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Interactive Brokers

Note: The following information has not been updated by the vendor since 03/25/21.

Address:One Pickwick Plaza
Greenwich, CT 06830
Phone # for sales: 877 442 2757
Additional Phone #: 312 542 6901
Fax: 312 583 4660
Website: www.interactivebrokers.com
Click link to request additional product information.
E-mail address: schen@interactivebrokers.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Interactive Brokers
Minimum account size: $5000-$10000
Base commission rates: Price varies with trading activity
Brief explanation of margin rates, if applicable: 

It varies by products. For details, please refer to IB's website http://www.interactivebrokers.com/en/p.php?f=margin&ib_entity=llc.
This brokerage has been in business for: 25-40 years
Primary type of broker: Stocks, Options, Bonds
Brief description of services offered: 

Trade stocks, options, futures, single stock futures and ETFs around the world from a single Universal Account. Customers may use our intelligent smart order routing or direct their orders to the market center of their choice. IB U.S. commissions: stocks $0.01 per share ($0.005 per share if greater than 500 shares in the same order), options $0.15 per contract, futures as low as $0.25 per contract and single stock futures $0.10 per contract if greater than 200,000 contracts.

Account Information TOP

Types of trading accounts offered: 
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Stocks
  • Bonds
  • Mutual Funds
  • Options
  • Futures
  • Cash markets
  • Indices
  • Forex
Other trade types: CFDs, ETFs, FOPs, Warrants, SSFs, Metals
Types of quotes offered to customers: 
  • Real-Time
  • Nasdaq Level II
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
  • Online Broker(trade desk)
  • Broker
Exchanges covered: 
  • American Stock Exchange (AMEX)
  • Amsterdam Stock Exchange
  • Australian Stock Exchange
  • Bourse de Paris
  • CBOE-Chicago Board Options Exchange
  • CBOT-Chicago Board of Trade
  • CME-Chicago Mercantile Exchange
  • Hong Kong Stock Exchange
  • Korea Stock Exchange
  • LIFFE-London International Financial Futures Exchange
  • London Stock Exchange
  • MATIF-France's Futures & Options Exchange
  • MEFF-Spain's Futures & Options Exchange
  • Montreal Stock Exchange
  • NASDAQ
  • National Stock Exchange of India
  • New York Stock Exchange (NYSE)
  • NYMEX & COMEX-New York Mercantile Exchange
  • Osaka Securities Exchange
  • Oslo Stock Exchange
  • Pacific Exchange
  • Philadelphia Stock Exchange
  • Singapore Stock Exchange
  • Stockholm Stock Exchange
  • Swiss Stock Exchange (SWX)
  • Tokyo Stock Exchange
  • Toronto Stock Exchange (TSE)
Setup or initial costs to set up an account: 0

Features TOP

Types of services offered to customers: 
  • Technical Analysis
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Portfolio management
  • Allow naked option writing
Ways customers can access their trading account: 
  • Internet
  • Telephone
  • Broker
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: Yes
Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are: 

Trade multiple product types across continents from a single Universal Account.
This broker's service is better than the competition in these areas: 

Low commissions and global access
Types of security precautions taken for customers: 

Passwords Usernames Hints Firewalls Authorization server
Communications during systems failures has been assured through: 

Redundancy and testing
The major plans for upgrading the current level of trading service are as follows: 

N/A

General Information | Account Information | Features | Additional Comments

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