GREENWICH, Conn.–(BUSINESS WIRE)–Interactive brokers (Nasdaq: IBKR), an automated global electronic broker, launched today IBKR Global Trader, a simple mobile trading app for investors to trade stocks from around the world. With a streamlined design, the app is easy to use for novice investors and powerful enough for experienced traders. Investors can open an account in minutes and start trading stocks on over 80 exchanges in North America, Europe and Asia. Investors trading with IBKR GlobalTrader benefit from the global expertise of Interactive Brokers serving more than 1.75 million accounts in more than 200 countries and territories.
Developed specifically for global investors, IBKR GlobalTrader allows investors to easily make deposits in up to 23 different currencies. These deposits are automatically converted at interbank rates into the currency needed to buy and sell stocks in markets and geographies. For investors looking for global diversification but unsure of what to invest in, the IBKR GlobalAnalyst scanner helps investors identify investment opportunities around the world. Investors can then use the IBKR GlobalTrader app to take advantage quickly.
“As growing numbers of people around the world are discovering the benefits of active participation in the financial markets, the need for a simple and easy-to-use stock trading app has never been greater,” said Steve Sanders, executive vice president of marketing and product development at Interactive Brokers. “The IBKR GlobalAnalyst tool helps beginners and advanced traders find investment opportunities, then they can use the simple IBKR GlobalTrader app to trade stocks around the world.”
Trading fees with IBKR GlobalTrader are transparent and low. For investors outside the US, commissions start at just $0.0035 per share and US residents receive no commission on US stocks. Commissions on Forex trades are 3 basis points (0.03%) times the value of the trade, with no hidden spreads or markups.
Additional tools and features available on the IBKR GlobalTrader app include:
Fractional Stocks: With fractional stocks, investors can invest in US stocks with as little as $1, regardless of the stock price.
Swap: Swap positions of the same dollar amount from one security to another. With one click, investors can buy the stocks they want and sell the ones they no longer want to own.
Crypto Trading: Trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) or Litecoin (LTC) through Paxos Trust Company and the IBKR GlobalTrader app. Cryptocurrency trading is available for clients of IB LLC.
Free Educational Resources: Investors can learn more about markets, trading and investing via IBKR Campus.
IBKR GlobalTrader is available for download from the Apple App Store and Google Play. Investors can sign up for a free, no-obligation trial.
For more information, please visit:
United States and countries served by IB LLC: https://globaltrader.interactivebrokers.com
Western Europe: https://globaltrader.interactivebrokers.ie
Central Europe: https://globaltrader.interactivebrokers.hu
Hong Kong: https://globaltrader.interactivebrokers.com.hk
Product eligibility and availability may vary by country of legal residence.
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and currencies around the clock in over 135 markets in many countries and currencies, from a single account IBKR integrated investment program to clients around the world. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a single, sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution pricing and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to obtain higher returns on investments. Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its February 26, 2021 review of Best Online Broker.