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?
No additional fees, i.e. no fees for statements, money transfers or any other methods of nickel and dimming the client
Breakdown of fees:
Monthly activity fee
UK LSE ETFs - £6 per trade
EUR Xetra ETFs - €4 per trade
US Listed ETFs & Stocks USD $0.005 per share
$ 2 per trade
the first 3 full calendar months OR accounts whose net liquidation value > or = $100k
One free withdrawal request per calendar month
Full disclosure documents can be found on www.interactivebrokers.com.