Interactive Brokers Group, Inc. was founded by its Chairman and CEO Thomas Peterffy. Over the last 32 years, it has grown internally to become one of the premier securities firms with over $4 billion in equity capital.
Interactive Brokers conducts its broker/dealer and proprietary trading businesses on over 70 market destinations worldwide. In its broker dealer agency business, IB provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds and funds worldwide. Interactive Brokers Group and its affiliates execute approximately 1,000,000 trades per day.
Interactive Brokers' headquarters are in Greenwich Connecticut, and it has about 650 employees in its offices in the USA, Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia and Estonia. IB is regulated by the SEC, FINRA, NYSE, SFA and other regulatory agencies around the world.
by (0)
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29 out of 30 found this helpful |
I have been using IB for about 2 years and am very happy with them. They have so much to offer that their site can be intimidating at first but they have an 800 help number and their people are a joy to talk to. I really like their smart routing particulary with options where the bid/ask can be very different from one exchange to another. Smart Routing will get you the best price. If you trade small amounts the cost of a trade can be $1.00 and there are no maintenance fees.
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by creat326 (1)
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9 out of 10 found this helpful |
I've been using them for years now and to make a long story short:
Great pricing, cheapest commissions around, access to all markets and excellent system.
Horrible (and I mean, horrible to suckingly bad) customer service. I hardly have to contact them for anything but when I do, it's like a visit to the dentist.
In my view, the pros outweight the cons, that's why I still use them. If you are a beginner with questions, don't even bother to try them, they can literally hung up the phone on you.
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by robrich (1)
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5 out of 7 found this helpful |
I tried to open an account with them online and I kept getting error messages before completing it. they said it's my browser first remove all cookies and history I did no luck. tried safari -nopoe doesn't work with that either. they said get firefox. I did-didn't work with that either halfway through another error message. so i tried a paper app and opened friends and family took 2 weeks they opened the accunt but it's only a shell account now open client account oops you need to fill out another very long app and you have to give a new email address. oops don't have another and on and on and on.
went back and tried an individual account oops error halfway through.
monumental waste of time. Most unfriendly anything I've ever used.
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by markettaker (1)
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4 out of 8 found this helpful |
InteractiveBrokers is the best.
Also, you have TD Ameritrade and Think or Swim listed but the Ameri just bought Think.
Let me know if you need any more help. I'm a financial monster and own a conglomerate of companies helping people
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by 398669 (1)
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3 out of 4 found this helpful |
I have been using IB for about 2 years and am very happy with them. They have so much to offer that their site can be intimidating at first but they have an 800 help number and their people are a joy to talk to. I really like their smart routing particulary with options where the bid/ask can be very different from one exchange to another. Smart Routing will get you the best price. If you trade small amounts the cost of a trade can be $1.00 and there are no maintenance fees.
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