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 Gateway for Brazilian Investors to Global Markets
Marco Ricciardi ·

As a Brazilian individual investor, I found in Interactive Brokers a complete platform that truly enables global investing without restrictions. It provides access to major stock exchanges worldwide, as well as bonds and currencies, all within a single account. What I particularly appreciate is that the platform adapts well to both beginner and advanced investors, offering powerful tools without losing accessibility. In addition, it is constantly evolving with new features, and the website is being updated to support Brazilian Portuguese, making the experience even more user-friendly.

excellent
Aleksandra Stefanoska ·

excellent

Long Term Investing
Aude Salord ·

Excellent platform with competitive pricing

The best broker
Jack Anderson ·

Interactive Brokers has brought digital technology to all investors with only low transactional fees. Plus sophisticated platforms and training.

Easy to use
Miriam Avendano ·

I love IBK because is easy to use and the charges are reasonable

The best if you want invest money worldwide
Ruggero Alzetta ·

Excellent commissions and investment opportunities in all global instruments and stocks. Comprehensive and easy to use.

Fast execution, broad access, plenty of apps and platforms
FRANCESCO BOMBASSEI ·

I have been using Interactive Brokers for several years now, moving from more traditional brokers. I find IBKR to be very effective, with many sophisticated trading functionalities (esp. order types), fast execution of orders, access to all markets I am interested in and with a broad (maybe **too** broad) set of apps and platforms for all levels of proficiency. As a moderately sophisticated retail investor, I can't ask for anything more.

IBKR is a leader
Le Fouest Jean-Marie ·

IBKR offers the best compromise among platform quality, diversity of market access and pricing.

Excellent Broker
Adriano De Tata ·

IBKR has the best value for money. Great selection of investments, cheap commissions, safe and tech advanced solutions. Great overall.

Bonne plateforme de trading
Niquille Christian ·

bonne plateforme web de trading

Great
Raffael Sigerist ·

Good condition

Everything smooth and easy
Ana Hajnal ·

Fantastic investment platform. Helpdesk very responsive and real persons working there.

One stop shopping
R Mathieson ·

Low cost and convenient

Excellent execution of trades. Wide selection of instruments.
Erik Nayman ·

Excellent execution of trades. Wide selection of instruments.

CFO
Thibaut Vandenhende ·

Great investment brokerage app, very clear, a lot of choices and very low fees. Please continue...

Best trading platform
Annamaria Reuss ·

Best trading platform

Best investment broker
Hui Foo Soo ·

Interactive Brokers offers compelling advantages as an investment broker, including competitive fee structures and margin rates.

IBKR is just great
Alexander Bahl ·

Low Fees and cool UI

Great value and service
Mariya Atanasova ·

Phantastic broker for trading and investing, great value and service

Top Broker
Philipp Seitz ·

Best broker I have used

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