Interactive Brokers Reports 31% Account Growth Amid Slight Trading Dip

Interactive Brokers Group, Inc. has released its Electronic Brokerage metrics for April, showing continued growth in client assets and accounts, while trading activity eased from the previous month. The April data follows a similar pattern to March, with a month-on-month softening in trading volume.

Daily Average Revenue Trades totaled 4.241 million, higher than a year earlier but slightly lower than in March. Client equity rose to $870.9 billion at the end of April, up 48% year-on-year and 10% from the prior month. Margin loan balances reached $91.3 billion, a 57% annual increase, indicating higher use of leverage. Client credit balances stood at $175.6 billion, also rising annually.

The number of client accounts climbed to 4.859 million, up 31% from a year earlier. The average commission per cleared order was $2.70, including exchange and regulatory fees. On execution costs, the company stated that IBKR PRO clients' total cost for trading U.S. stocks was "about 2.4 basis points of trade money," based on a VWAP benchmark.

Separately, the firm continues to expand its digital asset offerings. It now allows eligible retail investors in the European Economic Area to trade crypto assets through Interactive Brokers Ireland Limited. The platform supports 11 crypto-assets alongside traditional products like equities, options, and futures. Clients can also transfer existing cryptocurrency holdings into linked accounts. The firm stated this expansion aims to simplify access and improve transparency across asset classes.