Regulation: CFTC (US), SEC (US), FCA (UK)
Operating since: 1977
Trading model: ECN
Trading platforms: Traders Workstation (TWS), ProTrader Multi-Connect (PTMC)
Min. Deposit: $10,000 ($10 million from September 1, 2016)
Max. Leverage: 1:50
Bonus: No
Interactive Brokers is a leading US broker and a market maker with almost 40 years of experience. It offers online trading in stocks, options, futures, forex, bonds, contracts for difference (CFDs) to retail and institutional clients alike.
Headquartered in Greenwich, Connecticut, Interactive Brokers has offices in the USA, Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, Japan, India, China and Estonia. The group companies hold licenses by the relevant authorities in the US and the UK and has offices in North America, Europe, Australia, and Asia.
Interactive Brokers Group, Inc. (NYSE: IBKR) was listed on the New York Stock Exchange back in 2007 and is currently the largest forex broker in terms of market cap.
Cost of trading
Spread: from 0.1 pips on EUR/USD
Commission: 0.2 pips
Latest news about Interactive Brokers
Interactive Brokers expands offering with Sterling Trading Tech trading platforms
Interactive Brokers, a US broker-dealer also offering forex trading, said it has added the professional trading platforms of Sterling Trading Tech (STT).
Interactive Brokers posts 4.7% rise in May DARTs
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) reported a 4.7% increase in the number of Daily Average Revenue Trades (DARTs) (executed client orders) for May,
Interactive Brokers to sell options market-making division to Two Sigma Securities
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) has signed a definitive agreement with Two Sigma Securities to divest its US options market-making business
Interactive Brokers reports small decline in April DARTs
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) reported an almost negligent decline in its April client Daily Average Revenue Trades (DARTs) (executed client
Interactive Brokers reports drop in Q1 net revenues, YoY
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) reported a decline in its Q1 2017 net revenues, compared to the same period of the
Interactive Brokers’ Canadian arm offers traders to earn by lending it stocks they own
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) said its Canadian unit has launched a Stock Yields Enhancement Program, under which clients can lend
All but one retail forex brokers reflect well FXCM’s US market exit, Gain Capital turns biggest gainer
The exit of US forex giant Forex Capital Markets, or FXCM, has had a positive impact on the rest of the market
Interactive Brokers’ DARTs remain stable in Mar 2017, despite decline
US multi-asset brokerage Interactive Brokers (NASDAQ:IBKR) generated a stable daily average revenue trades (DARTs) of 649,000. The figure represents a decline of
Interactive Brokers exiting options market making, to focus on more profitable activities
Multi-asset automated brokerage Interactive Brokers (NASDAQ:IBKR) said it has decided to cease offering options market making services on a global scale. The
US forex brokers continues to slowly stabilize total retail deposits in Jan 2017
The combined retail forex client deposits of brokers operating in the US continues to slowly, but steadily stabilize, indicated the latest data