Brokerages

Interactive-Broker (Clone)

1.6 (14 reviews)
🇧🇪 Belgium
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1.6
14 reviews
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About Interactive-Broker (Clone)

Interactive-Broker (Clone) has been flagged by Financial Services and Markets Authority for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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C
Charles R.
2 weeks ago

For anyone considering Interactive-Broker (Clone), please be aware that this company has been flagged by Financial Services and Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Flagged by international regulators|Due diligence required

They upsell insurance you do not need

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James M.
3 weeks ago

I signed up with Interactive-Broker (Clone) through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Demo account available|Multi-device support

Cons: No phone support on weekends

Something doesn't add up here

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Charles D.
1 months ago

Several red flags with Interactive-Broker (Clone): (1) They promise unrealistically high returns, (2) They're not registered with Financial Services and Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

Beyond frustrated

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Sophia V.
1 months ago

I found Interactive-Broker (Clone) after reading several online reviews and the initial impression was positive. But since I opened my account last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Multi-device support|Reliable uptime

Cons: Search feature is basic

Total fraud - reported to authorities

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Nathan K.
3 months ago

I was contacted by Interactive-Broker (Clone) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

They took my patience and my money

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Elizabeth I.
4 months ago

My withdrawal request from Interactive-Broker (Clone) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Intuitive for beginners|Quick verification|Instant funding|Good mobile app

Cons: Wait times can be long during peak hours

Overnight fees excessive

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Richard C.
4 months ago

The so-called education at Interactive-Broker (Clone) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.

Pros: Multi-device support|Personal attention

Cons: Email notifications too frequent|Website design could be more modern

Trading execution is suspicious

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Oscar Y.
5 months ago

KYC with Interactive-Broker (Clone) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Fast support response|Dedicated account manager

Cons: No integrated tax optimization|No dark mode on mobile

Terrible customer service

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Samantha B.
9 months ago

I opened an account with Interactive-Broker (Clone) for about eight months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Competitive fees|Economic calendar|Helpful community forum|Segregated accounts

Cons: No crypto staking

Guaranteed profits - total lie

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Natalie D.
9 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Interactive-Broker (Clone) is disorganized and incompetent. I found them from a review site like this one and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Transparent fees|Fast support response

Cons: Charting tools need more indicators|No phone support on weekends