Interactive Brokers expands its European exchange offering
Interactive Brokers Announces Expansion of Its European Exchange Business。It now supports the Nasdaq Copenhagen and Prague stock exchanges, enabling traders to diversify investment opportunities.。
Interactive Brokers Announces Expansion of Its European Exchange Business。It now supports the Nasdaq Copenhagen and Prague stock exchanges, enabling traders to diversify investment opportunities.。With this move, the global automated e-broker has strengthened its services in all operating regions.。A number of Nasdaq-related products are available on the platform for zero-share trading。
It is estimated that customers from more than 200 countries will benefit from this update.。
Interactive Brokers CEO Milan Galik said global traders can now include Danish and Czech stocks in their portfolios to take advantage of the opportunity at the lowest cost.。The addition of two new exchanges to the platform further reinforces the commitment to provide a variety of amenities, Milan added.。
Founded in 1977, Interactive Brokers is a member of the UK Forex Brokers list, alongside the likes of VT Markets, CMC Markets and City Index.。This means that residents living in the UK can use its services and products.。Customers in the area only need to deposit at least £100 to start trading。
Commissions and transaction costs range from 0 of the transaction value.015% to 0.05%。Interactive Brokers offers products such as options, stocks and futures.。
Steve Sanders, executive vice president of marketing and product development at Interactive Brokers, referred to the zero-share deal, saying that since its launch, the product has been very popular with its customer base.。Steve added that the product allowed them to diversify their portfolios and invest in more stocks.。
Interactive Brokers' growing number of customer accounts shows good performance。According to a recent report, Interactive Brokers customer accounts grew 2% to 2.26 million。This figure applies to May 2023, June figures are expected to be released next month。Average daily transactions (DARTs) grew by single digits to 1.86 million, an increase of 5%。
This growth is attributed to Interactive Brokers' expanding business scope, which is also in line with its commitment to increase the way traders' funds are invested.。
The company is headquartered in Greenwich, London and supports multiple currencies, including but not limited to the Australian dollar, the US dollar and the Czech koruna.。The full list of currencies can be viewed in our Interactive Brokers platform review。In addition, the review helps to understand how new users sign up for an online brokerage firm。
Now, Interactive Brokers has backed the Nasdaq Copenhagen and Prague stock exchanges。Traders can easily start diversifying their portfolios。
At the same time, they can also view the comprehensive dashboard and transaction functions, while taking advantage of the free version of the inspection tool。Note that Interactive Brokers charges fees for inactive accounts, including interest and data fees, which can only be waived if the account balance is fairly high。
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