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Interactive Brokers

Greenwich, USA · SEC (United States), FINRA (United States), SFA (Singapore), FCA (UK), ASIC (Australia)

Created Jul 1, 2026 · Updated Jul 18, 2026

☆ 0.0 · 0 reviews

Commission

Free (Lite)

Platforms

5

Min Deposit

$0

About Interactive Brokers

Interactive Brokers (IBKR) was founded in 1977 and is regulated by the SEC, FINRA, SFA, and other global agencies. It offers two commission structures: IBKR Lite with $0 commission on stocks and ETFs, and IBKR Pro with fixed ($0.005/share) or variable ($0.0005–$0.0035/share) pricing. The broker provides access to over 170 markets in 29 currencies via platforms including Trader Workstation (desktop), IBKR Mobile (iOS/Android), and web-based trading, supporting stocks, ETFs, options, futures, mutual funds, bonds, forex, and CFDs. The minimum deposit is $0 for most account types. As of mid-2026, IBKR executes approximately 4.37 million trades daily and serves clients from over 200 countries.

Pros

+$0 commission on stocks and ETFs via IBKR Lite
+Access to over 170 markets in 29 currencies
+Advanced Trader Workstation (TWS) desktop platform
+Low margin rates (4.14%–6.14% as of 2025)
+Support for 20+ account types including individual, institutional, and advisory

Cons

-Steep learning curve for Trader Workstation
-No direct crypto trading (only crypto futures and CFDs)
-Interface can feel outdated for beginners
-No interest paid on balances below $10,000
-Limited educational content compared to beginner-focused brokers

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