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
Interactive Brokers – A Comprehensive Platform for Active and Quantitative Traders
Emil Mammadov ·

Interactive Brokers is functional, intuitive, and packed with all the tools you need. It works well for both semi-pro and professional traders, and is especially convenient for quant traders thanks to its strong API and data access. Reliable, flexible, and efficient.

User Friendly
Hasan M ·

User Friendly

Easy to use and trust worthy
Riaz Khimani ·

Easy to trade platform. Fast deposit and withdrawal. Trust worthy.

IBKR Simply the best
Robert Lightfoot ·

the best platform for forex, trading and investing. plus supports now local AED transfers

CEO
Alexander Terletskiy ·

Perfect platform with fast and efficient client service.

IBKR is the best
Alaa Aldin Alsabbagh ·

Professional platform, high security, low rates, and big diversity of trading tools and options.

modern and convenient platform
Timofei Popov ·

I've been trading and investing through Interactive Brokers for over 10 years and I've never encountered a more professional platform.

Professional
Neeraj Chhabria ·

Very educative investment and trading platform

Wide range of instruments
Nick Afanasev ·

ID gives you a lot of opportunities with all range of assets, low commissions, very attractive interface of the platform.

Secure, Easy and Less expensive
Shahnawazkhan Mohammadshajahan ·

Interactive Broker is easily the most popular online platform to invest money in US and other markets. It’s app is easy to invest and is less expensive

Trading Without Limits
Mariam Moin ·

If you're serious about investing in the UAE, you need to be global—and that's exactly why I love Interactive Brokers (IBKR). Forget regional limitations; this platform is your one-stop shop for everything. You get access to over 160 markets—global stocks, options, futures, you name it—all from your single, multi-currency account.

The best part? The cost. Their commissions and margin rates are seriously the lowest out there, which means more of your money actually stays in your portfolio. Whether I’m doing a quick trade on the simple Mobile App or setting up a complex strategy on the powerful Trader Workstation, IBKR has the tools I need without the annoying fees. It's the strongest, smartest, and most cost-effective way to build serious global wealth right here in the Emirates.

Good platform
Atul Atul ·

Great place to do trading.

Best UAE, US broker
Shaik Abdullah Shahul Hameed ·

Their trading app and facility to fund in AED are more attractive.

Best investment platform
Essa Alblooshi ·

IBKR is best investment and most trusted platform

The best platform
Osama Abu Zarad ·

I’m using interactive brokers from more than 3 years and I never face any issues with this platform.
It’s a trustful platform and their fees are clear and reasonable.

Simple and yet powerful
Deepak Kaltari ·

simple and yet powerful platform , best feature is offering joint account holdin

Most reliable global platform
Dmitrii Serikov ·

Has access to lots of different instruments

Best trading platform
Devang Rhabki ·

Great platform

simple and effectice
Oliver Menge ·

Simple and effective

Best trading platform
Joe Ch ·

Great app fast execution and low commission

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