Interactive Brokerage Company
Interactive Brokers is known for its support in international trading and low-cost commissions. The platform allows traders to trade in stocks, options, bonds, and ETFs, on over 120 exchanges in 26 countries.
Interactive Brokers stands apart among the competitors due to integrated investment management, trading technology, low costs, and global access. Traders can trade worldwide through a single account and remain connected to all global markets.
The flagship trading platform of Interactive Brokers, Trader Workstation, ranks among the best platforms in the industry. It is suitable for active traders who trade various products and require flexibility. Trader Workstation comes with advanced algorithms, trading tools, and a variety of trading layouts for customization. The platform is further supplemented with in-depth news, research, and risk analysis tools.
The trading platforms are also available in the form of a client portal, mobile application, IBot, and WebTrader. All the platforms are technologically advanced and fulfill the needs of global traders who need to monitor and execute their portfolios on-the-go.
Interactive Brokers holds a high place in terms of research capabilities as well. The highlights include various screeners, back-testing functionality, portfolio analysis tools, and much more. PortfolioAnalyst, the research product of Interactive Brokers, provides traders with a detailed analysis of the makeup and performance of their portfolio.
Interactive Brokers is also well-known as a trading academy. It offers valuable knowledge and information to beginners as well as experienced traders. The students get a deep understanding of the markets, asset classes, currencies, tools, and functionalities. Interactive Brokers adds up to education through webinars, videos, short courses, and tours.
Additionally, Interactive Brokers claims its stock commission rates to be 83% lower than its competitors. It offers both the fixed rate pricing and volume-tiered pricing. The margin rates are also exceptionally low.