Interactive Brokers does appear to offer competitive pricing; however, it is difficult to make a precise comparison as Interactive Brokers does not publish its average spreads for forex. That said, we were able to obtain average spreads during Q3 2024 for the EUR/USD at IBKR: 0.19 pips, or ...
While both brokers offer their own version of smart or advanced order routing, a direct comparison is tough here because of the lack of standardized data. Overall, theprice improvementandpayment for order flow(PFOF) stats suggest IBKR does it better, but the broker also caters to larger traders...
Interactive Brokers (IB) is a well-established brokerage firm (a broker) from the United States. IB was founded in 1978 already. Today, Interactive Brokers is a huge brokerage company. They are the largest electronic brokerage firm in the United States. They are also leading the forex broker...
Read our in-depth Interactive Brokers review for 2025. Explore features, fees, platforms and customer support to determine if the broker is right for you.
Forex trading at IBKR is designed for transparency and low cost: Commissions:IBKR charges commissions based on trade size, typically ranging from 0.08 to 0.20 basis points (bps) of the trade value. This model ensures tight spreads and lower costs compared to many retail forex brokers. ...
The Good:The Interactive Brokers mobile app probably has more features than any other broker app out there. You can exchange forex, futures, and much more. The Bad:The complaint about this broker has always been… the number of complaints. In fairness, they are trying to troubleshoot and an...
Interactive Brokers offers a robust selection of investments. You'll find your standard stocks, bonds, and mutual funds. But you'll also find ETFs, options, futures, crypto, and forex selections as well. They also offer fractional shares, where you can buy a portion of stock you can afford...
Interactive Brokers offers more funding options than just about any other broker we review. Some, like snail mail, can take a week or more, but others, such as wire transfers, can settle in less than a day. Once your funds settle (Interactive Brokers doesn't offer insta...
If you intend to trade forex, check out our comprehensive Interactive Brokers forex review focusing primarily on this market at our sister site, ForexBrokers.com.Then there are prediction markets, the newest product emerging in the self-directed investing space. These tools allow you to hedge agai...
Interactive Brokers Desktop MetaTrader 4 Platform The broker does not offer theMT4 platform, which is a popular choice among retail forex traders. Instead, IBKR provides its platforms, such as Trader Workstation and IBKR Desktop, which offer various trading tools and features suitable for professional...