Broker profile

Interactive Brokers · Global · Nasdaq: IBKR

Interactive Brokers, read next to every other account.

What Interactive Brokers is, what its own AI tools do, what it costs, and how Walnut reads your IBKR accounts next to your other brokers. Orders stay at IBKR, where you place them yourself.

  • Reads every IBKR account
  • Each holding vs S&P 500
  • Login stays at IBKR

Your IBKR, in Walnut

Connected
IndividualView only
$42,600.00
Roth IRAView only
$15,300.00
JointView only
$8,250.00

Where am I concentrated across IBKR and Fidelity?

Two names, MSFT and ASML, are 38% of the combined total. ASML sits only at IBKR, so a Fidelity-only view would miss most of it.

Your orders stay at IBKR
Sample account, for illustration

Pricing and fees, checked October 2026

How much does Interactive Brokers cost?

US stocks and ETFs on IBKR Lite
$0
A share on IBKR Pro Fixed, $1 minimum
$0.005
Account minimum
$0
Smallest fractional buy
$1
Markets in 40 countries
175
SIPC protection, $250K of it for cash
$500K

AI features

What Interactive Brokers's own AI does

Interactive Brokers ships its own AI tools at no extra cost. Each one works on IBKR accounts only.

Open to MCP July 2026

AI Integration

Connects ChatGPT, Claude, Grok, Perplexity and other MCP tools to your IBKR account. The AI drafts trade instructions; you submit every order.

Launched October 2025

Ask IBKR

Plain-English questions about your IBKR portfolio: performance against benchmarks, allocations, dividends, cash flows and fees.

Launched December 2024

AI News Summaries

AI-written summaries of the news, filtered to the markets, sectors and securities you hold, with important articles flagged.

Where Walnut fits

IBKR's tools see IBKR. Walnut reads it next to Fidelity, Robinhood or any other broker you connect, puts every holding against the S&P 500, and lets you ask about the whole portfolio in one place.

See how it reads

Pricing

What Interactive Brokers costs

IBKR LitePro FixedPro Tiered
US stock and ETF trades$0$0.005 a share$0.0035 a share or less
Minimum per order$0$1.00$0.35
Maximum per order$01% of trade value1% of trade value
Who can open itUS residentsAll clientsAll clients
Account minimum$0$0$0
IBKR AI toolsIncludedIncludedIncluded

IBKR's published US prices, checked October 2026, before third-party fees. Walnut charges nothing extra to connect IBKR.

With Walnut

What you can do with Interactive Brokers here

  • Read every IBKR account you linkIndividual, joint and IRA, with live prices
  • Each holding against the S&P 500Price return over the year, not gain against cost
  • A keep, trim or exit readFrom return, momentum and position size
  • IBKR next to your other brokersAsk about all of it in Walnut, Claude or ChatGPT
  • Place orders from WalnutNot at IBKR. Orders are placed at IBKR
The Interactive Brokers guideBy the Walnut team · Updated October 2026 · 6 min read

Everything else people ask about Interactive Brokers, answered plainly.

Is Interactive Brokers good for beginners?

Short answer

It can be. IBKR Lite charges $0 commission on US stocks and ETFs for US residents, there is no account minimum, and fractional shares start at $1. The platforms were built for active traders, so there is more to learn than at Robinhood or Public.

The range is the draw and the hurdle: 175 markets in 40 countries, with stocks, options, futures, bonds and currencies in one account. Someone who only buys US funds uses a small slice of it, and IBKR GlobalTrader is the simpler mobile app for that.

What no single broker app shows well is the whole picture when IBKR is one account among several. A portfolio-wide read fills that gap: which positions overlap, what the total leans on, and how each holding has done against the S&P 500.

Read the full guide: The full Interactive Brokers review

Is Interactive Brokers safe?

Short answer

Interactive Brokers LLC is a member of NYSE, FINRA and SIPC. Client securities accounts are protected by SIPC up to $500,000, including a $250,000 limit for cash, if the firm fails. SIPC does not cover market losses.

Connecting IBKR to Walnut uses a secure connection where you sign in at Interactive Brokers. Walnut never sees or stores your IBKR password, reads your holdings without placing orders, and you can disconnect from Walnut's Brokerage screen at any time.

$500K

SIPC protection per customer

$250K

Of that, the limit for cash

FINRA

Member, along with NYSE and SIPC

Read the full guide: What SIPC insurance covers, and what it does not

Can Interactive Brokers connect to ChatGPT or Claude?

Short answer

Yes. IBKR's AI Integration connects ChatGPT, Claude, Grok, Perplexity and any tool that supports MCP to your IBKR account. The AI drafts trade instructions, and you review and submit each order in an IBKR platform. It covers IBKR accounts only.

Claude came first, in June 2026, then ChatGPT and Grok on June 22, and any MCP tool from July 28. IBKR says the integration is not available in India or Japan, and instructions never become orders on their own.

Walnut connects the same assistants to IBKR next to your other brokers. It reads the account through a secure connection, frames each holding against the S&P 500, and places no orders at IBKR.

Read the full guide: How to connect Interactive Brokers to an AI assistant

Interactive Brokers vs Robinhood vs Public

Interactive BrokersRobinhoodPublic
US stock and ETF trades$0 on Lite$0$0
Fractional sharesFrom $1From $1From $5
IRA accountsYesYesYes
Read in WalnutYesYesYes
Buy through WalnutView onlyAgentic accountYes

Walnut suggests Public or Robinhood when you want to buy through it, and eight other brokers including E*Trade, tastytrade and Webull also take orders you approve. Interactive Brokers reads in full and stays view-only.

Read the full guide: Interactive Brokers pricing against the alternatives

Quick answers

Does Interactive Brokers charge fees?
IBKR Lite trades US stocks and ETFs for $0. IBKR Pro charges $0.005 a share on Fixed, or $0.0035 or less on Tiered, with a per-order minimum.
What is the difference between IBKR Lite and Pro?
Lite has $0 commission on US-listed stocks and ETFs and is open to US residents only. Pro charges per share and is open to all IBKR clients.
Is there an account minimum at IBKR?
No. Interactive Brokers lists no account minimum, and fractional shares in more than 10,500 US stocks and ETFs start at $1.
Can Walnut place trades at Interactive Brokers?
No. Walnut reads IBKR in full and places nothing there. Buying through Walnut works at Public and in a Robinhood Agentic account, and at eight other brokers including E*Trade, tastytrade and Webull.
Does Walnut see my IBKR password?
No. You sign in at Interactive Brokers, which gives Walnut read access to your accounts and never your login.
Is connecting IBKR to Walnut free?
Yes. Connecting is free, and so is the assistant up to a per-session allowance. Walnut Unlimited, $9.99 a month on the web, lifts that limit.

Everything we have written about Interactive Brokers

Keep reading

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