Interactive Brokers: A Professional-Grade Trading Platform for Active Traders and Institutional Investors
Interactive Brokers is a trading platform designed for active traders and institutional investors. With a focus on professional-grade tools and low fees, Interactive Brokers is a popular choice for traders who demand a high level of control and customization in their trading strategies. In this article, we'll take an in-depth look at Interactive Brokers and its features.
Investment Options
Interactive Brokers offers a wide range of investment options, including stocks, options, futures, forex, bonds, and ETFs. They also offer access to international markets, with trading in more than 135 markets in 33 countries. Interactive Brokers is a leader in the area of margin trading, with low margin rates and a powerful margin trading platform.
Fees and Commissions
Interactive Brokers is committed to low fees and transparency. They offer some of the lowest fees in the industry, with commission rates starting at $0.005 per share. They also offer volume discounts for high-volume traders and institutional investors. Interactive Brokers charges fees for some, such as market data, research, and paper statements.
Trading Tools and Features
Interactive Brokers offers a range of powerful trading tools and features, including their flagship platform, Trader Workstation (TWS). TWS is a sophisticated trading platform that offers a range of features, including customizable charting, real-time streaming data, and advanced technical analysis tools. Interactive Brokers also offers a more user-friendly platform called WebTrader, which is available for web and mobile.
Research and Education
Interactive Brokers offers a range of research and educational resources to help investors make informed decisions. They offer access to third-party research and analysis from companies such as Morningstar, Reuters, and Zacks. They also have their own in-house research team, which produces a range of reports, articles, and webinars. Interactive Brokers offers a range of educational resources, including online courses and in-person events.
Customer Service
Interactive Brokers is committed to high-quality customer service. They offer a range of customer service options, including phone support, email support, and online chat. They also have a network of offices throughout the world, where investors can get in-person support and advice.
Conclusion
Interactive Brokers is a professional-grade trading platform that offers a wide range of investment options, powerful trading tools, and robust research and education resources. With some of the lowest fees in the industry and a commitment to transparency, Interactive Brokers is a good option for active traders and institutional investors. Whether you're a professional trader or an institutional investor, Interactive Brokers has something to offer.