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Review 2026: Interactive Brokers Regulation, Complaints, and Platform Access

WikiFX | 2026-06-24 13:00

Abstract:Interactive Brokers shows a relatively strong safety profile on WikiFX, with a score of 8.04, AAA influence rating, and multiple active regulators including the FCA, NFA, SFC, FSA, ASIC, and CIRO. The risk level is not low, however, because the record also shows revoked regulatory statuses, four regulator disclosure items, and recent user complaints involving withdrawal and account-access disputes.

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Executive Summary (TL;DR): Interactive Brokers has a high WikiFX Score of 8.04 and is shown as regulated by several major financial authorities, which is a stronger starting point than many weakly supervised Forex and CFD brokers. Still, this review should not ignore the risk signals: WikiFX records revoked regulatory statuses, regulator sanctions, and 12 complaints received in the past three months.

Before you find a broker and deposit funds, you want two things: evidence of real oversight and a clear view of what can still go wrong. In this review, Interactive Brokers looks well-established, founded in 2002 and headquartered in Hong Kong, with an influence rank of AAA and a reported average influence index of 9.07. The WikiFX Score is 8.04, which is a live data point rather than a permanent guarantee of safety.

The available data points to a broker with serious institutional scale, but also a record that deserves careful reading. If you trade Forex, CFDs, futures, or other leveraged products, the issue is not only whether a company is famous. It is whether your specific account entity, website, platform access, and withdrawal process are protected under the correct regulation.

Regulation and Safety

Interactive Brokers is listed with multiple regulators across major jurisdictions. The active regulation status includes the UK Financial Conduct Authority under Interactive Brokers (U.K.) Limited, license number 208159; the US National Futures Association under Interactive Brokers LLC, license number 0258600; the Hong Kong Securities and Futures Commission under Interactive Brokers Hong Kong Limited, license number ADI249; the Japan Financial Services Agency under Interactive Brokers Securities Japan Inc.; the Australian Securities and Investments Commission under Interactive Brokers Australia Pty Ltd, license number 453554; and the Canadian Investment Regulatory Organization under Interactive Brokers Canada Inc.

That is a meaningful regulation profile. FCA, NFA, SFC, FSA, ASIC, and CIRO oversight usually means a broker must meet stricter standards on conduct, reporting, supervision, and client protection than an offshore or unregulated firm. For you, the practical point is to check which legal entity is opening your account, because protection can differ by country and entity.

There is another side to the regulation status. WikiFX also lists revoked statuses: one ASIC record for Interactive Brokers LLC with license number 000245574, and one Hong Kong SFC record for Interactive Brokers LLC with license number AEX264. A revoked status does not automatically mean the whole group is unsafe, but it does mean you should not rely on the brand name alone. Match the company name, license number, and official website before you fund the account.

The source data lists two official websites as legal: `https://www.interactivebrokers.com.hk/cn/home.php` and `https://www.ibkr.com.cn/cn/home.php`. Use those links cautiously and verify them inside the WikiFX App before entering account credentials.

WikiFX Score and Regulatory Disclosures

WikiFX gives Interactive Brokers a score of 8.04 and an AAA influence rank. At the same time, the platform notes four regulatory disclosure items in 2022 and 2023, plus 12 user complaints received in the past three months. That combination creates a mixed picture: strong scale and licensing, but not a clean risk record.

The regulatory disclosures are concrete. ASIC reported that Interactive Brokers Australia paid an AUD 832,500 penalty in 2023 after the Market Disciplinary Panel found failures relating to suspicious trading surveillance and response. The disclosure says the company allowed further suspicious trading after ASIC raised concerns and did not maintain sufficient organizational and technical resources for the issue described.

The NFA disclosure says Interactive Brokers LLC was ordered to pay a USD 250,000 fine after findings related to cancelling retail customer Forex orders under permitted reasons and failing to adequately supervise employees conducting Forex activities. For anyone trading Forex, this is not a small detail; it concerns order handling and supervision in a regulated market.

The FCA disclosure records a GBP 1,049,412 fine against Interactive Brokers UK for weak market abuse controls and failure to report suspicious client transactions during the relevant period from February 2014 to February 2015. The available data also includes an Indonesian BAPPEBTI disclosure warning about unauthorized commodity futures trading activity and blocked entities, reminding traders that overseas regulation does not automatically replace local authorization in every country.

These disclosures do not erase the broker's active licenses, but they do show that a regulated broker can still face enforcement action. That is why a review should weigh both the license map and the disciplinary record.

Platform and Account Access

Interactive Brokers uses proprietary trading software rather than a standard MT4/MT5-focused setup in the available WikiFX platform notes. The supported mobile apps listed include IMPACT by Interactive Brokers, IBKR GlobalTrader, and IBKR Mobile on Android and iOS. The platform experience is described as average, while the software review notes useful features such as customization, multiple language versions, good search, and clear fee reports.

The weaker point is account-access security. The source data says the evaluated proprietary platform lacks safer login features such as two-step login and biometric authentication. That does not prove there are login failures, and the data does not report a general system outage. It does mean you should be more careful with account hygiene: only use official download links, avoid third-party APK files, and confirm the domain before any login attempt.

The summary also states that Windows, MacOS, Web, and other application support were not available in the evaluated setup. If you need desktop trading, check the latest platform availability directly before opening an account.

Trader Complaints and Withdrawal Cases

The complaint record is the main reason this review cannot treat Interactive Brokers as risk-free. WikiFX reports 12 complaints in the past three months, and the provided cases include withdrawal and account-access allegations from Hong Kong and Vietnam.

A Hong Kong user complaint dated October 18, 2024 says the client submitted many requested documents, but the account was frozen and closed on the grounds of non-compliance. The user claimed they had lost USD 50,000 to USD 60,000 and that more than USD 20,000 remaining in the account could not be withdrawn. The user also said they called to confirm the withdrawal personally, but customer service, consultation tickets, and emails received no response.

A Vietnam complaint dated April 5, 2024 accused the platform of refusing withdrawals, locking the account, and showing signs of fraud. The user said they could no longer access the account.

Another Vietnam complaint dated April 1, 2024 said the user could not withdraw deposited funds because the platform required a three-month VIP upgrade. The user also claimed customer service did not properly explain how to withdraw.

These are user-submitted exposure cases, not court findings. Still, the pattern matters: withdrawal friction, account locking, compliance review, and weak communication. If you already have an account, keep records of deposits, withdrawal requests, emails, tickets, phone confirmations, and account notices. If compliance documents are requested, submit them through verified official channels only.

Customer Service and Operational Reach

Interactive Brokers is shown as supporting 29 languages and 15 regions, with contact available through phone and instant messaging channels. English and German support channels are specifically listed, including multiple phone numbers for the United States, Switzerland, Singapore, the United Arab Emirates, Australia, Japan, the United Kingdom, Hong Kong, China, Brazil, and other regions. The customer-service note says most relevant answers can be received, but waiting time may be long.

This matters because a large broker can still be difficult to navigate when something goes wrong. If your issue involves withdrawals, locked access, or compliance review, slow support can increase stress even when the broker is regulated.

Final Verdict: Should I open an account?

Interactive Brokers is not presented in the available data as an unregulated broker. Its active regulation across the FCA, NFA, SFC, FSA, ASIC, and CIRO is a strong positive signal, and the WikiFX Score of 8.04 is relatively high. However, you should balance that against revoked regulatory records, four regulator disclosures, platform login security limitations noted in the software review, and recent complaints involving withdrawals and account access.

If you are considering this broker, verify the exact legal entity, license number, and website before depositing. Start small if you proceed, test the withdrawal process early, and keep full documentation of all account and support communications. The available data does not provide spread, leverage, commission, or minimum deposit details, so trading-cost confidence is limited from this source alone.

Status changes daily. Before depositing, check the WikiFX App for the latest real-time certificate.

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Related broker

Regulated
InteractiveBrokers
Company name:Interactive Brokers Hong Kong Limited
Score
8.04
Website:https://www.interactivebrokers.com.hk/en/home.php
20+ years | Regulated in Australia | Regulated in United Kingdom | Regulated in Japan
Score
8.04

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