1. Broker Summary - Interactive Brokers: Introduction
  2. Broker Summary - Interactive Brokers: Account Types And Minimum Deposits
  3. Broker Summary - Interactive Brokers: Services Offered
  4. Broker Summary - Interactive Brokers: Commission, Fees And Customer Support
  5. Broker Summary - Interactive Brokers: Analysis And Trading Tools
  6. Broker Summary - Interactive Brokers: Conclusion

Interactive Brokers offers a range of trading and investment options to its individual and institutional customers. In addition to the wide variety of instrument options, IB supports several trading platforms, each designed to meet the various needs of active traders. All platforms can be accessed using the customer's login credentials provided upon account opening. Internet-based platforms include WebTrader and TWS. IB also offers mobile solutions that support many popular devices. WebTrader
IB's HTML-based WebTrader is a simplified trading platform idea for customers who generally trade a single product using basic order types, have to go through a firewall to access the Internet, or who prefer a simple interface that provides the basics with a less cluttered trading interface.

Trader Workstation - TWS
The TWS trading platforms allows customers to trade multiple products around the world, all from the same screen. It includes advanced trading tools, supports automated algorithms and sophisticated order types, and includes features such a price/risk, technical and fundamental analytics. TWS can be run directly from an Internet browser window, or it can be downloaded and run from a PC. IB recommends running the browser-based version if a broadband connection is used, since it requires minimal maintenance and ensures the latest version is always used. For dial-up connections, IB recommends the standalone (downloaded) version.

A comparison of IB's WebTrader and TWS can be viewed in the following figure:

Figure 2: Comparison of IB\'s Trader Workstation (TWS) and WebTrader
Mobile Solutions
IB's mobile solutions allow customers to trade from an IB account from most mobile devices including mobileTWS for iOS (iPhone, iPod Touch and iPad), mobileTWS for BlackBerry and mobileTWS for Android devices. The generic MobileTrader supports most other Smart phones.

API (Application Program Interface) Solutions
Users with programming expertise can connect to the IB system through a custom front end by building a front end application in Excel, C++, Posix C++, Java, and Visual Basic using IB's proprietary IB API. In addition, IB offers an industry-standard FIX solution where customers can support a FIX Computer-to-Computer Interface (CTCI) infrastructure.


Broker Summary - Interactive Brokers: Commission, Fees And Customer Support
Related Articles
  1. Trading

    Brokerage Reviews: TradeStation Vs. Interactive Brokers

    These are among the most sophisticated brokers in the industry in terms of investment offerings, market access and technology.
  2. Investing

    The Top 10 Brokerage Firms For Day Trading

    Day traders have different needs from long-term investors. Investopedia rates the top 10 brokerage firms for day traders.
  3. Investing

    Top Brokers Offering Tools For Covered Calls

    Here are the brokers that offer the best tools for investors and traders to write covered calls and covered puts.
  4. Trading

    SEC-Regulated Options Brokers

    Investopedia provides a List Of SEC-Regulated Options Brokers
  5. Trading

    Top U.S-Regulated Option Brokers

    Options trading requires amassing significant capital and then facing high volatility. To protect yourself, ensure you trade only with regulated brokers. Here is a list of top U.S.-regulated ...
Frequently Asked Questions
  1. What's the Best Way to Contact Warren Buffett?

    Learn how to contact Warren Buffett and what kinds of contact is most likely to receive a response from him or from his company, ...
  2. What is the Financial Services Sector?

    A diverse group of companies, beyond banks and credit unions, comprises the financial services sector.
  3. Who are Whole Foods' (WFM) main competitors?

    Whole Foods' main competitors are Sprouts Farmers Markets and Trader Joe's. However, the recent acquisition by Amazon my ...
  4. What caused the Stock Market Crash of 1929 that preceded the Great Depression?

    Find out what led to the stock market crash of 1929, which in turn led to the Great Depression. It sparked a nearly 90% loss ...
Trading Center