- Experts highlight Interactive Brokers US Options Trading as an exceptional choice for advanced options traders, noting its unbeatable commissions, global market access, and cutting-edge trading platforms. The service is praised for its tailored trading permissions, allowing users to customise their trading strategies effectively. However, some concerns were raised regarding the speed of customer service.
- Across 1374 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform for its low fees, extensive market access, and user-friendly interface. Many users appreciate the comprehensive tools and resources available, which enhance their trading experience. However, there are recurring criticisms about the responsiveness of customer service, with some users expressing dissatisfaction with the support provided.
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 US Options Trading across five key areas of our review framework.
- Pricing4.5
- Market Access4.5
- Online Platform5.0
- Customer Service3.5
- Research & Analysis4.5
Pros
- Very low dealing fees
- Wide market range
- Direct market access
- Complex order types
Cons
- Customer services can be slow
See full expert review
Our verdict
When it comes to advanced options trading, Interactive Brokers outshines the competition with its unbeatable commissions, global market access, cutting-edge platforms, and tailored trading permissions. Make the smart choice and unlock your full trading potential with IBKR Advantage. Compare the facts, and see why Interactive Brokers is the clear winner for advanced options traders worldwide.
Summary
A great choice for US options traders who want access to a huge range of markets and the ability to create complex options strategies.
- Unbeatable Commissions: With commissions ranging from just USD 0.15 to 0.65 per US option contract, Interactive Brokers offers some of the most competitive rates in the industry. Save on costs and maximize your trading potential.
- Global Market Access: Gain access to over 30 market centers worldwide. Trade options on a global scale, opening up a world of opportunities and allowing you to diversify your portfolio across international markets.
- Cutting-Edge Platforms: Experience the power of our professional-grade trading platforms designed specifically for advanced options trading. Take advantage of advanced tools and features, empowering you to execute your strategies with precision and confidence.
- Tailored Trading Permissions: Choose from four levels of options trading permissions to match your unique trading strategies. Whether you’re a seasoned pro or just starting out, Interactive Brokers offers flexibility and customization to meet your individual needs.
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
good
information
Yes, I'm just wait to see how they perform
Digital Crypto currency, stock exchange, trading and stock market
Informative
All the information is so easily accessible for beginner investors like myself.
Simple & Best Price
Nice Interface and very good Prices in General...also easy to use.
Excellent
Excellent mobile platform for trading global markets
Complete
Very broad, stable and cost efficient
Value
They provide a comprehensive service, which they are constantly improving and enhancing. Excellent value for money and sophisticated functionality. I'm constantly finding new resources to help with my investment decisions and risk management.
Quickly & easy
Answer/ trasnfers
Best
Fast and easy execution
professional
great value for money
Outstanding
The level and quality of service is above and beyond any other 'broker' operating in the UK. Most others call themselves brokers but don't have direct market access and so are, in reality, merely platforms: agents that push orders to other brokers. The result is a poor service, bad execution quality and a negative impact on investment returns. Additionally, the Interactive Broker platform is in a league of its own.
If you want an analogy, Interactive Brokers is like driving a Ferrari, while the competition are still using bicycles!
Reliable
Is reliable and diversified
Professional
Customer support is excellent. The app are clunky but work well. I used them for personal investments.
World class trading
'- Multi-currency account
- Worldwide trading
- Sophisticated 24h real-time trading system
- Easy to use client interface
- FX trading
- Favorable fees, commissions and interest rates
- Powerful reporting tools
- Broad range of investment products
- Fair deal execution
- Comprehensive worldwide market information
- Client focus - Fantastic value for money
Organised
They are very clear and sympathetic in encouraging good practice were proper risk management is concerned.
Value for money
Excellent rates
Confusing customer service
My experience with IBKR customer service fell short of my expectations and the response time was excessively long.
Their customer service representatives appear to copy-paste responses without much care.
Security
Provides several investment instruments.
Cheap and complete
IBKR shows really good prices and provide more details and better record-keeping than other providers.
Great service provided at nominal fees
Great UI, Analysis tools, Reasonable fee structure
Yes, Interactive Brokers has one of the best American options trading platforms for all types of clients because of their market range and strategy builders.
- Expert opinion: Interactive Brokers (IBKR) full review
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.
