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 IBKR whitelabel, are they trustworthy?

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post Jun 25 2020, 04:30 PM

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From: Penang <-> Singapore


QUOTE(barronsama @ Jun 25 2020, 04:25 PM)
If you have small amount of money don't need to use IBKR, even with whitelabel each transaction fee is already 2 USD. In terms of trustworthiness, IBKR is not the largest online broker in the US for no reason. Honestly I trust IBKR more than the banking system of this country.
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Not to mention that their profit margin is around 60% and they owe nobody (zero debt).

https://investors.interactivebrokers.com/ir/main.php

 

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