Interactive Brokers Broker Overview
Interactive Brokers Hong Kong Limited is the Hong Kong operating company of the Interactive Brokers group and the entity a Hong Kong client contracts with. It is registered in Hong Kong under company number 0538097, holds Securities and Futures Commission licence ADI249, and works on a direct market access model, charging commission on every product rather than building a margin into the spread. Individual accounts carry no minimum deposit and no platform or account maintenance fee, and clients trade through the group's own software rather than a third party platform.
Interactive Brokers Regulation and License
The regulated entity is Interactive Brokers Hong Kong Limited, licensed by the Securities and Futures Commission of Hong Kong under number ADI249, effective from 1 April 2003 and covering Type 1 dealing in securities, Type 2 dealing in futures contracts and Type 3 leveraged foreign exchange trading. That licence was confirmed in the company's own name on the SFC register on 17 October 2026. The brand itself holds nothing: each company in the group is authorised separately by the authority in its own market, and none of those authorisations extends to the Hong Kong business.
Four sibling authorisations are also confirmed on their regulators' own records. Interactive Brokers (U.K.) Limited is authorised by the Financial Conduct Authority under firm reference number 208159. Interactive Brokers Australia Pty Ltd holds Australian Financial Services Licence 453554, shown as current by the Australian Securities and Investments Commission. Interactive Brokers Singapore Pte. Ltd. appears in the Monetary Authority of Singapore directory as a capital markets services licensee under CMS100917. Interactive Brokers LLC is an approved member of the National Futures Association and registered with the Commodity Futures Trading Commission under number 0258600. Interactive Brokers Canada Inc. is listed as an investment dealer by the Canadian Investment Regulatory Organization, which records membership of a self regulatory body rather than a licence and publishes no membership number.
The broker further states that three more group companies are authorised in their home markets: Interactive Brokers Ireland Limited under Central Bank of Ireland reference C423427, Interactive Brokers Securities Japan Inc. under Kanto Local Finance Bureau (Kinsho) No. 187, and Interactive Brokers India Pvt. Ltd. under Securities and Exchange Board of India registration INZ000217730.
Is Interactive Brokers Regulated?
Yes for a Hong Kong client, because the company that takes the account holds an in force SFC licence confirmed on the regulator's own register. A client who opens an account with a different group company is supervised by that company's regulator instead, so the rules and the recourse that apply follow the entity rather than the brand. The broker's own client agreement makes the same point, noting that different terms apply where a client has relationships with more than one company in the group, which is why confirming which company an account will sit with is the single most useful check before funding it.
Interactive Brokers Hong Kong Limited
Interactive Brokers Hong Kong Limited was formed in Hong Kong in February 1996 and is registered under company number 0538097, with its registered office at Suite 1512, Two Pacific Place, 88 Queensway, Admiralty. That registration was confirmed against the Hong Kong companies register and the GLEIF Global LEI Index on 17 October 2026. It is one of nine group companies named in this review, alongside Interactive Brokers LLC in the United States, Interactive Brokers (U.K.) Limited, Interactive Brokers Ireland Limited, Interactive Brokers Canada Inc., Interactive Brokers Australia Pty Ltd, Interactive Brokers India Pvt. Ltd., Interactive Brokers Securities Japan Inc. and Interactive Brokers Singapore Pte. Ltd. Each runs its own national website, and the Hong Kong site links a visitor to the company that serves their location.
Is Interactive Brokers Safe?
Interactive Brokers Hong Kong Limited sits at the regulated end of the market: a licence confirmed in its own name on the SFC register, a company registration confirmed on the Hong Kong register, continuous incorporation since 1996, and a group whose principal companies are separately authorised in their own jurisdictions. That is not a guarantee, and the client agreement carries terms a prospective client should read rather than assume. Positions can be liquidated without advance notice and a client cannot choose which assets go or in what order, a negative balance left after liquidation becomes a debt the client must repay together with the costs of recovering it, and securities in a margin account can be lent to third parties at up to 140 percent of the sum of the margin loan and any broker funded derivatives margin, with voting rights passing to the borrower while the shares are out. The Financial Conduct Authority register also carries several clone firm notices warning that unauthorised operators have copied the United Kingdom company's details, so the address a client actually visits matters.
Interactive Brokers Account Types
Accounts are organised by who is opening them rather than by trading conditions, and commission terms are common across them. Individual, Joint, Trust and Small Business accounts carry no minimum deposit. The professional range adds Family Advisor, Advisor, Money Manager, Family Office, Hedge Fund and Mutual Fund, Proprietary Trading Group, and Broker and FCM accounts. Advisor and money manager accounts can apply their own client markups on top of the broker's commission, and a Broker or FCM account commits to USD 10,000 in commissions over its first eight months and USD 2,000 a month after that, with any shortfall charged as a maintenance fee.
Interactive Brokers Spreads, Commissions and Fees
Pricing is commission based with no added spread, no account minimum and no platform fee, and clients choose a Fixed or a Tiered plan when the account is opened. On United States stocks and ETFs, Fixed is USD 0.005 per share with a USD 1.00 minimum per order and a cap of 1 percent of trade value, inclusive of exchange, clearing and regulatory fees. Tiered runs from USD 0.0035 down to USD 0.0005 per share as monthly volume rises, with a USD 0.35 minimum per order and those fees passed through instead. Elsewhere the published rates are USD 0.15 to USD 0.65 per options contract, USD 0.25 to USD 0.85 per futures contract, 0.08 to 0.20 basis points of trade value on spot currencies, 10 basis points of face value on bonds, and 3 percent of trade value capped at USD 14.95 on mutual funds, with no fee funds free.
Three charges sit outside that schedule. Where a per order fee applies it covers order cancellations and modifications as well as the order itself, and closing a position by telephone costs USD 30.00 per order. A monthly Margin Financing Charge accrues on overnight margin balances, priced off a rate the broker calculates itself rather than a published benchmark. The client agreement also permits a daily Exposure Fee on an account judged to be at high risk of going into deficit, set by a proprietary model and chargeable even when the account meets the margin requirements.
Interactive Brokers Trading Platforms
Interactive Brokers builds its own trading software rather than licensing a third party platform. Clients work through Trader Workstation on the desktop, IBKR Desktop, the browser based Client Portal, and the IBKR Mobile and IBKR GlobalTrader apps, and none of them carries a platform fee.
Interactive Brokers Deposits and Withdrawals
Funding is bank based, with no card channel published for Hong Kong clients. In Hong Kong dollars the instant local transfer options are eDDA and FPS, both free from the broker, available around the clock and credited within hours, and an ordinary bank transfer is usually tradable within a business day. In United States dollars the channels are a bank wire with no amount limit, a direct ACH transfer, a linked bank account, online bill pay and a mailed cheque, and a transfer from a Wise balance is available across currencies.
Two withdrawal requests per calendar month are free and the charge applies from the third of any kind: HKD 95 on a Hong Kong dollar bank transfer, USD 10 on a United States dollar wire and USD 1 on a local electronic transfer, with other currencies priced separately. Those fees do not cover charges raised by a beneficiary or correspondent bank. The group client agreement separately allows client money to be held in a client bank account carrying up to 95 days' notice for withdrawals, so funds may not always be available on demand, and fractional shares cannot be moved to another broker and have to be sold instead.
Interactive Brokers Support
Hong Kong clients reach the desk on +852 3107 8333, with live chat on the site and support in English, Cantonese, Mandarin and written Chinese. Cover runs from Sunday 1:00 PM to Friday 7:30 PM United States Eastern time, with no Saturday service and limited hours on Sunday.
Interactive Brokers Pros and Cons
- A Hong Kong licence confirmed on the SFC register and held by the company that actually takes the account.
- A company registration confirmed on the Hong Kong register, and four sibling companies confirmed on their own regulators' records.
- No minimum deposit on the retail account forms, and no platform or account maintenance fee.
- Commission based pricing with no spread markup, and direct market access execution.
- Funding is bank based only, with no card channel published for Hong Kong clients.
- Only two free withdrawals per calendar month before per transfer fees apply, and client money may sit behind up to 95 days' notice.
- Charges priced by the broker's own models, including the Exposure Fee and the Margin Financing Charge.
- The licence, the client money rules and the complaint route change with the group company holding the account.
Interactive Brokers Review and Assessment
Interactive Brokers Hong Kong Limited is a long established, SFC licensed broker whose proposition is cost and market breadth rather than promotions or high leverage: commission only pricing, no minimum deposit on a personal account, direct market access and the group's own platforms. The practical caveats are structural rather than commercial. Because the group operates a separately licensed company per market, the protections attached to an account depend on which of them it is opened with, and the client agreement gives the broker wide discretion over liquidation, stock lending and model priced charges. That paperwork, rather than the pricing, is the part worth reading before any money moves.
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