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
Best price and best Tools
Nargiza Huggler ·

Best price and best Tools for Invest arround the world

Best Trading Platform
Ali Theeban ·

Easy, informative, comprehensive, all in one platform

Best Execution, Lowest Fees, Widest Reach
Nabih Bouery ·

As an active investor, I’ve used multiple platforms over the years, and none come close to what Interactive Brokers (IBKR) offers. Orders are executed quickly and at excellent prices. Commission structures are transparent and among the lowest in the industry. Few other platforms provide this kind of global access. On top of that, the platform is highly reliable, packed with professional-grade tools, and constantly innovating.
Highly recommended for anyone serious about investing.

Access and Fees
Davor Strehar ·

Access to (almost) everything for a great price. Good service!

IBKR rocks
K VISWANATH KRISHNAMOORTHY ·

I love IBKR platform as its simple and no nonsense and hoping they reduce their fees even more and become more close to UAE government and help both nationals and expats invest and grow their wealth for future generations.

Great platform with wide exposure and helpful resources
Aby Thomas Paul ·

Interactive Brokers is a great platform with wide exposure and helpful resources. I get exposure to equity, commodity, crypto etc across the world. It has great resources to learn and even rewards learning. I can access IBKR via browser, app or from desktop. IBKR also offers good interest on free cash in the account.

Trading Platform Designed by Experts
Adel Sarwat ·

Excellent Trading platform signed by experts. It incorporates quotes, linked charts and linked news. Includes tools to trade options. Bloomberg TV available. Very flexible set up. Prices for trading FOREX are very tight. Algorithmic trades for equities available. Allows complete trading for US treasury bonds and bills.

IB
Mazen Kader Aga ·

Interactive Brokers platform is one of the top worldwide

IBKR - Excellent platform available for all Investors
Samer Dahbar ·

IBKR allows all interested investors to open accounts and participate in the ever-growing investing world, and this is particularly evident and important for Middle East and GCC residents. IBKR excels at providing all the tools required to invest/trade and offers plenty of investable products that other platforms/providers do not have. Highly recommended Investing platform for all.

Most Reliable Broker
Cannon Mascarenhas ·

I have been using Interactive Brokers for over two years and their executions have been great for my day trading strategies. Deposit and withdrawls are breeze too. Higly recommend.

Amazing platform to trade internationally
Elena Shu ·

Amazing platform to trade internationally, swift processes, easy navigation, great cost!

Interactive Brokers: The Platform I Trust
Amin Metry ·

As a UAE-based investor using IBKR TWS daily, I’ve found Interactive Brokers exceptionally robust, transparent, and cost-effective—with deep market access and rock-solid execution. It’s the platform I trust with my money.

Best investing platform
Trevor Velho ·

Very informative and investor friendly.

Best reliable platform in the market
Ahmad Abdul Karim ·

Ease of use, continues development and a very strong technical support.

An excellent platform that allows you to invest in markets around the world.
Hafiz Ahsan ·

I have been really impressed with IBKR. The platform makes it easy to invest in markets all over the world at low costs. The tools and research features are very useful, and trade execution is smooth. Overall, it’s a reliable choice for anyone serious about investing

No complaints!
Diyar Alyasiri ·

Great Services, great insights, works like a charm

Trustworthy
Nigel Palao ·

Professional and competent brokers.

Powerful Platform with excellent rates
Arndt Meyer ·

Interactive Brokers have a powerful interface with many information and reporting posiibilities. Rates are excellent, wether for trading or currency exchange. I am very satisfied with their services so far.

Highly recommended
Giovanni Benzoni ·

I have been using IB for several years as a small investor and I must say that I am very satisfied.
The platform is clear and easy to use; regular alerts and security checks when logging in convey a solid image of reliability.
The support service, which I have dealt with a couple of times, has been fast and punctual.
I have no other terms of comparison, but for me IB offers excellent service, also in terms of transparency.

Good trading platform
Jeevesh Sharma ·

Easy to transfer money and trade

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