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

IBKR

Mohamed Hamed ·

I’ve had a good experience with Interactive Insurance Brokers with the platform giving full access to many options for the US stocks

frequency and quality of improvement has taken IBKR further ahead of the pack

Ramon Bernardo ·

i noticed IBKR improving its Trading Platforn - IB Trader Work Station frequently and it keeps getting better and better.

Great and Valuable guidance

Karthikeyan Rajasekaran ·

Research based guidances are provided without considering any own benefits

ibkr is all in on trading platform

Ahmed Nehro ·

with 3 platforms differs in experience level it is best for all trading activity

Investing is simple

Marika Paschoud ·

There is no minimum investment and the costs of investment are very low, so my profits will be bigger

Best Broker Ever

Francisco Macias ·

I have been using IBKR for 7 years and will use it for the rest of my life. They helped achieved my financial independence which is priceless

Great Platform

Andreas Kolb ·

Interactive Brokers is a great platform to invest in many markets worldwide. It is fast, works well and competitive in its fee structure

Solid and comprehensive service

Burnett Graeme ·

Everything I wanted from a trading platform

Best Trading App

Buehler Markus ·

Very good trading app. Easy to learn and easy to trade. Has all it needs

Very Happy Customer

Fahd Nait Ali ·

I’ve been using Interactive Brokers for my trading and investing, and I’m genuinely happy with their service. The platform is robust, reliable, and transparent, offering access to a wide range of markets and instruments that few other brokers can match.

I especially appreciate their competitive fees and tight spreads, which make a real difference for active traders. The research tools, charting options, and order execution speed are excellent, and I’ve always found the system stable even during volatile market sessions.

Their customer service has also been responsive and professional whenever I needed support. It’s clear that IBKR is focused on providing value to serious investors and traders.

Overall, I highly recommend Interactive Brokers for anyone looking for a professional-grade trading platform. They’ve earned my trust, and I look forward to continuing my journey with them.

Safe & Big

Lalit Gujar ·

Very safe and biggets platform for investment in global ETF.

Accessibility

Carlotta Grimaldi ·

Low fees, variety of services

Best Rates.

Alexey Nesterov ·

Very good and reliable broker. Beside wide choice of instruments, they pay US Fed Current Rate% - 0.75 (service) straight to your account daily on your free money. That means 3% now and up to 5+% when the Fed rate was 5.75%. There in no other broker like this.

Value for money and time

Joemon John ·

Great app with all latest features and instruments

Great option for Dubai based expats

Orkun Turkmen ·

Interactive brokers is very reachable, moreover very cheap to execute the orders and reports are very detailed and simple to understand, you have access to several stock and etf much better than my former german banks or turkish bank. My second investment account at SAXO is way primitive to compare to IB

Amazing service

Mourad SENOUCI ·

In my opinion, Interactive Brokers is the best online Brokerage available in UAE. I started with them 1 year ago. Lowest buy and sell fees back then but also the best marginal interest rates for both AED and US dollars. In addition if you need to exchange money to any other currency, you are achieving it on the best rate at the minute on the international market. Bravo !

USING FROM 2021

Jifry JP ·

USING FROM 2021, Best research reprots available

Best commission scheme

Bachir Chaiban ·

IBKR has almost the lowest commission scheme for trades and has a friendly platform with no hidden fees

Excellent broker

Munib Khan ·

Excellent service

Wide range of exchanges and trading products. Awesome Trading.

Kim Klippenstein. ·

I have used Interactive Brokers for many years. Traders workstation on PC is complex but extremely powerful and informative (charting, company information, market prices, news, financial reports / ratios, analyst information). The iPad platform is very convenient for trading on the go. Bonus features beyond stock trading include trading options; Broker Interest on Cash Deposits; Automatic currency conversion on fx trades; and the Managed Securities - Stock Yield Enhancement Program. Other trading platforms which I have used have only have a fraction of the information and features.

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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