Can you trade spot forex with IBKR in the US or is it just currency futures?

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Yes, you can trade currency futures with direct market access and currency options on the Interactive Brokers trading platforms.

Interactive Brokers US Forex Trading Review: Seriously advanced trader tools for professionals
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Product Name: Interactive Brokers US Forex Trading

Product Description: Interactive Brokers has been offering forex trading services in the US since their inception in 1978. As a pioneer in the industry, Interactive Brokers has established itself as a reputable and reliable broker for forex trading, offering competitive spreads, advanced trading platforms, and a wide range of currency pairs to trade. Over the years, Interactive Brokers has continued to enhance its forex trading offerings, incorporating advanced technology and features to meet the evolving needs of traders.

Can you trade forex with Interactive Brokers in the US?

Yes, you can trade currency futures with direct market access and currency options on the Interactive Brokers trading platforms.

Interactive Brokers is a great forex broker for those who want to trade on exchange currency contracts rather than spot FX.

Through IBKRs FXTrader you get interbank quality FX spreads, the ability to trade spot alongside on-exchange futures and over 20 forex order types like trailing stops to lock in profits if a position is going your way, OCO and scaled execution for large orders.

IBKR US Address: Interactive Brokers LLC, One Pickwick Plaza, Greenwich, CT 06830, United

IBKR Forex Trading

Pros

  • Very low dealing fees
  • Wide market range
  • Direct market access
  • Complex order types

Cons

  • Customer services can be slow
  • Pricing
    (5)
  • Market Access
    (5)
  • Online Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (5)
Overall
4.8
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