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I strongly disagree. Their reporting is convoluted, their interface terrible, their support is horrible. I've tried half a dozen brokerages over time, and IB i
by peterbraden 8y ago
I strongly disagree. Their reporting is convoluted, their interface terrible, their support is horrible.
I've tried half a dozen brokerages over time, and IB is by far the worst.
- tehlike 8y agoWhat's your favorite? I actually found their app pretty simple, but hat might be because i'm an engineer & tend to understand what i am seeing in IBKR app and web site. Reporting wise, they are the most capable - i needed to apply for a loan, and wanted to hide the list of all securities, i was able to create just that. Pretty flexible, and powerful.
- peterbraden 8y agoTry getting a list of transactions, or working out what you are paying with a margin account. Their reporting is inscrutable. On top of this, their recommended way of buying USD securities with a foreign base currency account is to short the forex in order to tie your margin to the exchange rate at purchase. I'm also an engineer, but I know a bad UI when I see one. Pretty much any other brokerage lets you see a clear historical list of transactions, balances and fees, without having to configure a complex report or jump through any hoops.