Investing (US)

Interactive Brokers Investing app full review

Interactive Brokers is a great broker with many great research trading tools. If you want to know more about the Interactive Brokers Investing app, keep reading our full review!

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by Victória Lourenço

Published on 09/27/2021

Interactive Brokers Investing app

Learn more about the Interactive Brokers Investing App in our full review! Source: Interactive Brokers
Learn more about the Interactive Brokers Investing App in our full review! Source: Interactive Brokers

Interactive Brokers is a broker that can be a great fit for experienced traders. It even offers the Interactive Brokers Investing app to make investing even better for users. This broker has very competitive commissions and fees.

Even though this app has amazing tools for experienced traders, it released a feature for more beginner trades, which is the IBKR Lite. The platform of IBKR Lite offers commission-free trades on ETFs, mutual funds, and even on US-based stocks. So, if you want to learn more about this great broker, keep reading our full review.

How to join the Interactive Brokers Investing app?

Do you fit the trader profile to join Interactive Brokers Investing? If so, keep reading to know how to open your IBKR account!

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How does the Interactive Brokers app work?

This broker has low trading fees and great features. Source: Gettyimages
This broker has low trading fees and great features. Source: Gettyimages

This broker offers very low trading fees, and it works best for people who have a bit more experience with trading. It has many great research tools and useful features for trades. WIth an IBKR account, you have many trading options, such as stocks, bonds, ETFs, mutual funds, futures, options, and more.

Interactive Brokers investing app benefits

Pros

  • This broker has some very low trading fees compared to other brokers in the market.
  • Amazing research trading tools.
  • This broker offers a number of types of accounts.
  • Cryptocurrency investments are available.

Cons

  • The desktop platform of IBKR can be a bit complex to use.
  • IBKR Lite account users can be at a bit of a trading disadvantage compared to the other users.

Should you join Interactive Brokers Investing ?

Find out if you should join IBKR investing. Source: Gettyimages
Find out if you should join IBKR investing. Source: Gettyimages

If you are a beginner in trading, you might need to do a bit more research before opening your IBKR account. That is because this broker has a platform with more advanced and great features for more experienced traders. However, if you already know a bit about trading and you would like to do casual trading, you can use the IBKR Lite option.

Can anyone open an Interactive Brokers account?

If you fit the profile to have an Interactive Brokers account, then you can search for information about what you need to open it. Different requirements are depending on which country you live in.

How to open an Interactive Brokers account?

It can be a little bit complicated to open an IBKR account. However, you can find very detailed information about what you need to open your account. This detailed information can be found on IBKR’s website. But, you can also read our post below to find out how to open your IBKR account.

How to join Interactive Brokers Investing app?

Do you fit the trader profile to join Interactive Brokers Investing? If so, keep reading to know how to open your IBKR account!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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