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
Persuading
Gerd Luetjen ·

Best conditions and amazing professional platform

Comprehensive platform
Karan Ganju ·

Hav all the possible options availed to trade or invest

Easy to use and best broker
Muhammad Faizan Majeed ·

Ibkr app is easy to use, broker seems at a big level entity

Affordable and smart
Liao Wan-Li ·

IBKR has one of the lowest fees for trading stock and ETF. And they make transactions so affordable and friendly for non-professional users like me.

Best Investing and Trading Platform
Thomas Hartl ·

IBKR delivers excellent investing and trading: innovative tools, low fees, great execution, broad market access, and unmatched reliability for global investors.

Value for money
Muthuswamy Ravi ·

Easy to use,good investment options and transparent .

IBKR Review
Carmen Yambing ·

Great platform

IBKR - a trusted partner
Sourav Sen ·

Very collaborative and transparent easy to handle platform.

IB Vote
SAVIO MENEZES ·

Good app and easy transactions

IBKR is Trusted Brokers
Aiman Hassan ·

IBKR is Trusted brokers and giving me a confidence, highly recommended.

Complete Brokerage Services
Patrick Jukes ·

IBKR has competent customer service. The customizable fee schedule for add ons is extensive and allows one to keep their fees to to what they desire. I use the trading platform to access bourses around the world that most other brokerages can not.

Ease to operate platform
Rajesh Kalan ·

Interactive has created excellent platform to trade in equities.

Amazing
Eoni Leon Pinto Arias ·

Best platform I've ever used!

Good Company data and trade execution
Abbey George ·

Interactive brokers provide a comprehensive and easy to use platform with a logical structure providing information on various asset classes, funds and ETFs with cost effective execution. Furthermore the facility to lend stocks provide optionialities for income and other services for various risk profiles.

Long-term trustworthiness
Ryan Llewelyn-Williams ·

I've been using Interactive Brokers for the last 8 years and it is by far the best long-term investment platform on the market. Low commission, no inactivity fee, excellent reputation and plenty of educational tools and resources.

Simple Investing
Rajiv Devnani ·

Easy to use and efficient.

Good
Faisal Haroon ·

All good
But slow customer service
We would like to chat live ,with a click of a button

5
omar jaber ·

amazing program

Perfect broker
Mohamed tarek Abdelkhalek ·

Very very professional broker

interactive Brooker
jean louis aldeghi ·

a mio avviso IB è la migliore piattaforma che ho trovato in rete, professionale e sempre aggiornata. IB lavora in modo professionale con un alto standard.
Lavora su tutti i mercati e debbo confessare che le competenze sono altissime.
Consiglio vivamente IB

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