Yes, we rate the Interactive Brokers GIA as very good for long-term investing as thier IBKR “universal account” that lets you invest in all asset classes via physical shares, CFDs, futures, options or funds.
Good Money Guide Review
Product Name: Interactive Brokers General Investment Account
Product Description: Interactive Brokers' GIA is an excellent account for sophisticated investors who want to manage their own portfolios with complex order types. Ideal for active investors who need access to a wider range of investment products like derivatives, options, and futures. IBKR are also one of the cheapest investment platforms across all asset classes, as they were built on offering electronic discount brokerage.
Is IBKR's GIA a good general investment account?
Interactive Brokers’ GIA is an excellent account for sophisticated investors who want to manage their own portfolios with complex order types. Ideal for active investors who need access to a wider range of investment products like derivatives, options, and futures. IBKR are also one of the cheapest investment platforms across all asset classes, as they were built on offering electronic discount brokerage.
IBKR GIA Fees:
There is no account charge for general investment accounts at Interactive Brokers. When you buy and sell shares minimum, dealing commissions are £1 in the UK or 0.05% of the deal size.
Special Offers:
- $200 when you refer a friend to Interactive Brokers – IBKR clients can “Refer a Friend” and earn USD 200 for each qualified referral while giving their friend the opportunity to earn up to USD 1000 of IBKR stock.
IBKR GIA Investing Platform:
Interactive Brokers’ investment platform is a slimmed down version of their exceptional desktop trader station. For investing it gives you a good overview of shares and funds.
What is the Interactive Brokers general investment account?
Interactive Brokers GIA, is thier IBKR “universal account” that lets you invest in all asset classes via physical shares, CFDs, futures, options or funds.
Pros
- Excellent market coverage
- Advanced investment platform
- Low-cost investing
Cons
- Customer service can be slow
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Excellent
Overall
5- Expert opinion: Interactive Brokers (IBKR) full review
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.
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