Interactive Brokers is offering new members a chance to earn up to $1,000 in free IBKR stock. Members can also earn a $200 cash bonus for each successful referrals who claims their welcome stock using their link.
Interactive Brokers provides direct access to trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, fixed income and funds worldwide.
Continue reading below to learn more about Interactive Brokers and their bonuses below.
Up to $1,000 of IBKR Stock for Free
Open an Interactive Brokers account to earn up to $1,000 worth of IBKR shares. Receive $1 in IBKR shares for every $100 of value (cash or other assets) added to your account.
Keep in mind that the average balance must be maintained for at least one year for the shares to be accessible.
If you have an active account with Interactive Brokers, feel free to leave your referral links below for people to sign up with!
Interactive Brokers $200 Referral Bonuses
Get $200 cash bonus for each qualifying referrals who:
- Uses your unique referral link to sign up for an Interactive Brokers account, and
- Maintains a balance of at least USD $10,000 for one year.
Your referrals can earn up to $1,000 of IBKR stock. Please note that geographic restrictions may apply.
To be eligible for the referral program:
You must have an Interactive Brokers account with a net liquidation value of at least $2,000, and you must have placed at least one securities trade.
Earn a maximum of 15 referral bonuses in one year and 30 referral bonuses in total.
Interactive Brokers Features
| Account Minimum | $0 |
| Tradable Securities | Stocks, fractional shares, bonds, mutual funds, ETFs, options, futures, forex, metals |
| Trading Platform | Client Portal, Trader Workstation |
| Customer Support | Live Chat: 24/7 Email: 8am to 8pm, M-F |
Interactive Brokers lets you invest globally in stocks, options, futures, currencies, bonds and funds from one, easy-to-use, integrated account.
They provide their customers:
- 8,300+ no-transaction-fee mutual funds and 96 commission-free ETFs.
- Fractional shares and purchase a portion of a company’s stock rather than the full-priced share.
- Robo-advisory service (0.08% to 1.5% management fee).
- The ability to invest in 135 exchanges in 33 countries and ability to fund and trade accounts in 23 currencies.
- A Client Portal for casual investors, and Trader Workstation for more advanced traders.
- 100+ order types, from limit orders to complex algorithmic trading.
- Comprehensive reporting, including real-time trade confirmations, margin details, transaction cost analysis, portfolio analysis, and more.
- Socially-responsible investing via the Impact Dashboard; you can select your personal investment criteria from 13 principles, such as clean air and water, LGBTQ inclusion, gender equality, and more. You can also exclude investments based on 10 categories.
- A big selection of research and news, a lot of it for free, including Fundamentals Explorer, Zacks Investment Research, Morningstar Equity Ownership, Market Realist, 24/7 Wall Street, and Seeking Alpha.
Interactive Brokers security meets and exceeds industry standards because they offer biometric recognition and PIN verification to log into the mobile app, a multi-factor authentication, excess SPIC insurance provided by LLOyd’s of London, so each account is covered for $150 million.
Not only that they are FDIC insured for $250,000 on eligible cash balances.
Interactive Brokers Plans
| IBKR LITE | IBKR PRO | |
| US Stocks / ETFs | Free | Fixed / Tiered |
| Other Stocks / ETFs | Fixed | Fixed / Tiered |
| Options* | Fixed | Fixed / Tiered |
| Futures | Fixed | Fixed / Tiered |
| Forex | Tiered | Tiered |
| Bonds | Tiered | Tiered |
| Mutual Funds | Fixed | Fixed / Tiered |
*$0.65 per contract and no base, plus discounts for larger volumes. Minimum commission is $1 per order.
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Conclusion
Interactive Brokers is a good choice for active traders because of their low per-share pricing, advanced trading platform, wide selection of tradable securities, and outrageously low margin rates.
If you’re a beginner investor, you might want to choose a broker that offers a bit more guidance and educational resources that’ll help you get started.
Check only Best Online Brokerages here.
