Is Interactive Brokers good for long term investing?

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.

Interactive Brokers General Investment Account 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.
9.6/10Excellent

Based on 1,375 customer reviews and our expert analysis

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59.7% of retail investor accounts lose money when trading CFDs with this provider

  • Experts highlight that Interactive Brokers' General Investment Account (GIA) is tailored for sophisticated investors, offering access to a wide range of investment products including derivatives and options. The platform is noted for its low-cost structure, with no account charges and minimal dealing commissions, making it one of the cheapest options available. However, slow customer service is mentioned as a drawback.
  • Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform's low fees, broad market access, and advanced trading tools. Many users appreciate the ease of use and comprehensive service, while some express concerns about the complexity of the platform and occasional delays in customer support responses.

Interactive Brokers General Investment Account Expert rating

Our expert rating is the average of the areas listed here, each scored out of 5 by our team.
5.0Excellent

Our experts have rated Interactive Brokers General Investment Account across one key area of our review framework.

  • Excellent5.0
Pros
  • Excellent market coverage
  • Advanced investment platform
  • Low-cost investing
Cons
  • Customer service can be slow
See full expert review

Our verdict

Interactive Brokers’ (IBKR's) GIA is aimed at sophisticated investors, and offers access to derivatives, options, and futures. The platform is one of the cheapest across all asset classes. Capital is at risk.

Is IBKR's GIA a Good Account?

IBKR's GIA is its “universal account” that lets you invest in all asset classes via shares, CFDs, futures, options or funds.

The account is excellent for sophisticated investors who want to manage their own portfolios with complex order types. It's ideal for active investors who need access to a wider range of investment products like derivatives, options, and futures. IBKR is also one of the cheapest investment platforms across all asset classes, as it was built on offering electronic discount brokerage.

Fees

There is no account charge for general investment accounts at IBKR. When you buy and sell shares minimum dealing commissions are £1 in the UK or 0.05% of the deal size.

Special Offers

IBKR clients can earn $200 for each qualified referral while giving their friend the opportunity to earn up to $1000 of IBKR stock.

What is IBKR's Platform Like to Use?

The investment platform is a slimmed-down version of its exceptional desktop trader station. For investing it gives you a good overview of shares and funds.

Interactive Brokers investing platform

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 Broker
Felix Schomacher ·

I love your reliability and orderliness, and I have confidence in your safety.
Felix Schomacher, Germany

Best there is
Abhishek Krishnan ·

Been using it for over 4 years now. Honest, no hidden fees and super functional!

Amazing platform!
Ruggero Salerno ·

I’ve been using IB for few years already, and couldn’t recommend it more. Comprehensive, fast, safe, and easy to use.

Most comprehensive and competitive investment platform
Javier Sanchez ·

IBKR has the best platform for investing in stocks, etfs and OTC products. The fees are the best in the industry by far and the platform easy to set up and fund

Fantastic
Praveen Manghnani ·

The platform is seemless. They have the best rates. Everything just works perfectly.

Secure and reliable
Vagif Mukhtarzade ·

In my opinion, the most secure and reliable platform for investing and trading.

Superb
elie wazen ·

Superb

Global Reach, Local Edge
Muhammad Aamir ·

Depositing in UAE dirhams—no hidden fees, no conversion loss. Trading feels local, even when I go global.
Even AED to USD conversion for trading beats local UAE exchanges.

Absolutely Love the platform
Kiran Babu ·

IBKR consistently gives me pro-level tools with low costs. Order execution is fast and reliable, and smart routing has improved my fills during volatile sessions. I can trade global markets from one account, convert FX at tight spreads and use advanced order types (like VWAP and iceberg) without paying “premium” platform fees.
I also like having a choice of interfaces, IBKR Desktop/TWS for depth and global trader/mobile for quick moves. risk tools, margin transparency and detailed statements make portfolio management straightforward.

Very good API
Christophe Saad ·

Amazing service, responsive staff and good tech

Simplicity
Aleksandar Kojadinovic ·

Simple to use and to navigate throughout the platform

Best is IBKR
Gurudath Manikere ·

Very quick & smooth transactions IBKR

All in Platform
Kamal Almaazmi ·

You could invest wherever and wherever you want with a very competitive fees

Most professional investing and trading platform
Mayank Kha ·

Most reliable platform with lowest cost, widest range of products and world class service.

Trustworthy platform, reliable and efficient.
Jordi RUBIO ·

After more than 5 years working with IB, I am really comfortable with the quality level services provided.

Largest range of assets to trade.
Christopher Bari ·

IB is by far the best platform for tradign all your asets in 1 place, from forex, futures, stocks, option and crypto . No funny tricks and low fees.

Excellent Investing Provider - details and trust you need
Pramod Joshi ·

Excellent Investing Provider - details and trust you need

Great UX
Mo C ·

Interactive Brokers (IBKR) delivers an excellent trading experience with a great user interface that’s both intuitive and powerful. Everything you need is right there — from advanced charting to order types — and the platform offers a huge variety of tools and preferences so you can truly customize your workflow.

When it comes to market access, IBKR is outstanding. There are plenty of stocks available, and I’ve never run into a case where a ticker I wanted wasn’t there. The breadth of choice makes it ideal for both casual investors and active traders.

Another strong point is transparency. Fees are clearly visible and straightforward, with nothing hidden in fine print. You always know exactly what you’re paying for, which builds a lot of trust compared to other brokers.

Overall, IBKR is a robust, reliable, and flexible platform that caters to traders of all levels. It combines usability, depth, and transparency in a way that makes it a top choice for anyone serious about investing.

Game changing trading platform
Daniel forster ·

So much functionality, cheapest trades and margin loans

Most comprehensive investment platform
Ryno Uys ·

Super easy to use and incredibly comprehensive for managing trades, investments and your overall portfolio in one easy to use app.

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