Latest news with #IBKRPro
Yahoo
3 days ago
- Business
- Yahoo
IBKR Launches Lite in Singapore: How Will This Drive Growth?
Interactive Brokers IBKR launches its IBKR Lite plan in Singapore, offering investors in the country a commission-free way to trade U.S. stocks and ETFs around the clock. This is another step taken by the brokerage firm to expand its product suite and the reach of its services zero-commission trading plan in Singapore complements Interactive Brokers' existing IBKR Pro pricing plan. Clients will be allowed to switch between the Lite and Pro plans at any time, depending on their trading has been continuously making efforts to diversify its product suite to expand globally. This and the firm's efforts to develop proprietary software to automate broker-dealer functions have been aiding top-line the last five years (2019-2024), the company's total net revenues witnessed a compound annual growth rate of 21.8%, with the upward momentum continuing in the first half of Interactive Brokers' technological superiority, its revenues are expected to continue to improve in the quarters ahead, supported by higher client acquisitions. The Zacks Consensus Estimate for the company's 2025 and 2026 revenues is $5.68 billion and $6.03 billion, indicating year-over-year growth of 8.8% and 6.2%, respectively. Sales Estimates Image Source: Zacks Investment Research IBKR's Competitors Expanding Product Suite Interactive Brokers' key competitors, TradeWeb Markets Inc. TW and Robinhood Markets, Inc. HOOD, have also been rolling out products to bolster their market launched electronic portfolio trading for European government bonds, spanning U.K. Gilts, EUR and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in Robinhood has been diversifying its offerings to capitalize on investor demands. A couple of months ago, HOOD launched Robinhood Legend in the U.K. In March 2025, the company introduced Robinhood Strategies, Robinhood Banking and Robinhood Cortex to boost wealth management offerings and the prediction markets February 2025, Robinhood launched options trading in the U.K., while in January, it launched Futures. IBKR's Price Performance, Valuation & Estimate Analysis Shares of Interactive Brokers have rallied 53.1% so far this year compared with the industry's growth of 20.5%. Image Source: Zacks Investment Research From a valuation standpoint, IBKR trades at a forward price-to-earnings (P/E) ratio of 33.29, well above the industry average. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Interactive Brokers' 2025 and 2026 earnings indicates year-over-year growth of 11.4% and 6.1%, respectively. Over the past 30 days, earnings estimates for both years have been revised upward. Image Source: Zacks Investment Research Interactive Brokers currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report Tradeweb Markets Inc. (TW) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
4 days ago
- Business
- Business Wire
Interactive Brokers Launches Zero-Commission US Stock Trading in Singapore
GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of its IBKR Lite pricing plan in Singapore. This plan offers Singaporean investors a commission-free way to trade US stocks and ETFs around the clock. 'We're pleased to bring zero-commission US stock trading to investors in Singapore,' said Yujun Lin, Chief Executive Officer of Interactive Brokers Singapore. Share Unlike other brokers that promote 'zero commissions' but charge platform or settlement fees, the Singaporean IBKR Lite program delivers true cost transparency with no commissions, platform or settlement fees, or minimums, giving Singapore investors easy and low-cost access to the US markets. IBKR Lite complements the firm's existing IBKR Pro pricing plan, which utilizes IB SmartRouting ℠ to help optimize execution. Clients can switch between Lite and Pro at any time, depending on their trading needs. Both plans offer IBKR's award-winning platforms, tools, and global market access. 'We're pleased to bring zero-commission US stock trading to investors in Singapore,' said Yujun Lin, Chief Executive Officer of Interactive Brokers Singapore. 'With IBKR Lite, clients benefit from cost-effective access to the US markets, with zero commissions and no platform or settlement fees. This gives Singaporean investors yet another way to utilize IBKR's transparent and powerful platform, and this launch reflects our continued commitment to offering the best value and trading experience globally.' IBKR Lite in Singapore Includes: Zero commissions on US stocks and ETFs, around the clock, 5 days a week No platform or settlement fees, ticket charges, or account minimums Transparent, low commissions on options, futures, and mutual funds Participation in the Stock Yield Enhancement Program to earn income on fully-paid shares Competitive interest on uninvested cash balances and low margin loan interest rates Additional Features for Singapore-Based Investors: Access to 160+ global markets across stocks, options, futures, currencies, bonds, and funds Trading and funding in up to 28 currencies, including the Singapore Dollar (SGD) Use of IBKR Desktop and IBKR GlobalTrader, modern platforms optimized for global investing Overnight trading on 10,000+ US stocks and ETFs — trade during Asian hours even when US markets are closed Fractional shares to invest flexibly with small cash balances Recurring investments to automate long-term strategies AI-powered news summaries for faster, informed decision-making For more information about IBKR Lite in Singapore, visit IBKR Lite - Singapore The best-informed investors choose Interactive Brokers About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others.
