59.7% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate the Interactive Brokers Trading App highly, noting its sophisticated features that cater to professional traders. The app replicates much of the functionality of the desktop platform, allowing users to trade a wide range of products including options, futures, and CFDs. However, the account opening process is described as complex, and the app lacks financial spread betting.
- Across 1374 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the app's user-friendly interface, extensive market access, and low fees. Many users appreciate the comprehensive tools and resources available for trading, while some express dissatisfaction with customer service response times and the complexity of certain features.
Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Interactive Brokers Trading App across five key areas of our review framework.
- Pricing5.0
- Market Access4.0
- Online Platform5.0
- Customer Service3.5
- Research & Analysis4.0
Pros
- Discount trading app
- Excellent market range
- Invest as well as trade
Cons
- No financial spread betting
- Complex account opening process
See full expert review
Our verdict
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.
59.7% of retail investor accounts lose money when trading CFDs with this provider
Is Interactive Brokers' trading app any good?
Yes, IBKR is one of 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.
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.
Customer reviews for Interactive Brokers
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,374 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Fast cost efficient
Excellent trading platform
Very cost effective
Easy of use
Very strong trading Platform. Low maintenance and trading cost.
Pros: Very strong trading Platform has a wide spectrum of trading algorithms to choose from. Accepts international traders from all countries. Money sent from outside USA is seen updated instantly once they receive. Low maintenance and trading cost.
Cons: Advanced use of the trading platform has a steep learning curve. Not many practice videos available to teach non-tech/non-fin investors on the use of advanced features.
Ease of use
Platform is super easy to use and has minimal commissions.
IBKR platform
comprehensive, easy to use, reliable, fast money transfers, no issues at all.
amazing service
reliable and best low fees. Several services available
Best trading app
IBKR has the vastest portfolio with the lowest rates
An Indusry Leader
I have used IB for many years doing various things. It can handle any need without exception. The trading costs are about the minimum in the industry and help is always available to handle any inquiry.
Low brokerage, availability and reliability
App is always functioning, no downtime or glitch observed.highly reliable service
Big choice and low price
I trust very much IBKR, it’s very Professional. I Never had problems with orders and low fies
All In
I choose Interactive Brokers for my ETF investing because it offers low fee trading for US-listed stocks and ETFs, which keeps my costs low . The platform provides access to a massive selection of investments across global markets, allowing me to build a well-diversified portfolio easily . While the platform has advanced tools, the IBKR webside and mobile app are straightforward enough for my needs as a non-professional investor . It’s a powerful and trustworthy platform that helps me invest efficiently.
Great investment platform
Great company to work with – super helpful, easy to deal with, and really know their stuff. I feel confident about my investments with them
Perfect platform
A perfect platform to manage all your investments
Reliable platform with unmatched global access
I’ve been using Interactive Brokers for a while now, and what stands out most is the breadth of markets and products available. It’s one of the few platforms where I can manage everything in one place: stocks, ETFs, bonds, and even global markets I wouldn’t otherwise have access to. The trading costs are consistently low, which makes a huge difference over time, and the execution is fast and reliable.
The platform itself has a learning curve, but once you get comfortable with it, the tools are powerful and give you full control. I also like how transparent they are on fees and reporting, no hidden surprises. For me, it’s the best balance between professional-grade features and cost efficiency, especially for someone looking to invest seriously rather than casually trade.
Amazing trading features and tech
I’ve used this for my company for almost 7 years and have almost all of the equity with IBKR. The best speed and transparency of execution, with almost no costs. I also love they keep adding markets to the platform!
Amazing all rounded and trusted platform
I’ve used IBKR for almost a decade and trust them with large amounts. Their level of reporting, transparency in pricing and speed of execution, for small and even massive orders, is amazing. Nothing else comes close!
I've been with them more than 6 years, low fees, fast processing,. very good company
Really recommnded
Investment with IBKR is trust
The platform with highest responsibilities and quality is might be only trusted, the best example is Interactive Brokers
Broker of the year!
Best Broker thus far - make sure, it stays that way!
Affordable simplicity
IBKR offers an investment opportunity for clients across the globe. Wide range of investment options to suit any portfolio. Reliable service and helpful staff. Easy to work on the platform. Fantastic for keeping a cash reserve!
Best Broker
I love your reliability and orderliness, and I have confidence in your safety.
Felix Schomacher, Germany
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
