Interactive Brokers Promotion
Company never offers promotions for customers in the United States. For promotions from other discount brokerage firms
Interactive Brokers Trader Referral Program
The Trader Referral Program lets company's customers send an invitation to somebody they know to open an account with IB, and in return receive a bonus of up
to $200. There is no limit to the number of referral bonuses customer can receive.
Open IB Account
Interactive Brokers Review and Rating
Huge Market Access
Trading does not need to be limited to the U.S. In fact, for many traders, investors, and institutions based in the U.S. having access to markets around the world to trade is a huge advantage.
Interactive Brokers can provide a trader with the ability to trade in over one hundred markets around the world, all within one single account. For example, if a U.S. investor wants to buy a resource-based stock in Canada then Interactive Brokers will allow the investor to do that, and at the best price possible.
Smart Routing Technology
Many brokers are not focused on price execution – the price that a stock or option contract is bought and sold at. Traders simply get the bid price no matter what. As a way to differentiate themselves from the pack, Interactive Brokers has invested in technology that provides clients with access to instantly execute buy or sell orders at the best price available.
Called SmartRouting, the technology has logic within its trading engine that looks for the best prices available when an order is placed and purchases at that price. This can mean that traders can see improvements in what is paid per share when compared to the bid/offer price. Over time these savings can add up.
Even with all the above features, it is still critical that active traders choose a broker with the lowest fees and commissions. Clients of Interactive Brokers can choose from either a Fixed or Tiered commission structure.
The Fixed Pricing Structure trade commission for stocks is $0.005 per share with a minimum of $1.00 and a maximum trade commission of 0.5% of the trade value. With the tiered structure, traders will see commissions of $0.0035 per share when less than 300,000 are traded per month. If a client trades over 100,000,000 shares per month (most of us don’t!) then the commission rate drops down to $0.0005 per share. No matter what pricing structure is chosen, Interactive Brokers will offer lower commissions than many of the discount brokers that offer trades at around $6.95 per trade.
Updated on 3/15/2017.