Thank you for your interest in Interactive Brokers.
We support direct market access to over 80 exchanges and our clients can trade multi asset classes (e.g., you can trade shares, options, futures, ETF's, bonds and forex) all from our IB Universal Account.
One of the exchanges we support is NYSE Euronext , which allows you to trade futures and options on the FTSE.
Our costs to open an account:
$10,000 initial deposit;
$10 minimum brokerage fee per month;
IB brokerage fees e.g., we ask GBP 1.70 (all in) for FTSE futures and options, per contract. And we offer a sliding scale, i.e., the more you trade the less you pay; For US shares (NASDAQ) via Smart Order Routing we ask USD 0.005 per share (all in).
Market data fees.
The IB Universal Account allows you to trade multiple products around the world from a single account. You can trade stocks, options, futures, Forex, bonds and funds all from the same Trader Workstation screen, and your transaction history and positions are all reported on a single statement.
Trading around the world can be simple, because you are not required to open accounts in multiple currencies. Deposit a single currency in an account and when you want to trade a product denominated in another currency, a loan is created which is secured by your deposited currency. If you wish to eliminate the loan, you may do so at any time by trading currencies through our IB IDEAL network or depositing money in another currency. You will find that our currency exchange rates are much better than retail banks or exchange rates offered by the credit card companies.
For each account a single base currency designation must be made that determines an account's statement and margin requirement translation currency. However, deposits and withdrawals may be made in any non-base currency in AUD, CAD, CHF, EUR, GBP, HKD, JPY, MXN, SEK or USD.
We encourage our clients to compare our company's strenghts, technology, services, low costs and benefits against other brokers. And if you find a better option then our total value then we suggest you take it; Otherwise you can open an account online via
www.interactivebrokers.co.uk
Regardless which broker you choose we wish you much success with your trading.
PS: We only offer regulated CFD's on the Australian (SNFE).