Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) was awarded top honors in Barron’s 18 th annual ranking of Best Online Brokers, rated number one for the second year in a row.
Also ranked highly in this year’s review was introducing broker, Place Trade. Ranked as the number three online broker by Barron’s, Place Trade licenses Interactive Brokers trading, execution and clearing technology, while providing its own full-broker services for its clients. As a provider of fully disclosed and non-disclosed broker accounts, Interactive Brokers provides correspondent clearing services to 200 introducing brokers worldwide.
In the 2013 review, Barron’s compared 24 online brokers, evaluating participants from the viewpoint of the wealthy, active trader across eight categories of service including Trading Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis and Reports, Customer Service and Education, and Costs.
Interactive Brokers (IB) ranked above all of the competition for a second consecutive year, providing “superb trading technology, improved portfolio analysis, and enhanced educational offerings,” according to Barron’s.In addition to taking the number one spot overall this year IB received top marks in a number of sub-categories, named “Best for Frequent Traders”, “Best for International Traders” and “Best for Options Traders” by Barron’s. Thomas Peterffy, chairman, founder and CEO of Interactive Brokers Group, is pleased with the results of this year’s Barron’s review, “Our mission is unchanged” said Peterffy, “IB is committed to providing cutting-edge trading technology, superior execution quality, breadth of product offering and access to global markets at the lowest possible cost.” For more information about IB’s award-winning trading platform, please visit www.interactivebrokers.com. About Interactive Brokers Group, Inc.: Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools at exceptionally low costs. The brokerage trading platform utilizes the same innovative technology as the Company's market making business, which specializes in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds on more than 100 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal Account. Employing proprietary software on a global communications network, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.