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
No.1
I have used it a lot for trading with options and currency exchanges. I would say the best in terms of tools, offering, and commissions, without a doubt
Top Platform
The TWS platform which is available for all customers has a top professional level
it really works for me
good charts good executions
Easy!
IB platform allows me to do trading in an easy and very efficient way. Transaction costs are very low. The notification system allows me to buy/sell when I have decided so.
Happy with them so far
Low fees, no fuss. Thanks IBKR
costumer service
after confirmed application for trading permission you can trade everything all over the world.
Best trading Plattform
Easy, fast & reliable
Overall Excellent platform for investments
I use it for my personal investment. Great software and at very low fees. Recommended
A non-professional trader's delight
Having used four different trading platforms, Interactive Brokers has the easiest to use platform and best prices.
The platform for everyone
Easy enough to use, reliable, gives everyone access to the financial world
Very nice service
Very efficient service and helpful when needed
Simple and efficient
Adapted to all investor types with easy to use interfaces and high efficiency
One-stop shot for investing and trading!
IBKR is very powerful, with plenty of tools with wide access to different markets for investors and traders of different profiles.
Excellence
Very professionell
Great platform
Good, reliable and user-friendly platform/website, clear fee structure, competitive fees, no upselling or other BS.
Reliable and functional
An ideal broker for trading shares (in my case, mainly US equities and ETFs) and holding them in custody. Easy-to-use, highly accessible and fast platform, with a huge range of assets and buying and selling options. Extensive customisation options and good, helpful customer service. In my personal experience, highly recommended.
My main broker
Best pricing and execution.
A fit for all
Does all you could ask for then some!
Transparency, user-friendly, support
Interactive Brokers offers a broad range of the investment products, including stocks, ETFs, mutual funds, and bonds across global markets, with competitive pricing and powerful research tools that support diversified portfolio building. However, access to cryptocurrency is relatively limited and less straightforward compared to platforms that specialized in the digital assets
Great interface, availability and pricing
IBKR is the answer if you're looking for a platform where you can be an active trader in assets around the world - be it stocks, derivatives, commodities or others. Interface is intuitive and easy to use on both desktop and mobile. Fees are very reasonable. And robust availability is great.
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.
