There once was a time when you had to go through a brick-and-mortar broker to invest in the stock market. This broker would charge you exorbitant commissions on simple trades that might not get executed for hours or longer.
But with the advent of online discount brokers, not only have rates become much more competitive, but the trading process has become much simpler and more convenient.
One of the most popular discount brokers out there is Interactive Brokers. Let’s take a look at the features, pros, and cons of this online trading website in order to decide if it’s the right option for your investing purposes.