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
Best there is
Been using it for over 4 years now. Honest, no hidden fees and super functional!
Amazing platform!
I’ve been using IB for few years already, and couldn’t recommend it more. Comprehensive, fast, safe, and easy to use.
Most comprehensive and competitive investment platform
IBKR has the best platform for investing in stocks, etfs and OTC products. The fees are the best in the industry by far and the platform easy to set up and fund
Fantastic
The platform is seemless. They have the best rates. Everything just works perfectly.
Secure and reliable
In my opinion, the most secure and reliable platform for investing and trading.
Superb
Superb
Global Reach, Local Edge
Depositing in UAE dirhams—no hidden fees, no conversion loss. Trading feels local, even when I go global.
Even AED to USD conversion for trading beats local UAE exchanges.
Absolutely Love the platform
IBKR consistently gives me pro-level tools with low costs. Order execution is fast and reliable, and smart routing has improved my fills during volatile sessions. I can trade global markets from one account, convert FX at tight spreads and use advanced order types (like VWAP and iceberg) without paying “premium” platform fees.
I also like having a choice of interfaces, IBKR Desktop/TWS for depth and global trader/mobile for quick moves. risk tools, margin transparency and detailed statements make portfolio management straightforward.
Very good API
Amazing service, responsive staff and good tech
Simplicity
Simple to use and to navigate throughout the platform
Best is IBKR
Very quick & smooth transactions IBKR
All in Platform
You could invest wherever and wherever you want with a very competitive fees
Most professional investing and trading platform
Most reliable platform with lowest cost, widest range of products and world class service.
Trustworthy platform, reliable and efficient.
After more than 5 years working with IB, I am really comfortable with the quality level services provided.
Largest range of assets to trade.
IB is by far the best platform for tradign all your asets in 1 place, from forex, futures, stocks, option and crypto . No funny tricks and low fees.
Excellent Investing Provider - details and trust you need
Excellent Investing Provider - details and trust you need
Great UX
Interactive Brokers (IBKR) delivers an excellent trading experience with a great user interface that’s both intuitive and powerful. Everything you need is right there — from advanced charting to order types — and the platform offers a huge variety of tools and preferences so you can truly customize your workflow.
When it comes to market access, IBKR is outstanding. There are plenty of stocks available, and I’ve never run into a case where a ticker I wanted wasn’t there. The breadth of choice makes it ideal for both casual investors and active traders.
Another strong point is transparency. Fees are clearly visible and straightforward, with nothing hidden in fine print. You always know exactly what you’re paying for, which builds a lot of trust compared to other brokers.
Overall, IBKR is a robust, reliable, and flexible platform that caters to traders of all levels. It combines usability, depth, and transparency in a way that makes it a top choice for anyone serious about investing.
Game changing trading platform
So much functionality, cheapest trades and margin loans
Most comprehensive investment platform
Super easy to use and incredibly comprehensive for managing trades, investments and your overall portfolio in one easy to use app.
Persuading
Best conditions and amazing professional platform
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.
