Interactive Brokers Review 2022

Updated October 13, 2021

Quick Info

  • Standard Equity Commission
    0.5% of trade value
  • Best Commission Price
  • Minimum to Open Account
  • Maintenance/Inactivity Fees
    $10/Month - $20/Month
  • Commission-free ETF Trading
    Yes (About 90 U.S-traded ETFs; mainly in the Global X, Cambria, Legg Mason, Reality Shares families)
  • Young Investor Offer


2.3/5 (2)

Interactive Brokers Canada is the Canadian arm of Interactive Brokers, an American discount brokerage firm. While several of the other Canadian online brokerage firms are affiliated with or are a part of a major bank, Interactive Brokers is not bank-owned and is more geared toward active traders than “investors” per se.

If you are an active trader, then Interactive Brokers’ pricing structure can certainly keep your trading costs in check. Important things to consider are your typical order sizes and your typical trading volumes on a monthly basis, as there are slightly different pricing plans suited to each category. The required account minimums are also important to note. Since adding registered accounts, Interactive Brokers has become much more competitive with many of the other Canadian online brokerages in regards to price and functionality.

Interactive Brokers Full Review

What Account Types does Interactive Brokers offer?


    Registered Accounts

    Non-Registered Accounts

Account Fees & Requirements for Interactive Brokers


    Registered Accounts

    Non-Registered Accounts

Trading Commissions & Fees provided by Interactive Brokers


Interactive Brokers Rankings & Reviews for 2022

  • Sorry, no data is available.

How can I contact Interactive Brokers customer support?


What do people think of Interactive Brokers?

Interactive Brokers crypto abilities are a joke. YOU must deposut USD from your bank account to buy it, and then sell it to get USD to remove it. Pointless, and a joke
I used interactive brokers which is decent, switched to tradovate and I like everything better. Commissions are cheaper w the membership if you trade a lot. Daily risk limits for profit and loss to auto liquidate is probably my favorite feature
If you are looking for investing for the long-term, safest option is to get into ETFs (S&P 500, FTSE 100 etc.) I am sure there quite a few books that you can get just by a quick google search. As platforms I personally use Trading 212, but if you have a huge/decent amount to put in it is better through Vanguard, Fidelity, Ameritrade (if you are an American citizen), Interactive brokers. These are the ones I can think of on top of my head, I am sure I am missing out a few. As tips, 1. I would say patience is key, your goal is long term. Do not even think about withdrawing the amount in the next 5-10 years at the very least. Keep adding every month. 2. Keep your feelings out of it, and stick with numbers and datas. 3. Invest into a company you like/love, just to spice things up. 4. Make sure majority of your initial capital is going into places with low volatility. Such as ETFs, and blue chip stocks. 5. Put around 5-12% of your initial capital into something risky to learn your risk tolerance. 6. Do not just on trends and join the bandwagon. As when it is considered a "Trend" it is usually at a higher price from its actual price. High chance of price correction. There are bubbles forming all the time, so be careful. 7. Dont stress a lot, and you will learn from your mistakes along the way. Make sure you read articles, and watch videos with SUBSTANTIAL CONTENTS in it. Any tiktok influencer/guru advices can be filtered, and the rest throw it to the bin. I hope this helps. Do through research, and the rest you pick up along the way. Pro tip: Do not put any money into Dubai stocks/shares/real estate. I know people who made good money from it, but lost even greater amounts. Dubai markets are highly volatile, and people end up losing money very regualrly. Cheers.
Bij mij duurde het ook erg lang, lees bijna een maand. Ik heb toen steeds zowel IBKR als degiro gebeld. Degiro gaf aan dat ze bepaalde info misten van IBKR. Bij navraag bij IBKR gaven ze aan de volgende info aan degiro te geven: Interactive brokers DTC participant number: 0534. > zo laten Beneficiary: UXXXX > je account nummer bij IBKR PSETDTCYUS33XXX > zo laten met deze info ging het ineens wel en stonden ze met een ruime week bij IBKR.
Shack 🇨🇦🏒⚽️
@CyrusMoaz @StockMKTNewz I have access to TSX stocks through Interactive Brokers. Wont matter soon with the US listing this week.