59.7% of retail investor accounts lose money when trading CFDs with this provider
- Experts regard the Interactive Brokers Trading App as one of the best options for sophisticated and professional traders, highlighting its extensive functionality that mirrors the desktop platform. The app offers a wide range of features including advanced charting, portfolio management, and access to ethical investment tools, although it has a complex account opening process and lacks financial spread betting.
- Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the app's low costs, broad market access, and advanced trading tools. Many users appreciate the platform's user-friendly interface and efficient execution of trades, while some express concerns about the complexity of the platform and slower customer support responses.
Interactive Brokers Trading App 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 1,375 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Functional, Effective, Reasonable Price
I vote for Interactive Brokers because it is the best trading platform overall
Great Platform, Amazing Service
Interactive Brokers combines low cost, global access, and professional tools in a way that very few brokers can match. The most reliable choices in the market.
Great platform
Great platform
Best Trading Platform
When I first learned about IBKR, I was eager to open an account and begin trading stocks. Their website is intuitive and user-friendly, and the customer service is truly exceptional.
Everything
Good and best
Safe and secure
IBRK is smooth and easy to use and very trustworthy/reliable. Your money is in safe hands!
IBKR is great
Amazing platform to invest in, could be a more user friendly with digital currencies. Otherwise perfect
User friendly and good tools
Very good plarform for trading, transparency and user friendly tools
The best service I've been try
I love IBKR too much .. and use it only
Superb brokerage & money platform
I have experienced this as the best platform yet for money matters. Superb of ease with technical as well as qualitative facilities
Single window for every available investment opportunity
IBKR is the best investment platform for every long term investor. Seamless, user friendly & efficient!
Best, Global and Low cost
I am using IBKR since last 6 years and love it
The Best Broker for Professional Traders
Ibkr is hands down The Best Broker for Professional Traders.
Most efficient options trading support
Trading with my strategy on Interactive Brokers has been an outstanding experience. The platform offers deep liquidity and direct market access, which is crucial for executing my SPX bull call spreads with precision. The order execution is consistently fast, spreads are tight, and I can manage positions efficiently even during periods of heightened volatility. This gives me the confidence that my strategy’s signals are translated into trades without slippage undermining the results.
Another strength is the comprehensive suite of analytical tools. My trading relies on probabilistic models such as Bayesian and Hidden Markov approaches, together with macro indicators like VIX, VVIX, dollar index, and yields. Interactive Brokers provides the real-time market data and flexibility I need to integrate these inputs seamlessly into my workflow. The ability to monitor multiple asset classes and hedge exposures within one account is a decisive advantage for a systematic trader like me.
Finally, the platform’s risk management and reporting features support the disciplined execution of my strategy. With detailed performance metrics, margin transparency, and robust portfolio monitoring, I can manage exposure with precision and adapt position sizing to changing probabilities. Interactive Brokers combines reliability with professional-grade tools, making it the best environment I have found for implementing advanced option strategies.
Great
Easy to use
Beginner's choice
Beginner investor very glad of that platform.
very nice
very nice
Easy to use and intuitive
Easy to use platform with great tools to support the decision making
IBKR is best
personal experience
Reliable and professional
Reliable and professional trading 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.
