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
Super professional
Ease of use, clear terms and conditions, perfect execution
Exceptional Trading Platform
Multiple trading platforms, a wide range of both US and International products, efficient back-end operations, and competent KYC
Easy and clear online platform
The best online platform I have tried in use in the uae.
Best trading and investing platform
Fast, transparent and effective platform
Good investment platform
has global presence, trusted broker and lot of research analysis, options and tools within the platform
Smooth
I have been trading over the last 1 year with IBR and It has been a smooth experience so far.
Class
Very proffessional and efficient
Efficient
Its analysis and order transmission platform is highly intuitive and facilitates efficient operation, thereby avoiding unnecessary costs.
The most versatile platform
I have used Interactive brokers for four years now. It has offered every thing to allow me to invest for the long-term. I have never felt pressured to be pulled in and trade on a whim or gamble my money away. The platform is informative even if it is hard to navigate sometimes. I have never felt limited by the offerings they provide and never had a reason to doubt the safety of my account and money
Advanced, Comprehensive, and Easy to Use
I have used four online brokers before. Interactive Broker is by far the best on several grounds where others have failed. In no particular order, the following are the reasons why I prefer Interactive Brokers:
1. Clarity of information: Anything I need to know about a company or my positions in it, I can see or otherwise find easily
2. Comprehensive coverage: Any instrument I look for, they have it
3. Inexpensive: Commissions are reasonable
4. Easy to use: Be it the website platform or the more advanced software or the mobile app, the platform is easy to use for trading, observing, reporting, and satisfying KYC and compliance requirements
5. Straightforward and comprehensive external interfacing - from sending cash in or out to interaction with accounts with other brokers, it is easy to use, secure, and fast
Small commission, good application, nice unterface
I use IB for last three years and there were no any issues that I can notice while investing.
Continuous legacy
The best investment platform in the world
Best platform
Low cost, FIDC insured, multi-product, user-friendly platform
Global market access for all
A suite of professional-level financial products and services is now accessible to all participants, eliminating legacy intermediaries and saving customers on fees.
great
No problem since 2022.
Simple & Robust
Excellent platform, consistently delivering day in day out.
Easy to operate
I find IBKR website easy to operate and review my holdings. The App is also friendly and easy to use.
Best professional broker
For me IBKR is the most reliable and most professional broker in the market. Real access to all exchanges worldwide. Supply of real assets and market data, not just funny CFD copies and inhouse pricing like so many fake brokers out there. Very low fees. Wide range of powerful trading platforms supplying even professionals with all the necessary functionality, workflows and customization options.
Best international trading firm
Platform is user friendly and provide in-depth analysis of the companies.
Investing made easy
Simple set up, transparent and informative dashboard
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.
