Is Interactive Brokers (IBKR) right for You?

Interactive Brokers, or IBKR, is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates. But IBKR also has some features everyday investors will appreciate, including a suite of excellent mobile apps. New client offer, special margin rates.

What are the drawbacks of Interactive Brokers?

The main drawback is that you can only use bank transfer. The Interactive Brokers web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches. The Interactive Brokers mobile trading platform boasts a lot of functions and a useful chatbot, but its user interface could be better.

What is the APR for Interactive Brokers pro?

Low margin rates. With an Interactive Brokers Pro account, you can access margin trading for as little as 0.75% APR for IBKR Pro. Even Interactive Brokers’ Lite account rate (a flat 2.55% no matter how much you borrow) is affordable. Tools for interactive advisors.

Is Interactive Brokers the best active trading company in 2023?

Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers. In 2023, Interactive Brokers is among Best in Class for Active Trading.