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, 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.
Compare IBKR’s to other leading trading apps below:
| Trading App | Markets Available | Minimum Deposit | GMG Rating | More Info | Risk Warning |
|---|---|---|---|---|---|
 | 12,000 | £100 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 1,200 | £1 | See Platform | 75.3% of retail investor accounts lose money when trading CFDs with this provider | |
 | 10,000 | £1 | See Platform | 64% of retail investor accounts lose money when trading CFDs with this provider | |
 | 2,000 | £100 | See Platform | 80% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 17,000 | £250 | See Platform | 70% of retail investor accounts lose money when trading CFDs and spread bets with this provider. | |
 | 9,000 | £1 | See Platform | 65% of retail investor accounts lose money when trading CFDs with this provider | |
 | 7,000 | £1 | See Platform | 62.5% of retail investor accounts lose money when trading CFDs with this provider | |
 | 2,976 | $50 | See Platform | 51% 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 | |
 | 12,000 | £1 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 5,000 | £1 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 2,100 | £1 | See Platform | 76% of retail investor accounts lose money when trading CFDs with this provider | |
 | 3,981 | £10 | See Platform | 66.95% of retail investor accounts lose money when trading CFDs with this provider |
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.
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