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Interactive Brokers Broker Review

Editor Editor:  Chris Cammack Updated: May 10, 2023
Author Author:  Alison Heyerdahl

Last Updated On May 10, 2023

Alison Heyerdahl
Broker Score
4.31 4.31 / 5
🏦  Min. DepositUSD 1
🛡️  Regulated By
💵  Trading Cost 
USD 5.40
⚖️  Max. Leverage50:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.

Last Updated On May 10, 2023

Alison Heyerdahl

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Our verdict on Interactive Brokers

🏦  Min. DepositUSD 1
🛡️  Regulated By
💵  Trading Cost 
USD 5.40
⚖️  Max. Leverage50:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
111115/ 5
Trading Conditions
111115/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
111115/ 5
Assets Available
111115/ 5
Customer Service
111104/ 5
Beginner Friendly
Excellent
Welcome Bonus

Account Information

Base Currencies
AUD, USD, EUR, GBP, SGD, CAD
Number of FX Pairs
115
Crypto Pairs
4
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
IBKR pro
Trading Desk
Commission
4.4 USD / lot
EUR/USD
0.10 pips
GBP/USD
0.40 pips
USD/JPY
0.20 pips
Negative Balance Protection

Company Details

Company Name
Interactive Brokers U.K. Limited
Founded
1977
Website Language
English
Support Language
English
Office Locations
USA, United Kingdom, China, Canada, Australia, India, Japan, Luxembourg

Pros

  • Well regulated
  • Low minimum deposit
  • Tight spreads
  • Wide range of assets

Cons

  • Complicated website
  • No MT4
  • MT5
  • or cTrader

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AlertMost retail CFD accounts lose money. Your capital is at risk.
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Broker Score
4.31 4.31  / 5
Site Icon Data provided by FX Scouts Kenya

Interactive Brokers Financial Regulation

Regulator License
Regulator License

Interactive Brokers Trading Cost Comparison

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