59.7% of retail investor accounts lose money when trading CFDs with this provider
- Experts commend Interactive Brokers for its exceptional Direct Market Access (DMA) services, highlighting its access to over 30 exchanges and competitive commission rates ranging from USD 0.25 to 0.85 per contract. The platform is rated highly for its pricing, market access, and advanced trading tools, although limited phone support is noted as a drawback.
- Across 1374 user reviews on Good Money Guide, averaging 4.6/5, customers frequently praise the platform's low fees, comprehensive service, and user-friendly interface. Many users appreciate the fast execution of trades and the extensive range of investment options available. However, some users express dissatisfaction with customer service response times, indicating a need for improvement in support.
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 Direct Market Access across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- App & Platform5.0
- Customer Service4.0
- Research & Analysis5.0
Pros
- Lots of exchanges
- Low commission
- Excellent platforms
Cons
- Limited phone support
See full expert review
Our verdict
IBKR offers direct market access to 30+ market centres with low commissions from USD 0.25 to 0.85 per contract and a trading platform with advanced order execution types and futures tools.
Is Interactive Brokers good for Direct Market Access trading?
Yes, Interactive Brokers has one of the best DMA offerings for professional traders. IBKR offer direct market access to the most exchanges at the lowest cost of all the brokers we compare.
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 1,374 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Seamless
Very user friendly and seamless to use
Best
#1
Best of the best
Fundamental research
Best trade platform
Best company for beginners to experties too.
Best platform
IB is the best platform out there for investing and trading us stocks.
Best all in one investment and trading platform
Have been using IBKR over 7 years. Secure, reliable and easy to use platform. Had good experience with the customer support team
Best terms in the industry
Excellent for buy and hold as well as for trading
The best availability and worst transfer fees
All good unless the fees for transfers and exchange which is a panic for short terms and small amounts investment
The Best Broker
I’ve been using Interactive Brokers in 2 countries, the transition from a different country to UAE region was seamless and trading stocks and Options cannot be easier with IBKR. They are globally recognized and anyone who means day trading as a real profession requires IBKR.
Comprehensive platform for investment
Amazing platform and easy to use. Easily manage online and through a secure app. Wish I had started years ago but never too late!
Simply the best!
Fantastic platform; ease of use; low charges
Great App
Low fees, great support, easy to use. Great investment app.
I don't write enought well in english
I don't write enought well in english
Great value and trustabilty
IBKR is the best broker I could found!
Perfect
Perfect for non professionals investors.
Very cheap currency conversions
IBKR provides very competitive forex conversion rates, probably the best in the market.
Easy to use
Their website is easy to navigate and give great information regarding the various ETF's that I buy.
VERY HAPPY CLIENT
EXCELLENT SERVICE WITH VERY FAIR PRICING. LOOK NO FURTHER
Low cost
Reliable, professional, low cost, high reputation
Best internet broker
good homepage, easy to navigate, all markets available, wanted information easy to get
Compare DMA on Interactive Brokers to other direct market access trading platforms below:
| DMA Trading Platform | DMA Markets | DMA CFDs | Futures | DMA Options | Customer Reviews | More Info |
|---|---|---|---|---|---|---|
 | 20,000 | ✔️ | ✔️ | ✔️ | (Based on 1,374 reviews) | See Platform 59.7% of retail investor accounts lose money |
 | 12,000 | ✔️ | ✔️ | ❌ | (Based on 746 reviews) | See Platform 68% of retail investor accounts lose money |
 | 9,000 | ✔️ | ✔️ | ✔️ | (Based on 137 reviews) | See Platform 62% of retail investor accounts lose money |
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 The Sunday Times, 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.
