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
Functional, Effective, Reasonable Price
Michael Schmid ·

I vote for Interactive Brokers because it is the best trading platform overall

Great Platform, Amazing Service
Marc Moukarzel ·

Interactive Brokers combines low cost, global access, and professional tools in a way that very few brokers can match. The most reliable choices in the market.

Great platform
Oussama Abbas ·

Great platform

Best Trading Platform
Talha Saeed Khan ·

When I first learned about IBKR, I was eager to open an account and begin trading stocks. Their website is intuitive and user-friendly, and the customer service is truly exceptional.

Everything
Khandaker Farhan ·

Good and best

Safe and secure
Jamal Hassan ·

IBRK is smooth and easy to use and very trustworthy/reliable. Your money is in safe hands!

IBKR is great
Saro Belekdanian ·

Amazing platform to invest in, could be a more user friendly with digital currencies. Otherwise perfect

User friendly and good tools
Amr Elsabban ·

Very good plarform for trading, transparency and user friendly tools

The best service I've been try
Chynara Duisheeva ·

I love IBKR too much .. and use it only

Superb brokerage & money platform
Jyotsna Ahuja ·

I have experienced this as the best platform yet for money matters. Superb of ease with technical as well as qualitative facilities

Single window for every available investment opportunity
Maheshkumar Kankarej ·

IBKR is the best investment platform for every long term investor. Seamless, user friendly & efficient!

Best, Global and Low cost
NURUL AMAN SK ·

I am using IBKR since last 6 years and love it

The Best Broker for Professional Traders
Feras Yehia ·

Ibkr is hands down The Best Broker for Professional Traders.

Most efficient options trading support
Evgeny Sarymsakov ·

Trading with my strategy on Interactive Brokers has been an outstanding experience. The platform offers deep liquidity and direct market access, which is crucial for executing my SPX bull call spreads with precision. The order execution is consistently fast, spreads are tight, and I can manage positions efficiently even during periods of heightened volatility. This gives me the confidence that my strategy’s signals are translated into trades without slippage undermining the results.

Another strength is the comprehensive suite of analytical tools. My trading relies on probabilistic models such as Bayesian and Hidden Markov approaches, together with macro indicators like VIX, VVIX, dollar index, and yields. Interactive Brokers provides the real-time market data and flexibility I need to integrate these inputs seamlessly into my workflow. The ability to monitor multiple asset classes and hedge exposures within one account is a decisive advantage for a systematic trader like me.

Finally, the platform’s risk management and reporting features support the disciplined execution of my strategy. With detailed performance metrics, margin transparency, and robust portfolio monitoring, I can manage exposure with precision and adapt position sizing to changing probabilities. Interactive Brokers combines reliability with professional-grade tools, making it the best environment I have found for implementing advanced option strategies.

Great
Ahmad Mashaqi ·

Easy to use

Beginner's choice
Gregoris Zikos ·

Beginner investor very glad of that platform.

very nice
lictor lictor ·

very nice

Easy to use and intuitive
ASHISH PATRO ·

Easy to use platform with great tools to support the decision making

IBKR is best
Uttam Jadhav ·

personal experience

Reliable and professional
Yorick you ·

Reliable and professional trading platform

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