Cryptocurrency Q&A Is Interactive Brokers LLC a bank?

Is Interactive Brokers LLC a bank?

Stefano Sat Oct 12 2024 | 6 answers 1763

Interactive Brokers LLC is an online discount brokerage firm based in the United States. It provides trading execution and clearing services for a wide range of electronic trading products to institutions and professional traders. The company is regulated by various authorities including the SEC and FINRA, and is a member of SIPC, providing protection to its clients. However, Interactive Brokers LLC is not a bank, but rather a brokerage firm specializing in online trading services. Is Interactive Brokers LLC a bank?

Is Interactive Brokers LLC a bank?

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