- Good Money Guide experts highlight Interactive Brokers as a leading forex broker in the US, commending its low dealing fees, direct market access, and a wide range of order types. The platform is noted for its competitive spreads and advanced trading features, although some concerns were raised about the speed of customer service.
- Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently praise the platform's low costs, extensive market access, and advanced trading tools. Many users appreciate the user-friendly interface and efficient execution, while some express frustration with the responsiveness of customer support.
Interactive Brokers US Forex Trading 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 Forex Trading across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- Online Platform5.0
- Customer Service4.0
- Research & Analysis5.0
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
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
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 1,375 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Persuading
Best conditions and amazing professional platform
Comprehensive platform
Hav all the possible options availed to trade or invest
Easy to use and best broker
Ibkr app is easy to use, broker seems at a big level entity
Affordable and smart
IBKR has one of the lowest fees for trading stock and ETF. And they make transactions so affordable and friendly for non-professional users like me.
Best Investing and Trading Platform
IBKR delivers excellent investing and trading: innovative tools, low fees, great execution, broad market access, and unmatched reliability for global investors.
Value for money
Easy to use,good investment options and transparent .
IBKR Review
Great platform
IBKR - a trusted partner
Very collaborative and transparent easy to handle platform.
IB Vote
Good app and easy transactions
IBKR is Trusted Brokers
IBKR is Trusted brokers and giving me a confidence, highly recommended.
Complete Brokerage Services
IBKR has competent customer service. The customizable fee schedule for add ons is extensive and allows one to keep their fees to to what they desire. I use the trading platform to access bourses around the world that most other brokerages can not.
Ease to operate platform
Interactive has created excellent platform to trade in equities.
Amazing
Best platform I've ever used!
Good Company data and trade execution
Interactive brokers provide a comprehensive and easy to use platform with a logical structure providing information on various asset classes, funds and ETFs with cost effective execution. Furthermore the facility to lend stocks provide optionialities for income and other services for various risk profiles.
Long-term trustworthiness
I've been using Interactive Brokers for the last 8 years and it is by far the best long-term investment platform on the market. Low commission, no inactivity fee, excellent reputation and plenty of educational tools and resources.
Simple Investing
Easy to use and efficient.
Good
All good
But slow customer service
We would like to chat live ,with a click of a button
5
amazing program
Perfect broker
Very very professional broker
interactive Brooker
a mio avviso IB è la migliore piattaforma che ho trovato in rete, professionale e sempre aggiornata. IB lavora in modo professionale con un alto standard.
Lavora su tutti i mercati e debbo confessare che le competenze sono altissime.
Consiglio vivamente IB
Yes, you can trade currency futures with direct market access and currency options on the Interactive Brokers trading platforms.
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.