Interactive Brokers General Investment Account Review
Name: Interactive Brokers General Investment Account
Description: Interactive Brokers' GIA is an excellent account for sophisticated investors who want to manage their own portfolios with complex order types. Ideal for active investors who need access to a wider range of investment products like derivatives, options, and futures. IBKR are also one of the cheapest investment platforms across all asset classes, as they were built on offering electronic discount brokerage.
Summary
- Investments: Shares, ETFs, bonds & funds
- Minimum deposit: £1
- Account types: GIA, ISA, SIPP, derivatives
- Account charge: £0
- Dealing fee: Shares £1 – 0.05%
Fees:
There is no account charge for general investment accounts at Interactive Brokers. When you buy and sell shares minimum, dealing commissions are £1 in the UK or 0.05% of the deal size.
Special Offers:
- $200 when you refer a friend to Interactive Brokers – IBKR clients can “Refer a Friend” and earn USD 200 for each qualified referral while giving their friend the opportunity to earn up to USD 1000 of IBKR stock.
Investing Platform:
Interactive Brokers’ investment platform is a slimmed down version of their exceptional desktop trader station. For investing it gives you a good overview of shares and funds.
Pros
- Excellent market coverage
- Advanced investment platform
- Low-cost investing
Cons
- Customer service can be slow
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Pricing
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Market Access
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Online Platform
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Customer Service
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Research & Analysis
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