Interactive brokers reddit review. by number of daily average revenue trades.
- Interactive brokers reddit review They are one of the most used, and comprehensive financial brokers in the world and provide access to an astounding number of financial instruments in markets across the world and have excellent customer service, via phone, online chat and many more. Interactive's trade data on fill types is made available (anonymized) so you could even do an analysis. There is a $10 minimum fee per month, though, so yeah, not the best place to park stocks. For a PM account, ideally the broker notices that the UPRO and TMF are inversely co It looks like a great offer from a brokerage firm. 6 days ago · So, overall, Interactive Brokers is a much better broker than DEGIRO. On the phone, you can download IMPACT. Nov 29, 2024 · thumb_up_off_alt Pros. the market data fee is 10 bucks per month assuming you're not using lightspeed as a professional trader. Eg. Their pricing structures are possible because of the sheer volume they command. Ofc if i do that, i would lie, but the question is how that affect my taxes later if they cross information? please note im outside of the US. Just wondering if there are any potential risks. yeah, basically PM is a separate rule that allows your broker to consider your portfolio as a whole rather than each asset individually. You can't buy the ARKK ETF either in or outside an ISA. I'm looking for a cheap DIY discount broker without going so cheap that quality starts diminishing. Please view our community rules before posting a comment. I wished TDAmeritrade would change their mind. There are so many things wrong in the article it looks like a paid advertisement. If you want more details, you can read my DEGIRO Review. Plus, learn what’s included in each plan. Aug 19, 2024 · In the below simulation, a 20-year accumulation period broker bill comes out at €750 for Interactive Brokers. Hi Guys, I am having trouble depositing the money into my IBKR account. Founded in 1977, Interactive Brokers is publicly listed (NASDAQ: IBKR) and regulated in a staggering nine Tier-1 jurisdictions. But I would like to see real review if someone use XTB here. What I've started doing is writing notes as I make the trade, things like why I entered etc. Most Canadian brokers are more lax with the settlement rule. I am a canadian resident, but also have citizenship in my home country, with bank accounts there, in Canada and in the US. Interactive Brokers este o platforma de tranzactionare internationala, iar taxele de retragere depind de locatia ta si de modul in care retragi fondurile. Two of its competitors in the same category are much more expensive. In general, Interactive Brokers percepe o taxa de retragere, care poate varia in functie de metoda de retragere aleasa (transfer bancar, card de credit, etc. The cost is €3,600 for Swissquote Luxembourg, due to higher trading commissions and over €15,200 for Saxo Bank, largely due to ongoing custody fees. . Plus users get a $0 commission cost for etf and stock trades. Go to forums to discuss how best to perform what kinds of trades you want. Now my orders are filled in nanoseconds. First time wanting to invest in stocks overseas like Tesla. The company has several subsidiaries, and each one with its own rules. Writing the review after my second month in SARWA. 15%), but it only compensates for larger amounts - even here Trading 212 may compensate) - Invest in Options? Definitely, Interactive Brokers By the way, Trading 212 uses Interactive Brokers as a custodian. Thanks IBKR_Official is the official Reddit account for Interactive Brokers. I've never used support lines. Apr 11, 2024 · Interactive Brokers offers access to trading in more than 150 markets in 34 different countries and territories. by number of daily average revenue trades. The actual calls for trading were not bad. As a short tl;dr the problems are that it can be too complex for beginners and that the customer support isn't great. To name a few: Interactive Brokers UK Limited: As a UK resident, you will be under this legal entity, which gives you a protection amount (cash + assets) of up to £85,000. 5% on forex. It operates the largest electronic trading platform in the U. The key points of note with IBKR are they charge only 0. Take advantage of manual routing. 1 year has passed since the OP. Jan 2, 2025 · Introduction . getting UPRO market data costs extra. I thought it's pretty neat. It's by interactive broker as well. com, a trading forum run by professional traders. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. Somewhat different in US but essentially the same, stocks are in brokers name but parked with a custodian, if broker goes broke they cant touch these stocks as if they are their own assets, you remain the beneficial owner…ibkr killed all fees, monthly/annual. For retail customers, commissions are right around $1 per trade. I want to open second account with different broker just because Degiro started doing weird steps how to annoy their customers XTB - I don't have any experience with this broker, I just read some reviews and it seems to be quite good broker for people from my country. I usually have both good and bad sides when doing a review but for the SARWA it's mostly positive from day one. You can take margin loan as cash with interactive brokers. Oct 18, 2024 · Interactive Brokers attracts active traders with low per-share pricing, an advanced trading platform, a large selection of tradable securities — including foreign stocks — and ridiculously low Jan 4, 2024 · Interactive Brokers is a superior choice for professional investors, day traders and really anyone who is serious about trading. I've set myself a set time in the week to review my trades. What are your thoughts. However for non-ISA investment they have the best FX rate. I searched this subreddit but most posts on IB are almost 2 years old. I seem to find more bad Google reviews than good ones about their operation in Hong Kong, such as how some had to visit one of their locations to drop off additional information that was not previously stated at all when they applied for an account and awful customer service. Those two reasons could be the ones driving the low reviews. IBKR provides advanced trading technology and support for best execution. 03% FX, this is incredibly competitive in the ISA space. It is often best known for its trader workstation, API's, and low margins. You mentioned Interactive Brokers in the title but not the post body. Banker on wheels wrote a good review about ibkr ( https://www. But opening a proprietary account is a nightmare and might take more than a month with all the verification and permission. I agree with Dan here, I also use IB. If you open a normal individual account then its a breeze . Jan 3, 2025 · As a result, Interactive Brokers must be part of the investor protection scheme demanded by each entity. You’ve literally just made all of this up, wtf are you talking about. Aff links allowed with a disclosure. The interface comparison are apples and oranges. 002% vs 0. Hello, I am looking to open an account with a broker, and was recommended to Interactive Brokers. I had more trouble with Interactive Brokers, and managing multiple simultaneous requests, such as retrieving more than one symbol's quote in one call, and organizing the information returned. 5/5 on March 29th, 2022): HIDDEN FEES & POOR CUSTOMER SERVICE : GO AWAY. it completly seperates me from the emotion and forces me to do a proper review. You don’t need 100k minimum balance for margin loan in a reg-t account. This customer service channel will answer questions about Interactive Brokers’ products and services. I understand IBKR Securities Investor Protection Corporation (SIPC) coverage, provides limited protection to customers against the loss of cash and securities held by a brokerage firm in the event of a brokerage failure, up to $500,000 in securities and cash, with a maximum of $250,000 for cash Why doesn't TV list the major US brokers like Schwab, Fidelity, TD Ameritrade, E-trader? These brokerages don’t cooperate with TradingView so far. If not please share reviews about full service brokers YOU HAVE used. A lot of traders don;t even know there is a difference. However, I am facing… market data fee is separate. ), dar aceste taxe sunt de obicei Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. It has been around longer (meaning its management have seen multiple bouts of extreme market volatility), has more capital, more liquidity etc. Interactive Brokers (IBKR), headquartered in Greenwich, Connecticut, and founded by chairman Thomas Peterffy in 1977, was one of the first adopters of technology for financial Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. Interactive Brokers is legit. Welcome to FXGears. Then i apply these to tradersync when I do my analysis, usually on a Sunday. You will be able to access US ETF if you are Swiss. After connecting to my IBKR account when I click on a given price level and right click, I see the context popup and see the three dots loading something, it keeps trying to load the actions but it hangs. com or Personal Capital does, but they claim it is more sophisticated and advanced for managing everything and viewing the data. Read our expert Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. - Invest in stocks and ETFs in a currency different than the euro? Interactive Brokers (the currency conversion fee is much lower (0. Interactive Brokers (NASDAQ: IBKR) is an online broker that offers low commissions across several products. io/ Whether you're a new resident with questions about credit cards and cashless payment options, a long-term resident curious about pensions and life insurance, or a digital nomad wanting to talk crypto gains and tax treaties, this is the sub where you'll find informed discussion, friendly advice, and high-quality answers with links to reputable sources. Can anyone give me the details whether it makes sense to switch from Scottrade or OptionsXpress to IB? I use IB and am a professional trader. Please don't suggest something you have not used. Experience : it has been offering services for more than 40 years and, today, it has become the online broker with the largest number of operations carried out by its users (close to 1 Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. com/interactive-brokers-review/). S. If you end up using it for, say, stock trading, you'll most likely pay them a monthly fee for live quotes data. Hello there, i want to ask about trading options on interactive brokers. But it sounds like you're a beginner so you might find their platform a bit daunting. I am not knowledgeable about all the brokers perhaps you can find or someone can suggest a direct access broker that is lower commission than light speed. Related Interactive Brokers Public company Business Business, Economics, and Finance forward back r/BusinessIntelligence Business Intelligence is the process of utilizing organizational data, technology, analytics, and the knowledge of subject matter experts to create data-driven decisions via dashboards, reports, alerts, and ad-hoc analysis. 1 million clients. We offer users direct market access from a single account worldwide. You need a significant amount of money to open the account here. To do that i need to fill a questionary that basically says i earn like 250k a year or something like that, to show im wealthy. Some of the thing about IBKR is completely wrong. You can do so many things in 1 page. And you will be able to get excellent service at very low prices. When I click on the + symbol to add alert/order/etc and try to create an order, it opens the trading panel at the bottom and shows a loading icon. Submit your review if you have one (no spam!). Hi after researching I found that most people recommend IKBR. The website and app are very tough to navigate. Posted by u/redditor_7890889 - 6 votes and 9 comments There are so many better options out there (Sierra Chart, MotiveWave, TT, TradeStation, even more basic software packages like Trader Workstation from Interactive Brokers are more reliable imo) that I don't understand why people still choose to pay so much for such a crappy product. Interactive Brokers Public company Business Business, Economics, and Finance comment sorted by Best Top New Controversial Q&A Add a Comment kevstev • Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. To help potential new customers make a more information decision, please find below my review (also visible here on Google, alongside other people's reviews: 1. github. They don't offer an ISA. Cons: - Interactive Brokers is the main equity trading platform. I wanted to know if having a LITE account, you pay any kind of fees for: when you… Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. There are some hidden costs with respect to getting market data. For example, if you have a regular margin account and buy something like UPRO (75% margin requirement) and TMF (75% requirement) then you have a 75% margin requirement. Interactive Brokers, which according to Wikipedia „operates the largest electronic trading platform in the U. - Decent training material, open source framework, and decent community to answer questions. A good broker with API and good termials with RMS. Aside from this subscription, the fee per trade is extremely good for most folks. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. From what I’ve seen it’s extremely fast and responsive, great hot key mapping, custom hot keys, replay modes etc etc. You are trading at a handicap trying to save pennies staying with free. r/ibkr: A subreddit dedicated to all things concerning the Interactive Brokers investment platform. "Best" is very subjective, it depends on peoples needs. bankeronwheels. Pros: Has access to nearly any market. Wiki at: https://japanfinance. The web view was sooo good, especially the option chains. I was very skeptical at first but I have researched a lot before investing my hard-earned money into the SARWA and it seems like one of the best decisions i have taken in my life. IBKR_Official is moderated by IBKR associates who will provide support M-F 9am -5 pm EST. DAS is going to be about infinitely times better than IBKR’s TWS. On broker safety generally, I would feel certain in saying that IBKR is, absent fraud, safer than all of the new pop up smaller brokers (Tiger, MooMoo, Robinhood etc). Their flagship IB Trader workstation is one of the most Dec 11, 2024 · Looking to take your investing to the next level? Read Interactive Brokers reviews by real customers. To minimize forex losses you have to do Norbert’s Gambit which takes 3-4 days to execute on Questrade and costs more than IBKR Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. - Interactive Brokers allows you to run with play money accounts as well. The interactive brokers api has tons of really useful features, but it has some pretty weird ass quirks that you'll have to get used to, it took me quite a while to even just setup the connection (using c#) but overall the support is really good they have a really nice website and app, and pretty good documentation Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. It's been suggested that I consider Interactive Brokers as a potential trading platform for me. However, if you buy that way on Questrade you instantly lose 2. Friend mentioned platform to use is IB. Heard good things about Nirmal Bang, MOSL, ShareKhan andd IIFL. Interactive expects a lot from their customers, they are a pro tool offered to retail not a user friendly retail broker like most out Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. Interactive Brokers vs Swissquote Interactive Brokers Reddit: What is Interactive Brokers? Interactive Brokers is the best-known and best-rated US broker in the world for a number of reasons. by number of daily average revenue trades“ is integrated with TradingView. Posted by u/lionsinescanorsama - 14 votes and 5 comments I saw that Interactive Brokers offers this really interesting PortfolioAnalyst tool that links to all of your bank accounts, credit cards, brokerage accounts, mortgages/loans, and other accounts like Mint. Unaffiliated subreddit of Interactive Brokers, a popular multinational brokerage firm. ; Interactive Brokers is a highly trusted and well-capitalized broker, with a Trust Score of 99 and over USD 540 billion in client equity, catering to over 3. Reviews on everything - digital and physical products: electronics, make money programs, supplements, spirituality, guides, and more. So when you add that with the platform fee, its 140$ total per month, but that can go all the way down to 10$ per month if you rack up enough commissions to offset the platform fee. oifcqjac xnujupl hgxmo qom cprt zimhv achnqlz jxg sdqjc gtt