Related products Interactive Brokers. Reviewers in this section Most reviews Most helpful. DowJones 4 reviews Member. MaxiV 4 reviews Member. MaximDale 14 votes Newbie. Ranked 14 of 59 Brokers. Member reviews Add review. Oct 22, The best site for stock trading.
In my opinion, they currently are unmatched. Have tried Etrade, TDameritrade, Scottrade. Out of all the above, IB is number 1. There are a few new players out there that could do some serious damage on the market, but can't make any conclusions yet. Jan 26, strategy for trading. Have you been tossed around by cyber swindlers and scammers and above all amateur traders, making you lose money. Dec 12, poor Customer service but great spread.
Aug 03, Stuck up. I will not recommend them. Based on my experiece with customer service. If you are a trader you need to be confident that when why call your broker they will deal with your request immediately. At the account opening stage and I am not impressed at all. They feel and act like they are the best in the industry. No company grows without its client. I hope more competition will come out for the united kingdom. Luckily there are plenty out there.
Oct 31, Not great for Australian Customers. I am new customer of IB from Australia Was attracted by low fees it cheaper for me to trade ASX stock and option with IB in US than using an Australian broker However he experiences so far has been not that good - 1 Staff not very helpful mainly US support staff Asian time zone staf is good but not knowledgable on soem US products They give stock standard answers rather than understanding the question Had real difficulty gainging information on things like Singale Stock Futures most of staff had no idea - 2 High data cost The biggets problem for me as an Australian resdeint client is IB only allows CASH account no margin account I feel like I have been treated like a person from an enemy teritory!
The reason they give is Australian regulations.. Jun 16, IB maffia behaviour. IB has introduced an exposure fee. With only a weeks norice, they imposed a fee on many of their customers.
This fee is on a daily basis and based on an extreem unrealistic overnight risk scenario especially for index related products. This fee will easily tripple the cost as compared to the commissions.
It is a daily fee, that easily amounts to 20 USD a day for an average account. GdR12 Member 1 review, 0 posts 3 of 3 members found this review helpful. This is a major issue if like me, you hold those stocks and wish to transfer them over to IB from your previous broker and trade them using IB.
The platform sounded OK but a nonstarter because of this. Your broker must be able to trade the stocks you want to trade right? Why restrict the equities you can trade? Why would an International Broker do this? I note the other International broker also has the same issue. They are both unworthy until they offer a more complete list of equities. RiverMonster Member 1 review, 1 post 1 of 2 members found this review helpful.
Once you learn the platform via their webinars IB offer a great service. Original Options Trader Member 2 reviews, 27 posts 2 of 3 members found this review helpful.
Oct 11, Be careful of margin policy swings. Initially they were also going to remove margin on many ETFs and preferred stocks but have Trading on margin one of course expects to make margin calls due to the market movements but NOT due to seismic and sudden changes in the brokers own margin policy!! Better not to offer margin in the first place rather have a volatile policy. I'm a system futures trader and trade a variety of futures around the world.
IB happens to be connected to so many exchanges BUT doesn't provide us any decent list of futures from each exchange to trade. IB is connected to Sidney Futures Exchange, and give us Come on IB, are you serious? Sooner or later I'll have to change broker, not because IB isn't good overall, but just like Nokia these days, they're sleeping on the job. Prev 10 Next You need to be logged in to post reviews.More...