Interactive Brokers

About Interactive Brokers

Interactive Brokers is a US brokerage giant founded in 1978 and headquartered in Greenwich, Connecticut, United States. Publicly listed, it provides access to more than 150 markets across 30-plus countries and is known for low commissions and one of the industry's deepest product ranges.

The firm is regulated across many top-tier jurisdictions, holding authorisations from the US SEC, FINRA and CFTC, the UK's FCA, Canada's CIRO, Australia's ASIC, the Monetary Authority of Singapore (MAS) and the Central Bank of Ireland (CBI) — placing it among the most heavily supervised and best-capitalised brokers in the world.

Markets are available through Trader Workstation, IBKR Mobile and IBKR GlobalTrader, covering stocks, options, futures, forex, bonds, ETFs and metals. FX pricing is commission-based, with interbank spreads from around 0.1 pip plus a low per-trade commission, and there is no minimum deposit. Leverage reaches up to 1:50 on US forex and 1:30 for EU/UK retail clients, while equities and other assets use margin-based leverage set by regulation.

Interactive Brokers suits active, sophisticated and professional traders who value breadth of markets and low costs over beginner-friendly simplicity, given Trader Workstation's steep learning curve. It carries a FinPip rating of 4.6 out of 5.