Interactive Brokers (IB) is a reliable broker platform. It started working in the United States in 1978, and within just a few years, it became a well-established broker firm. They are currently one of the largest trading firms in the US.
You can find our transparent Interactive Brokers review below. Broker reviews are updated frequently!
We value your feedback: Rate this broker by leaving a comment and rating below this review.
IB is offering vast access to bonds, stocks, futures, options, and few primary financial instruments. In addition, Interactive Broker is a great platform for:
Furthermore, Interactive Brokers is available with two different trading accounts. One is a cash account in which you can trade with the money you already have in your account. The second is the margin account, which is used for trading on margin.
Interactive Brokers’ feed system consists of two main categories:
- Fixed Fee System
- Tiered Fee System
Trade with One of Our Top 3 Verified Brokers. Try their Risk-Free Demo Account!
A fixed fee system is a simple one in which you pay a fixed fee for each exchange. For the Swiss Stock Exchange, you have to pay around 0.10% on transactions. In the Tiered Fee system, the process is a bit complicated. You have to pay individual fees, including transaction fees, trade reporting fees, and clearing fees.
No FSCA Regulation
No ZAR Account Currency
Broker Not Verified
With Interactive Brokers, it is possible to perform withdrawals and deposits using different options. Among them are bank wire transfers, online bill payments, US Automated Clearing House, and more. IB even allows the transfer of any funds between internal accounts. The minimum deposit requirements will vary based on the account type.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst
Top 6 Broker Reviews
SmartFX Broker Review
SmartFX offers several trading options, including currency pairs, commodities,…
HD Markets Broker Review
The lack of information on the HD Markets website…
Vault Markets Broker Review
It is almost impossible to open a brokerage firm…
Regenesis Markets Broker Review
With the help of new trading technology, Regenesis Markets…
TD Markets Broker Review
Since 2015, TD Markets has been a leading forex…
Oinvest Broker Review
In 2018, Oinvest was established in Seychelles as a…