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
IBKR is Great
IBKR provides state of art platform for trading and investing which works seamlessly well!
The best trading platform
I have been using Interactive Trader for 3 years and I am very pleased and satisfied with this comprehensive platform.
Best Stock Trading Partner
It’s complex but it gives options to start your portfolio trading from learner’s stage to qualified stage
Trusted broker
Offers Irish domiciled ETFs unlike other platforms. Trustworthy.
Continually expanding in UAE and now offers AED funding.
Best investing platform
Interactive Brokers is the best for my monthly investments.
Good broker
easy money transfer
Fun to work with
The app of the company covers all areas of investing. Good thing is also the automatic leverage. This is when buying quality stocks
IBKR
The most customer-friendly platform in the space
Best platform
I have used IBKR for nearly 5 years and love it. Has more tools then I am likey to use, but has always been easy to navigate.
Best
Simply best so far
Flexible Investing App
IBKR provide excellent platform to trade US stock for foreigner outside of US. IBKR allow me to leaverage the low trading cost which lead to higher ROI!
Fast and fair price
Good pricing and fast execution
No need for anything else
Excellent investment platform and tools. Just makes everything so easy!
Best Overall Trading and Investment Platform
Reliable. Stable. Secure.
5
Rage of service is excellent
Seamless platform
Best platform I’ve worked on - easy to navigate and trade on the spot. With money transfers very timely. Customer support superior.
The best trading platform
It is the platform that i rely on in investing options and long term assets
Very strong and complete platform
I use Interactive Brokers because I know I actually own the assets I'm buying. The fees are much lower than a traditional bank. Used by millions of people around the world, for me, IB is clearly the safest broker to invest with.
Good services
IBKR very stable platform, good services, designed for professionals (so new investors may need to find it little difficult in the beginning), charges could be lowered
great
fees are ok, platform is ok
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.
