Interactive Brokers specializes in online brokerage accounts for traders, investors, and institutions. The company offers investment products such as stocks, bonds, options, futures, forex, ETFs, mutual funds, and hedge funds, among others, as well as cash products like integrated investment management accounts, bill pay, direct deposit, debit card, and bank deposit sweep program, which is excellent for those looking for diversified investment products and services. The company offers a variety of Smart Beta investment portfolios, as well as asset allocation portfolios, each with its own risk score and investment strategy. Portfolios are managed by registered professionals that go through a vetting and monitoring process, and the company’s investment products are SIPC insured.

Interactive Brokers offers clients a powerful set of trading platforms, including the company’s TWS software, IBot, IBKR WebTrader, and the TWS for mobile phones, among others, to ensure accessibility and real-time tracking. One of the key benefits of investing with Interactive Brokers is that the company provides plenty of research tools to help clients make smart and educated decisions. Additionally, clients have access to over 100 markets worldwide through the company’s TWS software, which guarantees a broader market exposure. The company offers customer support via chat, phone, and email, 24 hours on weekdays, and from 1:00 p.m. to 7:00 p.m. ET on Sundays via chat, which is highly convenient.

Because Interactive Brokers has such a wide variety of products and markets, and opening balances on portfolios are higher than those of other companies reviewed by us, the company is best suited for advanced investors who are looking to expand their horizons, rather than those who are just starting up.