Yes, you can buy corporate bonds and Treasury bonds online with Interactive Brokers. However, as the majority of IBKR’s dealing services are online, there are better options for buying illiquid retail bonds. See how Interactive Brokers compare in our bond broker comparison here.
Is Interactive Brokers Good For Bond Trading?
Interactive Brokers Bond Trading Review
Name: Interactive Brokers Bond Trading
Description: Interactive Brokers offers by far the widest range of bonds to invest in. You can trade over 1 million bonds with Interactive Brokers including UK, US, and international government bonds, over 26,000 US corporate bonds and thousands of UK corporate retail bonds.
Capital at risk
Summary
- Bonds available: 1m+
- Bond dealing commission: 0.1%
- Bond account fee: £0
- Account types: GIA, ISA, SIPP
Fees: Minimum dealing commissions are £1 in the UK or 0.05% of the deal size.
Pros
- Very low dealing fee of 0.1%*
- Excellent platform
- Huge range of international bonds
Cons
- US-based
- More suited to advanced investors
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Pricing
(5)
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Market Access
(5)
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Online Platform
(4.5)
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Customer Service
(3.5)
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Research & Analysis
(4.5)
Overall
4.5How to buy US Treasury Bonds on Interactive Brokers
To buy US T-Bills on IBKR follow these steps:
- Login to the IBKR portal or app
- Click on “Research” on the main menu
- Click on “US Treasuries” (there are currency 781 bonds listed)
- Click “View Results” at the bottom of the page
- You will then see a list of US Treasuries that you can buy on Interactive Brokers (shown below)
- Click on the bond you are interested in and then “Buy” to add to your portfolio.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
