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  • US Based firm (Greenwich, Connecticut), regulated by U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA), New York Stock Exchange, Financial Conduct Authority and foreign regulatory agencies.

  • Thomas Peterffy, an early innovator in computer-assisted trading, founded interactive Brokers in 1993. He introduced electronic devices to options floor trading at the Chicago Board of Trade and went on to develop related trading technologies before entering the electronic brokerage business. 

  • Listed on the Nasdaq under symbol IBKR

  • Current Market Capitalization $17.38 billion 

Why we recommend Interactive Brokers?

 

  • Multi-currency platform 

  • No additional fees, i.e. no fees for statements, money transfers or any other methods of nickel and dimming the client 

  • Simple statements 

  • Simple website

Breakdown of fees:

Shares buy/sell

 

Forex

Monthly activity fee

Waiver

Withdrawals

thereafter:

UK LSE ETFs - £6 per trade

EUR Xetra ETFs - €4 per trade

US Listed ETFs & Stocks USD $0.005 per share

$ 2 per trade

$0 

the first 3 full calendar months OR accounts whose net liquidation value > or = $100k

One free withdrawal request per calendar month

Wire $10

Full disclosure documents can be found on www.interactivebrokers.com.