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
excellent
Michele Hilton ·

Excellent easy to use app, best priced platform fees, excellent fund choice, responsive customer service

Advanced
Ornette Matthews ·

Provide all the tools you need to take your investing to a whole new level.

Thank you so much for your support 🙏
Joseph Sajjabi ·

It's describes how you feel about it to start to Investment!

Consistency
Theresa Pacudan ·

Excellent service

Functional, easy-to-use platform
Lee Richardson ·

Provides a highly functional platform to hold all my private market investments, making buy, sell or monitoring activities a doddle. I invest all over the world, in multiple currencies, and I've never had an issue on any side of any transaction, to date. Just what one expects, but doesn't always get elsewhere.

Reliability
Nikos Vozikis ·

Trading over 10,000 US Stocks and ETFs, US Equity Index futures and options, US Treasuries, global corporate bonds, European government bonds and UK gilts.

It has abeen a nice and geniune Service to use
Alex ·

I have been able to increase my investment capability and understood more about investment from them likewise chaincapital dot us that exhibits more profit making with a huge margin.

Very happy client of IBKR
Netra Kaikini ·

1$ Fee per transaction and access to a wide spread of investment assets across the globe.

The one and only platform needed
Jamil Juma ·

It is not just trading platform but full solution from beginners' requirements to experts.

Simply the best
Giulio Maccaroni ·

Vast product choice, low fees, complete guidelines and formation, great reports

Best investing platform
Apollinaire Moreno ·

I have been using the platform for 3 years now.
It offers a wide choice of investment options with an app that is very complete and easy to use.

Shining in the woods.
Haresh Rakholiya ·

Quite transparent, saving money of investors, giving lot of options to choose from.

Best brokers for global investors and traders
Mohamed Sharbudeen Ayub ·

I have been using this platform from UAE for more than 5 years and completely happy with that platform, technical support and withdrawal convenience.

Great, simple, easy
Jessica Fleskes ·

Great platform!

Best in Class
Michael Schultheiss ·

Simply 5* , great Trading and Investing Platform. Keep going...

The best
James Fahy ·

Great comprehensive platform with low fees and excellent service

For both begginers and pros
Mohit Jivani ·

The platform has just made my life so much easier. I feel like I have been trading and investing for decades.

reliable, fast and well-priced service
Nik. Langer ·

Provides what I wan't, executes as I wan't it and provides even more. I'm fine with it since several years

Excellent, Accurate and Fast
Khuzema Amthaniwala ·

Very efficient, fast and accurate platform

Ibkr pioneer and the best
Adnan Ali ·

It's the best no doubt

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