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Interactive Brokers

Broker
Ratings
33.4 K
Traders
285.1 K
Publications
1
Trade
Overview
Reviews Publications
Low Trading Costs
Professional’s Gateway to the World’s Markets
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Reviews


shdwknght

Excellent fees. Trading tools too complicated. Overwhelming. Which is why you're better off just using Tradingview through the IBKR API.

IBKRBroker

Thank you so much for the feedback! We appreciate you noting our excellent fees, and we understand that our trading tools can feel overwhelming and complicated. We'd recommend trying our campus site, which has helpful tutorials, guides, and interactive ways to learn about our platform:
interactivebrokers.com/campus/. This should help make our trading tools more accessible and easier to navigate. We hope this improves your experience with us!

nilesh_ahinave

It is great platform but the commissions are high.

IBKRBroker

Interactive Brokers is regularly recognized as a leading, low-cost broker. Our brokerage platform provides its clients with advanced trading technology and access to stocks, ETFs, options, futures, bonds, funds, and more on over 150 markets worldwide.

You can take a look at our commission structure here: (interactivebrokers.com/en/pricing/commissions-home.php)

gwkiger3

Can not trade Forex Spot thru Tradingview

IBKRBroker

Thank you for taking the time to reach out. We cannot discuss account details on this forum. Please reach out to reviews@interactivebrokers.com for assistance with your Forex Spot trading setup through TradingView.

custom50ford

Glitches repeatedly making it impossible to scalp. Probably just a nuisance for most folks who trade longer term charts. Shame in IBKR for forcing people to a 3rd party charting / trading application because their tools are cumbersome and lack many standard features provided by others and then not allowing the 3rd party app to fully integrating this with their software (e.g. can't trade account groups).

ddigg

Drops service a lot. Charging more for in and out fees than advertised. Have to log back in over and over

IBKRBroker

Interactive Brokers is regularly recognized as a leading, low-cost broker with transparent fees. Our brokerage platform provides its clients with advanced trading technology and access to stocks, ETFs, options, futures, bonds, funds, and more on over 150 markets worldwide. You can take a look at our commission structure here: (interactivebrokers.com/en/pricing/commissions-home.php).

elsrqf

The platform is disconnect frecuently and it's working intermittent. And now my account by Trading View is not working.

IBKRBroker

Thank you for contacting us regarding your connection issues. To ensure your privacy and provide the best support, we’re unable to discuss specific details on this forum. Please email us directly at tradingviewsupport@interactivebrokers.com with as much information as possible, so our team can investigate further and assist you promptly. We appreciate you're understanding and look forward to getting this sorted for you!

Migcrypto

New to Interactive Brokers, seems like great security, but it annoys me that I select things to trade on Trading View, connect my account, but when I to to buy, a popup window comes up saying I can trade this on Trading View using Interactive Brokers (XRP/ US Dollar, Gold, etc.)! When you connect Interactive Brokers account to Trading View, there should be a clear indicator what can be trading or not on the connected Interactive Broker account before selecting and going through the trouble.

IBKRBroker

We're sorry for your poor experience with the TradingView integration. We understand the frustration with not knowing which instruments are tradeable through the connection before attempting to place orders. For specific issues with TradingView integration or available trading indicators, please contact tradingviewsupport@interactivebrokers.com.

crh5925

Connectivity issues paired with trading view. Definitely not smooth

IBKRBroker

Thank you for contacting us regarding your connection issues. To ensure your privacy and provide the best support, we’re unable to discuss specific details on this forum. Please email us directly at tradingviewsupport@interactivebrokers.com with as much information as possible, so our team can investigate further and assist you promptly. We appreciate you're understanding and look forward to getting this sorted for you!

rsupertrade

Avoid trading sub-$1 stocks on their Lite plan. The fees are ridiculous — they literally charged more in fees than the trades were worth. I called and emailed multiple times and nobody could give me a straight answer. They for some reason can only provide you with a giant fee at the end of the month and won't provide breakdowns of the "OTHER FEES." Support doesn’t respond, and their legal wording feels intentionally unclear. I’m honestly shocked at how bad the customer service is. Thankfully this was just a test account, because this is not a platform I’d trust with real money.

OllieNCS

If you're broke use them, if not, run! They have the worst API connection (you can't even see stop loss and take profit on TradingView unless you go through the whole process of making the order the hard way and stuff jumps around for no reason at all. If you hit the buy/sell button, you're on your own! No stop loss or take profit to be found...), so don't expect to execute lighting fast trades here. It can't happen, you have to make shortcuts, workarounds, etc. They also charge you, if you were on replay and didn't sign out and they don't care. IBKR answers their phones like you are a nuisance and try to blame you for every problem you are having. For instance on this platform, I've read a few of the reviews and they're asking you to study more? Like you're having problems because you're the idiot instead of being a little self aware and noticing that everyone's giving them horrible reviews. Isn't the common denominator them? But I digress... They don't attempt to empathize or understand. They know you're broke, so they take your money and that's it. It's for us degens only... Also, they make you jump through a whole bunch of unecessary hoops! They do have the lowest fees, but you will pay! Just in other ways. Other platforms are so easy to use and customer service is so great, but the FEES... I guess you do get what you pay for, until AI takes over and everything is all the same slop. LOL. In the end, the best way to summarize is: look at their last and only post in the ideas section above. It's from LITERALLY 2 years ago. That's how much they care. I rest my case... By the way, I wasn't even planning on doing this review, but they keep on harassing me, so here it is!

IBKRBroker

Thank you for your detailed feedback. We understand your frustration with the API connectivity, TradingView integration, and customer service experience. Please reach out to reviews@interactivebrokers.com with your account details so our team can review your specific technical issues and work toward a better experience.

olliejones619

Set up an account with them to spot trade. But it wont let me sport trade Forex unless I have a margin account which I dont qualify for

IBKRBroker

Thank you for your feedback. We understand this can be frustrating, please reach out to our support team at interactivebrokers.com/en/support/contact.php, who can explain the specific account requirements and help explore what trading options may be available to you.

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
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


Regulators
CFTC
+1
Website
www.interactivebrokers.com
Community
ibkr
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.
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.
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.
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.
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.
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.
No, Interactive Brokers doesn't impose any withdrawal fees on its clients.
No, Interactive Brokers doesn't have any deposit fee.
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
Interactive Brokers allows the following order types:
- Stop limit orders
- Market orders
- Stop orders
- Limit orders
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.
Yes, you can place bracket orders with Interactive Brokers.
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 fin 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
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.