Luis Sanchez, founder of LVS Advisory, discusses his bull thesis for Interactive Brokers (IBKR). IBKR is a major beneficiary of rising interest rates, and on top of that Luis thinks the company will continue to experience significant account growth thanks to their business to business efforts and low cost structure.
As a customer it is not a great product. I find the TDA platform light years ahead. But I use it for international and margin. I would say this is one to watch as a potential bargain if we do have some financial shock and stock plunge.
i find myself using the mobile app and web based interface most of all. They do need to improve the web interface.
IKBR has very good prices and especially amazing market access for retail users (speaking as a EU customer).
However, both the desktop application and especially the mobile client are beyond rescue and are basically legacy weight.
As a customer it is not a great product. I find the TDA platform light years ahead. But I use it for international and margin. I would say this is one to watch as a potential bargain if we do have some financial shock and stock plunge.