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Interactive Brokers

DESCRIPTION
Successful traders and investors understand that superior technology and lower trading costs can result in greater returns. For 32 years the IB Group has been building electronic access trading technology that delivers real advantages.

DETAILS

Stocks:
.005/share min 1.00 OR max .5% of trade value
Options:
.70/contract min 1.00
Futures:
2.40/contract
Forex:
spread + 20 per 1Mil min 2.50
Minimum:
10,000
Interest:
1.68% - 0.00%
TAGS


RATINGS BREAKDOWN
5-Star       (36)
4-Star       (26)
3-Star       (8)
2-Star       (3)
1-Star       (5)
 
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Displaying 1-5 of 78 Total Reviews

Best broker for everything

I have been with IB for 3 years already and am a very happy client. Commissions are the fairest industry-wide and execution is rapid. What makes me most proud is that I have access to basically every market in deepest corners of this world! Will stay with them for years to come.

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cheap, reliable, fast!! BEST BROKER !!!

Commissions : Cheapest .Easy to average down.
Opening $$$ : $10,000 is minimum which can be lot for beginner traders. so you be better off with Scottrade or something in this case.(Scottrade minimum is $500)
Execution : Fast . Love it .
Short Selling : Always have share to short of most companies. way better than any other brokers. Pink sheets too.
Platform : Confusing @ First. Once you get used to it..it Piece of cake and awesomeee!!!
IPHONE App : I just love to trade while traveling . Easy to access and trade.
Customer Service : its not bad . i wish they had local branches.
Charting : it's Weak compared to TOS or TD but again lots of free sites offer great charting services so not worried about charting at all.

OVERALL, IB IS BEST !!!! You won't regret my advice so go ahead buy it and improve your trading. [[ Commissions affect your trading ..1-2 dollar in and out is awesome and don't be a hero and buy 1000 shares of any company unless you know what you're doing.]]









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2 of 2 people have found this review helpful.

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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
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Does the job great

Cheap and good fills. BEST thing about them is averaging up and down in and out of trades. Only $1 commission, so legging in and out is pain free. Whereas trading with scottrade or tdameritrade you're paying a minimum of $14 - $20 to get in and out of a trade. Now that I'm using IB I can buy 25 shares, another 25, another 50, leg out 50 at where i think is the top, observe for resistance or break through, and continue trading without worrying about commissions eating up my profits.

Charts aren't great, maybe I'm spoiled by ThinkorSwim's charts. TOS has the best charts and studies I've experienced, but their customer service is horrible and lately(since May merger with TD) they have been getting everything wrong. But this is an Interactive Broker's review!

Really great options chains, nice simple clean platform. Was very confusing at first but after a week I realized it was very simple and easy to use. Also you can just call them and they'll help you sort things out. Once you have the platform set up how you like it and options chains set to your favorite view as default, it's a cake walk to use.

I don't use automated trading, and I think its so annoying, but I've heard IB is good for algo's and ninjatrader auto trading. I am totally against that stuff, maybe I'm old school. Leave it to the big machines. I'm Paul Bunyon, maybe they'll beat me at chopping but May 6th 2010 is an example of what happens when machines are left to run things.

Really good alerts system also, for catching stock prices while you're on the move or living life, and can choose to have them sent to you by text message. Quick flow from time of alert to message on phone, which beats time of any other broker I've used. Almost instant.

Also they have a great iphone app. I believe they are working on apps for other smartphones.

GREAT security measures. I have no fears when using IB at free wi-fi areas.

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2 of 2 people have found this review helpful.

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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
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Best for shorting

If your looking to short smaller cap stocks these guys are the best around.

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among the best! and so cheap! great value

It's hard to not like IB. They're among the best, without a doubt. You can trade stocks for $0.40 per 100 shares, or less! My friend trades with IB and gets PAID to trade because he gets more rebates from ECNs than he pays IB in commissions! They're great! Not to mention that Interactive Brokers is the forerunner in connectivity and plugins. They are required for so many third-party services it's not even funny, like covestor.com. Anyway, their platform is good... a second-place runner to Tradestation. Their commissions are great. Their security is top-notch, with the card-based login, and it even helps with your discipline! (Leave your card at home? Can't trade today. Perfect.) Interactive Brokers is great. Top-notch brokerage with direct-access trading commission rates and excellent customer service. Highly, highly recommended. Explore their features and enjoy!

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1 of 1 people have found this review helpful.

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Displaying 1-5 of 78 Total Reviews
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