59.7% of retail investor accounts lose money when trading CFDs with this provider
- Good Money Guide experts highlight that Interactive Brokers' General Investment Account (GIA) is tailored for sophisticated investors, offering access to a wide range of investment products including derivatives and options. The platform is noted for its low-cost structure, with no account charges and minimal dealing commissions, making it one of the cheapest options available. However, slow customer service is mentioned as a drawback.
- Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform's low fees, broad market access, and advanced trading tools. Many users appreciate the ease of use and comprehensive service, while some express concerns about the complexity of the platform and occasional delays in customer support responses.
Interactive Brokers General Investment Account 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 General Investment Account across one key area of our review framework.
- Excellent5.0
Pros
- Excellent market coverage
- Advanced investment platform
- Low-cost investing
Cons
- Customer service can be slow
See full expert review
Our verdict
Interactive Brokers’ (IBKR's) GIA is aimed at sophisticated investors, and offers access to derivatives, options, and futures. The platform is one of the cheapest across all asset classes. Capital is at risk.
Is IBKR's GIA a Good Account?
IBKR's GIA is its “universal account” that lets you invest in all asset classes via shares, CFDs, futures, options or funds.
The account is excellent for sophisticated investors who want to manage their own portfolios with complex order types. It's ideal for active investors who need access to a wider range of investment products like derivatives, options, and futures. IBKR is also one of the cheapest investment platforms across all asset classes, as it was built on offering electronic discount brokerage.
Fees
There is no account charge for general investment 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 Offers
IBKR clients can earn $200 for each qualified referral while giving their friend the opportunity to earn up to $1000 of IBKR stock.
What is IBKR's Platform Like to Use?
The investment platform is a slimmed-down version of its exceptional desktop trader station. For investing it gives you a good overview of shares and funds.
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
5/5
Pros:
Trading
Cons:
Cheaper
5/5
Pros:
Excellent app. Treats retail like a deep pockets fund. I just love
Cons:
Everything
4/5
Pros:
Access to wider markets
Cons:
Better fills
5/5
Pros:
The huge variety of products and markets available
Cons:
Hard to say they are excellent
5/5
Pros:
Range of products and price
Cons:
Access to customer service
1/5
Pros:
No positive things about it
Cons:
Allow a user to invest
5/5
Pros:
Trading
Cons:
Electronic account reporting
5/5
5/5
Pros:
Wide range of investments.
Cons:
Improve mobile applications
5/5
Pros:
Access to vast numbers of securities
Cons:
Allow access to funds before the clearing period
4/5
Pros:
Low fees for stocks
Cons:
Fees for ETFs are too high
5/5
Pros:
Full real time view of investments
Cons:
Comparison graph
4/5
Pros:
Low fees
Cons:
Make the apps better and bug free!
5/5
Pros:
Portfolio & margin positions are readily available and easy to follow.
5/5
Pros:
extensive product range, great information
Cons:
usage of the tools requires some experience
5/5
Pros:
Easy interface, low fees
4/5
3/5
Pros:
out of hours trading
Cons:
Be more reliable, better customer support, cheaper currency conversions
4/5
5/5
Pros:
Fees
Cons:
Platform is sometimes hard to use
- Expert opinion: Interactive Brokers (IBKR) full review