Interactive Brokers Platforms
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  • Regulation : In the U.S.--SIPC, SEC, FINRA
  • Country : United States

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Info

Website : interactivebrokers.com
Established : 2000
Country : United States

Advantages

  • Many Different Features
  • Many Educational Services

Disadvantages

  • Overwhelming Amount of Information
  • No Mention of Bonuses or Promotions

Interactive Brokers Platforms

There are three trading platforms at Interactive Brokers.

TWS

Their market maker-designed Trader Workstation (TWS) is a simplified but sophisticated workspace that organizes management tools, analytics, account monitoring. Traders, investors and institutions can select stocks, options, futures, Forex, bonds and funds on over 100 markets worldwide from a single account.

The TWS platform at Interactive Brokers supports over 60 order types and tools that help traders limit risk, speed execution, provide price improvement, allow privacy, time the market and simplify the trading process through advanced trading functions.

Comprehensive news and fundamentals subscriptions from leading providers are integrated seamlessly into the TWS workspaces.

Interactive Brokers Platforms
Interactive Brokers Platforms

WebTrader

WebTrader, an HTML-based trading platform, uses a clear and uncluttered trading interface but still provides advanced trading features and tools.

WebTrader runs through the Internet, so traders can log in and trade from any Internet-ready PC with no downloads required. The tabs and panels are clearly labeled and traders can view contract-specific fundamentals, including profile, news, charting, financials, insider trading info, analyst info and SEC filings for any company. The can keep up with the latest market news with news feeds from Reuters News and Market Scanners provide a quick scan of relevant markets and post them based on instrument, parameter and other filtering criteria defined by the trader.

The simple interface can be customized by the trader so it works the way he/she wants it.

Probability Lab

The third platform used at Interactive Brokers is the Probability Lab which allows traders to learn the Probability distribution (PD) of the chosen assets, i.e. exactly what the chances are for certain outcomes. It also allows traders to calculate the PD from option prices and vice versa so traders can know what are the best trades and their potential consequences.

All three platforms at Interactive Brokers area accompanied by at least one, sometimes several illustrative graphs and charts. They are available as mobile apps as well as for desktop.

Review info: Interactive Brokers
Review Date:
Rating : 2.5
Reviewed By :