Why we like itInteractive Brokers’ IBKR Lite is a strong option for frequent traders: The broker offers international trade capabilities, no stock-trading commission and a quality trading platform.
Pros
- Large investment selection.
- Strong research and tools.
- Over 4,300 no-transaction-fee mutual funds.
- NerdWallet users who sign up for IBKR Pro get a 0.25 percentage point discount on margin rates.
Cons
- Website is difficult to navigate.
- Inactivity fees on IBKR Pro