IB TWS is exceptionaly good / One of class of the fastest, multy assets and reliable platforms / All type of accounts
Use Cases and Deployment Scope
We are a subsidiary of the family office established 15 years ago and managing VC projects and investing in US equity listed on exchanges and equity options. We develop custom internal applications to allocate office assets eligible for investment and rebalance the portfolio every week. The Interactive Brokers makes our way sustainable because IB Trader Workstation is a reliable instrument for investment allocation suitable not only for retail but also for institutional quality or trading group capabilities. It is a lightweight and speedy tool, stable even for mobile version. It is easy to make downloads of data for internal reporting.
Pros
- Large financial instruments are available for trading - options, forex, derivatives, USTs
- All main international exchanges are available to allocate
- Fast and stable user interface
- Fast connectivity
- Python and Java API
- Applications from Vendors
- Data feed on demand could be added
- Fast funds transfers and account set up
- Supported all types of account: retail, trading group, retirenment, institutional
- Fast quotes update without viable delay even for retail
Cons
- Simplification of design (classic multy window to plain colorful palette Z-focused)
- Choise of routes for order flow with clear comission cost
- International bonds inclusion
- Consider offering of CDS derivatives for ICE products
- ESG selection - CO2 allowances instruments
- Crypto wallets as a cource of margin connectivity are interesting for hybryd account
- Sponsorship for FINRA licenses for non-institutional customers
Likelihood to Recommend
Interactive Brokers is appropriate for retail equity investing and pension accounts holding - totally appropriate. Institutional accounts and proprietary trading group accounts - appropriate for those managing risks themselves because there is no automatic or supervised control and you trade at your own discretion.
Not appropriate - is you look for crypto trading with instruments not accepted by regulator authorities as featured instruments with acceptable risk, to make sustainable and regulated investments with the main aim to preserve capital. All not regulated instruments are not appropriate and it is good and professional.
