Broker Summary - Interactive Brokers: Services Offered
  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

Broker Summary - Interactive Brokers: Services Offered

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

  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
RELATED TERMS
  1. Investment Bank - IB

    A financial intermediary that performs a variety of services. ...
  2. Trading Platform

    Software through which investors and traders can open, close ...
  3. Mobile Marketing

    Mobile marketing is marketing that takes place via mobile devices ...
  4. Social Media

    Internet-based software and interfaces that allow individuals ...
  5. Mobile Advertising

    Mobile advertising is a method of advertising that appears on ...
  6. Android Operating System

    A mobile operating system developed by Google. The Android operating ...
RELATED FAQS
  1. What should I look for when choosing a forex trading platform?

    A trading platform is a piece of software that acts as a conduit for information between a trader and a broker. A trading ... Read Answer >>
  2. Is good customer service something to look for in a company in which I am considering ...

    Learn about the importance of customer service when deciding whether to invest in a stock. Good customer service can ensure ... Read Answer >>
  3. How do quant traders build the relative strength index (RSI) into their algorithms?

    Learn how quantitative traders build the relative strength index (RSI) into their algorithms. Explore how automated trading ... Read Answer >>
  4. How can small businesses manufacture demand?

    Create demand for a small business product or service by focusing on the brand and market. Continue to learn offer excellent ... Read Answer >>
  5. There are so many stockbrokers out there. How do I go about choosing the best one ...

    If you decide that you have the knowledge and experience to take on stock investing, or if you feel you would like to give ... Read Answer >>
  6. I'm new to this. Can I sell or buy stock by myself?

    In order to buy stocks, you need the assistance of a stock broker since you cannot just phone up a company and ask to buy ... Read Answer >>
Hot Definitions
  1. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  2. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  3. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  4. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  5. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  6. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
Trading Center