Broker Review about IBKR
Interactive Brokers offers a variety of materials to assist you in better understanding IBKR products and services, markets, and technology.
Even the most seasoned traders and investors must continue to educate themselves in order to stay ahead of the competition.
Services Provided by IBKR
- Stocks/EFTs, Options, Features/FOPs, Cryptocurrencies, Mutual and Hedge Funds, and Bonds are all available to trade.
- On bonds, IBKR features no markups or built-in spreads, as well as modest and totally transparent commissions.
- Sign up for automatic payroll deposit or use our mobile app to deposit checks from anywhere.
Low transaction costs; - Free Trial: This provides you the chance to learn how to trade properly and, of course, to test the system.
IBKR Offers Many Types of Accounts
- Individual: The account holder has access to all functions. You can add extra users using a Power of Attorney; Cash, Regulation T, and Portfolio Margin are all alternatives.
- Joint: Assets are held in a single account that is shared by two people. A trust is a legally formed entity in which one person holds assets for the benefit of another.
- Individual Retirement Account (IRA): An IRA is a type of retirement account that is only available to US tax residents.
- UGMA/UTMA: A person or entity who administers a minor’s account until the minor reaches a certain age. Only available to residents of the United States.
Expert opinion about IBKR
We think that is very important to know everything about your partners. In order for us to make the right conclusion about this specific trading company, we expect your honest and accurate feedback about this company.
There are a lot of crooks in forex. It’s a real mess. If before it was more or less, there weren’t so many swindlers, now 9 brokerage companies out of 10 are 100% swindlers and crooks. And this broker is one of them. I don’t see anything good here. The activity is banal fraudulent, it is not regulated by anything and nobody, there is no financial commission. There is no proof that the company provides real brokerage services at all, maybe it is not a broker at all, but only shows a kind of broker, in order to take money from the hamsters and to screw them. I think that’s exactly the case here. In general, do not even dare to trade here. You’ll lose money for sure.
It happens not so often, but it did happen to me. I go into markets with the wrong broker, with no regrets and without my agreement this broker sell all my crypto and after they sent it to my bank. I can’t imagine a bigger stupidity. Please stay away from Interactive Brokers.
Like any other broker, Interactive Brokers accepted my deposit of 1500$ very fast, but after a few weeks of low income, I decided to withdraw my money, they just didn’t let me do it. which in my opinion is unacceptable.
Absolutely inadmissible treatment from IBKR, after i sign up an account they asked a lot of documents from, but of course this is not the problem. They verified them for more than 3 days, during this time and after i did not hear anything from them, after 6 days i was asked for another document. Six days have passed since i wanted to open my account. My initial plan was to invest in the stock market but because of their lack of professionalism, i lost 1,450$. I’m disappointed on this company. Now I don’t need their services anymore.
If you have a goal to achieve profits and to start a successful story in markets? Then keep yourself away from IBKR. They refuse to solve problems that appeared during trading activity on their platform, can you imagine how dismissively they treat their own clients?!