Interactive Brokers Overview
Interactive Brokers is a US-based stock broking company that has a presence in 100+ countries including India. The brokerage house was established back in the year 1977 by Thomas Peterffy and has recently completed its 40 years while the firm has an Equity capital in excess of $6 billion.
Interactive Brokers was introduced in India as recent as 2009 and has memberships from NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) with registered office in Mumbai.
In total, the broker employs around 1100 employees across.....
Interactive Brokers Trading Platforms
Interactive brokers sets pretty high standards when it comes to trading platforms. Overall performance/speed, user experience, usability and analysis exhaustiveness produce sheer optimal trading experience. Although, beginner traders might take some time in understanding how features flow but the broker seems to understand that aspect as well.
IB Trader Workstation
This is a terminal based solution where you are required to download and install an EXE file onto your computer, laptop and desktop. Once done, you will need to log in with your valid credentials - username and password. The application is suitable for intermediate to heavy level traders and offers reasonable speed and performance.
Some of the main features of this terminal based trading software are:
- Multiple types of charts available along with technical indicators and on-chart annotations for smoother technical analysis.
- Various watchlists allow you to monitor specific category of stocks separately making sure you don't get overwhelmed...
Interactive Brokers TWS
Interactive Brokers provides IB TWS mobile app for trading to its clients across different geographies. With this app, you can trade and invest in different segments such as Equity, currency, derivatives etc with reasonable speed and performance.
Some of the top features of this mobile app include:
- Employs 'SmartRouting' technology to get the best price available at the time of order placement
- Access to real-time data streaming for market monitoring
- Market scanners and...
For users who prefer trading through a web browser with no dependency to carry an EXE file across different computers or limitation of the small screen of a mobile app, Interactive Brokers do have an option for them. With IB WebTrader, you are not required to download or install any application. You can just open up any prominent browser, run a web link and can start trading by entering valid username and password.
Some of the primary features offered by this trading platform from Interactive Brokers include:
- Sleek and modular design to keep the overall trading experience clean and smooth
- This web application is ideal for traders who work behind a corporate firewall since IB WebTrader runs through the Internet, so you can log in and trade from...
Interactive Brokers Research
Interactive Brokers, although does not provide detailed research reports and recommendations, it still has some research products to offer to its clients that can help directly or indirectly.
Some of those include:
- Real-time News streaming
- Charts and ...
Interactive Brokers Service
Customer support or service is one of the most crucial aspects of stock trading. While most of the users overlook its importance initially, but sooner or later it comes on top with its urgency.
Interactive Brokers provides the following communication channels to its clients to reach back to them:
This aspect is one big challenge that Interactive brokers is passing through. Customer support has concerns in terms of localization. This needs to be understood that India is a very diverse country with different people having different backgrounds, language preferences and communication styles...
Interactive Brokers Pricing
Pricing is important. In fact, a lot of users give this the utmost importance. But obviously, the cheapest or the most expensive service provider does not need to be the best in the business.
Interactive Brokers Account Opening Charges
To open an account with Interactive Brokers, you need to maintain a minimum balance of ₹1 Lakh (₹1,00,000) in your trading account as long as you are a client of this brokerage house.
Interactive Brokers Brokerage
When it comes to brokerage, Interactive Brokers charges a flat rate of up to ₹20 across the segments along with a minimum brokerage as well.
Use this Interactive Brokers Brokerage Calculator for complete charges and your profit.
For rest of the information, you can check the complete review of Interactive Brokers.