Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Interactive Brokers

TOP 10
www.interactivebroke..
Category: Brokers
Successful traders and investors understand that superior technology and lower trading costs can result in greater returns. For 32 years the IB Group has been building electronic access trading technology that delivers real advantages.
Filter reviews by
Page:   1 ...
Displaying 1-10 of 174 Total Reviews
Excellent for the pro trader
One of the best decisions I have made in my short trading career was to open an account with IB because it lets me trade everything without having multiple accounts. Yes, the pricing could be better, but you pay for this convenience to trade crude futures, penny stocks, and FOREX from one platform. I would recommend this for all traders, i hope this review helps.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
IconTrading45 Colorado Springs, CO

User’s Review Ratings
Overall
Tools
Customer Service
Value



Pretty good choice for the seasoned trader
IB is cheap and fast. Not so user friendly but really good value if you know how to use it.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Ok for OPTIONS
i use them for options. And its great. But only issue is the way they caluclate margins i dont understand it at all . one time i was taken out of a one side of spread which I thought was very odd. I felt i was with in the margin requirements.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Good for multiple accounts
This is the best broker if you want to trade everything from one master account. You can trade futures, forex, stocks, everything under the sun. The margins are higher, and yes the customer service is going to be like calling your cable company, but the value is that you dont need to open a ton of different accounts. Make sure you ask them about real-time data for futures because they like to start you with filtered data, but you can pay for real-time very easy too.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
EminiJeff Minneapolis, MN

User’s Review Ratings
Overall
Tools
Customer Service
Value



The best broker
Excellent commissions. Excellent execution. Good customer service. Powerful platform. Excellent margin rates. Wide variety of products.

What else can you ask?

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



too expensive and horrible service
IB is great for someone who wants everything under one roof, but you pay a steep price for that convenience.

You will pay higher margins, higher commissions, and need more money in your account if you open and account with IB.

I started trading with IB, but later closed my account and moved my accounts to brokers who focused on equities, futures, and forex.

You can trade everything with IB, but serious traders should go to brokers who can provide better fees, margins, and service IMHO.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
SemiTrader13 Mesa, AZ

User’s Review Ratings
Overall
Tools
Customer Service
Value



A company in my book is measured by its customer service
I would give 5/5 on all areas of dealing with IB, except customer service. When problems appear it is how good a company resolves them that is the measure of the suitability of their offering. I have been trying to transfer my money out of the arrangement for more than 2 years and with the exception of one example have been unable to do this. The banking dept can't sort it out, I have made 2 formal complaints which in general received the same response; ignore the points I made and provide platitudes along with a suggestion that I should consider a full service broker. What because I want to draw my own money out of the account?

I need to tell you that I am an international client the system may work flawlessly within the USA, but IB do not seem to understand international banking systems. They should seriously consider refusing international clients.

I even accepted their advice and now simply wish to close my account, can I? No it seems as they cannot get my funds into my legal bank account. Is this inability theft?

Oh and don't try and get them to accept that anything is their responsibility, each failed transfer costs me $20, Even when the transfer is checked by Customer Service, it is not their responsibilty so a refund is out of the question.

Very bad historical and ongoing experience

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Good broker
Best broker that allows direct market access.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Great borrows low fees
Have not had any problems getting borrows with these guys, great support and low fees. Minimum to open an account is a little high, but if you have the capital go with them.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Excellent service and best value
I've used IB for a year now and I only have good things to say.

Tools/ Interface - I see many comments about the complexity of IB's trading platform and the learning curve. Yes IB has a very complex and customizable trading platform called TWS, but they also offer an online trading platform called WebTrader which is extremely easy to use. One note TWS does not work behind closed firewalls, whereas WebTrader does.

Initial deposit - at $10k it's pretty high for the average guy.

Trade execution - extremely fast. I've had stop limit orders executed flawlessly as a stock was selling out and dropping like a knife. Very thankful for getting me out at my stop price.

Customer service - another area where I've seen IB get bad reviews. I have not had to deal with the customer service department much, but the time or two I did they were pretty helpful and courteous. I guess one thing to keep in mind is that I don't think IB wants rookie traders. They want people who know what they are doing and won't be on the phone twice a day wasting their time. It's the only way they keep their rock bottom fees.

Fees - lowest I've seen. If you trade frequently, daily and have a small account the $7 each way commission you pay to other discount brokers can add up quickly. IB charges pennies and I've spent many weeks testing trading ideas with IB and their low commissions helped a lot.

Security - very secure. Unlike most brokers that stop with a user name and password, IB provides you with a printed card mailed to your home of over 200 randomly generated characters unique to your account and it asks you to enter a number of these characters every time you log in. A hacker might be able to get your user name and password, but as long as your card is secure you should be pretty safe and it's the size of a credit card. I've seen people complaint bitterly about this security feature and quite frankly I can't understand why.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Page:   1 ...
Displaying 1-10 of 174 Total Reviews
Recommended For
Account
Virtual/Paper Trading
Education
Mobile
iPhone App
Android App
Mobile Site

Support
Live Chat Support
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Interactive Brokers