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Interactive Brokers

Broker
Traders
315.9 K
Trade
Low Trading Costs
Professional’s Gateway to the World’s Markets
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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.

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
Additional details
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

About Interactive Brokers


Publicly traded (Listed)
Regulators
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

Tools and features


Order types
Market orders
Orders to buy or sell at the current market price. Executed instantly.
Limit orders
Orders to buy or sell at a specified price or better. Executed only when the specified price is reached.
Stop orders
Orders that activates when the price reaches a certain level, after which it is executed as a market order.
Stop limit orders
A combination of a stop order and a limit order. Activates when the stop price is reached but is executed only at the specified limit price.
Order features
Order history
Access to a list of previously placed orders with details of their execution.
Execution history on the chart
Display of executed orders directly on the chart for convenient analysis.
Position features
Partial position close
The ability to close only a portion of an open position, rather than the entire position.
Reverse position
Quickly closes the current position and opens an opposing position (e.g., from long to short).
Brackets
Order brackets
The ability to attach take-profit and stop-loss orders to an order.
Order brackets modification
The ability to modify take-profit and stop-loss levels after placing an order.
Add brackets to existing order
The ability to add take-profit and stop-loss brackets to existing order.
Position brackets
Take profit and stop loss brackets support for the position.
Position brackets modification
Modifying take-profit and stop-loss levels for an open position.
Add brackets to existing position
Adding take-profit and stop-loss levels to an already open position.
Trailing stop
A dynamic stop loss that automatically follows the price of an asset by a set distance. It is used to limit possible losses and manage risks.
Other
Demo account
A virtual account for practicing trading without the risk of losing real funds.
Level 2 data
Market depth (order book), showing buy and sell orders with volume details.
AD-free trading on chart for basic plan
A clean chart without distracting ads for convenient analysis.

Frequently Asked Questions


Interactive Brokers allows to trade the following assets:
- 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)
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.
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.
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.
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:
- Stop limit orders
- Market orders
- Limit orders
- Stop 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)
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
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.
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.
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.