Is Interactive Brokers a Scam? Regulation Check 2026
We checked Interactive Brokers's licence in the official FINRA register. Here is what the public records say.
Verdict
Interactive Brokers is NOT a scam. It holds FINRA licence 0258597, authorising it to offer trading services in Canada.
How to verify on the official register
| Regulator | FINRA FINRA |
| Licence Number | 0258597 |
| Regulated Entity | Interactive Brokers LLC |
| Founded | 1978 |
| Listed | NASDAQ:IBKR — publicly audited |
What FINRA regulation means
FINRA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FINRA directly.
What FINRA regulation means for your money
- Client funds held in segregated bank accounts, separate from Interactive Brokers's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FINRA if Interactive Brokers fails to resolve your issue
- Interactive Brokers submits to regular independent financial audits under FINRA oversight
Frequently Asked Questions
Is Interactive Brokers a scam or legitimate?
Interactive Brokers is NOT a scam. It holds FINRA licence number 0258597. FINRA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FINRA official register.
How do I check Interactive Brokers's FINRA licence?
Go to the official FINRA website and use the public register search. Search for licence number 0258597 or the entity name. The record will confirm Interactive Brokers's authorisation status and the scope of its permissions.
Are my funds safe with Interactive Brokers?
As an FINRA-regulated broker, Interactive Brokers must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Interactive Brokers encounters financial difficulties.
What protection do I have as a Interactive Brokers client in Canada?
In Canada, Interactive Brokers operates under FINRA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FINRA.
Reader Comments
Loading comments...