Benzinga names Interactive Brokers best mutual fund and bond broker

DETROIT, Feb. 9, 2021 / PRNewswire / – Interactive Brokers Group, Inc. was recognized by Benzinga with the top honors for Best Mutual Funds and Bonds Broker.

Benzinga compared over two dozen online brokers and rated the participants on the basis of trading technology, ease of use, mobile options, the entire range of offers, research functions, portfolio support, customer service and training, and costs.

« Interactive Brokers ranked ahead of all its competitors and offered exceptional changes in the financial space, » said Benzinga CEO and founder Jason Raznick. Raznick noted Interactive Brokers’ technological innovation, portfolio analysis improvements, and the excellent educational offerings.

Interactive Brokers’ low and fully transparent commissions on bonds, access to a full range of US Treasuries, 26,098 corporate bonds, 1,011,463 municipal securities, 21,403 CDs and Asian bonds, and innovative bond search tool to compare yields stood out among the dozen other broker out.

In addition, IBKR’s mutual fund market offers its clients access to more than 39,000 no-load funds from over 380 fund families. Clients can access funds from Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS, PIMCO and many other fund families.

« Unlike most companies, Interactive Brokers never charges a custody fee, and over 8,300 funds are available with no transaction fees, making Interactive Brokers one of the winners, » said Raznick.

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Benzinga names Interactive Brokers best mutual fund and bond broker
4.9 (98%) 32 votes