GREENWICH, Conn., May 19,2020 - Interactive Brokers Group, Inc. (Nasdaq: IBKR) today announced the launch of its new Mutual Fund Marketplace, which offers availability to more than 25,000 mutual funds worldwide, including over 21,000 no load and 8,300 no transaction fee funds, from more than 290 fund families. The marketplace, which can be visited at ibkr.com/funds, is available to residents in over 200 countries and territories.
"The Interactive Brokers Mutual Fund Marketplace is now the largest, single source of no-load mutual funds," said Steve Sanders, EVP of marketing and product development. "Our marketplace also has lower costs, if not the lowest, on our massive inventory of mutual funds."
US clients have access to over 10,000 no load and load-waived funds and more than 4,300 no transaction fee funds with thousands more funds available for $14.95 per trade.
Sanders also noted that, unlike many competitors, Interactive Brokers never charges a custody fee. Moreover, Interactive Brokers’ Mutual Funds Marketplace includes products exclusively from outside companies.
"Instead of pushing proprietary funds like Fidelity, Vanguard, Schwab and others do, Interactive Brokers is product neutral, ”Sanders said. “We have a fantastic variety of fund families available in our agnostic marketplace."
To facilitate searching the massive marketplace, this week Interactive Brokers also introduced a Mutual Fund Search Tool to let clients and non-clients search products and sort by their country of residence, commission charged, fund type and fund family. In addition to mutual funds, Interactive Brokers clients can invest in stocks, options, futures, forex, bonds, and ETFs in 135 markets in 31 countries from a single integrated account.
“Interactive Brokers has always focused on providing advanced technology, superior pricing and breadth of product worldwide. We have now built the largest no-load mutual funds marketplace to help investors enjoy increased access to global markets and greater diversification,” Sanders said.
Residents of Australia, Hong Kong, Israel, Japan, and Singapore will not have immediate access to the marketplace but should check back for availability. Access is not available to residents of sanctioned countries or territories.
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on over 135 markets in numerous countries and currencies, from a single IBKR Integrated Investment Account to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its February 24, 2020, Best Online Broker Review.
For Interactive Brokers Group, Inc.
Investors: Nancy Stuebe, 203-618-4070 Media: Kalen Holliday, 203-618-4069 or media@ibkr.com
* Number of no load and no fee fund offerings were obtained from the Investopedia – Best Online Brokers 2020 review from March 31, 2020. Services vary by firms.
Some firms listed in the review may have additional fees or reduced commissions or fees, depending on account activity or value. Additionalsupporting documentationfor claims and statistical information will be provided upon request.
Der Online-Handel mit Aktien, Optionen, Futures, Währungen, ausländischen Papieren und festverzinslichen Produkten kann mit dem Risiko von erheblichen Verlusten einhergehen. Der Handel mit Optionen ist nicht für alle Anleger/-innen geeignet. Weitere Informationen können Sie dem Dokument „Characteristics and Risks of Standardized Options“ (Besonderheiten und Risiken standardisierter Optionen) entnehmen.
Bitte beachten Sie, dass Ihre Einlagen Risikokapital darstellen und Ihre Verluste den Wert Ihrer ursprünglichen Investition übersteigen können.
Interactive Brokers (U.K.) Limited ist von der Financial Conduct Authority zugelassen und wird von dieser reguliert. FCA-Referenznummer: 208159.
Kryptoanlagen werden in Großbritannien nicht reguliert. Interactive Brokers (U.K) Limited (IBUK) ist bei der Financial Conduct Authority unter den „Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017“ als Firma für Kryptoanlagen registriert.
Interactive Brokers LLC wird von der US SEC und der CFTC reguliert und ist Mitglied des SIPC-Entschädigungsprogramms (www.sipc.org).
Das UK-FSCS-System kommt nur unter bestimmten Bedingungen zur Anwendung.
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