- 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
Best trading platform… truly international
Best execution … best availability of markets… best user friendly interface…. Best mobile app… best workstation application…. Competitive fees
Efficient security & accessible application
IBKR provides you a high level of security that any investor looking for and 360 reviews of asset classes you willing to invest in along with holistic analysis including all parameters on technical & fundamental levels which is make your investment decisions smoothly.
IBKR is good trusted Platform for stock trading
i like their APP and updates and services they providing
also they are world knwon broker for Investing + listed in US Stock market
Best Broker
Best Broker i tried them all
My investment partner
Almost 6 years of trading with IBKR.. i would never regret it
Best trading platform
Best us stock trading platform
Very happy
Great service good pricing
Really good service
Thank you for clearly and trueless service
stable, comprehensive, no-nonsense, good price
if you are investing for mid- long term, broadly interested in markets but not trading, trying to build and preserve the wealth for a long term (like me), then this platform is for you. Regardless of level of sophistication IBKR is offering a good product. Purchase prices are competitive even for small amounts, fractional shares help when your portfolio is just starting, variety of stock exchange offering ensures you can rally go global in your selection, interface is clear.
And by the way ... it just works.
Great platform for investing
It has been a great platform for investing with many options for stock selection and easily to deposit and withdraw funds
Fast, Helpful Support for Traders
This platform is excellent, but what makes it the best is its support. The team is incredibly fast and helpful, answering questions and resolving issues promptly. This reliability is crucial for a smooth and effective trading experience for beginners like me.
IBKR truly awesome
IBKR is most responsible for my wealth creation through their amazing platform for investing. They offer top notch security, easy to use UI. They offer direct investment opportunities all around the world. Truly an amazing platform for building wealth.
Truly Best trading platform
very transparent platform
Efficiency
Amazing platform reliable
IBKR Best
IBKR is best
IBKR is just amazing
Easy-to-use, reliable, fast order processing are some of the top features of IBKR that I like.
Safe to invest with it
Save to invest money through interactive broker .. thanks for your services
The Gold Standard
I have been using IBKR for trading and investment purposes and highly recommend it to anyone looking to access markets worldwide. I strongly vouch for their integrity and transparency in all of their services and recommend them for your award.
Doesn't get better than this, pure power
Democratically empowering retail investors with institutional reach capabilities. Robust platform for global trading. Cutting edge capabilities provides a seat at the trading table. Price management algorithm protects your interests. Screeners cut through to what matters. News feeds cover your ecosystem of interests. Only tool you will need for financial empowerment. Lowest costs allow to trade first and think later
Great and reliable service
I find the service very reliable. Not too many emails and it just does what it should.
Security is also up to mark.
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.