Interactive Brokers in a nutshell
Tier-1 regulated
FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC.
No minimum deposit
Open an account without a funded deposit.
Trading platforms
Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers
Asset coverage
100 stocks · 3,000 etfs
App-store ratings
Android 4.5/5
Interactive Brokers is a broker regulated by FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC (6 tier-1 licenses). Minimum deposit: $0 · Platforms: Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers · 7 asset classes supported.
Interactive Brokers is a broker regulated by FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC (6 tier-1 licenses). Minimum deposit: $0 · Platforms: Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers · 7 asset classes supported.
Regulated by FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC. Includes tier-1 oversight. Verified legal entities include Interactive Brokers Australia Pty. Ltd and Interactive Brokers Singapore Pte. Ltd. The group headquarters is recorded in US.
Platforms: Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers. Automated-trading supported. Documented capabilities include web trading, desktop software, mobile access, Expert Advisors, and integrated charting. Covers forex, 100 stocks, 3,000 etfs, commodities, indices, crypto, and bonds. App-store ratings published, Android 4.5/5. The Android listing shows 4.5/5 from 74,300 ratings.
Minimum deposit is $0. Funding via Bank wire, ACH transfer, SEPA transfer, BACS transfer, and Bank transfer. Verified deposit methods: Bank wire, ACH transfer, SEPA transfer, BACS transfer, and Bank transfer. Verified withdrawal methods: Bank wire, ACH transfer, Electronic funds transfer, SEPA transfer, and BACS transfer. Online account opening and identity checks are documented. Applicants need government-issued photo id, passport, national id, proof of address, utility bill, and bank statement. Identity verification is required. The published trading-account minimum starts at $0.
Support via live chat and phone.
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Is Interactive Brokers right for you?
Best for
- Experienced multi-asset investors who need broad exchange and product access
- Users choosing among Trader Workstation, IBKR Desktop, Client Portal, and mobile apps
- Cost-conscious clients who value a zero-minimum-deposit entry point
Avoid if
- You want a simple single-interface experience with a narrow product catalogue
- You need an EU-retail leverage figure stated as one universal limit
- You require a demo-account policy publicly verified before opening an account
Evidence and transparency breakdown
Dimensions our methodology can assess from the evidence stored for this review.
- Regulator strength5.0 / 5 · Excellent
FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC provide 6 tier-1 oversight relationships.
- Transparency4.5 / 5 · Excellent
15 structured fact records are tied to cited source evidence.
Fees
Spreads, commissions, swaps and inactivity fees per account type.
| Account type | Min deposit | Commission |
|---|---|---|
| Published pricing | — | commission-free |
Asset coverage
Tradable instruments per asset class.
Mobile app
App store ratings checked Aug 2026.
Account opening
Customer support
| Channel | Languages |
|---|---|
| Live chat | Available · Zendesk |
Fees
4.2 /5Minimum deposit is $0.
Pros
- No minimum deposit
- Commission structure stated: commission-free
Safety
4.0 /5Regulated by FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC. Includes tier-1 oversight.
Pros
- Regulated by 6 tier-1 authorities
- 1 tier-2 license
Deposit & withdrawal
4.4 /5Funding via Bank wire, ACH transfer, SEPA transfer, BACS transfer, and Bank transfer.
Pros
- 5 deposit methods supported
- 5 withdrawal methods supported
Account opening
3.7 /5Online account opening and identity checks are documented.
Pros
- Account can be opened without a funded deposit
Web platform
4.0 /5Platforms: Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers. Automated-trading supported.
Pros
- Expert Advisors / automated trading
- Browser-based web platform
- Mobile app
Product selection
3.9 /5Covers forex, 100 stocks, 3,000 etfs, commodities, indices, crypto, and bonds.
Pros
- Broad multi-asset coverage (7 categories)
- Large instrument catalogue (3,100+ tradable instruments)
Customer service
3.9 /5Support via live chat and phone.
Pros
- Live chat support
- Phone support
Frequently asked questions
Is Interactive Brokers regulated?
Interactive Brokers is regulated by FCA, ASIC, SEC, DFSA, MAS, SFC, and CFTC. This includes 6 tier-1 authorities.What is the minimum deposit at Interactive Brokers?
Interactive Brokers has no minimum deposit — accounts can be opened without funding.What trading platforms does Interactive Brokers support?
Interactive Brokers supports Trader Workstation, IBKR Desktop, IBKR Mobile, IBKR Client Portal, IBKR GlobalTrader, and Interactive Brokers.
Top alternatives
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