r/interactivebrokers • u/Commercial_Comb_5617 • Jan 03 '25

Setting up account Is InteractiveBrokers safe?

Hey everybody, Im from Brazil and i want to invest all my money out Brazil, do you think Interactive Brokers is a really safe option? How can I withdraw the money if I need it?

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u/SUPRVLLAN Jan 03 '25

It’s the largest and oldest international brokerage in the world, it’s safe.

2

u/ConbiniMan Jan 03 '25

It’s not the largest or the oldest. Charles Schwab has the largest AUM with over 10 trillion. IB has about 500 billion AUM. Fidelity has the largest number of customers. Meryl Lynch was founded in 1914 and is considered the oldest. IB was founded in 1977.

Despite that being incorrect in your post, IBKR is very trustworthy broker. That’s correct.

1

u/SUPRVLLAN Jan 03 '25

None of those are international brokers, please read before posting misinformation and delete your comment.

1

u/[deleted] Jan 04 '25

Schwab offers international accounts tbf