IBKR offers the lowest commissions and access to stocks, options, futures, currencies, bonds and funds from a single unified platform. If an exchange provides a rebate, we pass some or all of the savings directly back to you. Other research providers available to all clients include Zacks Investment Research, Morningstar Equity Ownership, Market Realist, 24/7 Wall Street and TheStreet. More than 100 additional providers are also available by subscription.

• We do not widen spreads, apply hidden fees or markup quotes.
• Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses.
• Graphic is for illustrative purposes only and should not be relied upon for investment decisions.
• Our new Client Portal homepage provides a streamlined view of your account that includes all of the information you need.
• An options strategy lab lets you create and submit both simple and complex multileg options orders and compare up to five options strategies at one time.

An app that makes it easy to put your money where your heart is. Download to your iOS or Android device and find and invest in companies that share your values, options or cryptocurrencies. When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses. Spot market opportunities, analyze results, manage your account and make better decisions with our free trading tools.

In November of 2021, Interactive Brokers launched its IMPACT app, a values-focused trading application offering a mobile version of the Impact Dashboard described above. It has been rated positively by both Android and iOS users. The retirement-investor set will be happy with the broker’s impressive list of no-transaction-fee mutual funds — over 18,000 in all, above and beyond the vast majority of the broker’s competitors. If you’re a casual investor, it’s hard to beat the free trades you’ll enjoy with IBKR Lite. But even advanced traders who opt for IBKR Pro will like the low stock and ETF commission structure at Interactive Brokers, which favors frequent, high-volume traders at just $0.005 per share.

Introducing Brokers

In March of 2022, Interactive Brokers introduced an additional app, IBKR GlobalTrader. It’s aimed at global investors and lets investors trade stocks on more than 80 exchanges in North America, Asia and Europe. IBKR GlobalTrader is also available for both Android and iOS users. Unfortunately, it has received mixed reviews from both groups.

Interactive Brokers has long been a popular broker for advanced traders, but in 2019, the company launched a second tier of service — IBKR Lite — for more casual investors. With IBKR Lite, you get unlimited free trades of stocks and exchange-traded funds that are listed on U.S. exchanges. The investing information provided on this page is for educational purposes only.

Choose the Best Account Type for You

Our statements and reports cover real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis, tax optimization https://forex-review.net/ and more. And if you need trade surveillance support, we may be able to help. No markups are applied if the client calls IBKR to close a trade.

IBKR EventTrader lets investors use event contracts to trade their opinion on yes-or-no questions in key markets. Award winning platforms for every investor from beginner to advanced on mobile, web and desktop. Low commissions with no added spreads, ticket charges, platform interactive brokers fees, or account minimums. Quickly see your new messages, notifications, and FYIs, or contact client services with the notification center. Easily place orders, manage open orders, and view recent trades from any page in the Client Portal with the slide-out trade ticket.

Try Client Portal Today

Client markups by introducing brokers are limited to 15 times IBKR’s highest tiered rate plus external fees. Charge markups to clients based on IBKR stock borrow rates, entered as a variable or fixed percentage of our borrow rate. You can enter both types of markups and our system will apply the markup rate that results in the larger total amount. Easily maintain different fee schedules for multiple client accounts.

Full white branding and custom website creation services. Available currencies vary by Interactive Brokers affiliate. Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).

Options involve risk and are not suitable for all investors. For more information read the Characteristics and Risks of Standardized Options, also known as the options disclosure document . Alternatively, please contact IB Customer Service to receive a copy of the ODD. Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page. Trading on margin is only for experienced investors with high risk tolerance. For additional information about rates on margin loans, please see Margin Loan Rates.

Get Started Trading

NerdWallet’s ratings are determined by our editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Easily trade global stocks, options, ETFs, mutual funds and crypto from your iOS or Android device . Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility. Manage taxes and corporate actions, learn about T+1 settlement and trade allocations, and read about additional tools and services available to clients.

All fees, commission and interest owed to the broker are first sent to the broker’s Master account and then swept nightly to the Proprietary Account for Broker-Dealers. Find third-party, institutional-caliber research providers and access research directly through Trader Workstation . Apply client fee schedules to individual accounts or store them in templates. Low commissions starting at $02 with no added spreads, ticket charges, platform fees, or account minimums.

Fully Disclosed Brokers provide their clients with customer service and marketing. Broker clients can electronically trade or the broker may input trades for the client. The Investors’ Marketplace lets individual traders and investors, institutions and third-party service providers meet and do business together.

This influences which products we write about and where and how the product appears on a page. Here is a list of our partners and here’s how we make money. From our easy-to-use Excel API to our industrial strength FIX API, we offer something for every experience level. Our TWS API is well-supported with numerous examples to help you get started. From our easy-to-use Excel API to our industrial strength FIX API, we offer APIs for every experience level.

But both IBKR Lite and IBKR Pro traders seeking something more powerful can now enjoy access to Interactive Brokers’ Desktop Trader Workstation, which is considered one of the best trading platforms available for advanced traders. The broker also offers tiered pricing to lower rates even more. Investors who trade up to 300,000 shares a month can pay $0.0035 per share; tiered rates based on trading volume go as low as $0.0005 per share for clients who trade more than 100 million shares a month. Exchange and regulatory fees are extra on this plan. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor.

Spot market opportunities, analyze results, manage your account and make informed decisions with our free advanced trading tools. Understand risk vs. returns with real-time market risk management and monitoring that provides a comprehensive measure of risk exposure across multiple asset classes around the world. We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The final output produces star ratings from poor to excellent .

Zacks Trade charges higher trade commissions, but offers clients free calls with support reps who are licensed brokers. It’s an option worth considering for traders who want the power of Interactive Brokers’ trading platforms alongside a bit more personal support. Invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform. Fund your account in multiple currencies and trade assets denominated in multiple currencies. Access market data 24 hours a day and six days a week. Interactive Brokers For You notifications offer customized alerts about events that could affect a trader’s investments.