Interactive Brokers Review
How good is Interactive Brokers
!! Regulator Warning !!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Conditions
| Min Trade | USD 1 |
| Min Deposit | USD 2000 |
| Base Currencies | USD, GBP, EUR, CAD, AUD, HKD, NZD |
| EURUSD Spreads | 1.5 |
Contact Info
All Reviews
Complain: My friends in the UK are not being charg...
Complain: My friends in the UK are not being charged witholding tax on interests so why is my case different? General Impression: IBKR is a high-end full service broker and I enjoy how organized their services are.
IBKR TradingView is so glitchy and the connection ...
IBKR TradingView is so glitchy and the connection can suddenly time out when you are in the middle of a trade. The customer support is also a joke they are so bureaucratic and waste your time
I left Trading212 for IBKR because of low stock fe...
I left Trading212 for IBKR because of low stock fees but the speed of onboarding and account opening at IBKR is terrible. I am getting frustrated
Their trading platforms suck, and it is very hard ...
Their trading platforms suck, and it is very hard to reach their customer support when you run into a problem
Borrowed stocks should be displayed as per account...
Borrowed stocks should be displayed as per account currency and the fees paid should not be subject to currency conversion to make it cheaper
Interactive Brokers is a regulated trading/investment platform with no minimum deposit
| ๐จ Broker | Interactive Brokers LTD. |
| ๐จ Trading Name | Interactive Brokers |
| ๐จ Accepts SA Traders? | Yes |
| ๐ Year Founded | 1978 |
| โ Regulators | FCA UK |
| โ Firm Reference No. | 208159 |
| โ Investor Protection | FSCS |
| ๐ฐ Minimum Deposit | 2,000 EUR |
| ๐ฐ Minimum Withdrawal | 0 EUR |
| ๐ Ways To Trade | CFD, Options, Cash (you must take delivery of the underlying when trading via cash) |
| ๐ Ways To Invest | Physical Stock Delivery, Futures Contracts |
| ๐ Available Markets | Forex, Indices, Shares, Metals, Oil, Bonds, Mutual Funds, Crypto |
| ๐Leverage | 1:30 |
| ๐ป Platforms | IBKR FX Trader Desktop & Mobile |
| ๐Account Types | Margin (CFD) Account, Cash Account, Investment Account, SIPP Account (linked to your cash account) |
| ๐ฑAccount Currency | GBP, EUR,USD |
| ๐Live Support | 24/5 |
| ๐๏ธ Inactivity Fee | $0 |
| ๐ญCFD Traders Who Lose Money | 59.7% |
| โ Reason To Trade | FCA UK RegulatedNo minimum withdrawalSIPP account integrationLow spreadsYou can change account currency several times on one accountNo inactivity feesTradingViewBeginner education is goodAPI tradingDividend reinvestment program |
| โReason To Avoid | High minimum depositNo MetaTraderCustomer support is not greatOnly one free withdrawal per month |