Does Interactive Brokers Have A Good Trading App?

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Interactive Brokers Trading App

Yes, IBKR is one of the best apps for sophisticated and professional traders is the IBKR Mobile as which replicates some of the functionality of the Interactive Brokers desktop TraderWorkstation platform.

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.

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, 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,Β 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.

Interactive Brokers trading app

Compare IBKR’s to other leading trading apps below:

Trading AppMarkets AvailableCustomer ReviewsGMG RatingMore InfoRisk Warning
City Index Trading App12,000
3.6
(Based on 101 reviews)
(4.9)
See Platform69% of retail investor accounts lose money when trading CFDs with this provider
Forex.com Trading App5,000
3.9
(Based on 14 reviews)
(4.9)
See Platform76% of retail investor accounts lose money when trading CFDs with this provider.
Interactive Brokers Trading App7,000
4.4
(Based on 873 reviews)
(4.3)
See Platform60% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Trading App10,000
4.3
(Based on 256 reviews)
(4.6)
See Platform64% of retail investor accounts lose money when trading CFDs with this provider
Plus500 Trading App2,000
3.7
(Based on 144 reviews)
(4.6)
See Platform80% of retail investor accounts lose money when trading CFDs with this provider.
IG Trading App17,000
3.9
(Based on 678 reviews)
(5)
See Platform70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
CMC Markets Trading App12,000
3.7
(Based on 148 reviews)
(4.5)
See Platform68% of retail investor accounts lose money when trading CFDs with this provider
Saxo Markets Forex Trading9,000
3.6
(Based on 73 reviews)
(4.9)
See Platform65% of retail investor accounts lose money when trading CFDs with this provider
XTB Forex Trading2,100
4.6
(Based on 136 reviews)
(3.8)
See Platform75% of retail investor accounts lose money when trading CFDs with this provider
eToro Trading App2,976
3.4
(Based on 276 reviews)
(4)
See Platform51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Pepperstone Trading App1,200
4.6
(Based on 86 reviews)
(4.8)
See Platform75.3% of retail investor accounts lose money when trading CFDs with this provider

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