Interactive Brokers Reports $770B Client Equity in November, Margin Loans Grow 38%
Interactive Brokers Group released its electronic brokerage performance metrics for November. The firm recorded 4.27 million Daily Average Revenue Trades, representing a 29% increase compared with the same month last year, but 4% lower than in October.
Alongside trading activity, Interactive Brokers expanded its market access in November by adding the Taipei Exchange to its platform, giving global investors direct access to Taiwan’s small and medium-sized enterprises.
[#highlighted-links#]
Eligible clients can now trade equities, ETFs, and Taiwan Depositary Receipts on TPEx, using automatic currency conversion for cross-border trades. The addition increases IBKR’s network to more than 160 global exchanges.
Interactive Brokers Client Equity, Margin Rise
Client equity ended the month at $769.7 billion, up 34% from November 2024. This reflects the total value of client holdings in brokerage accounts. Client margin loans, which are funds borrowed by clients to trade, rose 38% year-on-year to $83.3 billion. The broker reported 4.311 million client accounts, a 33% increase from the previous year, indicating growth in the number of active and funded accounts.
The firm also provided figures on trading costs for its PRO clients. It said the total cost of executing and clearing U.S. Reg.-NMS stock trades in November was “about 3.0 basis points of trade money,” consistent with the rolling 12-month average of 2.8 basis points.
IBKR Desktop Offers Integrated Trading Platform
Separately, Interactive Brokers announced the launch of Version 1.0 of IBKR Desktop, a new trading platform. The release follows two years of beta testing and provides a desktop trading environment for investors worldwide.
The platform integrates discovery, analysis, execution, and portfolio management for retail and professional clients. CEO Milan Galik said it was “built to meet the needs of all investors, from experienced traders to those just getting started.”
Additionally, Interactive Brokers introduced the Karta Visa card, allowing clients to spend directly from their brokerage accounts. The card links trading and cash management, enabling users to trade, save, invest, and make purchases without moving funds between platforms.