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Interactive Brokers reviews
Average: 2 based on 1 reviews
Interactive Brokers
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- Website: www.interactivebrokers.com
- Year since: 2004
- Headquarters: Greenwich, CT, United States
- Company registration: Interactive Brokers LLC, United States;
Interactive Brokers (U.K.) Ltd;
Interactive Brokers Canada Inc.
- Regulation: NFA (ID #0258600); FSA UK (reg #208159); IIROC.
- Notes: Interactive Brokers LLC is a member NYSE, FINRA, SIPC.
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REVIEWS & RATINGS




sad_IB_user
June 12, 20116 years Total
3 months LIVE with this Broker
I use MT4 with OandA to successfully trade a few robots. With the rise in quantities and the increasing complexity and overhead of code, I decided to explore alternatives. I never have anything good to say about anything - just as long as it works.
* The trading application - (Trader Workstation) can be very complex - a double edged sword depending on your needs
* The app often presents with options that are ambiguous
* The app logs you out once every day - not an option for automated trading
* The app is so unstable that a third-party app has been written to manage it effectively (TWSStart) OUCH!
* IBs servers are restarted daily, leaving your trading strategy disconnected
* You can only be logged in once - no checking the status of your orders remotely!
* IB will generate you your username - one I never remember
* Customer service is 9-5 EST weekdays
* Historical data for backtesting is difficult to download and must be fetched in many batches
* forex orders must be in half pips when everyone else has moved to tenth pip