as my experience is concerned with Interactive Brokers, the thing I love most is the sheer variety of markets available. The GlobalTrader app lets me trade in over 90 different markets, which is super convenient for someone like me who likes to diversify. The interface might feel overwhelming at first, especially on Trader Workstation, but once you get the hang of it, it’s extremely powerful. I also appreciate the competitive pricing and order options that help keep my trading costs low​.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    9 /10

    The trading and non-trading commissions of Interactive Brokers have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No inactivity fee
    • No deposit fee
    • Withdrawal fee applies

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of Interactive Brokers with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, Interactive Brokers’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    Interactive Brokers Standard spreads
    Interactive Brokers OANDA FOREX.com
    EUR/USD min, pips 0.2 0.1 0.7
    EUR/USD max, pips 0.8 0.5 1.2
    GPB/USD min, pips 0.5 0.1 0.9
    GPB/USD max, pips 1.5 0.5 1.4

    RAW/ECN Account Commission And Spread

    The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

    Interactive Brokers RAW/ECN spreads
    Interactive Brokers OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2 3.5 5
    EUR/USD avg spread 0.2 0.15 0.2
    GBP/USD avg spread 0.3 0.2 0.4

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with Interactive Brokers. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    Interactive Brokers Non-Trading Fees
    Interactive Brokers OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.
    Yes
    		0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.
    Yes
    		0-15 0
    Inactivity fee ($, per month) 0 0 15

  • Is Interactive Brokers Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    10 /10

    Interactive Brokers has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Tier-1 regulated
    • Negative balance protection
    • Regulated in the UK
    • Track record over 48 years
    • Strict requirements and extensive documentation to open an account
    Interactive Brokers Regulators and Investor Protection
    FCA UKFCA UK Full Name Financial Conduct Authority Country of regulation United Kingdom Investor Protection Fund Up to £85,000 Regulation Level Tier-1
    ASICASIC Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1
    NFANFA Full Name National Futures Association Country of regulation United States Investor Protection Fund No specific fund Regulation Level Tier-1
    CFTCCFTC Full Name Commodity Futures Trading Commission Country of regulation United States Investor Protection Fund No specific fund Regulation Level Tier-1
    DFSADFSA Full Name Dubai Financial Services Authority Country of regulation Dubai Investor Protection Fund No specific fund Regulation Level Tier-2
    CIROCIRO Full Name Investment Industry Regulatory Organization of Canada Country of regulation Canada Investor Protection Fund CAD 1,000,000 Regulation Level Tier-1
    MASMAS Full Name Monetary Authority of Singapore Country of regulation Singapore Investor Protection Fund No specific fund Regulation Level Tier-1
    SebiSebi Full Name Securities and Exchange Board of India Country of regulation India Investor Protection Fund No specific fund Regulation Level Tier-2
    SECSEC Full Name Securities and Exchange Commission Country of regulation United States Investor Protection Fund Up to $500,000 for SIPA members Regulation Level Tier-1
    FINRAFINRA Full Name Financial Industry Regulatory Authority Country of regulation United States Investor Protection Fund No specific fund Regulation Level Tier-1
    CBI (Central Bank of Ireland)CBI (Central Bank of Ireland) Full Name Central Bank of Ireland Country of regulation Ireland Investor Protection Fund Up to €20,000 Regulation Level Tier-1
    Interactive Brokers Security Factors
    Foundation date 1978
    Negative balance protection
    Yes
    Verification (KYC)
    Yes

  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    6.8 /10

    Interactive Brokers offers the following account options: Demo, Standard, ECN/Raw spread, Managed.

    However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

    • Demo account
    • Low minimum deposit
    • Standard account with balanced trading conditions
    • No VIP account option
    • Micro lots are not available
    Interactive Brokers account types vs top competitors
    Interactive Brokers Plus500 OANDA
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    Yes
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    Yes
    Swap Free
    No
    No
    Yes
    VIP
    No
    No
    No
    Managed
    Yes
    No
    No

    Interactive Brokers accounts trading conditions

    Types of accounts:

    Account Type Description
    INDIVIDUAL Account owned and used by a single person.
    JOINT Account owned and used by two people.
    IRA Individual Retirement Account. See IRA Account Information.
    UGMA/UTMA Account for a Custodian of a minor who is a US resident.

    In addition, Interactive Brokers offers a Paper Trading account Paper trading lets clients use the full range of trading facilities in a simulated environment using real market conditions. Clients can use this environment to learn trading features such as order types without risk, learn market dynamics in new exchanges and products, and simulate and test trading strategies. When clients use a paper trading account, they have limited access to Client Portal functions. Paper trading accounts are created within 24 hours under normal business circumstances.

    All new clients automatically receive a paper trading account with 1,000,000 USD of paper trading Equity with Loan Value, and this equity will fluctuate as if the trades had executed in the real market.

    Is Interactive Brokers Safe? An Honest Review

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    6 /10

    Interactive Brokers received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    Interactive Brokers provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • Minimum deposit below industry average
    • Low minimum withdrawal requirement
    • Wise transfers supported
    • No deposit fee
    • BTC payments not accepted
    • Withdrawal fee applies
    • USDT payments not accepted

    What are Interactive Brokers deposit and withdrawal options?

    Interactive Brokers provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Wire, Wise.

    Interactive Brokers Deposit and Withdrawal Methods vs Competitors
    Interactive Brokers Plus500 OANDA
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    PayPal
    No
    Yes
    Yes
    Wise
    Yes
    No
    No
    BTC
    No
    No
    Yes

    What are Interactive Brokers base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Interactive Brokers supports the following base account currencies: USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, CZK, DKK, HKD, HUF, ILS, MXN, NOK, PLN, SGD, SEK, CNH.

    What are Interactive Brokers's minimum deposit and withdrawal amounts?

    The minimum deposit on Interactive Brokers is $0, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Interactive Brokers’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    9 /10

    Interactive Brokers offers a wider selection of trading assets than the market average, with over 30000 tradable assets available, including 100 currency pairs.

    • Crypto trading
    • Indices trading
    • Passive income with bonds
    • Copy trading not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by Interactive Brokers with its competitors, making it easier for you to find the perfect fit.

    Interactive Brokers Plus500 OANDA
    Currency pairs 100 60 68
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 30000 2800 129
    Stocks
    Yes
    Yes
    Yes
    Commodity futures
    Yes
    Yes
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    Yes
    Yes
    Yes
    Stock indices
    Yes
    Yes
    Yes
    Options
    Yes
    Yes
    No

    Investment options

    We also explored the trading assets and products Interactive Brokers offers for beginner traders and investors who prefer not to engage in active trading.

    Interactive Brokers Plus500 OANDA
    Bonds
    Yes
    No
    Yes
    ETFs
    Yes
    Yes
    No
    Copy trading
    No
    No
    Yes
    PAMM investing
    No
    No
    No
    Managed accounts
    Yes
    No
    No

  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at Interactive Brokers by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    8 /10

    We successfully registered an account with Interactive Brokers in 30 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at Interactive Brokers is $0. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fully online account opening process
    • Low minimum deposit requirement
    • Account approval may require extra time depending on the documentation.
    • Registration process may take longer than expected
    Interactive Brokers account opening
    Interactive Brokers Plus500 OANDA
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $0 $100 $0
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 30 10
    KYC time (days) 3 3 3

    Is Interactive Brokers available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    Open a trading account to become a client of the company and start trading with Interactive Brokers. Read more about the registration and functionality in your personal account below.

    • To get a rebate, register on the Traders Union website, follow the referral link to the broker's page, and click on the "Open an account" button.

    • Choose the account that fits you.

    • Complete the application to open an account. Enter your email address, full name, country of residence, and create a password to enter.

    • The next step is registration confirmation. Find a letter from the broker in your mailbox and click the "Confirm Application" button.

    • To complete your registration, enter your login and password in the appropriate input.

    • Now select the structure of the account you wish to open.

    • Fill out the profile fields, including contact information, personal information, identification, professional experience, source of wealth, account information, and confidential matters.

    • All fields are mandatory. After you specify all the data requested by the broker, your application shall be sent for consideration. This procedure takes several days, so you won't be able to start trading immediately.

    • If your application is approved, you’ll get access to your personal account, where the following functions are available:

      • Depositing and withdrawing funds..
      • All your accounts that you manage..

    Additionally, you now have access to:

    • training materials;
    • quick connection to customer support;
    • statistics for the members of the referral program.

  • Trading platforms & tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria
    8 /10

    Interactive Brokers received a score of 8/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.

    • Trading bots (EAs) allowed
    • One-click trading
    • API access for automated trading
    • Proprietary platform with unique features
    • No access to MetaTrader
    • No access to Free VPS
    • No access to cTrader and its advanced tools.

    Supported trading platforms

    Interactive Brokers supports the following trading platforms: TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Interactive Brokers’s platform availability with that of top competitors to assess its relative market position.

    Interactive Brokers Plus500 OANDA
    MT4
    No
    No
    Yes
    MT5
    No
    No
    Yes
    cTrader
    No
    No
    No
    TradingView
    Yes
    Yes
    Yes
    Proprietary platform
    Yes
    Yes
    Yes
    NinjaTrader
    No
    No
    No
    WebTrader
    Yes
    Yes
    Yes

    Key Interactive Brokers’s trading platform features

    We also evaluated whether Interactive Brokers offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

    Supported features
    2FA
    Yes
    Alerts
    Yes
    Trading bots (EAs)
    Yes
    One-click trading
    Yes
    Scalping
    Yes
    Supported indicators 219
    Tradable assets 30000

    Additional trading tools

    Interactive Brokers offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

    Interactive Brokers trading tools vs competitors
    Interactive Brokers Plus500 OANDA
    Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
    Yes
    No
    No
    API
    Yes
    No
    Yes
    Free VPS
    No
    No
    Yes
    Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.
    No
    No
    Yes
    Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.
    No
    No
    Yes

  • Mobile Apps

    Score:
    This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria
    7.5 /10

    Interactive Brokers supports mobile trading, offering dedicated apps for both iOS and Android. Interactive Brokers received a score of 7.5/10 in this section, indicating a generally acceptable mobile trading experience.

    • Indicators supported
    • Strong Android user ratings, currently at 4.8/5
    • Supports mobile 2FA
    • Mobile alerts not supported

    We compared Interactive Brokers with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

    Interactive Brokers Plus500 OANDA
    Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 1,000,000 10,000,000 1,000,000
    App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.6 4.7 4.8
    Google Play score 4.8 4.4 3.4
    Mob. 2FA
    Yes
    Yes
    Yes
    Mob. Indicators
    Yes
    Yes
    Yes
    Mob. Alerts
    No
    Yes
    Yes

  • Customer Support

    Score:
    We evaluated Customer Support at Interactive Brokers by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    6.5 /10

    Customer support at Interactive Brokers is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. Interactive Brokers provides basic support functionality but does not stand out in overall service performance.

    Information

    The company offers online chat services to current clients 24 hours a day, Monday through Friday, and from 1 to 7 PM Eastern Time on Sundays in the US.

    Contacts
    Foundation date 1978
    Registration address One Pickwick Plaza, Greenwich, CT 06830 USA
    Regulation SEC, FINRA, SIPC, FCA, NSE, BSE, SEBI, SEHK, HKFE, IIROC, ASIC, CFTC, NFA Licence number:
    208159, 453554, CMS100917
    Official site https://www.interactivebrokers.co.uk/
    Contacts 00800-42-276537,+41-41-726-9500, +44 207-710-5695

Best Interactive Brokers Alternatives

Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
7.2 /10
Regulation Tier-1
EUR/USD 0.1 pips
Trading.com USA
Logo Trading.com USA
Trading.com USA
6.2 /10
Regulation Tier-1
EUR/USD 0.9 pips
FOREX.com
Logo FOREX.com
FOREX.com
7.1 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
7 /10
Regulation Tier-1
EUR/USD 0.6 pips

Interactive Brokers Video Guides

of

FAQs

How safe is Interactive Brokers in terms of regulation and investor protection?

Interactive Brokers has a safety score of 10/10 and is described as having a high security level, supported by multiple Tier-1 regulators such as the FCA (UK), ASIC, NFA, MAS, SEC, FINRA, CIRO, and the Central Bank of Ireland. Investor protection schemes mentioned include up to £85,000 under the UK FCA, CAD 1,000,000 under CIRO, up to €20,000 under the Central Bank of Ireland, and up to $500,000 for SIPA members under SEC oversight, and the broker also provides negative balance protection and mandatory KYC. The company was founded in 1978, indicating a long operational history, while some regulators listed do not have specific investor compensation funds noted in this section.

What do reviews say about Interactive Brokers’ commissions and fees?

According to this section, Interactive Brokers’ overall fee level is rated 9/10, with low forex trading fees, tight EUR/USD spreads, and no deposit or inactivity fees. For Standard accounts, EUR/USD spreads typically range from 0.2 to 0.8 pips and GBP/USD from 0.5 to 1.5 pips, while RAW/ECN accounts show an average EUR/USD spread of 0.2 pips and GBP/USD of 0.3 pips plus a $2 per lot commission. A withdrawal fee is indicated, but the exact amount is not specified in the review.

What types of trading accounts does Interactive Brokers offer and how are they reviewed?

Interactive Brokers provides Demo, Standard, ECN/Raw spread, and Managed accounts, but does not offer Cent, Micro, Swap Free, or VIP accounts, and this mix is rated with a safety score of 6.8/10. The broker is noted for a low minimum deposit, demo access, and tight-spread ECN accounts, while the absence of Cent and VIP accounts is highlighted as a disadvantage. Additional structures such as Individual, Joint, IRA, and UGMA/UTMA accounts, plus a paper trading account with simulated $1,000,000 equity, are also described in this section.

What feedback is available on the range of markets and tradable assets at Interactive Brokers?

This section states that Interactive Brokers offers over 30,000 tradable assets, including 100 currency pairs, and receives a markets and assets safety score of 9/10. Available instruments include stocks, commodity futures, cryptocurrencies, stock indices, options, bonds, ETFs, and managed accounts, while copy trading and PAMM investing are not supported. The review notes that this asset selection is wider than the market average but does not provide detailed user comments on specific instruments.

How do reviews describe the account opening process at Interactive Brokers?

The account opening process at Interactive Brokers is fully online, with a minimum deposit of $0, and is rated with a safety score of 8/10 in this section. Registration took 30 minutes and KYC verification 3 business days in the described test, and the review notes that approval may take several days depending on documentation. The steps include completing detailed personal and financial information, confirming registration by email, and then gaining access to funding, withdrawals, training materials, and support once the application is approved.

Articles that may help you

Editorial Team

Top 5 companies for you
United States
United States
  • Afghanistan Afghanistan
  • Albania Albania
  • Algeria Algeria
  • Angola Angola
  • Argentina Argentina
  • Armenia Armenia
  • Australia Australia
  • Austria Austria
  • Azerbaijan Azerbaijan
  • Bahamas Bahamas
  • Bahrain Bahrain
  • Bangladesh Bangladesh
  • Belarus Belarus
  • Belgium Belgium
  • Bolivia Bolivia
  • Botswana Botswana
  • Brazil Brazil
  • Brunei Brunei
  • Bulgaria Bulgaria
  • Cambodia Cambodia
  • Cameroon Cameroon
  • Canada Canada
  • Chile Chile
  • China China
  • Colombia Colombia
  • Congo Congo
  • Costa Rica Costa Rica
  • Cote d'Ivoire Cote d'Ivoire
  • Croatia Croatia
  • Cuba Cuba
  • Cyprus Cyprus
  • Czechia Czechia
  • DR Congo DR Congo
  • Denmark Denmark
  • Dominican Republic Dominican Republic
  • Ecuador Ecuador
  • Egypt Egypt
  • El Salvador El Salvador
  • Estonia Estonia
  • Eswatini Eswatini
  • Ethiopia Ethiopia
  • Finland Finland
  • France France
  • Georgia Georgia
  • Germany Germany
  • Ghana Ghana
  • Greece Greece
  • Haiti Haiti
  • Hong Kong Hong Kong
  • Hungary Hungary
  • India India
  • Indonesia Indonesia
  • Iran, Islamic republic Iran, Islamic republic
  • Iraq Iraq
  • Ireland Ireland
  • Israel Israel
  • Italy Italy
  • Jamaica Jamaica
  • Japan Japan
  • Jordan Jordan
  • Kazakhstan Kazakhstan
  • Kenya Kenya
  • Korea Korea
  • Kuwait Kuwait
  • Kyrgyzstan Kyrgyzstan
  • Laos Laos
  • Latvia Latvia
  • Lebanon Lebanon
  • Lesotho Lesotho
  • Libya Libya
  • Lithuania Lithuania
  • Luxembourg Luxembourg
  • Madagascar Madagascar
  • Malaysia Malaysia
  • Malta Malta
  • Mauritius Mauritius
  • Mexico Mexico
  • Moldova Moldova
  • Mongolia Mongolia
  • Montenegro Montenegro
  • Morocco Morocco
  • Mozambique Mozambique
  • Myanmar Myanmar
  • Namibia Namibia
  • Nepal Nepal
  • Netherlands Netherlands
  • New Zealand New Zealand
  • Nigeria Nigeria
  • North Macedonia North Macedonia
  • Norway Norway
  • Oman Oman
  • Pakistan Pakistan
  • Palestine Palestine
  • Panama Panama
  • Papua New Guinea Papua New Guinea
  • Paraguay Paraguay
  • Peru Peru
  • Philippines Philippines
  • Poland Poland
  • Portugal Portugal
  • Puerto Rico Puerto Rico
  • Qatar Qatar
  • Reunion Reunion
  • Romania Romania
  • Rwanda Rwanda
  • Saudi Arabia Saudi Arabia
  • Serbia Serbia
  • Singapore Singapore
  • Slovakia Slovakia
  • Slovenia Slovenia
  • Somalia Somalia
  • South Africa South Africa
  • Spain Spain
  • Sri Lanka Sri Lanka
  • Sweden Sweden
  • Switzerland Switzerland
  • Syria Syria
  • Taiwan Taiwan
  • Tajikistan Tajikistan
  • Tanzania Tanzania
  • Thailand Thailand
  • Trinidad and Tobago Trinidad and Tobago
  • Tunisia Tunisia
  • Turkey Turkey
  • UAE UAE
  • Uganda Uganda
  • Ukraine Ukraine
  • United Kingdom United Kingdom
  • United States United States
  • Uruguay Uruguay
  • Uzbekistan Uzbekistan
  • Venezuela Venezuela
  • Vietnam Vietnam
  • Yemen Yemen
  • Zambia Zambia
  • Zimbabwe Zimbabwe
  • Forex
  • Crypto
Our experts ranked the top companies offering competitive trading conditions in your country.
Table of Contents
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org https://gdpr.eu/ GDPR World Association of News Publishers