Interactive Brokers Group, Inc. was founded by its Chairman, Thomas Peterffy. Over the last 43 years, it has grown as a securities firm with over $9 billion in equity capital.
Interactive Brokers conducts its broker/dealer business on over 135 market destinations worldwide.
In its broker dealer agency business, IBKR provides direct access trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, fixed income and funds worldwide.
Interactive Brokers Group and its affiliates execute over 2,109,000 trades per day.
Interactive Brokers is headquartered in Greenwich, Connecticut and has over 1,850 employees in its offices in the USA, Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, Japan, India, China, Luxembourg, Singapore, Ireland and Estonia.
They are regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world.
Interactive Brokers has two tiers of service:
IBKR Pro clients access the IB SmartRoutingSM system, which provides $0.47 per 100 shares price improvement vs. the industry.
Both tiers of service have a $0 account minimum and offer fractional shares of stock. IBKR Lite has no account maintenance or inactivity fees.
IBKR Pro charges an inactivity fee, though it's possible to skirt that if you trade relatively frequently.
Key features of Interactive Brokers:
Additionally, here's a free guide that can help you achieve better results. In this guide, you'll learn:
You can trade: ETFs, fractional shares, bonds, mutual funds, stocks, options, futures, forex and metals.
This is the most flexible, cost effective account I've found.
I researched plenty...
I was looking for the ability to match my trading ambitions (which are diverse) and I got so much more with the Interactive Brokers account.
They add new functions and features all the time as well - I recommend this to all my friends.