Interactive Brokers introduces mobile apps for stock and options trading with tools to help you By Benzinga

© Reuters. Interactive Brokers introduces mobile apps for stock and options trading with tools to help you

Global automated electronic brokerage Interactive Brokers Group, Inc. (NASDAQ: IBKR) recently launched the IBKR GlobalTrader and IMPACT trading apps for investors to trade stocks and options.

IBKR GlobalTrader is easy for novice investors and powerful enough for experienced stock traders, the company said. IMPACT is a specialized app for ESG-focused investors.

IBKR GlobalTrader and IMPACT include Options Wizard and Options Chain tools to help users understand how options work and how to trade them.

While the Options Wizard helps investors create their combo strategies, the Options Chain offers more independent investors a way to choose a single option or build a step-by-step strategy from a simplified view.

Also Read: 7 Best Options Trading Examples • 2022

Regarding the new initiative, Steve Sanders, Executive Vice President of Marketing and Product Development at Interactive Brokers, said, “We continue to develop tools that enable investors to make informed investment decisions that can enhance their trading strategies. trading”.

“The simplicity of the IBKR GlobalTrader and IMPACT apps along with the guidance of the options tools provide any investor with an easy way to learn and start trading options,” he added.

The IBKR GlobalTrader App includes a cryptocurrency trading tool (CRYPTO: BTC), (CRYPTO: BCH), (CRYPTO: ETH) or (CRYPTO: LTC) via Paxos Trust Company and the IBKR GlobalTrader App. Cryptocurrency trading is available for clients of IB LLC.

Interactive Brokers plans to add options trading in IBKR GlobalTrader and IMPACT in other entities soon.

Investors trading with IBKR GlobalTrader benefit from the global expertise of Interactive Brokers, serving more than 1.75 million accounts in more than 200 countries and territories.

Photo: Courtesy of

© 2022 Benzinga does not provide investment advice. All rights reserved.

Read to Benzinga

Read the original article on Benzinga

Casey J. Nelson