Interactive Brokers Reports 20% Drop In MoM December DARTs

Interactive Brokers published key user information for December 2021. The report revealed a 20 percent decline in Daily Average Revenue Trades (DARTs) versus the previous month. In total, approximately 2.3 million DARTs were completed on the trading platform, representing a 3 percent drop compared to December 2020.

Interactive Brokers logo

Key Metrics

But it wasn’t all bad news for the US-headquartered trading firm. Interactive Brokers ended the year with 1.68 million live accounts. This is a 2 percent increase on the previous month and a 56 percent increase on the same period of the previous year.

The established trading brand reported 30 percent higher client equity versus the prior year at $273.8 billion. Also, the client margin loan balance increased by 40 percent on the previous year to $54.6 billion. Trader credit balance also came in at $87.1 billion, representing a 12 percent increase on the same period last year.

Finally, the average commission charged on the platform was $2.37. This includes exchange, clearing and non-trading fees, such as regulatory charges. The company believes exchange, clearing and regulatory costs represented around 55 percent of futures commissions.

Service Updates

Interactive Brokers has been a major player in the retail trading space in recent decades. The brand’s success is partly because of its commitment to refining its suite of trading services. The firm recently introduced cryptocurrencies on its trading platform and launching a tailored mobile investing solution.

About Interactive Brokers

Interactive Brokers is active in more than two dozen countries and offers access to 100+ financial assets spanning stocks, forex, futures, options, bonds and ETFs, among others. Clients can manage trading positions and conduct market analysis using the TraderWorkstation platform. The investing solution provides 63 different order types, 124 charting studies plus eight tools for markups.

Interactive Brokers trading portal
Client Portal

The company offers several account options to suit various client needs, including a cash account, a margin account and a portfolio margin account. A free paper trading account is also available so users can trial the broker’s tools and products before investing cash.

A host of additional trading features are available to live account holders, including a voice-based trading interface, a portfolio risk management platform, a market scanner, plus daily articles via email subscriptions. The result is a portfolio of tools that will suit both beginners and experienced traders.

Sign up today using the link below.

Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.