We found 11 online brokers that are appropriate for Trading Interactive Brokers Alternative Investment Platforms.
Interactive Brokers is one of the most prominent brokerage firms in the United States, offering a wide array of financial instruments including stocks, ETFs, options, futures, and currencies. The firm has built its reputation on speed, transparency, and access to global markets, making it a preferred choice for both institutional investors and active retail traders.
Headquartered in Connecticut, Interactive Brokers LLC operates offices in several other major cities and serves clients worldwide. It is the largest subsidiary of the broader Interactive Brokers Group, which was founded by Thomas Peterffy a pioneer in electronic and algorithmic trading. The firm’s scale is reflected in its operations: it services over 607,000 clients, handles $128.4 billion in customer equity, and provides clearing and brokerage solutions to more than 200 other brokers globally.
Interactive Brokers is regulated by top tier U.S. authorities, including the Securities and Exchange Commission (SEC), New York Stock Exchange (NYSE), and Chicago Mercantile Exchange (CME). As someone who has used Interactive Brokers for years, I can attest to its strength in global reach and low cost execution though it’s a platform better suited for seasoned traders than casual investors.
To close your account with Interactive Brokers, log into the Client Portal. Navigate to Settings, select Account Settings, and click on Close Account. This brings you to a step by step closure page. In my case, I found the checklist very intuitive I was guided through each step, from reviewing my balances to confirming my withdrawal method.
There are several valid reasons why you might decide to close your Interactive Brokers account:
If you manage more than one account (e.g., an individual account and a joint or IRA account), you must close each client account individually. When I closed my primary account, I was prompted to first shut down an old IRA account I had forgotten about. The system didn’t allow full closure until all were addressed.
For USD denominated accounts, the remaining balance is usually returned via ACH transfer to the bank on file. During my closure, I had two bank instructions saved and was asked to choose which one to use. If no bank account is set, a cheque will be mailed to your U.S. mailing address.
For non USD accounts, withdrawals are sent via wire transfer using the linked banking information. I once closed a EUR account and received the funds via wire to my European bank ACH wasn’t an option in that case.
Before closing your account, make sure to complete these essential steps:
Accounts with open positions cannot be closed. I had a few lingering ETF holdings and had to liquidate them before the system would allow me to proceed. You can also choose to transfer your positions to another broker.
Make sure to convert any non base currency holdings. I had some leftover GBP in my account and had to manually convert it to USD. Don’t forget to check for pending dividends or interest payments these can delay the closure if they arrive after you initiate the process.
Before finalizing, cancel any market data or research subscriptions. I learned this the hard way Interactive Brokers continued charging my card for one extra month because I forgot to unsubscribe.
Confirm your mailing address is accurate. When I closed an account for a relative, the residual cheque was mailed to an old address, and it took weeks to resolve. Avoid that hassle by double checking this detail.
Closing your account does not erase all personal or financial data. Interactive Brokers is legally required to retain specific records. This came as a surprise to me when I inquired about full data deletion they informed me that certain documentation had to remain archived due to compliance regulations.
To begin the closure process or get help, visit the Interactive Brokers Account Closure & Support Page.
Closing your Interactive Brokers account does not automatically erase all personal and financial data. I discovered that they keep documents like trade confirmations and ID verifications due to legal requirements. These include AML rules, tax obligations, and auditing policies.
Interactive Brokers must retain certain records for several years. I was told this helps with regulatory audits and investigations if necessary. It ensures transparency and compliance with global financial laws.
Even after account closure, your data is protected using enterprise grade encryption and security protocols. I was reassured by their support team that my documents and financial history would remain secure and inaccessible to unauthorized parties.
If you're concerned about how your data is stored or want more control over it, review Interactive Brokers’ privacy policy or contact customer support. When I inquired, they explained which documents could potentially be anonymized and what could not be deleted due to regulation.
After going through the process of closing my Interactive Brokers account, I can confidently say it’s a platform best suited for advanced traders who need access to global markets and sophisticated tools. However, if your needs are simpler or you trade infrequently, the platform’s complexity and ongoing fees might outweigh its benefits.
Personally, I found the closure process straightforward, though not instant. The platform provided a helpful checklist, and I appreciated the transparency in guiding me through liquidating my positions, converting currencies, and confirming my withdrawal instructions. That said, I underestimated the importance of canceling market data subscriptions early, which led to an unexpected charge after I initiated the closure.
Customer support was responsive when I had questions, but it did take a few days to receive full confirmation that everything was finalized. I also learned the hard way that your data isn’t deleted after closure something to keep in mind if you’re privacy conscious.
Overall, Interactive Brokers is a powerful platform, but it’s not for everyone. If you’re considering closing your account, make sure you plan ahead, follow the checklist carefully, and understand that your data will be retained for legal reasons. For me, the decision to move on was about simplifying my financial life and choosing a broker that better matched my trading habits and interface preferences.
For detailed instructions or to start the closure process, you can visit the Interactive Brokers Account Closure & Support Page.
From my experience and research, closing an account with Interactive Brokers is a straightforward process but requires careful attention to detail. Ensuring that all positions are closed, currencies converted, and subscriptions cancelled is essential to avoid delays or complications. I also found it important to understand that account closure does not mean complete deletion of personal data, as regulatory requirements mandate record retention for several years.
Interactive Brokers remains a major player in the trading world, backed by strong regulatory oversight and advanced technological infrastructure. For anyone considering closing their account, being fully informed about the steps involved and the implications for data privacy will make the process smoother and give peace of mind.
We have conducted extensive research and analysis on over multiple data points on Interactive Brokers Close Account to present you with a comprehensive guide that can help you find the most suitable Interactive Brokers Close Account. Below we shortlist what we think are the best Interactive Brokers Alternative Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Interactive Brokers Close Account.
Selecting a reliable and reputable online Interactive Brokers Alternative Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Interactive Brokers Alternative Investment Platforms more confidently.
Selecting the right online Interactive Brokers Alternative Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Interactive Brokers Alternative Investment Platforms trading, it's essential to compare the different options available to you. Our Interactive Brokers Alternative Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Interactive Brokers Alternative Investment Platforms broker that best suits your needs and preferences for Interactive Brokers Alternative Investment Platforms. Our Interactive Brokers Alternative Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Interactive Brokers Alternative Investment Platforms.
Compare Interactive Brokers Alternative Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Interactive Brokers Alternative Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Interactive Brokers Alternative Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Interactive Brokers Alternative Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Interactive Brokers Alternative Investment Platforms that accept Interactive Brokers Alternative Investment Platforms clients.
Broker |
IC Markets
![]() |
Roboforex
![]() |
eToro
![]() |
XTB
![]() |
XM
![]() |
Pepperstone
![]() |
AvaTrade
![]() |
FP Markets
![]() |
EasyMarkets
![]() |
SpreadEx
![]() |
FXPro
![]() |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Interactive Brokers Alternative Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Interactive Brokers Alternative Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Interactive Brokers Alternative Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.