Interactive Brokers (IBKR)

Q1 2025 Results

Q1 2025 Results

We write a report on Interactive Brokers (IBKR) on October 13, 2024. This report can be found here.

We are catching up with them by looking at Q1 2025 results which were reported on 15 April 2025.

We started our original article with the following overview.

OVERVIEW

In essence, IBKR helps anyone buy and sell multiple different assets through their platform. With 2.8 million accounts worldwide, IBKR provides access to over 150 markets in 27 currencies in 34 countries and serves customers in more than 200 countries. The platform is known for its low prices, broad market access, and advanced trading tools.

IBKR services accounts for hedge and mutual funds, exchange-traded funds (ETFs), registered investment advisors (RIAs), proprietary trading groups, introducing brokers (IBs) and individual investors.

The company also licenses its trading interface to large banks and brokerages through white branding agreements. IBKR operates worldwide but generates about 70% of its revenue in the US.

“Since our inception, we have focused on developing proprietary software to automate broker-dealer functions. We have been a pioneer in developing and applying technology as a financial intermediary to increase liquidity and transparency in the capital markets in which we operate. The proliferation of electronic exchanges and market centres has allowed us to integrate our software with an increasing number of trading venues, creating automatically functioning, computerized platforms that require minimal human intervention. Over four decades of developing our automated trading platforms and automating many middle- and back-office functions have allowed us to become one of the lowest cost providers of broker-dealer services and to significantly increase the volume of trades we handle.”

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