Interactive Brokers recently released IBKR GlobalTrader to offer traders the chance to invest in global stocks with the newest and easy-to-use technology.
Interactive Brokers has just launched IBKR GlobalTrader, a stock trading application designed for both novice clients and professional traders. IBKR GlobalTrader allows clients to deposit in 23 different currencies, which are automatically converted at interbank rates to buy and sell shares across markets and regions.
Wide Varieties of Features
Steve Sanders, EVP of Marketing and Product Development of Interactive Brokers, said that as the number of people actively participating in the financial markets increases, the need for simple and easy stock trading applications also increases. In addition to the IBKR GlobalTrader to facilitate global stock trading, tools such as the IBKR GlobalAnalyst in it are able to help beginners and experienced traders find investment opportunities.
Not to mention, the transparency and low trading fees of IBKR GlobalTrader is one of its advantages. For clients outside the US, commissions start at USD 0.0035 per share only, while US residents can enjoy zero commission on US shares. The commission on Forex transactions is 3bps (0.03%) times the trade value, with no hidden spreads or markups.
Not only those mentioned above but there are also many additional features in the IBKR GlobalTrader application that are no less interesting, including:
- Fractional Shares
- Swap
- Crypto Trading
- Free Educational Resources
This latest application is one of the steps taken by Interactive Brokers to meet the needs and demands of traders.