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Interactive Brokers Review: Is It Legit and Regulated?

Interactive Brokers LLC

US Operating period unverified
AKA IBKR AKA Interactive Brokers LLC

FindMyFX score

high risk

5.0/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
interactivebrokers.com
Address
One Pickwick Plaza, Greenwich, CT 06830, United States
Contact
One Pickwick Plaza, Greenwich, CT 06830, United States
Primary license
NFA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Interactive Brokers legit and regulated?

FindMyFX has license records for Interactive Brokers, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

US-headquartered electronic broker providing access to spot currencies and a broad range of exchange-traded and over-the-counter products.

Professional broker overview

FindMyFX editorial summary

Interactive Brokers LLC is a US electronic broker listed by NFA under ID 0258600 and by FINRA under CRD 36418 and SEC number 8-47257. Its official site offers spot currencies alongside stocks, options, futures, bonds and funds, with a commission-based spot-FX schedule and quotes sourced from multiple FX dealers. The group discloses regulated affiliates in Canada, the United Kingdom, Ireland, Australia, Hong Kong, India, Japan and Singapore; product availability differs by affiliate. In September 2023, the CFTC ordered Interactive Brokers Corporation and Interactive Brokers LLC to pay a USD 20 million penalty for recordkeeping and supervision failures involving unapproved communications.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The available products, investor-compensation arrangements and currency-trading permissions vary by affiliate; for example, the official site states that spot currencies are not available through the Singapore entity. FindMyFX did not assess every country-specific account schedule.

Operational status
active
Broker type
unknown
Execution model
Spot-currency pricing is commission based, with the official pricing page stating no markup on quotes and liquidity from multiple FX dealers.
Support hours
Not verified

Documented advantages

  • NFA and FINRA provide open regulator records for Interactive Brokers LLC.
  • The official spot-currency page publishes a commission schedule and states that quotes are not marked up.

Documented limitations

  • Official spot-currency order-size tables show minimum orders such as USD 25,000 or EUR 20,000, which may be unsuitable for small transactions.
  • A 2023 CFTC order imposed a USD 20 million penalty for recordkeeping and supervision failures.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

9 entities

Interactive Brokers LLC

Primary
US Registration not shown

Interactive Brokers (U.K.) Limited

GB 03958476

20 Fenchurch Street, Floor 12, London EC3M 3BY, United Kingdom

Interactive Brokers Australia Pty. Ltd.

AU ABN 98 166 929 568

Level 11, 175 Pitt Street, Sydney, New South Wales 2000, Australia

Interactive Brokers Canada Inc.

CA Registration not shown

1800 McGill College Avenue, Suite 2106, Montreal, Quebec H3A 3J6, Canada

Interactive Brokers Hong Kong Limited

HK Registration not shown

Suite 1512, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong SAR

Interactive Brokers India Pvt. Ltd.

IN CIN U67120MH2007FTC170004

502/A, Times Square, Andheri Kurla Road, Andheri East, Mumbai 400059, India

Interactive Brokers Ireland Limited

IE 657406

North Dock One, 91/92 North Wall Quay, Dublin 1 D01 H7V7, Ireland

Interactive Brokers Securities Japan Inc.

JP Registration not shown

Kasumigaseki Building 25F, 2-5 Kasumigaseki 3-chome, Chiyoda-ku, Tokyo 100-6025, Japan

Interactive Brokers Singapore Pte. Ltd.

SG Registration not shown

1 Harbourfront Place #12-01/03, Harbourfront Tower 1, Singapore 098633

Markets and instruments

Bonds

unverified

Funds

unverified

Futures

unverified

Options

unverified

Spot currencies

unverified

Stocks

unverified

Licenses and regulators

NFA

0258600

unverified

Last verified: Not shown

Type: NFA member / futures commission merchant and forex-related registration categories shown in BASIC
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

FINRA

CRD 36418 / SEC 8-47257

unverified

Last verified: Not shown

Type: Broker-dealer
Client class: Not shown
Compensation: SIPC membership is disclosed on the official IBKR site for eligible securities claims.
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

FCA

208159

unverified

Last verified: Not shown

Type: Investment firm
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

CBI

C423427

unverified

Last verified: Not shown

Type: Investment firm
Client class: Not shown
Compensation: Irish Investor Compensation Scheme
Segregated funds: Unknown
Negative balance protection: Unknown

ASIC

453554

unverified

Last verified: Not shown

Type: Australian Financial Services Licence
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

SFC

No license number

unverified

Last verified: Not shown

Type: Securities and futures intermediary
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

SEBI

INZ000217730

unverified

Last verified: Not shown

Type: Trading member
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

KLFB

187

unverified

Last verified: Not shown

Type: Securities company
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

MAS

CMS100917

unverified

Last verified: Not shown

Type: Capital Markets Services Licence
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

CFTC recordkeeping and supervision order

high · draft

On 29 September 2023, the CFTC ordered Interactive Brokers Corporation and Interactive Brokers LLC to pay a USD 20 million civil monetary penalty for failures to preserve required communications and diligently supervise CFTC-regulated businesses.

NFA forex supervision and price-adjustment settlement

medium · draft

An NFA decision dated 14 April 2022 accepted a settlement offer from Interactive Brokers LLC and imposed a USD 250,000 monetary sanction in a matter involving forex-dealer supervision and price-adjustment rules.

Score components

Regulation and licenses

7.5/10 · 35%

Open NFA and FINRA records verify the US entity, and the official footer maps major international affiliates.

Security and track record

2.5/10 · 20%

Authoritative enforcement records provide substantial evidence but include material CFTC and NFA sanctions, so the initial score is conservative.

Trading conditions

7.5/10 · 15%

Official pages disclose spot-currency products, order-size limits, platforms and a detailed commission model, although jurisdiction-specific leverage is not consolidated.

Company transparency

7.5/10 · 10%

Regulator records and the official affiliate disclosure provide extensive entity, registration, address and licence information.

Service quality

0.0/10 · 10%

No verified service-quality dataset was reviewed.

Verified user reviews

0.0/10 · 10%

No verified user-review data was available from the inspected official and regulatory sources.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.