Index Brokers

Interactive Brokers (IBKR) Indices Trading Customer Reviews & Expert Rating

The overall score out of 10 combines our expert rating out of 5 with the average customer rating out of 5.
9.5/10Excellent

Based on 1,375 customer reviews and our expert analysis

  • Experts rate Interactive Brokers highly for indices trading, highlighting its low commissions, extensive market access, and a robust platform suitable for both beginners and advanced traders. They note that while customer service can be inconsistent, the platform offers a wealth of research and analysis tools, making it a strong choice for various trading needs.
  • Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform's low fees, broad market access, and user-friendly interface. Many users appreciate the comprehensive tools and resources available, although some express concerns about the speed of customer support. Overall, the platform is seen as reliable and efficient for both novice and experienced investors.

Interactive Brokers (IBKR) Indices Trading Expert rating

Our expert rating is the average of the areas listed here, each scored out of 5 by our team.
4.9Excellent

Our experts have rated Interactive Brokers (IBKR) Indices Trading across five key areas of our review framework.

  • Pricing5.0
  • Market Access5.0
  • App & Platform5.0
  • Customer Service4.5
  • Research & Analysis5.0

Pros

  • Low commissions
  • No account fees
  • Global DMA index access

Cons

  • Customer serivce can be slow
See full expert review

Our verdict

You can trade the global stock market and synthetic on-exchange indices as either a futures contract, DMA option of equity as an ETF.

Interactive Brokers has transparent, low commissions and financing rates. Equity indices can be traded in lots as small as 1x the index level. Unlike the related futures, Index CFDs (not available in the US) do not expire, saving rollover-related costs and risks.

Is IBKR good for indices trading?

Yes, IBKR is an excellent choice for index trading. For beginners, Interactive Brokers offers a wide range of ETFs that track underlying stock market indices like the S&P 500 and Dow Jones. For more advanced traders, IBKR offers DMA index futures trading with low commissions.

Pricing: IBKR is always a cheap way to trade, one of the original discount execution only brokers.

Market Access: A huge range of on-exchange ETFs or direct market access to index futures around the world.

App & Platform: Excellent - something for everyone from beginners to hedge funds.

Customer Service: A bit hit and miss sometimes, but their AI bot can solve most issues and personal dealers for larger accounts.

Research & Analysis: A constantly updating stream of analysis and data on global indices.

Customer reviews for Interactive Brokers

Customer ratings come from reviews left on this site. Every review is read and approved before it is published.
4.6Excellent

Based on 1,375 reviews

  • Excellent74%
  • Very good14%
  • Basic7%
  • Poor2%
  • Bad2%
Read customer reviews

Best internet broker

Justine Kuhn ·

good homepage, easy to navigate, all markets available, wanted information easy to get

Very professional - for the non-professional user

Christoph Grünig ·

IBKR enables “private users” to use a truly comprehensive and powerful platform without having to pay exorbitant costs. This is shown, for example, by the fact that the provided real-time prices reach the user with virtually no delay.
The excellent customer service and the high level of security when accessing the platform (two-factor authorization) are also worth mentioning.

Exzellent

Gerhard Frei ·

Fair

Best trading platform so far

Ankit Singh Bhadauria ·

IBKR is perfect for serious investors and traders who want reliability, speed, and access to virtually every asset class. Highly recommended!

IBKR powerful system

Henry Sabiti-Macrae ·

They gave an advanced API with multiple layers of security, an expanse paper trading (practice) platform and great documentation and study guides.
Every user that registers to use thr platform has to go through a rigorous process to understand what they are getting into.

Unmatched App

Shivendra Gupta ·

Interactive Brokers app and the service being provided is very thoughtfully designed. I can easily read updates in each Ticker, directly from the Intuitive App Interface. I am warned appropriately when submitting a trade - purchase price control is there. KYC is regularly performed. Downtime is minimum and planned ones are always made known in advance.

Simplicity & Clarity

Patrick Charlin ·

IBKR is easy to use. There is no "Black zone" which could generate extra costs. Advices are also valuable.

Ibkr review ireka

Irene Kämpfen ·

Easy to use for beginners.
Clear instructions.

Good pricing

Great

Nashira Ab ·

Great

Simply the best

Luca Farei ·

By far the best trading tool on the market

parfait

Olivier Pion ·

Facile, fiable, peu de frais

exellent service and cost

ROLF H MUELLER ·

Top service and reasonable cost.

Ibkr excelent

Franciscus Prijkel ·

Esse to use platforms and good fees

Simply the best trading platform

Agostino Miele ·

Easy to use, live trading, covers all the market

Trasparent and easy

Giorgio Pasquariello ·

I find Interactive Brokers to be an excellent platform because it combines simplicity with completeness. The interface is easy to use, yet it offers all the advanced tools and features I need to manage my investments effectively.

IBKR

John Walker ·

A lot of graphs and it gives a good Überblick

Great investment platform

Tony Conophy ·

Great platform which allows me to buy and sell at the best possible prices, much better than using a corporate

Simply a Happy Client

Moreno Michael ·

Interactive Brokers have been remarkable:
- KYC and Onboarding: efficient
- Money transfer: Checked of course but not a huge pain as it can sometimes be with banks
- Easy access to many markets
- iBot provides good summaries

Could it be better? Yes. I wish we could colour code the grids or have a category. The risk reports are lacking (I have a Ph D in market finance). I also think the tools are not as intuitive as they should be.

Despite those shortcomings, I am a happy client.

Reliable

Azrin Irzal ·

It's the most reliable and reputable investing platform with a proven track record. Used by many reputable influencers too

Thé bestbery

Prodhom Marianne ·

Very good

Compare indices trading on IBKR to other index brokers below:

Index Trading PlatformIndices AvailableIndex CFDsIndex SpreadsIndex FuturesIndex OptionsMT4/5Customer ReviewsMore Info
City Index Indices Trading40✔️✔️❌✔️✔️ (Based on 125 reviews)See Platform
69% of retail investor accounts lose money
Forex.com Indices Trading40✔️✔️❌❌✔️ (Based on 21 reviews)See Platform
74% of retail CFD accounts lose money.
Pepperstone Indices Trading28✔️✔️❌❌✔️ (Based on 110 reviews)See Platform
73% of retail investor accounts lose money
Plus500 Indices Trading39✔️❌❌❌❌ (Based on 146 reviews)See Platform
76% of retail investor accounts lose money
Interactive Brokers Indices Trading13✔️❌✔️✔️❌ (Based on 1,375 reviews)See Platform
59.7% of retail investor accounts lose money
Spreadex Indices Trading30✔️✔️❌❌❌ (Based on 272 reviews)See Platform
61% of retail investor accounts lose money
IG Indices Trading80+✔️✔️✔️✔️✔️ (Based on 746 reviews)See Platform
68% of retail investor accounts lose money
CMC Markets Indices Trading80+✔️✔️❌❌✔️ (Based on 237 reviews)See Platform
68% of retail investor accounts lose money
Saxo Markets Indices Trading29✔️❌✔️✔️✔️ (Based on 137 reviews)See Platform
62% of retail investor accounts lose money
eToro Indices Trading15✔️❌❌❌❌ (Based on 283 reviews)See Platform
61% of retail investor accounts lose money
XTB Indices Trading25✔️✔️❌❌❌ (Based on 139 reviews)See Platform74% of retail investor accounts lose money

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