59.7% of retail investor accounts lose money when trading CFDs with this provider
- Good Money Guide experts rate the Interactive Brokers Investing App highly, noting its excellent market coverage and advanced investment platform, which are particularly beneficial for both novice and experienced investors. The app offers low-cost investing with no account charges, but some users may find customer service challenging to contact.
- Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently highlight the platform's low fees, extensive market access, and advanced trading tools. However, some users express concerns about the complexity of the platform and slower customer support response times.
Interactive Brokers Investing App Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Interactive Brokers Investing App across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- Online Platform5.0
- Customer Service4.0
- Research & Analysis5.0
Pros
- Excellent market coverage
- Advanced investment platform
- Low-cost investing
Cons
- Customer service can be hard to contact
See full expert review
Our verdict
Interactive Brokers' (IBKR's) GlobalTrader app is an excellent choice if you're just starting out (as it is so cheap) but it can become more sophisticated as your portfolio grows and you want to access more advanced investment products. You can access thousands of markets around the world and have a wide range of investing tools. A good choice for most types of investors.
Capital at risk
How may apps does Interactive Brokers (IBKR) have?
IBKR also has two other apps, which are both good - IBKR Mobile for experienced traders and IMPACT for ethical investors.
Fees
There is no account charge for general accounts at IBKR. When you buy and sell shares, minimum dealing commissions are £1 in the UK or 0.05% of the deal size.
Special Offer
$200 when you refer a friend to Interactive Brokers. IBKR clients can earn $200 for each qualified referral while giving their friend the opportunity to earn up to $1,000 of IBKR stock.
What is the App Like to Use?
Customer reviews for Interactive Brokers
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,375 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
What customers like
- Low fees and competitive pricing
- User-friendly platform
- Fast execution and reliability
What customers dislike
- Poor customer service
- Confusing account management
- Slow response times
Read customer reviews
Useful
Useful overview of Interactive Brokers’ strengths and trade-offs: low costs, broad global market access, and advanced tools stand out, while platform complexity and slower customer support for some smaller clients are worth considering. The article’s 4.6/5 customer rating is helpful context alongside the risks of CFD trading. More details are available in the Bestecision review: https://bestecision.com/review/interactive-brokers-review
good
information
Yes, I'm just wait to see how they perform
Digital Crypto currency, stock exchange, trading and stock market
Informative
All the information is so easily accessible for beginner investors like myself.
Simple & Best Price
Nice Interface and very good Prices in General...also easy to use.
Excellent
Excellent mobile platform for trading global markets
Complete
Very broad, stable and cost efficient
Value
They provide a comprehensive service, which they are constantly improving and enhancing. Excellent value for money and sophisticated functionality. I'm constantly finding new resources to help with my investment decisions and risk management.
Quickly & easy
Answer/ trasnfers
Best
Fast and easy execution
professional
great value for money
Outstanding
The level and quality of service is above and beyond any other 'broker' operating in the UK. Most others call themselves brokers but don't have direct market access and so are, in reality, merely platforms: agents that push orders to other brokers. The result is a poor service, bad execution quality and a negative impact on investment returns. Additionally, the Interactive Broker platform is in a league of its own.
If you want an analogy, Interactive Brokers is like driving a Ferrari, while the competition are still using bicycles!
Reliable
Is reliable and diversified
Professional
Customer support is excellent. The app are clunky but work well. I used them for personal investments.
World class trading
'- Multi-currency account
- Worldwide trading
- Sophisticated 24h real-time trading system
- Easy to use client interface
- FX trading
- Favorable fees, commissions and interest rates
- Powerful reporting tools
- Broad range of investment products
- Fair deal execution
- Comprehensive worldwide market information
- Client focus - Fantastic value for money
Organised
They are very clear and sympathetic in encouraging good practice were proper risk management is concerned.
Value for money
Excellent rates
Confusing customer service
My experience with IBKR customer service fell short of my expectations and the response time was excessively long.
Their customer service representatives appear to copy-paste responses without much care.
Security
Provides several investment instruments.
Cheap and complete
IBKR shows really good prices and provide more details and better record-keeping than other providers.
- Expert opinion: Interactive Brokers (IBKR) full review