Top Interactive Brokers Alternatives

Technology has absolutely modernized the world of trading, and Interactive Brokers is one of the pioneers of financial trading technology. Found in 1978 in NYC, it now has offices in over 10 countries around the world. It provides brokerage of several financial products, stock market insights, digital financing services and many more, all approved and regulated by the several US-based regulatory authorities. With them, financial trading becomes easier, more secure and of course, much more profitable. Interactive Brokers also provide broker accounts that can be used to securely store funds collected or used for trading. Their trading prices are very low, with no charges for opening an account so that amateur traders can have a good start with a dependable company.

Digital financing at its finest

The IBKR Trading Platform is designed to be extremely user-friendly so that even amateur traders can get a head start. It is also very fast and is available on a variety of devices for on-the-go trading. Its features are available from the Client Portal, where the user will also be able to get insights on their current account status and their performance in the stock market. This allows them to make more careful decisions. The actual trading is performed on the Desktop TWS platform, which has a collection of several tools and metrics for determining stock market trends and trading on shares, Forex and more.

IBot: The trading advisor of the future

One of the most advanced platforms of Interactive Brokers is, however, its IBot platform. It is an astonishingly efficient use of machine learning and natural language processing in the field of trading. IBot can act as a complete personal assistant to a trader, drastically simplifying some of the more complex tasks by accepting voice commands. Through IBot, the user can perform easy searches, get insights, know more about certain terms and even use it to perform certain tasks, like managing their brokering account or trading stocks directly through the platform. The best thing about this is that it doesn’t require marketing keywords to understand the user.