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Dogs of the Dow

Interactive Brokers Reviews

Here you can review a collection of Interactive Brokers reviews from fellow Dogs of the Dow investors regarding Interactive Brokers. For our list of the best low commission online brokers, take a look at our exclusive list of Top Dog Brokers. And, as always, if you have experience with a deep discount broker, simply fill out our Top Dog Brokers Comment Form and let us all know what you think.

Reader Interactions

Comments

  1. Bert says

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    Pros: email relevant info about equities in or acct.

    Cons: Interactive Brokers platform TWS is not intuitive.

  2. Gerrette says

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    Platform not very easy to use versus Thinkorswim.

  3. Ian says

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    Pro: commissions but lacks in personal service

  4. Ward says

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    Security to access my account seems excessively difficult compared to others.

  5. Mark Udden says

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    Very inexpensive trades. I can trade Canadian and other foreign stock exchanges directly.

  6. Romulus says

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    Pro: Low commission, fees, execution. Cons: Too complicate platform structure.

  7. Ramveluri says

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    Lowest fee; Quick fills; Stocks available for shorting; Simple and Efficient.

  8. Teague Christine says

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    Con: Hard to understand platform. Pro: Cheap trades.

  9. Peter McAdam says

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    It’s a good site, but complex and convoluted. Not too intuitive.

  10. Edward Manfredi says

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    Long “on hold” wait times for customer service; otherwise examplary.

  11. Ed Cooper says

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    Pro: Very low fees, good website. Con: Fees, lack of return on uninvested funds.

  12. Nathan Bregman says

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    Best execution, low fees, great service.

  13. Michael Defoe says

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    Great commissions/fees/offerings. Website and cell phone apps leave a lot to be desired.

  14. SJJ says

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    Commissions are low, no extra fees, good execution.

  15. Helmut Meyer says

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    Pros: large selection of financial products. Cons: Very complicated rules, not easy to understand, specifically when being used in Europe having depots in UK and the US — difficult even for a lawyer.

  16. Helmut Meyer says

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    Price structur ok. Complex & impossibl to look through rules for different accounts UK- or US-based.

  17. William Prior says

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    Low commissions and margin interest but communication not ideal.

  18. Nathan Bregman says

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    Great service, complete markets, options experts, best commissions and lowest rates.

  19. Jess says

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    Pros: Low cost. Cons: Unavailability.

  20. Szakacs Janos says

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    Simple, cheap and very large range of offerings.

  21. Marcel van Buynder says

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    A huge range of offerings, usability could be much better.

  22. Jill says

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    Professional; competent; it just always works like it should. I used to use Preferred Trade, but it crashed regularly. Have been using IB about 8 years and no crashes.

  23. Farhang Polad says

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    Pros: Low commissions. Wide international range of products. Cons: Terrible charting program. Complicated website usability. Very difficult to contact customer service in all ways: telephone, online, and email.

  24. C H says

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    Pros: Very cheap commission (though there are other fees such as market data feed), cheap interest rate for marginal trades, fast. Cons: Not-easy-to-use GUI, confusing report, troublesome report (having to take time to generate it on-the-fly. I’d rather getting static monthly reports), troublesome login process that makes it a pain to login (downloading Java webstart GUI; enter userID/pwd as well as codes by refering to a code card). I am very reluctant to login, and only force myself to do so when I see potential opportunities.

  25. Mohamed Abuharaz says

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    Cheap. Fast. Poor customers service.

  26. Mohamed Abuharaz says

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    Cheap, easy to use.

  27. Michael Defoe says

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    Low fees, quick trading, no hassle.

  28. Christopher Tahir says

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    Pro: simple interface, all in one interface for any instrument tradings, super low fee, available for multi platform traders. Cons: bad GUI for chart

  29. Jose Bernardo Trevino Zermeno says

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    Low commisions, very good trading workstation.

  30. Karen Federici says

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    Customer service is slow, need online chat.

  31. Robert Valois says

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    Lowcost, fair account info.

  32. David Spielberg says

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    Interactive Brokers is really best for the frequent trader. The commissions are low but there are fees for inactivity, IRAs, data, etc. and customer service isn’t the best.

  33. Samuel Phillips says

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    Sure they’ll say it’s 0.70 but their customer service is awful. And then they have all those hidden fees – so complicated, better read the fine print.

  34. Kevin Coulard says

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    Their customer service is not good – you get what you pay for I guess. They’re slow and that ended up costing me $$$. I am considering switching even if I know I’ll have to pay more. In the long run, I am not saving any money.

  35. Joe Maher says

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    Great trading system, real time, easy order entry and the lowest price around. Half a cent for stocks and $.70 per option period.

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