Interactive Brokers options desk for day traders and scalpers
Stage
Established
Not given
Founded
2021
Not given
Based in
US
CA
Pricing model
Freemium
Free trial
Pricing
Level 1 membership: $25 per month with annual plan. Level 2 membership available with analyst-curated alerts and additional features; remaining Level 1 subscription can offset part or all of first month of Level 2.
7-day free trial, then $40 per month billed monthly or $400 per year billed once a year. Monthly plan saves $80 versus yearly; yearly plan is equivalent to 10 months.
Key features
Monitors 24 catalyst event types across 6,300 stocks
5-year historical backtests with price reaction patterns
Real-time SEC filing and news monitoring with AI classification
Customizable alerts and watchlists for portfolio monitoring
Entry and exit point recommendations based on historical patterns
Analyst-curated trade ideas for Level 2 members
SMS alerts for premium events
Multi-symbol options chains with ITM, ATM, and OTM strikes in one table
One-click market, mid, and close orders
Automated take profit and stop loss while connected
Live unrealized P&L updates
Customizable layout with column resizing and hiding
Futures options support (ES, MES, NQ, MNQ, RTY, CL, GC)
Four themes including Terminal quiet desk mode
Windows, macOS, and Linux support
Direct connection to TWS or IB Gateway with credentials staying local
What makes it different
~80% win rate on closed trades since 2022
Hallucination-free AI with cited source verification
Designed for options and event-driven traders
Reduces TWS clicks from seven steps to three moves for options execution
Paper trading and live trading use the same desk with no extra setup
No order batching or extra confirmation steps inside the app
Preset position sizes per symbol with one-click bulk adjustments