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
Fast, professional and innovative
Patrik Jung ·

Amazing investment place, trustful IBKR.

Above all
Fares Al Mousli ·

IBKR stands far above all other mainstream trading apps; it’s in a league of its own and simply cannot be compared.

Investing Platform Of Choice
sanjeev vadeyar ·

It is undoubtedly one of the best if not the best investing platforms. It offers vide range of securities to invest acroos major geographies with best technology platform at very competitive charges. I feel it should be the first choice for an investor.

Best broker
Roman Melesh ·

Great platform, great team! Best in class

Best Trading Platform.
Mohammad Majeed Uz Zafer ·

It is a secure and easy to use platform which is quite powerful. The mobile app is quite convenient.

International Markets
Mohammad Abu-Sada ·

Easy to use and fractional stocks with low fees

Best Retail Broker
Vijit Singh ·

best broker for product offerings and price offering. Best platform.

IBKR has made investing easy and affordable..
Sharon P ·

IBKR has made investing easy and affordable..

Fantastic platform i recommend to all my friends
Conrad Lessells ·

Interactive Brokers has been absolutely fantastic to use. From the start, I was impressed by how simple and intuitive their platform is — everything is laid out clearly, making it easy to navigate whether you’re new to investing or more experienced.

What really stands out is the transparency. There are no hidden costs or sneaky fees, which immediately builds trust and makes me feel confident in every trade. The pricing structure is straightforward, and it’s refreshing to use a broker that values honesty and fairness.

On top of that, their customer support and overall user experience are genuinely friendly and approachable. It feels like they’ve designed the service with the user in mind at every step.

Overall, Interactive Brokers is a reliable, user-friendly, and trustworthy platform that I would recommend to anyone looking for a smooth and cost-effective trading experience.

My review
Ehab Malkawi ·

I have used interactive brokers for 10 years to trade stocks, options, and futures. Very comprehensive and professional platform.

Lovely company
Shaikh Muhammad Adeel ·

I am using IBKR for more than 3 years now, its amazing and lovely trustworthy platform

Fast, easy and excellent filling
mohamed almheiri ·

The app has almost no spread and razor thin trading fees.
It is responsive, stable and just works. 10/10.
Far more robust than anything else I tried.

Reliable and Efficient
Hammad Bajwa ·

Wide range of trading and investing markets, easy to use platform and competitive pricing/fee.

Best investing platform
Lama Hassanieh ·

Love using it because of its easy of money transfer

Variety of products and low fees
Ivan M ·

Super clear on fees, it has a lot of helpful information. Big fan

Top Gun
Robert Brown III ·

The efficiency, speed and low cost of the IBKR platform make it a pleasure to work with and me a dedicated supporter.

Personal Financial Growth
Carolina Torres-Adams ·

IB set standards as a personal financial growth platform, offering competitive trading rates, financial literacy, and support throughout the investment journey

Best overall
Marcus Johansson ·

Cheapest platform on the market and with the new AED account available, unbeatable.

IBKR is the top
Leonardo Bandiera ·

Amazing platform

IBKR all the way
Mohammed Saad ·

Most recognized and safest platform

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