Interactive Brokers Review 2026
Full Interactive Brokers review for India traders — regulation, spreads, fees and our honest verdict.
Regulation in India
| Regulator | SEBI — SEBI |
| Licence Number | INZ000217730 |
| Regulated Entity | Interactive Brokers (India) Pvt Ltd |
| Max Leverage (Forex) | 1:5 |
| Minimum Deposit | $0 |
| EUR/USD Spread | From 0.2 pips |
| Instruments | 150,000+ |
| Platforms | Trader Workstation, Client Portal, IBKR Mobile |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | No inactivity fee |
Verdict
Regulated by SEBI (licence INZ000217730). Minimum deposit $0. In India: maximum forex leverage 1:5.
About Interactive Brokers
Interactive Brokers was founded in 1978 and is headquartered in Greenwich, CT, USA. The broker offers 150,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. Interactive Brokers is publicly listed on the NASDAQ:IBKR. It is regulated across multiple jurisdictions with a primary licence held by Interactive Brokers (India) Pvt Ltd under SEBI.
In India, Interactive Brokers operates as Interactive Brokers (India) Pvt Ltd, authorised by SEBI under licence number INZ000217730. India traders are subject to a maximum leverage of 1:5 on forex pairs under SEBI rules.
Trading Platforms
Pros
- SEBI regulated — licence INZ000217730
- 150,000+ instruments to trade
- Negative balance protection in India
- Platforms: Trader Workstation, Client Portal, IBKR Mobile
- Real stock ownership (not CFD)
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
Frequently Asked Questions
Is Interactive Brokers regulated?
Interactive Brokers holds SEBI licence INZ000217730, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official SEBI public register.
What is the minimum deposit for Interactive Brokers in India?
The minimum deposit is $0. This is the amount required to open a live trading account for traders in India under SEBI regulation.
What leverage does Interactive Brokers offer in India?
In India, Interactive Brokers offers maximum forex leverage of 1:5 under SEBI rules. Higher leverage may be available through offshore-regulated entities.
Is Interactive Brokers safe to trade with?
Interactive Brokers is regulated by SEBI, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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