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
5
The best broker I had since I started trading stocks - 50 years ago.
BEST TRADING PLATFORM
Interactive Brokers is the best trading platform because of its low fees, deep liquidity, and access to global markets. Its powerful tools, advanced order types, and professional-grade technology make it ideal for active retail traders who need speed, reliability, and efficiency.
It is the most intelligent and easy to use platform to trade from anything to anything!
It is easy to use. Clever algorithms. I can trade anywhere in the world. I really like trading assets daily because IB platform is quite involving.
Fantastic Company, Great App
They are very professional, financially strong, and have great software. Pity no option to print portfolio. An easy company to do business with…
Ken, Mallorca, Espana
Good price and quality
From trading to corporate action to feature packed apps - IBKR has it all.
IB Summary
An easy trading and forex platform with all options and details. It also provides numerous help and tutorial courses including beginners. Prices are very competitive.
Retail trader
a) easy screen adaption.
b) alerts by e-mail.
c) all kind of trades available, also derivatives and money market.
outstanding
It took me long to find a provider that fits my needs as good as Interactive Broker does
Good TER with a few fees
IBKR helped me to build and grow my ETF wallets and shares, with very low fees and good advice and very convenient tools like chart analysis
Satisfaction
User friendly and good scale of costs
The best forever!
I have been using this platform for decades. It is reliable, innovative and safe. I cannot think of changing anytime.
Good platform
Never experienced break down, all in all, very happy.
Easy to use
Very good communication with user
Always at the cutting edge of technology and new services
Fantastic platform, super user friendly and gives clarity and insights to their clients.
Simple et complète
Application mobile top et ouverture à tous les marchés
Best trading platform by far
I have tried many trading platforms over the past decade and IKBR comes out best in terms of execution, spreads, platform and overall trader friendly tools, charts etc.
Interactive Brokers has everything I need
Stable, trustworthy, customizable, professional.
Simply the Best
Without a doubt the lowest cost, good interest on deposit. Reliable and trustworthy
Best World Investing Platform
Best World Investing Platform. All markets available, insanely complete. Reinvesting dividends. Amazing!
Friendly to use
Awesome platform for trading
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.
