Connection keeps dropping. Logging in and staying connected for several hours is impossible. Cannot recommend.
Not persistent. Stop loss orders cancel after leaving the app (made me lose a lot of money!). Session expires and need to login again (annoying).
The only reason I use it is because it's the only way (since September 2025) to trade certain assets (e.g. Taiwanese stocks) with a Swedish ISK (which is extremely favorable for tax reasons) The UI/UX of IBKR is an atrocity so horrible it's dangerous: Not only does the app keep logging me out, it's also impossible to achieve certain elementary tasks without using two devices at the same time. The reliance on codes via email is atrocious and does not work: The horrible UI/UX logs me out simple because I am switching between email and IBKR app.
Laggy with trades and data, and it's missing TP/SL addition once an order is filled. As a broker they're good, but integration with TradingView is poor.
I registered with this company over a month ago, however I continued using my other brokers for trading. I decided to transfer funds into this account today so I could trade all products on one platform, only to receive an error that my financial information needed to be updated. I tried updating the information online, however I continued receiving an error. I contacted customer service, was on hold for 45 minutes before speaking with someone, who then placed me on hold for an additional 15 minutes. He was rude, and unhelpful. I explained to him I could not update my information as required to proceed with using the broker and he continued telling me I updated it today which is why I could not update again. That made no sense, considering I didn't update anything due to an error message I received. He then had the audacity to ask why I was needing to update my financial information because he didn't see why anything could change in a little over a month. Where or how I get my assets is absolutely none of his concern and I believe that was incredibly unprofessional of him. Everything happens just as it's supposed to and I'm grateful for this negative encounter as it has helped make my decision to use another broker. Based on other reviews, I think I just may have dodged a bullet.
I have been using IBK for 2 months now. Put in over $25K in my account so I would only use my own money. I have made three trades on the same stock and the blocked me from making any more trades. They have ultimately stopped me making money. I will be closing my account and moving to another broker. When you deposit your money you can't use it for about 10 days. Moving to Schwab that does not block my trades. Don't Use them!
It is trader friendly and of course for pros, for beginners they ought to be extra careful when placing orders
The security is overbearing. Logs you out A LOT.
Doesn’t work with trading view . Hard to navigate. Won’t let me close my account
Still seems a little glitchy, and doesn't integrate well with TradersPost. But it's functional for my purposes. Trades enter and exit if you have the proper settings checed.
Easy for newcomer to use.
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 limit orders
- Market orders
- Limit orders
- Stop 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.