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 platform for all investments
Bjorn Carreon ·

Easy to navigate and lowest fees!

The faster
Thim Veraldi ·

The faster platforms in the world

Honesty and transparency
Adnan Ali ·

IBKR is just the best investment platform. I've been with them for over a year, but I've been investing for several years. The app is a bit complicated, but it's just such a reliable investing platform that you just get used to some quirks for all the benefits.

The Broker That Stands Above the Rest
Saud Zayani ·

I have been using Interactive Brokers (IBKR) for my trading and investment needs, and it has consistently proven to be one of the most professional and reliable brokerage platforms in the world.

1. Execution & Platform:
Trade execution is lightning-fast with deep liquidity access across global markets. The platform is robust, stable, and built for professionals while still accessible to retail investors who want advanced tools.

2. Market Access:
IBKR offers unparalleled access to stocks, ETFs, bonds, futures, options, forex, and funds in more than 150 markets worldwide. For someone managing an international portfolio, this breadth is invaluable.

3. Pricing & Transparency:
Their low commissions, tight spreads, and transparent fee structure set them apart. Unlike many brokers, IBKR doesn’t hide behind gimmicks or inflated costs.

4. Research & Tools:
The Trader Workstation (TWS) platform is a powerhouse with advanced charting, risk management tools, and analytics. IBKR GlobalTrader and Client Portal also make trading convenient on the go.

5. Safety & Regulation:
As one of the world’s most regulated brokers, IBKR provides peace of mind. Client funds are well protected, and risk management tools are built into the system, which reflects their professional DNA.

6. Education & Support:
IBKR’s educational resources, webinars, and daily market insights are a strong plus. Their customer service has been responsive and professional whenever needed.

Final Thoughts:
Whether you’re a professional trader, long-term investor, or someone managing complex portfolios, IBKR stands out as a global leader. It combines world-class execution, global access, and cost efficiency in a way very few brokers can match.

Perfect platform for a stock portfolio
Hassan Kassem ·

I have been with IB for several years and til today quite satisfied.
The platform is user friendly, managing your account is easy.
Buying/sellings stocks is always simple with low fees.
IB's customer service is easy contactable and pleasant to communicate.
Can't think of a better broker than IB!

Great Brokerage
Evgeny Sorokin ·

Amazing platform for investments with huge range of instruments and markets

Easy Access and Interfaces
Suhudi Dikici ·

platform is userfriendly, fee/commission and pricing policy is transparent. Training sessions are really useful.

Reliable and comprehensive
Wakeel Ahmad ·

I am using since 2020 and find it very reliable and trustworthy.
they have very detailed research and news about market and stocks.
Best for pre and post Market transactions. This was the main reason to choose it.

Best Broker
Zohaib Syed ·

Best online platform

Best investment platform
Eisa Al Ali ·

All positive in this platform. I am very picky especially in these brokers but could find one nigative side. Keep it up

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Best Trading App
Asmaa JH ·

Amazing app, all the features you need for day trading, swing trading, and investing, and at a fraction of the cost of other apps

All in one platform
Mamoon Ali ·

The best and most reliable trading platform

Technically perfect and reliable
Peter Braumann ·

The electronic Systems of IBKR offer the perfect base for worldwide trading

Excellent
Helal ZAKHARI ·

Excellent

Excellent platform, well established and strong investor protections
Ang Pere ·

I been using IBKR for years now. It has some of the lowest fees and tightest spreads available for trading.

IB is top notch
Nemanja Halas ·

InteractiveBrokers is the best investing platform not just in the UAE but also in the World. I've been using it for about 4 years and have never experienced any issues with it and I have a lot of trust investing with IBKR. They have just today introduced a local AED bank account that is available for deposits and that will help many users as their transfer costs will go down making investing accessible to basically everyone in UAE.

Trust
Bassam Saaloukeh Bassam ·

Fill my money in safe hand

Best Investment Broker in the World
Alejandro De Armas ·

IKBR provides the best service, the widest selection of investment instruments and the lowest fees.

best price/quality platform
Jos Kohn ·

I have tried many trading platforms but none was as convincing as IBKR!

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