Interactive Brokers Overview
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| Broker: | Interactive Brokers |
| Site: | http://interactivebrokers.com  |
| All Fees: | http://www.interactivebrokers.... |
| Application: | http://individuals.interactive... |
| Min Assets: | 10000.00 $ |
| Avg Rating: |   |
| Based On: | 5 Reviews |
Interactive Brokers Awards
Barron's 2010 Best Online Brokers
In Barron's 2010 broker rankings, Interactive Brokers was named 3rd best overall broker.
2010-03-15 00:00:00
SmartMoney's 2008 Annual Broker Survey
In SmartMoney's 2008 annual broker survey, Interactive Brokers was named best in commissions and fees.
2008-05-20 14:57:59
Barron's 2008 Best Online Brokers
In Barron's annual broker ranking, Interactive Brokers was named 3rd best overall broker for its low commissions, low margin rates, and trading platform.
2008-03-17 09:31:40
In Barron's 2010 broker rankings, Interactive Brokers was named 3rd best overall broker.
2010-03-15 00:00:00
SmartMoney's 2008 Annual Broker Survey
In SmartMoney's 2008 annual broker survey, Interactive Brokers was named best in commissions and fees.
2008-05-20 14:57:59
Barron's 2008 Best Online Brokers
In Barron's annual broker ranking, Interactive Brokers was named 3rd best overall broker for its low commissions, low margin rates, and trading platform.
2008-03-17 09:31:40
Accurate Pricing
All pricing information is automatically checked and updated every 24 hours.
Interactive Brokers Stock Commissions
| Cost | Cost Basis | Min Trades | Min Assets | Min Fee | Max Shares |
| 0.001 $ (1) | per share | 10000.00 $ | 0.70 $ | ||
| 0.0015 $ (2) | per share | 10000.00 $ | 0.70 $ | ||
| 0.002 $ (3) | per share | 10000.00 $ | 0.70 $ | ||
| 0.0035 $ (4) | per share | 10000.00 $ | 0.70 $ | ||
| 0.005 $ | per share | 10000.00 $ | 1.00 $ |
| (1) | Cost plus commission require additional exchange, clearing, and transaction fees. This rate requires a minimum of 20,000,000 shares traded per month. |
| (2) | Cost plus commission require additional exchange, clearing, and transaction fees. This rate requires a minimum of 3,000,000 shares traded per month. |
| (3) | Cost plus commission require additional exchange, clearing, and transaction fees. This rate requires a minimum of 300,000 shares traded per month. |
| (4) | Cost plus commission require additional exchange, clearing, and transaction fees. |
| (*) | Commission pricing last updated 02/03/12 |
Stock Commissions Chart ( cost per trade )
| Merrill Edge |     0.00 - 8.95 $ |
| Wells Fargo | 0.00 - 19.95 $ |
| Share Builder | 1.00 - 9.95 $ |
| Just2Trade | 2.50 $ |
| Sogo Trade | 3.00 $ |
| eOption | 3.00 $ |
| Marsco | 3.95 $ |
| Options House | 3.95 $ |
| Light Speed | 4.50 $ |
| MB Trading | 4.95 $ |
| Trade King | 4.95 $ |
| Zecco | 4.95 $ |
| Firstrade | 6.95 $ |
| Speed Trader | 6.95 $ |
| Trade Station | 6.99 - 9.99 $ |
| Scottrade | 7.00 $ |
| Trade Monster | 7.50 $ |
| Fidelity | 7.95 $ |
| Investrade | 7.95 $ |
| Noble Trading | 7.95 $ |
| Cobra Trading | 7.99 $ |
| ETrade | 7.99 - 9.99 $ |
| Charles Schwab | 8.95 $ |
| Options Xpress | 9.95 $ |
| Think Or Swim | 9.95 $ |
| TD Ameritrade | 9.99 $ |
| Siebert Net | 14.95 $ |
Stock Commissions Chart ( cost per share )
| Interactive Brokers |    0.001 - 0.005 $ |
| Speed Trader | 0.0039 $ |
| Cobra Trading | 0.004 - 0.007 $ |
| Light Speed | 0.0045 $ |
| MB Trading | 0.0075 $ |
| Noble Trading | 0.008 $ |
| Options Xpress | 0.01 $ |
| Trade Station | 0.01 $ |
| Think Or Swim | 0.015 $ |
Interactive Brokers Option Commissions
| Cost | Min Trades | Min Assets | Min Fee |
| 0.00 $ +0.7$ /contract | 10000.00 $ | 1.00 $ | |
| 0.00 $ +0.5$ /contract (1) | 10000.00 $ | 1.00 $ | |
| 0.00 $ +0.25$ /contract (2) | 10000.00 $ | 1.00 $ | |
| 0.00 $ +0.15$ /contract (3) | 10000.00 $ | 1.00 $ |
| (1) | Must exceed 50,000 contracts per month |
| (2) | Must exceed 100,000 contracts per month |
| (3) | Must exceed 100,000 contracts per month |
| (*) | Commission pricing last updated 02/03/12 |
Option Commissions Chart ( online orders )
| Interactive Brokers | 0.00 +0.15 - 0.70$ /contract |
| Investrade | 0.00 +1.50$ /contract |
| Light Speed | 0.00 +0.60$ /contract |
| MB Trading | 0.00 +0.95$ /contract |
| Options House | 0.00 - 8.50 +0.15 - 1.00$ /contract |
| Options Xpress | 0.00 +1.25 - 1.50$ /contract |
| Speed Trader | 0.00 +1.00 - 1.25$ /contract |
| Think Or Swim | 0.00 - 9.95 +0.95 - 2.95$ /contract |
| Trade Monster | 0.00 +0.50$ /contract |
| Trade Station | 0.00 +1.00$ /contract |
| Just2Trade | 2.50 +0.50$ /contract |
| eOption | 3.00 +0.10$ /contract |
| Marsco | 3.95 +1.50$ /contract |
| Merrill Edge | 4.95 - 8.95 +0.75$ /contract |
| Trade King | 4.95 - 8.95 +0.15 - 0.65$ /contract |
| Zecco | 4.95 +0.65$ /contract |
| Sogo Trade | 5.00 +0.50$ /contract |
| Firstrade | 6.95 +0.75$ /contract |
| Scottrade | 7.00 +1.25$ /contract |
| Fidelity | 7.95 +0.75$ /contract |
| Noble Trading | 7.95 +1.00$ /contract |
| Share Builder | 7.95 - 9.95 +0.75 - 1.25$ /contract |
| Cobra Trading | 7.99 +1.00$ /contract |
| ETrade | 7.99 - 9.99 +0.75$ /contract |
| Charles Schwab | 8.95 +0.75$ /contract |
| Wells Fargo | 9.95 +1.00$ /contract |
| TD Ameritrade | 9.99 +0.75$ /contract |
Write A Review For Interactive Brokers
Interactive Brokers User Reviews
by azocean ( 65 
) on 2011-03-17 09:02:46
Price per share is cheap, easy to access. The web trader is ok, and I use other tools to make charts. Sometimes I find it hard to short some hot stocks, don't know whether it's IB's problem.
| Please login or register to rate this review. |
by vmlax ( 35 
) on 2009-12-04 14:20:01
I am an active stock and options trader, so Interactive Brokers is a great fit for me. The platform isn't the best out there, but the prices are unbeatable.
| Please login or register to rate this review. |
by uglychart ( 15 
) on 2009-10-24 20:25:57
I have been trading with Interactive Brokers for years - you can't beat the price. Trade execution time is lightning fast. I have never had a problem with any order.
The only thing that they could really improve is their charts (they suck - I use another program for charts), and additional functionality for conditional orders would be nice.
| Please login or register to rate this review. | 1 of 1 users found this review helpful |
by serio ( 25 
) on 2009-10-06 17:58:17
The customer service can be tough to get a hold of, and isn't very polished or professional but IB is not meant for people who are just starting out. If you have some experience in the stock market and want cheap trades, this is the lowest price I have found. IB gets my recommendation
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by trader ( 66 ) on 2009-09-22 20:04:05
Interactive brokers has really competitive pricing for their stock transactions. That's what drew me to them originally. I was coming from scottrade, so there was a definitely a difference in the intuitiveness of the user interface, but it wasn't impossible to get used to. Definitely if you're looking for really cheap commissions, Interactive Brokers is a good bet. If you're a newbie, you might want to try something different.
| Please login or register to rate this review. | 1 of 1 users found this review helpful |