Mobile Options Trading | Interactive Brokers LLC (2024)

FAQs

Can you trade options on the Interactive Brokers mobile app? ›

Powerful Trading Tools Right in Your Pocket

Trade stocks, options, futures, currencies, bonds, and more no matter where you are with advanced order types and trading tools.

Interactive Brokers is the recipient of many awards from well-reputed financial organizations, and its Trader Workstation is the most comprehensive free asset selection and management tool for serious investors. Comprehensive free educational resources.

Interactive Brokers (IBKR) is a long-time leader in trading technology. When combined, the platform's options-specific research tools, content, order routing capabilities, order types, algorithmic trading capabilities, and industry-leading low margin rates make it the best choice for advanced options traders.

Interactive Brokers LLC operates as a brokerage firm. The Company provides trading in forex, stocks, options, futures, fixed income, and funds. Interactive Brokers serves customers worldwide.

Manage your portfolio on the go with Fidelity's mobile apps. Access an enhanced options chain and multi-leg options trading right from your phone, whenever you want.

"Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers."

INTERACTIVE BROKERS LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

A Global Firm for Global Investors

Interactive Brokers is headquartered in Greenwich, Connecticut and has 2,950+ employees in its offices in the USA, Canada, the United Kingdom, Ireland, Switzerland, Hungary, India, China (Hong Kong and Shanghai), Japan, Singapore, and Australia.

In order to day trade, the account must have at least 25,000 USD in Net Liquidation Value, where Net Liquidation Value includes cash, stocks, options, and futures P+L.

Which broker is best for option trading? ›

Both tiers of service have a $0 account minimum and offer fractional shares of stock. IBKR Lite and IBKR Pro have no account maintenance or inactivity fees.

Is Interactive Brokers trustworthy? Yes. It's a publicly listed company and has been around a long-time as an online broker with over 2m users around the world.

Getting started with Interactive Brokers

Curious about transaction costs at Interactive Brokers or how user-friendly their platform is? Unfortunately, Interactive Brokers is not considered good for beginners. If you'd like to see alternatives, check out our picks for the Best brokers for beginners.

To make a withdrawal of funds, you must complete a Withdrawal Instruction under Account Management. While the first cash withdrawal in any one month is free, there will be a charge for each additional withdrawal. We have implemented this policy to cover its costs in order to maintain our low commissions.

The Option Chain, available on the IBKR GlobalTrader app, allows the investor to view expirations, calls, puts, and each strike available to trade in a clearly defined, user-friendly screen. Through the GlobalTrader the investor has access to over 30 market centers to trade options.

In order to day trade, the account must have at least 25,000 USD in Net Liquidation Value, where Net Liquidation Value includes cash, stocks, options, and futures P+L.

Notably,there is a PC app that can be downloaded from the Trade Ideas official website. The service has a browser version but does not have a mobile version, which is, in a way, an undoubted drawback.