Interactive Brokers Interactive Brokers



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Year of Incorporation 1977
Website http://www.interactivebrokers.co.in
Phone +91 22 - 61289888/61289836
Exchanges enabled NSE (plus over 100 market centers across 24 countries).
Demat (NSDL/CDSL) NSDL
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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Profit after Tax FY11/12 Rs 104.1 Crores
Profit after Tax FY12/13 Rs 63.01 Crores
Profit after Tax FY13/14
Profit after Tax FY 14/15 Rs 126.8 Crores
Profit after Tax FY 15/16 Rs 91.9 Crores
Debt FY11/12 Nil
Debt FY12/13 Nil
Debt FY13/14
Debt FY14/15 13.4 Lakhs
Debt FY15/16 0
Profit to Equity(%) FY11/12 14.94
Profit to Equity(%) FY12/13 7.29
Profit to Equity(%) FY13/14
Profit to Equity(%) FY14/15 13
Profit to Equity(%) FY15/16 8.3
Balance Sheet Size FY11/12 Rs 908 Crores
Balance Sheet Size FY12/13 Rs 977 Crores
Balance Sheet Size FY13/14
Balance Sheet Size FY14/15 Rs 1171.7 Crores
Balance Sheet Size FY15/16 Rs 1288.6 Crores
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Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 NA
Active clients - 2014 360
Active clients - 2015 367
Active clients - 2016 NA
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Equity <10 Lac Order Value - 0.01% or Rs. 20 (whichever is lower, min. Rs. 6 per Order) >10 Lac Order Value - 0.02% (min. Rs. 6 per Order)
Equity Futures <100 Lots - 0.01% or Rs. 20 (whichever is lower, min. Rs. 6 per Order) >100 Lots - Rs. 5
Equity Options <100 Lots - 0.01% or Rs. 20 (whichever is lower, min. Rs. 6 per Order) >100 Lots - Rs. 5
Currency Futures <100 Lots - 0.01% or Rs. 20 (whichever is lower, min. Rs. 6 per Order) >100 Lots - Rs. 5
Currency Options NA
Commodity NA
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Account Opening Costs

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Trading only NA
Trading & Demat Monthly minimum activity fees have been reduced from approx INR ~325 (=5 USD) to INR 200. As before, this fee is offset by actual commissions generated in the month.
Commodity NA
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Transparency & other costs

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Equity 0.00325%
Futures 0.0019 %
Options 0.05%
Commodities not available
AMC charge NIL
DP Transaction Charge NIL
Offline order placing Charge Rs 2000/order
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Software
Web/HTML 5
Mobile
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Charting

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Intraday 22 Days
End of Day 1 Year
Coding/Backtesting
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Reporting

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Online Trade Reports
Online PNL Reports
Online Contract Notes
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Margins

Leverage Provided

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Equity 2 times intraday and overnight leverage
Equity Futures Upto 2 times for Intraday
Equity Options Buying 0 & Shorting upto 2 times for Intraday
Currency Futures Upto 2 times for Intraday
Currency Options Buying 0 & Shorting upto 2 times for Intraday
Commodity NA
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Support & Tools

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Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
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Convenience

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Interactive Brokers

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NEWS ON INTERACTIVE BROKERS

Best buying stocks for today's market share: Interactive Brokers Group, Inc. (IBKR) - The News Journal

16 December 2017

Based on the aggregate value of the company over its current share price and the total amount of outstanding stocks, the market cap of Interactive Brokers Group, Inc. (IBKR) is presently reeling at 24.59B. Acting as the blue chip in today's trade ...and more »

The day bitcoin futures dropped was when many traders could begin ... - CNBC

15 December 2017

Cboe's bitcoin futures suffer worst trading day the same day Interactive Brokers allows traders to short, or bet against, the futures.

Online broker review: Interactive Brokers - MoneyRates.com

14 December 2017

Though it may not advertise as heavily as some of the household names in the online brokerage business, Interactive Brokers is an international trading firm with roots going back 40 years. Today, the firm and its affiliates conduct almost a million ...

ASIC issues infringement notice to Interactive Brokers over client's ... - FinanceFeeds (blog)

14 December 2017

Electronic trading firm Interactive Brokers LLC has paid a penalty of $250,000 in order to comply with an infringement notice given to it by the Australian Securities and Investments Commission (ASIC). Interactive Brokers operated an Automated Order ...

Interactive Brokers says it will now accept bets that bitcoin will tumble - MarketWatch

13 December 2017

A major online broker, Interactive Brokers Group Inc., says it will allow investors to bet against, or short, bitcoin, on its trading platform, shifting an earlier stance to only provide trading access to customers to bitcoin futures making outright ...