* Interactive Brokers earned top ratings from Barron's for the past seven years with a 4.5 star rating. March 20, 2017, March 23, 2016, March 21, 2015, March 17, 2014, March 11, 2013, March 14, 2012 and March 14, 2011 Barron's Best Online Brokers. Criteria included Trading Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Education and Security, and Costs. Supporting documentation for claims and statistical information will be provided upon request. Barron's is a registered trademark of Dow Jones & Company, Inc.
We offer lower commissions, no ticket charges; no minimums; no technology, software, platform, or reporting fees; and low financing rates, with higher loan values on portfolio margin accounts over $100K. Click below to see how our low costs compare to other brokers.
Most brokers trade against your orders or sell them to others to execute who will trade against them. The resulting poor execution probably costs you more than the commission you pay. IB SmartRoutingSM continuously searches and reroutes to the best available prices for stocks, options and combinations.
We offer the lowest margin loan interest rates of any broker, according to the Barron's 2017 online broker review. Click below to calculate your own sample margin loan interest rate.
Earn income on your fully-paid stock shares in our Stock Yield Enhancement Program. The program lets us borrow your shares in exchange for cash collateral, and then lend the shares to traders who are willing to pay a fee to borrow them. You will be paid a loan fee each day that your stock in on loan.
Our online trading platforms have been designed with the professional trader in mind:
Our suite of Option Labs and advanced online trading tools offer support to help you discover and implement optimal trading strategies. For example, our Probability Lab offers a practical way to think about options without the complicated mathematics, and the Option Strategy Lab lets you create simple and complex multi-leg option orders based on your own price and volatility forecast.
Trader Workstation (TWS) supports over 60 order types, from the most basic limit order to advanced trading to the most complex algorithmic trading, to help you execute a wide variety of trading strategies.
Real-time market-risk management and real-time monitoring provide a comprehensive measure of risk exposure across multiple asset classes around the globe and real-time data that gives you the edge you need to react quickly to the markets.
Our statements and reports include real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis, tax optimization and a variety of other supplemental reports.
From trade date to settlement date, our Securities Financing solutions provide depth of availability, transparent rates, global reach and automated lending and borrowing tools to professional traders.
Interactive Brokers Group (IBG LLC) equity capital exceeds $5 billion1. 16.6% of IBG LLC is owned by the publicly traded company, Interactive Brokers Group, Inc. and the remaining 83.4% is owned by our employees and affiliates.
Unlike other firms, where management owns a small share, we participate substantially in the downside just as much as in the upside which makes us run our business conservatively. We hold no material positions in OTC securities or derivatives. We hold no CDOs, MBS or CDS. The gross amount of our portfolio of debt securities, with the exception of US governments debt securities, is less than 10% of our equity capital.
A master account linked to individual client accounts.
Only Advisors who are exempt from registration are eligible to open a Friends & Family account. Generally, most jurisdictions require that an advisor have 15 or fewer clients in order to qualify for exemption from registration. However, registration requirements can vary among jurisdictions. For example, advisors residing in the U.S. may be required to register under either State or Federal law if they meet certain criteria (e.g., total assets under management, number of clients, whether they receive compensation, etc.).
Advisors whose Registered Independent Advisor registrations are pending or who aspire to become RIAs can open a Friends and Family Group account and then, when their registration is complete, can upgrade their account to a Registered Investment Advisor account by entering information about their securities and/or commodities registration on the Advisor Qualifications page in Account Management.
Must be 21 or older to open a margin account, 18 or older to open a cash account.
Accounts are accepted from citizens or residents of all countries except citizens or residents of those countries that are prohibited by the US Office of Foreign Assets Control. Click here for a list of available countries.
A UGMA/UTMA account is intended for a custodian of a minor who is a US resident, and is available as a Cash account only. Minimum deposit is 3000 USD or non-USD equivalent and the monthly activity fee for age 25 or younger applies. A UGMA/UTMA account is a single account with a default single user (the custodian), and up to five Power of Attorney users can be added. The minor for whom the account is opened must be a US legal resident and a US citizen.