VOL. XCIV, NO. 247
★ A CURATED DIRECTORY OF FINANCIAL TOOLS AND RESOURCES ★
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Wednesday, January 7, 2026
Interactive Brokers (IBKR) Review, Pricing, and Features
Multi-asset global brokerage and trading platform suite for UK clients (Client Portal web, desktop platforms, and mobile apps). Commission-based pricing; the UK stock trading page highlights no platform fees, no inactivity fees, and no minimums for general investment accounts. Real-time quotes/Level II and API market data generally require relevant market-data subscriptions; availability of live vs delayed/historical/Level II varies by platform. PortfolioAnalyst is free (standalone) and offers risk and performance reporting (incl. VaR and benchmark attribution).
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Key features
- Platforms: Client Portal (web), Trader Workstation (TWS) and IBKR Desktop (desktop), IBKR Mobile / GlobalTrader (mobile), plus IBKR APIs; feature availability differs by platform/product.
- Supported instruments include stocks/ETFs, options (incl. combos), mutual funds, futures (incl. futures options), spot FX, bonds, physical metals, structured products and CFDs.
- Execution features include IB SmartRouting plus a large library of order types/algos and conditional/bracket-style order workflows across platforms.
- Client Portal includes advanced charting with technical indicators and a live news stream for specific products.
- Portfolio tools include model portfolios, portfolio rebalancing, and Risk Navigator; PortfolioAnalyst adds risk measures (incl. Value at Risk) and performance attribution vs benchmark.
- PortfolioAnalyst reports can be generated in PDF/CSV formats; report delivery can be configured for email (and FTP by request).
- Statements and reporting: statements can be downloaded in formats including PDF and CSV; Flex Queries support TEXT (with separators) or XML output and can be retrieved programmatically via Flex Web Service.
- APIs: IBKR offers multiple trading API solutions (incl. TWS API and FIX).
- IBKR Web API documentation describes OAuth 2.0 auth, REST endpoints, and WebSocket market data streaming; it also documents a global request pacing limit of 50 requests/second per authenticated username. Market data access generally requires Level 1 subscriptions for most securities when using the API.
- Paper trading: IBKR notes paper trading access is enabled after opening an approved live account; paper trading uses separate credentials and comes with simulated buying power for testing strategies without risking funds.
- Security: IBKR Mobile highlights secure authentication (IB Key) and states data and orders are encrypted.
- Public system status page is available for platform/service health updates.
- TradingView integration allows trading an IBKR account from TradingView.
FAQ
Is Interactive Brokers (IBKR) free?
No. Interactive Brokers (IBKR) does not offer a free plan. Expect other and subscription pricing when you onboard. Check the vendor site for the most recent offers.
Who is Interactive Brokers (IBKR) best for?
Interactive Brokers (IBKR) is built for Retail Traders, Pro Retail, Institutional Investors, Day Traders, Swing Traders, Algo Traders + 3 more. It suits beginner, intermediate, and advanced users.
What platforms and connections does Interactive Brokers (IBKR) support?
You can use Interactive Brokers (IBKR) on Web, Mobile, and Desktop. Interactive Brokers (IBKR) offers an API (REST and WebSocket) with OAuth2 authentication. Integrations include TradingView, Quicken, Tradelog, and CapTools.
Which markets does Interactive Brokers (IBKR) cover?
Interactive Brokers (IBKR) covers North America, Europe, and APAC. It tracks Stocks, ETFs, Options, Futures, Currencies, Bonds + 3 more. Identifiers include Ticker.
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About Me
Hey! Thanks for stopping by. I'm an independent investor with a soft spot for coding and the stock market - especially value investing (as you can probably tell from the tools I've collected here, haha). Hopefully you'll find something useful or interesting along the way.
Find me here:
- Twitter / X: @Jera_Value
- Substack: Jera Value
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This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.