Interactive Brokers Launches Commission-Free ETFs for EEA Investors via Recurring Investment Feature

Interactive Brokers Group Inc (NASDAQ:IBKR) has introduced Commission-Free ETFs within its Recurring Investment feature for eligible individual investors in the European Economic Area.

The offering provides access to over 500 commission-free iShares ETFs from BlackRock across asset classes including bonds, equities, and sectors.

The feature provides a cost-efficient method for constructing diversified portfolios, as the absence of trading commissions allows more capital to remain invested.

Through the automation of periodic contributions, investors can select ETFs, set amounts and schedules, and invest in iShares UCITS ETFs starting from €10 without commissions, granting full control over their investment strategy.

Kevin Keller, CEO of Interactive Brokers Ireland Limited, stated, "We're giving European investors a cost-efficient way to put more of their money to work and keep it invested over time."

Christian Bimueller, Head of Digital Distribution Continental Europe at BlackRock, added, "Interactive Brokers' latest offering reflects a clear trend across Europe, with more individual investors turning to ETFs for their simplicity, diversification and low cost."