Interactive brokers mutual fund

Interactive Brokers Mutual Fund

* One of the most important features offered by this Broker are the Interactive Brokers’ mutual fund marketplace. It provides its clients across the globe large availability of mutual funds at a very low cost. The mutual fund market place provides access to more than 25000 no-load funds from over 285 mutual fund families, which can be accessed by traders from more than 200 countries. Moreover, it also includes many remarkable fund families which include, American Funds, Alliance, Fidelity, BlackRock, Franklin Templeton, MFS, PIMCO, and Invesco. * Apart from offering a mutual fund marketplace, it also offers exhaustive mutual fund screener to exclude Investments based on commission, family, and type. Currently, Interactive Brokers is one of the

biggest mutual fund brokers in the United States offering a massive range of mutual funds that can be accessed from an integrated or a single account. Further, this broker is one of the largest offshore mutual fund marketplace offering several categories of mutual funds that are available to residents around the globe.

To search for mutual funds at Interactive Brokers, you’ll need to use a web browser. The brokerage firm doesn’t have a mutual fund scanner on any other With your browser open, click on the mutual fund scanner link shown here. You’ll be presented with some search variables. The first one is the country. If your account is based in the U.S., be sure to select the U.S. Next is fund family. Both Vanguard and Fidelity are listed. Unfortunately, you can only search by one family at a time. It’s also possible to search by asset class (bond, stock, commodity, etc.) and commission status. On the day we did our research, we found 875 Fidelity mutual funds and 303 Vanguard mutual funds.

If you want to trade Vanguard or Fidelity funds and you have an Interactive Brokers account, there’s no need to open a Fidelity or Vanguard account. Interactive Brokers offers mutual and exchange-traded funds from both fund families. Here are the details:

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Best Brokers For No Transaction Fee Mutual Fund Investing

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