Interactive Brokers
Track your Interactive Brokers index ETFs in Index Balance. Record transactions manually and get TWRR analysis, drawdown and long-term projections.
Interactive Brokers (IBKR) is one of the largest and most recognised online brokers in the world, operating in more than 150 countries. It offers access to a wide range of financial products including European UCITS ETFs, stocks, bonds and options. It is especially popular among advanced European investors for its competitive commissions and breadth of available markets. For passive investors, Interactive Brokers provides access to virtually all UCITS ETFs available on European markets, including those from iShares, Vanguard, SPDR and Amundi tracking indices such as the MSCI World, MSCI ACWI and MSCI Emerging Markets. Its per-trade commissions are competitive, especially for medium-to-high volumes. Currently, automatic import from Interactive Brokers is not available in Index Balance. You can manually record your ETF and fund purchase transactions to obtain comprehensive analysis: TWRR return, historical drawdown, Sharpe Ratio, benchmark comparison and long-term projections. Automatic import from Interactive Brokers is on the Index Balance roadmap. IBKR offers detailed exports in various formats that will enable this integration in the future.
Frequently asked questions
Can I automatically import my Interactive Brokers portfolio?
Not currently. Automatic import from Interactive Brokers is on the Index Balance roadmap. For now, you can manually record your ETF and index fund purchase transactions.
Is Interactive Brokers suitable for index fund investors?
Interactive Brokers is excellent for UCITS ETFs with low commissions. However, for investors in Spain who prefer investment funds (not ETFs) for tax advantages on transfers, brokers like MyInvestor or Indexa Capital may be more suitable.
Is Interactive Brokers available across Europe?
Yes. Interactive Brokers operates throughout Europe and offers accounts to residents in most EU countries and Switzerland. The account is managed through IBKR Europe (Ireland) or IBKR LLC depending on the client's residence.
What type of ETFs can I track in Index Balance from IBKR?
You can track any UCITS ETF you hold at Interactive Brokers by recording transactions by ISIN. Index Balance automatically retrieves historical NAV for most common funds. If the ETF is not in the database, you can request it to be added.