Reply To: IBKR – legit or scam?

#197471
James Barra
Moderator
    DayTrading.com Team

    Hi Charlie,

    Thanks for your message.

    We consider Interactive Brokers a legitimate broker. In fact, it earned a very high trust score of (4.5/5) during our latest tests for several reasons:

    • It’s highly regulated (FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM)
    • It’s traded on the NASDAQ (suggesting financial transparency with routine audits)
    • It’s been operational for over 40 years (great track record with over two million clients)

    Check out our Interactive Brokers review to see if it’s the right fit for your needs.