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#1
#1

Interactive Brokers

Brokerage

IBKR Lite: $0 commissions | IBKR Pro: $0.005/share (min $1)Best for: Serious Investors & Active TradersGlen Uses This

The Review

Interactive Brokers is where serious investors and traders go when they outgrow everything else. Founded by Thomas Peterffy in 1978, IBKR provides access to 150+ markets across 34 countries, the lowest margin rates in the industry, and professional-grade execution that rivals institutional desks.

The platform is not beginner-friendly and makes no apologies for it. Trader Workstation (TWS) has a learning curve measured in weeks, not minutes. But once you understand it, you have access to stocks, options, futures, forex, bonds, mutual funds, and even fractional shares — all from one account with one universal margin system.

IBKR's real edge is cost. Their margin rates start at benchmark + 0.75% for accounts over $100K, which is roughly half what Schwab charges. For anyone running a leveraged portfolio or trading internationally, there is simply no alternative that comes close.

Why It Ranks #1

The lowest-cost, most comprehensive brokerage platform available to retail investors. Global market access, institutional-grade tools, and margin rates that no competitor can match. This is where I hold my entire portfolio.

Glen's Note

I use Interactive Brokers as my primary brokerage. It is where I hold my entire portfolio. The margin rates and global market access are unmatched. If you are serious about investing, this is the platform.

Key Stats

150+

Markets

34

Countries

3M+

Client Accounts

$500B+

Client Equity

Key Features

Universal margin account across all asset classes
Lowest margin rates in the industry
150+ global markets from one account
Trader Workstation (TWS) professional platform
IBKR GlobalTrader mobile app
Portfolio Margin for sophisticated investors
Fractional shares and automatic dividend reinvestment
Securities lending income for shareholders

Fun Facts

1.Founder Thomas Peterffy personally programmed the first handheld trading device in the 1980s
2.IBKR processes over 3 million trades per day
3.The company went public in 2007 at $30.01 — Peterffy still owns a majority stake
4.IBKR was the first broker to offer penny-increment options pricing
Try Interactive Brokers Now

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Frequently Asked Questions

What is Interactive Brokers?

Interactive Brokers is where serious investors and traders go when they outgrow everything else. Founded by Thomas Peterffy in 1978, IBKR provides access to 150+ markets across 34 countries, the lowest margin rates in the industry, and professional-grade execution that rivals institutional desks.

How much does Interactive Brokers cost?

Interactive Brokers pricing: IBKR Lite: $0 commissions | IBKR Pro: $0.005/share (min $1). It is best for Serious Investors & Active Traders.

Why is Interactive Brokers ranked #1?

The lowest-cost, most comprehensive brokerage platform available to retail investors. Global market access, institutional-grade tools, and margin rates that no competitor can match. This is where I hold my entire portfolio.

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