What is the best app for advanced traders on IBKR?

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The best app for sophisticated and professional traders is the IBKR Mobile as which replicates some of the functionality of the Interactive Brokers desktop TraderWorkstation platform.

Interactive Brokers Trading App Review
Interactive Brokers

Name: Interactive Brokers Trading App

Description: As with the main trading platforms, Interactive Brokers’ trading apps are some of the best around. I tried all three different apps on offer, IBKR Mobile, IBKR GlobalTrader and IMPACT.
60% of retail investor accounts lose money when trading CFDs with this provider.


Interactive Brokers: Best trading app for sophisticated investors

  • Markets available: 7,000
  • Minimum deposit: £2,000
  • Account types: CFDs, DMA, futures & options, investing
  • Equity overnight financing: 1.5% +/- SONIA
  • Pricing: Shares 0.02%, FTSE 0.005%, GBPUSD 0.0008%

IBKR Mobile is the mobile version of the main trading platform and has the most functionality, where you can view your derivatives and investment portfolio, view charting, trade options, futures, and CFDs. You can also access the iBot feature which helps you search for things like dividend dates, corporate earnings reports, and economic events around stocks or markets you are interested in trading. Charting is initially simple, but under the settings, you can add indicators, show live orders, and annotations and change the bar size and chart type.

There is also the IMPACT lens features that measures your portfolio and gives it a ranking based on how ethical your positions are. The news section also lets you filter and search for IBKR news and analysis from The Fly Swawkbox, Real Vision (an excellent premium analysis vlog from Raoul Pal) and Bloomberg.

IBKR GlobalTrader has a slightly easier feel and is focussed more on stock traders. You get inspiration for investing in stocks, based on their sector, price moves, news flow. News is also filtered down based on the positions in your portfolio.

For more ethical investors the IMPACT app is focussed on helping you make more ethical investment decisions. You get access to the same markets to trade in by the app ranks your portfolio by how ethical they are. It will also show you a more ethical alternative, with a similar investment profile which you can switch to with the click of a button.

Overall, Interactive Brokers’ trading apps, are some of the best around with excellent functionality and access to one of the widest selection of markets and investment products around.

Interactive Brokers trading app


  • Discount trading app
  • Excellent market range
  • Invest as well as trade


  • No financial spread betting
  • Complex account opening process
  • Pricing
  • Market Access
  • Online Platform
  • Customer Service
  • Research & Analysis
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