Broker review · #2 of 10
Interactive Brokers Review: Overview & Rating
The professional's choice — unmatched market access at institutional pricing.
Last reviewed August 2026 · Fees and features change; always confirm on the broker's own site.
How we scored it
Weighted overall: Fees 30%, ETF range 25%, savings plans 15%, platform 15%, safety 15% — full methodology.
Interactive Brokers at a glance
- Regulator
- Central Bank of Ireland (IE) / SEC (US)
- Founded
- 1978
- HQ
- Greenwich, US (EU entity: Dublin, Ireland)
- ETF order fee
- From ~€1.25 (tiered)
- Custody fee
- €0
- Savings plans
- Recurring investments, no fee
- Fractional shares
- Yes
What we like
- Access to virtually every European exchange and UCITS ETF, plus global markets
- Tiered pricing makes large orders extremely cheap; no custody fee
- Interest paid on uninvested cash balances
- Rock-solid, publicly listed parent with decades of track record
What to watch
- Trader Workstation is famously intimidating for beginners
- Recurring investments are less streamlined than neobroker savings plans
- Currency conversion is cheap but manual unless configured
ETFPanda verdict
The benchmark for market access and cost at scale. If you can live with the learning curve, nothing in Europe matches the breadth. Beginners may prefer to start elsewhere and graduate here.
Best for: Experienced investors with larger portfolios who want every UCITS ETF, every exchange, and the lowest all-in costs.
Ratings are ETFPanda's editorial opinion and never for sale. Nothing on this page is investment advice; features, fees and investor protections vary by country of residence. Capital at risk.