Hybrid

Interactive Brokers

US-headquartered brokerage offering institutional-grade access to global markets. Publicly listed with extensive regulatory reporting requirements.

www.interactivebrokers.comGreenwich, CT, USAEst. 1978
Public MetricsExecution PolicyRegulatedRouting Disclosed

BTI Score

63

Good Transparency

Last reviewed: February 10, 2026

Transparency Summary

Interactive Brokers stands out among traditional brokers for publishing order routing reports (SEC Rule 606), execution quality statistics, and detailed regulatory filings. As a publicly listed company, additional financial data is available through SEC filings.

BTI Score Breakdown
Execution Policy14/20
Public Metrics10/20
Order Routing12/20
Trading Infrastructure11/15
Support Transparency4/10
Regulatory Disclosure12/15

User Reviews

4.3 avg (3 reviews)
Leave a Review
Feb 13, 2026

Best transparency among traditional brokers

Richard S.

TWS · FX

IBKR publishes SEC Rule 606 reports, execution quality stats, and detailed order routing information. TWS is complex but powerful. For traders who care about verifiable execution data, this is the gold standard among established brokers.

transparencyexecutionrouting
11 0
Feb 3, 2026

Powerful but not user-friendly

Linda W.

Client Portal · Equities

IBKR's transparency is among the best in the industry. But TWS has a steep learning curve and their customer support is notoriously slow. If you value execution transparency over hand-holding, this is your broker.

transparencycomplexitysupport
7 1
Jan 25, 2026

Professional-grade, professional complexity

Nathan Y.

TWS · FX

IBKR treats you like an institutional client. Rule 606 reports, execution stats, order routing details -- it's all there. Downside: the platform and account management are unnecessarily complex. Support is slow.

institutionaltransparencycomplexity
5 0
Regulation
  • SEC/FINRA (USA)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • IIROC (Canada)
Platforms
TWSIBKR MobileClient Portal
Review Details

Last reviewed: February 10, 2026

Reviewed by: BTI Research Team

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BTI scores reflect transparency of public disclosures as of the last review date and do not constitute an endorsement, recommendation, or guarantee of any broker's services. Trading forex and CFDs carries significant risk. Past disclosure practices do not guarantee future transparency.