In this short Interactive Brokers Review, I’m going to discuss the main reason why I don’t think Interactive Brokers should be your top choice for trading on the forex market. In general, the Interactive Brokers Review finds fault with many aspects of this firm and concludes that they are not the best option. However, my personal opinion is that Interactive Brokers still has much room to improve upon. For this reason, I’m not only going to give an interactive broker’s review of the company, but also discuss my personal experience using their services.
Interactive Brokers was started in 1978 and is currently one of the largest worldwide electronic US-based brokers. Their service is supervised by a number of major financial regulatory bodies around the world, including some of the largest-staffed desks in the UK and US s Securities and Exchange Commission. If you are currently looking to buy or sell stocks or other options through the USA and US stocks and mutual funds, then the Interactive Brokers can help you do so. This article proposes a Methodology for Evaluation of Brokers by using qualitative analysis, so to help in the selection of the more suitable brokers.
The Interactive Brokers provide several different services to their clients. The most important service of these brokers is to develop a customised portfolio for investors. This portfolio is then used as part of an overall investment strategy for the investor. This involves identifying and matching different asset classes such as stocks, bonds and commodities. The investor’s overall asset allocation strategy is based upon the details captured from the portfolio. Additionally, the various investments held by the investor through Interactive Brokers also depend on the performance of these various asset classes.
Another service offered by the Interactive Brokers is real-time stock reports. While these reports may not contain very useful information at the time of posting, it can be used by the clients to identify companies that may be interesting. More often than not, the clients require trading advice after a period of time has passed since the last submission of the stock report. Through the Interactive Brokers, they are able to obtain this information in real time. Hence, the brokerage firm can help identify new trends in the markets, allowing its clients to take appropriate actions.
An interactive portfolio builder is another service offered by the US brokerage firms. These firms allow clients to create a customised portfolio, which they can trade in real-time through the Internet. The advantage of this service is that, the client does not have to visit the brokerage firm physically in order to create their portfolio. This means that if they want to trade in more than one stock, it becomes easier and cheaper for them to do so as compared to trading with a physical broker. Furthermore, it also allows them to trade on any market, not just the one they are comfortable trading in.
A third advantage, found in most of the online electronic brokers, is the availability of market access. Market access is an important factor that determines whether or not a customer will feel satisfied with their services. The market access is provided by the brokerage firm’s servers, allowing clients to use their computer systems to access their accounts from anywhere in the world. Moreover, these firms allow its customers to receive emails with relevant market news and updates.
The fourth advantage, found in most of the online interactive brokers, is research tools. Most of these platforms offer a number of research tools, which can be used by its users. Examples of research tools include news feeds, charts, price indicators, and history tracking. It is important for a trader to be able to do some research, as they can use the tools to determine the trend of a particular stock. Hence, it becomes important for them to know where they should place their trades.
Last but not least, the customer support provided by the broker must be examined. In today’s technologically advanced society, most customers nowadays prefer to go through interactive explanations of their transactions. Furthermore, the best trading platform should be able to provide these kinds of explanations. One of the things that can determine the quality of a broker is the level of customer support. If the broker has good customer support, it means that the broker cares about its clients. Hence, you can be sure that you will always get excellent support and service from these brokers.
