Interactive Brokers
Compliant- FCA
- ASIC
- SFC
- MAS
- FSCA
- CBUAE
- Overall Score
- 9.2/10
- Min Deposit
- $0
- Max Leverage
- 1:50
- EUR/USD Spread
- 0.2 pips
- Trading Platforms
- Trader Workstation (TWS), Web Trader, IBKR Mobile, API
- Withdrawal Speed
- 1-3 business days
Overview
Interactive Brokers (IBKR) is one of the largest electronic brokers in the world, founded in 1978. Listed on NASDAQ, it provides access to over 150 markets in 33 countries, offering the lowest commissions in the industry across stocks, options, futures, forex, bonds, and funds.
Basic Information
- Company Name
- Interactive Brokers
- Founded
- Headquarters
- United States
- Official Website
- https://www.interactivebrokers.com
- Instruments
- Forex, CFD, Shares, Options, Futures, Bonds, ETFs, Mutual Funds, Commodities, Indices
- Account Types
- Individual, Joint, Corporate, IRA
Regulation
Regulatory licenses and compliance status of this broker
-
FCAVerifiedFCA · License Number FRN 208159
Global Top-Tier
Highest Regulatory Level
-
ASICVerifiedASIC · License Number AFSL 245574
Global Top-Tier
Highest Regulatory Level
-
SFCVerifiedSFC · License Number AEI803
Global Top-Tier
Highest Regulatory Level
-
MASVerifiedMAS · License Number CMS100705
Global Top-Tier
Highest Regulatory Level
-
FSCAVerifiedFSCA · License Number FSP 47455
Regional Regulation
First-Tier Regulation
-
CBUAEVerifiedCBUAE
Regional Regulation
First-Tier Regulation
Trading Conditions
Trading Conditions
- Max Leverage
- 1:50
- EUR/USD Spread
- 0.2 pips
- Execution Type
- DMA
- Trading Platforms
- Trader Workstation (TWS), Web Trader, IBKR Mobile, API
- Account Types
- Individual, Joint, Corporate, IRA
Deposits & Withdrawals
Deposit Methods
- Bank Transfer
- Credit/Debit Card
Deposit Speed1-2 business days
Deposit FeeFree
Withdrawal Methods
- Bank Transfer
Withdrawal Speed1-3 business days
Withdrawal FeeFree (1 per month)
Scoring Details
Regulatory QualificationWeight 30%
9.5
Trading EnvironmentWeight 20%
8.5
Fund SafetyWeight 15%
9.5
User ReputationWeight 15%
9.2
Platform FeaturesWeight 10%
9.3
Customer ServiceWeight 10%
8.0
Pros & Cons
Pros
- Industry-leading low commissions
- Access to 150+ markets in 33 countries
- Powerful TWS platform with advanced tools
- Direct Market Access execution
- Strong regulatory oversight worldwide
Cons
- Complex platform may overwhelm beginners
- Limited leverage for forex trading
- Customer service response times can be slow
- No bonus or promotional offers
