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

Investing made easy

Brian Keane ·

Simple set up, transparent and informative dashboard

IBKR is Great

Rajiv Kumar Puniani ·

IBKR provides state of art platform for trading and investing which works seamlessly well!

The best trading platform

Mohammed Elkhateeb ·

I have been using Interactive Trader for 3 years and I am very pleased and satisfied with this comprehensive platform.

Best Stock Trading Partner

Justus K ·

It’s complex but it gives options to start your portfolio trading from learner’s stage to qualified stage

Trusted broker

Clancy Pardo ·

Offers Irish domiciled ETFs unlike other platforms. Trustworthy.

Continually expanding in UAE and now offers AED funding.

Best investing platform

Efstratios Fakiolas ·

Interactive Brokers is the best for my monthly investments.

Good broker

nafea ibrahim ·

easy money transfer

Fun to work with

Driessens Tom ·

The app of the company covers all areas of investing. Good thing is also the automatic leverage. This is when buying quality stocks

IBKR

Ian Rowley ·

The most customer-friendly platform in the space

Best platform

John Smith ·

I have used IBKR for nearly 5 years and love it. Has more tools then I am likey to use, but has always been easy to navigate.

Best

Akram Akram ·

Simply best so far

Flexible Investing App

Jiun Lik Thang ·

IBKR provide excellent platform to trade US stock for foreigner outside of US. IBKR allow me to leaverage the low trading cost which lead to higher ROI!

Fast and fair price

Mian Muneer ·

Good pricing and fast execution

No need for anything else

Lars Ringertz ·

Excellent investment platform and tools. Just makes everything so easy!

Best Overall Trading and Investment Platform

Maciej R ·

Reliable. Stable. Secure.

5

Zacharias Mathew ·

Rage of service is excellent

Seamless platform

Ramez Halazun ·

Best platform I’ve worked on - easy to navigate and trade on the spot. With money transfers very timely. Customer support superior.

The best trading platform

Abdulla Almheiri ·

It is the platform that i rely on in investing options and long term assets

Very strong and complete platform

Fabio Mota ·

I use Interactive Brokers because I know I actually own the assets I'm buying. The fees are much lower than a traditional bank. Used by millions of people around the world, for me, IB is clearly the safest broker to invest with.

Good services

Tejas Shah ·

IBKR very stable platform, good services, designed for professionals (so new investors may need to find it little difficult in the beginning), charges could be lowered

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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