Interactive Brokers (IBKR) is a global electronic broker that specializes in executing and processing trades for individuals, institutions, and financial advisors. With over 1.2 million accounts and $330 billion in customer equity, IBKR is a leading player in the online brokerage industry.
Thrivent Financial for Lutherans increased its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Rating) by 127.1% in the fourth quarter. The institutional investor now owns 9,132 shares of the financial services provider's stock valued at $1,064,000 after acquiring an additional 5,118 shares during the period.
Interactive Brokers is lower-cost than many brokerage firms -- especially for margin trading. It also offers some rare features, such as the ability to trade on more than 120 markets worldwide, access to research from 100 providers, and the ability to lend and borrow securities.
Interactive Brokers attracts active traders with low per-share pricing, an advanced trading platform, a large selection of tradable assets, and powerful research tools. Its trading platform, Trader Workstation (TWS), offers advanced charting, real-time data, and customizable trading tools.
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Halfway through May and we see a drop in the number of executives recruited this week in the forex, crypto, and fintech industries. However, Interactive Brokers Group continues to attract investors with its low-cost investing options and global trading opportunities.
Interactive Brokers Group has an average rating of buy and price targets ranging from $94 to $138, according to analysts polled by Capital IQ. This suggests that IBKR is a solid investment option for those looking to invest in the online brokerage industry.
Interactive Brokers offers global trading opportunities, $0 commissions, and low-cost investing options for frequent and infrequent traders. Its low margin rates and high interest paid on idle cash balances make it an attractive option for investors looking to maximize their returns.
Interactive Brokers (IBKR), one of the biggest investment platforms for stocks and bonds, has seen a 27% rise in crypto holdings during the first quarter of 2021. This reflects the growing demand for cryptocurrencies among investors and the increasing acceptance of digital assets as a viable investment option.