Interactive Brokers (IBKR) has long been a favourite among professional and active traders.
Known for its low trading costs and advanced tools, the platform consistently ranks as one of
the top brokers globally. But does it still hold up in 2025 as the best choice for active traders?
This review takes an in-depth look at what Interactive Brokers offers and whether it meets the
needs of this demanding user base.
Company Background
Founded in 1978, Interactive Brokers has built a strong reputation for its institutional-grade
trading tools and global reach. It operates in over 150 markets and provides a wide range of
assets, including stocks, options, futures, forex, and bonds. With regulation from top-tier bodies
like the SEC, FINRA, and FCA, IBKR is known for its robust security and compliance.
Key Features
- Low-Cost Trading
Interactive Brokers offers some of the most competitive pricing, with commissions starting as
low as $0 for U.S. stocks. Active traders benefit from tiered pricing, which reduces costs based
on trading volume. - Advanced Tools
The Trader Workstation (TWS) platform is packed with features such as customizable charts,
real-time market data, and advanced order types. - Global Market Access
With access to over 150 markets, traders can invest in a wide variety of assets across
different regions. - Research and Education
IBKR provides an impressive array of research tools and educational content, helping traders
stay informed and improve their strategies.
Fees and Pricing
Interactive Brokers is known for its transparent fee structure. While U.S. stock trades are
commission-free, options and futures have competitive fees ranging between $0.15 to $0.65 per
contract. However, margin rates may not be as low as some competitors.
Advantages
- Low commissions: Ideal for frequent traders who want to minimize costs.
- Extensive market access: Covers global markets and multiple asset classes.
- Professional tools: TWS is unmatched in terms of customization and functionality.
- Regulatory compliance: Highly secure and trusted by regulators.
Disadvantages
- Steep learning curve: Beginners may find the platform overwhelming.
- Inactive account fees: Small traders may incur inactivity fees if account minimums are not met.
- Limited customer support: Phone and chat support can be slow during high-volume periods.
Ideal User Profile
Interactive Brokers is best suited for active and professional traders who require advanced tools
and are comfortable navigating a complex platform. Beginners or casual investors might find the
interface daunting and may prefer simpler alternatives.
Conclusion
Interactive Brokers continues to dominate as a top choice for active traders in 2025. Its low fees,
global reach, and professional-grade tools make it ideal for those who value advanced
functionality and a wide range of investment options. However, its complexity might deter less-
experienced traders. If you’re an active trader looking for a broker that prioritizes performance
and cost efficiency, IBKR is still worth considering.
