Interactive Brokers Trading Platform is one of the leading softwares in providing trading and brokerage support, not stopping there they are award winning online brokerage and trading platform. Serious traders always go for competitive price tags and Interactive Brokers comes into that slot where it has best offering in terms of tools and professional services to the traders. All futures traders use this software platform for a very long term if once they got to know the inside picture and quality of the product. In one word its a complete solution for committed trader around the globe.
Why Interactive Brokers Trading Software Platform ?
- Primary Account Security
- Market Data at lightening fast
- Award Winning Software
- TradingApp Store available
- Execution Technology
- World Class Customer Support
- Absolute Competitive Pricing
- High quality Online Education
- Traders Community
Interactive Brokers Trading Platform Review:
Mainly Interactive Brokers is one platform which supports futures, forex and focuses on equities, options more than anything else. Here there are various versions for commission to point out in both options and equities. Basically Interactive Brokers is not that supportive for trading mutual funds and you have to go for phone trade. Trading is possible once the clients purchase the real time data feeds or live data for example TradeStation, MB Trading and others. So to receive equities information like indices, NASDAQ, NYSE and AMEX. Costings or package fee will be different one trading platform to other that varies from $6 to $11 per month.
Recently Interactive Brokers changed fee structure for all new clients and that is marked at $99 monthly for complete software. There is a revert back option if you are not using any particular portion of the software. Equities traders needs to trade a minimum of 5000 shares/month and options 50 contracts to avoid the costings from Interactive Brokers.
There is logic here in trading softwares and it will help the medium and large traders mostly compared to small traders. So more frequent traders will get lower costs compared to the ones who do occasionally. A complete picture of the pricing list and commissions, fee structure will be available in the above image to some extent and if you looking for complete details then you should visit the official site of Interactive Brokers.
Generally, Interactive Brokers has a very reasonable commissions plan when uneven against large, full-service brokers like Ameritrade, ETRADE, Fidelity, however is more costly than some of its dynamic trading competitors such as Lightspeed, MB Trading and Interactive Brokers.