IBKR – legit or scam?

  • This topic has 3 replies, 2 voices, and was last updated 1 day ago by Charlie.
  • Creator
    Topic
  • #197394 Reply
    Charlie

      I keep getting adverts for Interactive Brokers on my YouTube and In stagram. They say they are cheaper than most brokerages. Can I trust them?

      Charlie

      Reply
    Viewing 2 reply threads
    • Author
      Replies
      • #197471 Reply
        James Barra
        Moderator
          DayTrading.com Team

          Hi Charlie,

          Thanks for your message.

          We consider Interactive Brokers a legitimate broker. In fact, it earned a very high trust score of (4.5/5) during our latest tests for several reasons:

          • It’s highly regulated (FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM)
          • It’s traded on the NASDAQ (suggesting financial transparency with routine audits)
          • It’s been operational for over 40 years (great track record with over two million clients)

          Check out our Interactive Brokers review to see if it’s the right fit for your needs.

          Reply
        • #197472 Reply
          Christian Harris
          Participant

            Now in its 48th year as a broker/dealer, Interactive Brokers is one of the premier securities firms, with over $16.6 billion in equity capital.

            So, no, it isn’t a scam.

            Reply
          • #197480 Reply
            Charlie

              Fab news, cheers to you both

              Reply
          Viewing 2 reply threads

          Reply To: IBKR – legit or scam?
          Your information: