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Interactive Brokers reviews




Average: 3.5 based on 2 reviews
3.5
Interactive Brokers
Interactive Brokers Forex broker reviews
  • Website:
  • 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

Rating interpetation



United States, Madmanmunz

June 9, 2013



7 years Total
7 years with this Broker
5


IB is a first class organization. I never have had a problem with them that was their fault. Personal telephone help is excellent. Trader Workstation is complicated but once you have it set up to meet your needs....it can't be beat. PS I trust them,

Tags: Interactive Brokers reviews

sad_IB_user

June 12, 2011



6 years Total
3 months LIVE with this Broker
2


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

Tags: Interactive Brokers reviews
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