After having placed over 2,000 trades in his late teens and early 20s, he became one of the first in digital media to review online brokerages. For example, it allows fractional stock trades in an easy-to-use and intuitive layout. You can download and use any of the three, but which you'll use the most will depend on your specific focus while trading. Most individuals will likely be better off choosing IBKR Lite, but it’s easy to switch between them as your needs evolve. IBKR Pro is for larger trades and higher volume traders and also charges lower margin rates.

Raising target price to $72.00

IBKR has many beginner-friendly features, such as fractional shares, paper trading, and simplified mobile apps. Rather than embedding it into the trading platform as I find at other smaller brokerage firms, which can create compliance headaches, Interactive Brokers smartly tied it to the educational content. PortfolioAnalyst lets me see how my portfolio stacks up against a benchmark, breaking down performance drivers like stock picking, sector allocation, or market timing. The experience felt tailored across the experience, thoughtful, and completely aligned with modern investors’ values.

Interactive Brokers Group Inc IBKR:NASDAQ

Imagine pulling in insights on your five best and worst-performing holdings, market news, and macroeconomic trends almost instantaneously instead of an hour of research. IBKR’s Tax Optimizer is designed for the tax-sensitive investor. For multi-leg options strategies, the strategy builder paired with advanced order types, including algorithmic orders, made execution effortless. The platform supports up to eight charts at once, all of which can be edited on the fly. Interactive Brokers’ MultiSort Screener takes stock screening to the next level by letting users assign custom weightings to each selection criteria.

How do the fees at Interactive Brokers compare to other brokers?

Jessica focuses on investor education and brokerage industry research. Jessica Inskip is Director of Investor Research at StockBrokers.com, bringing 15 years of experience in brokerage and trading strategy. This price reflects trading activity during the overnight session on the Blue Ocean ATS, available 8 PM to 4 AM ET, Sunday through Thursday, when regular markets are closed. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.

MultiSort redefines that approach with both a qualitative and quantitative lens. Plus, the Impact dashboard assigns your portfolio an A-F grade based on your chosen values. Even better, the "swap" feature lets you adjust your portfolio in one click to align with your values. You choose what matters most to you, such as clean energy or opposition to animal testing, and the app curates companies that align with those priorities. You can even set up recurring investments directly in the app.

Interactive Brokers Review

Interactive Brokers sets the standard for investment offerings, leading the industry with access to more than 150 markets in over 200 countries. Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on StockBrokers.com. We evaluate features important to every kind of investor, including beginners, casual investors, passive investors, and active traders. For advanced traders who, like me, crave institutional-grade tools and data, Interactive Brokers feels like stepping into a professional’s playground.

• Want to optimize your taxes or measure your portfolio’s Sharpe ratio, standard deviation, alpha, beta, or even correlation?
• If you’re looking for flexible cash management features or traditional banking options, this is not the broker you’d want to pick.
• To score Customer Service, StockBrokers.com partners with customer experience research firm Confero to conduct phone tests from locations throughout the United States.

Our research team meticulously collected data on every feature of importance to a wide range of customer profiles, including beginners, casual investors, passive investors, and active traders. Jessica focuses on investor education and brokerage industry research, appears regularly on CNBC, Bloomberg, The Schwab Network, Fox Business, and Yahoo! Finance, and hosts the Market MakeHer podcast. From their industry-leading margin rates to their robust trading platform, IBKR has something for every serious investor. When researching markets, investors often lean toward either fundamental or technical analysis, but I’ve found that a healthy balance between the two yields the best results.

That said, the impact is minimal — just a few pennies per $1,000 traded — so retail investors shouldn’t lose sleep over it. With growing adoption by other brokerages, liquidity is improving which is an essential ingredient for what makes a market. While it might sound like an added benefit for domestic night owls, it’s actually a significant advantage for global traders. Check out StockBrokers.com's picks for the best stock brokers in 2025.

• These tools allow you to hedge against event risk, like inflation or election outcomes.
• We carefully track data on margin rates, trading costs, and fees to rate stock brokers across our proprietary testing categories.
• Interactive Brokers’ Traders’ Academy is a comprehensive education hub covering everything from beginner investing basics to advanced trading strategies.
• For advanced traders who, like me, crave institutional-grade tools and data, Interactive Brokers feels like stepping into a professional’s playground.
• MultiSort redefines that approach with both a qualitative and quantitative lens.

Research Reports: IBKR

In addition, the company provides custody, prime brokerage, securities, and margin lending services.

Earnings Trends: IBKR

For others, the fee is either 1.5% of the trade value or $14.95, whichever is less — still better than most brokers. This is much less than the rates charged by other prominent brokers like Fidelity or Charles Schwab. High-volume traders can drive costs down to a low $0.0005 per share.

Pros & cons

The financials are beautifully presented with YoY changes and trends, while the Analyst Forecasts section offers everything needed to gauge future performance. This research hub goes beyond static reports by allowing readers to comment and engage with other traders, making it a dynamic community for sharing insights. Personally, I prefer an extensive database like this.

Fractional shares, foreign stocks, and even options trading are available, all in a beautifully simple interface. This mobile experience makes it easy to manage sophisticated https://forex-review.net/interactive-brokers/ strategies on the go, rivaling many desktop platforms. Interactive Brokers’ flagship mobile app puts professional-grade tools at your fingertips with its fully-loaded Toolbox feature. Speaking of trade tickets, this was one of the most advanced stock trade tickets I’ve seen on a mobile app. IBKR Mobile is hands-down one of the most comprehensive mobile trading apps I’ve tested.

While StockBrokers.com has all data verified by industry participants, it can vary from time to time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. At StockBrokers.com, our reviewers use a variety of computing devices to evaluate platforms and tools. Blain Reinkensmeyer, co-founder of StockBrokers.com, has been investing and trading for over 25 years.

Trader jobs

The market data on this page is currently delayed. Compete on price, speed, size, diversity of global products and advanced trading tools. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios.

IBKR also offers features and pricing that few others can match. To score Customer Service, StockBrokers.com partners with customer experience research firm Confero to conduct phone tests from locations throughout the United States. If you’re looking for flexible cash management features or traditional banking options, this is not the broker you’d want to pick.

Financial Highlights

If you’re an advanced trader looking for a platform that truly speaks your language, this is your space. The IBKR platform screams "professional trader" in every way. Want to optimize your taxes or measure your portfolio’s Sharpe ratio, standard deviation, alpha, beta, or even correlation? Select to analyze similar companies using key performance metrics; select up to 4 stocks. It serves institutional and individual customers through electronic exchanges and market centers.

Stocks, funds, fixed income, forex, options, futures and so much more are all here, supported by comprehensive tools that elevate portfolio management to an institutional grade. From my perspective, these tools have enormous potential when used thoughtfully, much like options trading. Then there are prediction markets, the newest product emerging in the self-directed investing space. For the global investor, even cryptocurrency trading is available, with some of the lowest costs in the industry.

IBKR also offers a variety of cryptocurrency futures and ETF products through regulated exchanges like CME and Bakkt if derivatives are more your style. IBKR Lite is the zero-commission tier for retail brokers at Interactive Brokers. Other brokers might come across as friendlier, but IBKR delivers on substance if you can overcome the learning curve. The broker’s investor education covers a broad range of topics and lets you test your newly acquired knowledge through quizzes.