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 trading platform… truly international
Asanka Amarasekara ·

Best execution … best availability of markets… best user friendly interface…. Best mobile app… best workstation application…. Competitive fees

Efficient security & accessible application
Ashraf Allam ·

IBKR provides you a high level of security that any investor looking for and 360 reviews of asset classes you willing to invest in along with holistic analysis including all parameters on technical & fundamental levels which is make your investment decisions smoothly.

IBKR is good trusted Platform for stock trading
MINA GIRGES ·

i like their APP and updates and services they providing

also they are world knwon broker for Investing + listed in US Stock market

Best Broker
Safouh Al Ajlani ·

Best Broker i tried them all

My investment partner
Taha Alakshar ·

Almost 6 years of trading with IBKR.. i would never regret it

Best trading platform
Hassan Altamimi ·

Best us stock trading platform

Very happy
Hina Eijaz ·

Great service good pricing

Really good service
Aleksei Vlaskin ·

Thank you for clearly and trueless service

stable, comprehensive, no-nonsense, good price
Pawel Juraszek ·

if you are investing for mid- long term, broadly interested in markets but not trading, trying to build and preserve the wealth for a long term (like me), then this platform is for you. Regardless of level of sophistication IBKR is offering a good product. Purchase prices are competitive even for small amounts, fractional shares help when your portfolio is just starting, variety of stock exchange offering ensures you can rally go global in your selection, interface is clear.
And by the way ... it just works.

Great platform for investing
Emmanuel Uk ·

It has been a great platform for investing with many options for stock selection and easily to deposit and withdraw funds

Fast, Helpful Support for Traders
Emmeline Apostol ·

This platform is excellent, but what makes it the best is its support. The team is incredibly fast and helpful, answering questions and resolving issues promptly. This reliability is crucial for a smooth and effective trading experience for beginners like me.

IBKR truly awesome
Vinay S R ·

IBKR is most responsible for my wealth creation through their amazing platform for investing. They offer top notch security, easy to use UI. They offer direct investment opportunities all around the world. Truly an amazing platform for building wealth.

Truly Best trading platform
Suhas Bhanudasrao Panchal ·

very transparent platform

Efficiency
Saif Almarar ·

Amazing platform reliable

IBKR Best
Alap Waikar ·

IBKR is best

IBKR is just amazing
Syed Bilal Irshaad ·

Easy-to-use, reliable, fast order processing are some of the top features of IBKR that I like.

Safe to invest with it
Ahmed Ismail ·

Save to invest money through interactive broker .. thanks for your services

The Gold Standard
Krishna Arun ·

I have been using IBKR for trading and investment purposes and highly recommend it to anyone looking to access markets worldwide. I strongly vouch for their integrity and transparency in all of their services and recommend them for your award.

Doesn't get better than this, pure power
Navin KD ·

Democratically empowering retail investors with institutional reach capabilities. Robust platform for global trading. Cutting edge capabilities provides a seat at the trading table. Price management algorithm protects your interests. Screeners cut through to what matters. News feeds cover your ecosystem of interests. Only tool you will need for financial empowerment. Lowest costs allow to trade first and think later

Great and reliable service
Alessandro Surace ·

I find the service very reliable. Not too many emails and it just does what it should.
Security is also up to mark.

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