Interactive Brokers Review 2025: Advanced Trading Tools & Global Reach

In this review, we’re going to talk about the following:

• What is Interactive Brokers?
• Who is Interactive Brokers for?
• What Features does the Interactive Brokers platform offer?
• Why did Wall Street Survivor choose Interactive Brokers as their NUMBER ONE broker for international investors?
• How do I get access to Interactive Brokers’ FREE MEMBERSHIP and earn interest on my uninvested cash?
• What sustainable investing options does Interactive Brokers offer?
• Why Interactive Brokers is frequently recognized as the best broker and is consistently included in lists of best brokers and best online broker rankings.

Interactive Brokers consistently receives 5 stars across categories such as overall performance, investment options, and customer experience.

So let’s dive into our Interactive Brokers Review and talk about why Interactive Brokers is such a heavily-awarded online broker.

The Evolution of Interactive Brokers

Founded in 1977 by Thomas Peterffy, Interactive Brokers (IBKR) has evolved into a leading global brokerage, renowned for its technological innovation and low-cost trading solutions. Headquartered in Greenwich, Connecticut, Interactive Brokers LLC operates as a US entity regulated by the SEC, serving clients in over 200 countries, and providing access to 160 markets in 36 countries with 28 currencies. The company processes over 3.62 million daily trades and holds $13.3 billion in excess regulatory capital, showcasing its financial strength and commitment to secure trading environments. This strong foundation has led Interactive Brokers LLC to be consistently recognized as a top broker for international trading and active traders alike, earning numerous industry awards and recognition. With its advanced trading platforms and comprehensive offerings, Interactive Brokers continues to be a standout choice among other brokers.

Test-drive Interactive Brokers with a free trial. Explore IBKR Desktop, TWS, and Mobile — and see how their real-market pricing and advanced tools compare to your current broker.

Advanced Tools

Interactive Brokers has long been known for its robust suite of trading platforms designed to cater to a wide range of investors, from beginners to seasoned professionals. IBKR offers multiple platforms tailored to different experience levels, ensuring that both novice and advanced traders can find tools suited to their needs. These platforms are optimized to provide a seamless trading experience across multiple devices and markets. Let’’s delve deeper into the key platforms offered by IBKR and their unique features:

While these advanced tools offer significant flexibility and power, there is a learning curve involved in mastering them. Fortunately, Interactive Brokers provides a variety of educational resources to help users overcome these challenges and make the most of its platforms.

Trader Workstation (TWS)

Trader Workstation is IBKR’’s flagship desktop platform, built specifically for advanced traders and investors who require sophisticated tools and a high level of customization. TWS stands out for its comprehensive suite of features and its capacity to handle complex trading strategies across a multitude of asset classes. This trading platform offers unparalleled capabilities, making it a preferred choice for high volume traders and those engaged in international trading. Trader Workstation is particularly well-suited for active trading due to its advanced execution speed and trading technologies.

Advanced Order Types: TWS offers more than 100 order types and algorithms to cater to intricate trading strategies, including conditional orders like one-cancels-all (OCA), iceberg orders, and bracket orders. This allows traders to implement highly specific strategies that would be challenging on other platforms.

Charting and Analytics: The platform provides advanced charting tools, enabling traders to analyze historical data, identify trends, and execute trades based on technical indicators. TWS also offers features specifically designed for day trading, such as real-time market data and rapid order execution, making it ideal for day traders who require speed and precision. Traders can customize their charts with a wide array of studies and overlays to tailor the analysis to their specific strategies.

Risk Management Tools: TWS includes powerful risk management features such as the Risk Navigator, which allows traders to evaluate the risk exposure of their portfolio in real-time. This tool can be indispensable for professional traders who need to monitor potential risks across various asset classes.

Portfolio Builder: This feature allows investors to create and test investment strategies using fundamental data and backtesting capabilities. Investors can construct portfolios based on specific criteria, such as expected return or risk tolerance, and refine them using historical performance data.

IBKR Algo Trading: For those interested in algorithmic trading, TWS provides a comprehensive suite of algos that help optimize order execution. These include Arrival Price, Dark Ice, and Accumulate/Distribute, designed to achieve better execution prices with minimal market impact.

Market Scanner and Alerts: TWS’s Market Scanner helps traders identify potential trading opportunities based on custom criteria such as price changes, volume spikes, or specific technical indicators. Alerts can be set up to notify traders of key market events, price movements, or news that may affect their trading strategy.

Customizable Layouts: One of the standout features of TWS is its customizable interface, allowing traders to set up their workspace exactly as they need it. From the placement of widgets to color coding and data feeds, every element can be tailored to enhance the user experience. This makes TWS one of the most versatile trading platforms available, providing flexibility for advanced users and experienced traders alike.

IBKR Mobile

The IBKR Mobile app is designed to bring the power of TWS to a smartphone, providing access to a wide array of trading tools and account management features on the go. The mobile platform supports trading in over 150 markets globally and includes features such as:

Advanced Charting and Order Management: Like its desktop counterpart, the mobile app provides advanced charting capabilities, enabling traders to perform technical analysis from their mobile devices. It supports complex order types and allows for quick modifications to existing orders.

Portfolio Monitoring: Investors can monitor their entire portfolio, including real-time positions, P&L, and performance metrics. The app also provides detailed account summaries and transaction history, ensuring traders have comprehensive access to their financial data.

News and Market Data: The mobile platform delivers streaming news and real-time quotes, helping traders stay informed of market developments wherever they are.

Notifications and Alerts: Users can set up push notifications for account activity, price movements, or order executions, ensuring they never miss an opportunity or crucial market event.

IBKR GlobalTrader

GlobalTrader is a simplified platform aimed at newer investors and those who prefer a straightforward interface. It focuses on ease of use while still providing access to a wide range of global stocks and ETFs. GlobalTrader supports a variety of brokerage accounts tailored to different investor needs, offering professional-grade features and flexibility. Key features include:

Simplified Trading Interface: The platform provides a clean, intuitive interface that makes it easy for users to navigate through different markets, execute trades, and monitor portfolios.

Fractional Shares and Low Minimums: GlobalTrader allows for fractional share trading, enabling investors to start with as little as $1. This feature makes it accessible for those who want to invest in high-priced stocks without needing large amounts of capital.

Educational Resources: GlobalTrader integrates educational content tailored for novice investors, helping them learn about investing basics, risk management, and trading strategies.

Global Access: As the name suggests, GlobalTrader provides access to over 90 stock exchanges worldwide, allowing investors to trade across different regions from a single account. The platform is also accessible to European investors, enabling them to access US ETFs and benefit from specific financial protections within the European context.

Client Portal

The IBKR Client Portal is a web-based platform that provides a comprehensive suite of tools for managing accounts, trading, and accessing market data.

Comprehensive Account Management: Users can view detailed account balances, performance metrics, and transaction history. The Client Portal also includes tools for funding broker accounts, transferring funds, and generating reports. Users can fund or withdraw from their broker account using methods such as bank transfer, though certain fees or restrictions may apply depending on the method chosen.

Integrated Trading Platform: The portal supports trading across a range of asset classes and offers real-time quotes and charts. It’s ideal for investors who need quick access to trading tools without the complexity of TWS.

PortfolioAnalyst Integration: For clients looking to track and analyze their investments, the Client Portal integrates seamlessly with PortfolioAnalyst, providing in-depth performance analysis and financial planning tools.

Interactive Brokers’ array of platforms—each tailored to different types of traders—provides unparalleled flexibility and depth. Whether it’s the highly customizable TWS for advanced traders, the mobile app for trading on the go, or the intuitive GlobalTrader for new investors, IBKR ensures that every trader has access to the tools they need to succeed. This versatility, combined with a global reach and advanced technology, makes Interactive Brokers a standout choice in the brokerage industry.

Product Offerings and Reach

Interactive Brokers (IBKR) stands out in the brokerage industry for its extensive product offerings and unparalleled global reach, making it an ideal platform for both novice and seasoned investors looking to diversify their portfolios across a wide range of asset classes and international markets. IBKR provides access to a wide variety of financial instruments, including stocks, bonds, options, and more, ensuring clients can invest in numerous tradable assets. This comprehensive accessibility is a core component of IBKR’’s value proposition, providing opportunities that few other online brokers can match.

Asset Classes

Interactive Brokers provides access to an impressive array of asset classes, allowing investors to build a diversified portfolio that meets their specific needs and risk tolerance. The platform supports trading in:

Stocks and ETFs: IBKR offers access to more than 160 exchanges in 36 countries, enabling investors to trade both U.S. and international stocks and ETFs from a single integrated account. This wide market access allows users to capitalize on opportunities in different regions and sectors.

Options and Futures: Advanced traders can utilize IBKR’s sophisticated tools to trade options and futures globally. The platform supports trading in more than 30 market centers, covering a broad spectrum of products including index options, commodity futures, and volatility futures. With access to professional trading tools and competitive commissions, IBKR caters to options and futures traders looking for advanced strategies and complex trades.

Forex: IBKR provides direct access to interbank forex quotes, offering tight spreads and deep liquidity across more than 100 currency pairs. This access to real-time quotes from 17 of the world’s largest FX dealers allows forex traders to execute trades with high precision and minimal costs. The platform’s forex trading capabilities are further enhanced by advanced tools like multi-currency reporting and risk management.

Bonds: The bond marketplace at IBKR is extensive, featuring a vast universe of over 1 million bonds globally. With no mark-ups or built-in spreads, investors have access to a transparent and cost-effective fixed income trading experience. The platform supports a variety of bonds, including U.S. Treasuries, corporate bonds, municipal bonds, and international bonds. Advanced search tools and comparative yield analysis help investors find bonds that meet their specific investment criteria.

Mutual Funds: IBKR’s Mutual Fund Marketplace offers more than 45,000 mutual funds from over 400 fund families, with more than 17,000 funds available without transaction fees. The Mutual Fund Replicator tool allows investors to replicate popular mutual funds using a basket of low-cost ETFs, providing a cost-effective way to achieve similar investment exposure.

Commodities and Metals: For those interested in commodities, IBKR provides access to a wide range of markets, including energy, agricultural products, and precious metals. The addition of U.S. Spot Gold trading, with low, transparent commissions and the ability to trade in quantities as small as one ounce, allows investors to diversify into gold without the complexities of futures trading.

Crypto Trading: IBKR offers robust crypto trading capabilities, allowing investors to trade cryptocurrencies alongside traditional assets. The platform features advanced tools for digital asset trading and seamless integration with other investment options, making it an attractive choice for those interested in crypto markets.

Specialty Programs and Offerings

Interactive Brokers also offers several unique programs designed to enhance the investment experience and provide additional income opportunities:

Stock Yield Enhancement Program: This program allows IBKR clients to earn extra income on the fully paid shares held in their accounts by lending them out to short sellers. Clients receive interest on the collateral held by IBKR, which can be a significant source of additional returns, particularly for long-term investors holding large positions.

Forex Direct and Bond Direct: These specialized trading services provide direct access to liquidity providers and institutional pricing, offering professional-grade trading capabilities to retail investors. This direct access model ensures transparent pricing and competitive execution.

IBKR Impact and ESG Investing: For socially conscious investors, IBKR offers a robust ESG (Environmental, Social, and Governance) investing platform. The Impact Dashboard allows users to align their investments with their values by filtering for positive and negative criteria, such as environmental sustainability or social justice. The recent addition of the Impact app brings these features to mobile devices, enabling investors to easily incorporate ESG considerations into their portfolios.

Global Accessibility and Currency

One of IBKR’s most significant advantages is its truly global reach. The platform is designed to support investors from around the world, providing access to a wide range of international markets. Key features that highlight this global accessibility include:

Multi-Currency Accounts: IBKR allows clients to hold, trade, and convert over 20 different currencies, providing flexibility and cost savings for international investors. This multi-currency capability is particularly beneficial for those looking to invest in foreign markets or those who need to manage currency exposure across multiple regions.

Access to Emerging Markets: IBKR’s extensive network of international exchanges includes not only the major markets in North America, Europe, and Asia but also emerging markets in regions like Latin America and Southeast Asia. This broad access enables investors to tap into growth opportunities in some of the world’s fastest-growing economies.

Global Trading Hours: With IBKR, investors can trade virtually 24 hours a day, six days a week. The platform supports trading in global stocks and ETFs outside of regular U.S. market hours, enabling clients to react to market-moving events in real-time, regardless of their location.

IBKR’s Low Costs

Despite offering such a wide array of products and services, IBKR remains committed to maintaining some of the lowest costs in the industry. The platform’’s competitive pricing on margin loans, interest on uninvested cash, and low commissions across various asset classes make it an attractive option for cost-conscious investors. Most investors benefit from these low fees, but some may prefer brokers with more intuitive platforms. While IBKR excels in offering low costs, it may fall short for investors seeking a more simplified user interface. The transparency in pricing, combined with the absence of hidden fees or spreads, ensures that investors can maximize their returns while minimizing costs.

Interactive Brokers Just Made Tax Season Smarter

Taxes aren’t the most exciting part of investing — but understanding how trades impact your tax bill can make a big difference in your returns. That’s where Interactive Brokers’ new Tax Planner comes in.

Integrated into the free PortfolioAnalyst platform, Tax Planner helps investors estimate, plan, and manage tax obligations year-round. You can create a personal tax profile that factors in your income, deductions, and withholdings, then use it to project your total tax bill across all sources of income — not just what you earn through your IBKR account.

The tool builds on IBKR’s existing tax optimization suite, including tax-lot matching, gain/loss previews, and tax-loss harvesting tools. Now, instead of waiting until April to see your full picture, investors can run proactive simulations, identify opportunities, and make adjustments throughout the year.

It’s a powerful addition for anyone who wants to take control of their after-tax returns and turn tax season into a year-round strategy.

Learn more about Tax Planner through PortfolioAnalyst on Interactive Brokers.

Experience IBKR’s low commissions and margin rates in real-market conditions — risk-free. Start your free Interactive Brokers trial today.

Pricing, Fees, and Margin

Interactive Brokers (IBKR) is known for offering some of the most competitive pricing in the brokerage industry. This commitment to low costs is a major draw for both retail and institutional investors. The platform provides a transparent pricing structure across various asset classes, including stocks, options, futures, mutual funds, and more. Here’s a detailed look at the pricing and fees associated with different products offered by IBKR.

Stock and ETF Fees

Interactive Brokers offers two pricing plans for trading stocks and ETFs:

IBKR Lite: Provides commission-free trading for U.S. stocks and ETFs, catering to investors who prefer a simple, no-cost trading experience. However, this plan supports payment for order flow, which may result in less optimal trade execution compared to IBKR Pro.

IBKR Pro: Features a tiered commission structure, starting at $0.005 per share with a minimum of $1 per order. For high-volume traders, the tiered pricing can reduce costs significantly. The maximum commission is capped at 1% of the trade value, making it ideal for active traders seeking optimal trade execution and price improvement.

Options

Interactive Brokers provides a competitive pricing structure for options trading, which varies based on the market and trading volume:

U.S. Options: The commission ranges from $0.15 to $0.65 per contract, depending on monthly trading volume. For traders executing more than 100,000 contracts per month, the commission drops to $0.15 per contract, offering substantial savings for high-frequency traders.

Non-U.S. Options: IBKR charges a commission of 0.15% to 0.50% of the trade value, with specific rates varying by region and exchange. This flexibility makes IBKR an attractive option for traders looking to access options markets globally.

Options Clearing Fees: In addition to the commission, traders may incur options clearing fees, which typically range from $0.02 to $0.05 per contract.

Futures Fees

IBKR’s futures trading fees are designed to be competitive across global markets:

U.S. Futures: Commissions range from $0.25 to $0.85 per contract, depending on the trading volume. Higher volume traders benefit from lower rates, with the $0.25 rate applicable to those trading more than 20,000 contracts per month.

Non-U.S. Futures: The commission for non-U.S. futures varies by market and is typically charged as a percentage of the trade value, often ranging from 0.02% to 0.05%. For example, trading European futures contracts typically costs between €0.30 and €1.00 per contract, depending on the specific product and exchange.

Futures Options: Futures options are charged at $0.15 to $0.85 per contract, with similar volume-based discounts as those for standard futures contracts.

Mutual Funds

Interactive Brokers offers a diverse mutual fund marketplace with transparent pricing:

No Transaction Fee (NTF) Funds: IBKR offers over 17,000 NTF mutual funds, providing cost-effective access to a wide range of investment strategies without any transaction fees.

Transaction Fee Funds: For mutual funds not included in the NTF program, IBKR charges a commission of $14.95 or 3% of the trade value, whichever is lower. This competitive rate provides flexibility for investors seeking specific mutual funds outside the NTF universe.

Mutual Fund Replicator: This tool allows investors to replicate popular mutual funds using a basket of ETFs, potentially lowering costs while achieving similar investment exposure.

Forex

Forex trading at IBKR is designed for transparency and low cost:

Commissions: IBKR charges commissions based on trade size, typically ranging from 0.08 to 0.20 basis points (bps) of the trade value. This model ensures tight spreads and lower costs compared to many retail forex brokers.

No Hidden Spreads: Unlike many brokers that include hidden spreads within the quoted price, IBKR’s transparent pricing model ensures that traders receive the actual interbank market rates.

Margin

Interactive Brokers offers some of the lowest margin rates in the industry, making it a preferred choice for margin trading:

IBKR Pro Margin Rates: For IBKR Pro users, margin rates are highly competitive, starting at the benchmark rate plus 0.5%. As of February 2025, this translates to a range of 4.83% to 5.83%, depending on the loan amount. For large balances over $1 million, rates can drop even further, providing substantial savings for high-net-worth clients. This tiered structure rewards active and professional traders with more favorable rates.

IBKR Lite Margin Rates: IBKR Lite users are subject to slightly higher rates, starting at the benchmark rate plus 2.5%, which is still competitive compared to other brokers offering similar services. Despite this, many investors appreciate the simplicity and cost efficiency of the IBKR Lite plan.

Tiered Margin Rates: Margin rates decrease as the amount borrowed increases, with loans over $3 million receiving the lowest rates. This tiered pricing model makes Interactive Brokers an attractive option for high-volume traders and sophisticated investors who need substantial leverage for their trading activities.

Additional Fees

Interactive Brokers maintains a transparent fee structure, but there are additional charges that users should be aware of. However, some negative reviews mention dissatisfaction with certain fees or withdrawal processes:

Research Fees: Depending on the data package and third-party research subscribed to, clients may incur additional monthly fees ranging from $10 to $40. These fees are waived for clients who generate a minimum amount of commissions each month. This is particularly relevant for investment professionals who rely on comprehensive market data and research reports.

Withdrawal and Transfer Fees: While IBKR allows one free withdrawal per calendar month, additional withdrawals incur a fee of $10 for a wire transfer. ACATS transfers and internal account transfers are typically free, but fees may apply for more complex transfers, such as those involving foreign securities.

Exchange Fees: IBKR passes through exchange and regulatory fees to clients, ensuring that the costs associated with market access are transparent and aligned with industry standards. These fees vary by market and product but are clearly detailed on the Interactive Brokers website.

Inactivity Fees: Although Interactive Brokers previously charged inactivity fees, they have been eliminated since July 2021. This change benefits less active traders and beginner investors who may not trade frequently enough to meet minimum activity requirements.

Safety and Security

When it comes to safeguarding your investments, Interactive Brokers sets the industry standard for safety and security. As a member of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), Interactive Brokers operates under some of the strictest regulatory frameworks in the financial world. This commitment to compliance ensures that client assets are protected and that the broker adheres to the highest standards of transparency and accountability.

Interactive Brokers employs a robust risk management system and state-of-the-art technology infrastructure to keep your accounts and personal information secure. One of the standout features is two-factor authentication, which requires a second form of verification—such as a code sent to your mobile phone—before granting access to your account. This extra layer of security is essential for preventing unauthorized access and gives both active traders and retail investors peace of mind.

All client data and transactions are protected by advanced encryption protocols, ensuring that sensitive information remains confidential and secure at all times. Whether you’re accessing your Interactive Brokers account through the Trader Workstation (TWS), the intuitive mobile application, or the web-based Client Portal, you can trade with confidence knowing your information is shielded from cyber threats.

Interactive Brokers offers a variety of account types, including margin accounts and cash accounts, each with built-in security and portfolio management tools. The Trader Workstation platform, renowned for its advanced trading tools and real-time market data, also features comprehensive risk management and technical analysis capabilities, empowering professional traders and experienced investors to monitor and protect their portfolios effectively.

For those who value flexibility, the mobile trading app delivers the same high level of security, allowing you to manage your investments and execute trades securely from your mobile phone, wherever you are. This commitment to security extends across all trading platforms, making Interactive Brokers a good broker for anyone prioritizing both convenience and protection.

Interactive Brokers’ transparent fee systems—offering both fixed and tiered pricing—ensure that you benefit from low costs and unbeatable margin rates without hidden charges. The broker’s reputation for low fees, commission-free trades on US exchange-listed stocks, and access to international markets makes it a top choice for active traders, professional traders, and retail investors alike.

Compared to other brokers, Interactive Brokers stands out not only for its advanced trading platforms and extensive investment options but also for its unwavering focus on client safety. Whether you’re trading US stocks, international equities, options, futures, or exploring new markets like crypto, you can trust that your assets are protected by one of the best online brokers in the industry.

With a 5-star rating and a legacy of excellence, Interactive Brokers continues to lead the way in security, reliability, and innovation. For anyone seeking a secure, feature-rich, and low-cost online broker, Interactive Brokers offers the tools, resources, and peace of mind needed to achieve your financial goals in today’s dynamic stock market.

Before switching brokers, take IBKR for a spin. The free trial gives you full platform access, research tools, and live-market testing — no deposit required.

ESG Investing and Social Responsibility

Interactive Brokers has made significant strides in offering ESG (Environmental, Social, and Governance) investment options, catering to the growing demand for socially responsible investing. The Impact Dashboard allows investors to align their portfolios with their values by screening for positive or negative categories such as environmental sustainability or social justice. This tool enables investors to exclude companies involved in activities they find objectionable, such as animal testing or fossil fuel production.

The introduction of the IBKR Impact app brings these capabilities to mobile devices, making values-based investing more accessible. For every $1,000 deposited, IBKR plants 25 trees, supporting global reforestation efforts in critical areas like California, Mexico, and India. This initiative reflects Interactive Brokers’ commitment to sustainability and its desire to attract investors interested in making a positive impact.

Educational Resources and Client Support

Interactive Brokers offers a robust set of educational resources aimed at improving financial literacy and trading skills for investors of all levels. IBKR Campus, an extensive online library, provides a wide range of resources from beginner to advanced levels. These resources are designed to support individual investors as well as advanced traders. Investors can access webinars, courses, and tutorials to enhance their trading knowledge. Topics range from basic investment principles to complex trading strategies, catering to a broad audience.

For those who prefer interactive learning, IBKR offers a paper trading account that allows investors to practice trading strategies in a risk-free environment. This feature is particularly beneficial for less experienced traders looking to gain confidence before committing real capital.

IBot: An AI-powered chatbot, IBot offers quick, efficient assistance, guiding users through the platform’s features and trading options. It can answer a wide array of questions, from basic platform navigation to complex order types, making it a valuable tool for both beginner and advanced users.

Traders Academy: This interactive platform offers structured courses on a variety of trading topics, including options strategy lab, risk management, and portfolio analysis. Each course includes quizzes and exams to test understanding, making it a comprehensive resource for those looking to deepen their trading expertise.

Check out our article concerning the true safety and security of IBKR in 2025!

Awards and Recognition

Interactive Brokers has consistently been recognized for its excellence in the brokerage industry. It was named the #1 online broker by Barron’’s for six consecutive years and received multiple awards from BrokerChooser, StockBrokers.com, and Benzinga. Many industry awards and reviews compare Interactive Brokers to other leading platforms, consistently ranking it at the top. Numerous reviews and expert opinions also consider Interactive Brokers good for a wide range of investors due to its low fees and advanced features. These accolades reflect its commitment to providing a superior trading experience, comprehensive product offerings, and low-cost solutions. The company has also been praised for its innovative trading platforms, which are among the best in the industry for both retail and institutional investors.

In addition to these accolades, IBKR has been acknowledged for its focus on ESG investing, earning praise for its Impact Dashboard and its efforts to promote sustainable investing practices. These awards and recognitions highlight IBKR’s dedication to serving its diverse clientele with excellence and innovation.

Conclusion: A Broker for All Traders

Interactive Brokers continues to innovate and expand its offerings, making it a preferred choice for professional traders and global investors. The addition of new tools, enhanced mobile platforms, and competitive pricing solidifies its position as a top brokerage for active and international investors. With its focus on technological advancements and client satisfaction, IBKR is well-positioned to continue leading the industry.

For those looking for a reliable, low-cost broker with a global reach, Interactive Brokers remains an excellent choice. As the company continues to expand its offerings and improve user experience, it is poised to remain a top contender in the competitive brokerage landscape. Whether you are a beginner investor exploring the markets for the first time, a sophisticated trader requiring advanced tools, or a socially conscious investor interested in ESG investing, Interactive Brokers delivers a comprehensive solution that meets a wide range of investment needs.

FAQs

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Ranking of Top Stock Newsletters Based on Last 3 Years of Stock Picks as of September 27, 2025

We are paid subscribers to dozens of stock and option newsletters. We actively track every recommendation from all of these services, calculate performance, and share our results of the top performing stock newsletters whose subscriptions fees are under $500. The main metric to look for is "Return vs S&P500" which is their return above that of the S&P500. So, based on September 27, 2025 prices:

Best Stock Newsletters

Rank	Stock Newsletter	Picks Return	Return vs S&P500	Picks w Profit	Max % Return	Current Promotion
1.	Alpha Picks	90.5%	65.0%	76%	1,478%	October, 2025 Promotion: Save $50
Summary: 2 picks/month based on Seeking Alpha's Quant Rating; Retail Price is $499/yr. See complete details and analysis in our Alpha Picks Review.
2.	Moby.co	52.4%	16.5%	74%	2,412%	October, 2025 Promotion: Next pick free!
Summary: 60-150 stock picks per year, segmented by industry; Retail Price is $199/yr. Read our Moby Review.
3.	Zacks Top 10	35.3%	16.4%	76%	170%	October, 2025 Promotion: $1, then $495/yr
Summary: 10 stock picks per year on January 1st based on Zacks' Quant Rating; Retail Price is $495/yr. Read our Zacks Review.
4.	TipRanks SmartInvestor	20.8%	9.4%	63%	430%	Current Promotion: Save $180
Summary: About 1 pick/week focusing on short term trades; Lifetime average return of 355% vs S&P500's 149% since 2015. Retail Price is $379/yr. Read our TipRanks Review.
5.	Stock Advisor	46.0%	7.6%	74%	330%	October, 2025 Promotion: Get $100 Off Get 3 Picks Free
Summary: 2 picks/month and 2 Best Buy Stocks lists focusing on high growth potential stocks over 5 years; Retail Price is $199/yr. Read our Motley Fool Review.
6.	Action Alerts Plus	26.2%	4.9%	65%	208%	Current Promotion: None
Summary: 100-150 trades per year, lots of buying and selling and short-term trades. Read our Jim Cramer Review.
7.	Zacks Home Run Investor	5.1%	0.1%	46%	299%	October, 2025 Promotion: $1, then $495/yr
Summary: 40-50 stock picks per year based on Zacks' Quant Rating; Retail Price is $495/yr. Read our Zacks Review.
8.	IBD Leaderboard ETF	11.4%	-1.8%	n/a	n/a	October, 2025 Promotion: None
Summary: Maintains top 50 stocks to invest in based on IBD algorithm; Retail Price is $495/yr. Read our Investors Business Daily.
9.	Zacks Under $10	2.0%	-2.1%	38%	263%	October, 2025 Promotion: $1, then $495/yr
Summary: 40-50 stock picks per year based on Zacks' Quant Rating; Retail Price is $495/yr. Read our Zacks Review.
10.	Hidden Gems	35.6%	-3.1%	69%	240%	Current Promotion: Save $200
Summary: 5 picks/month focusing on disruptive technology and business models; Lifetime average return of 355% vs S&P500's 149% since 2005; Now part of Motley Fool Epic. Read our Motley Fool Epic Review.
Top Ranking Stock Newsletters based on their last 3 years of stock picks covering 2025, 2024, 2023, part of 2022 performance as compared to S&P500. S&P500's return is based on average return of S&P500 from date each stock pick is released. NOTE: To get these results you must buy equal dollar amounts of each pick on the date the stock pick is released. Investor Business Daily Top 50 based on performance of FFTY ETF. Performance as of September 27, 2025.