Interactive Brokers Sees 32% Customer Growth, Rolls Out Canadian RRIF
Interactive Brokers customers grew 32% year-over-year in 2025, driving record profit margins and contributing to a 16.4% share price increase last month. The company launched Registered Retirement Income Funds in Canada with seamless RRSP conversions, diversified product access, low-cost trading, and unified management of RRIF, RRSP, TFSA, and FHSA accounts.
1. Surge Driven by Customer Growth and Margin Expansion
Shares of Interactive Brokers surged 16.4% last month after the broker reported a 32% year-over-year increase in active client accounts in 2025, taking total accounts beyond 1.3 million. The firm also delivered record operating profit margins, which expanded by 4 percentage points to 56%, driven by higher net interest income and cost discipline in technology and support functions. Trading volumes ticked upward, with average daily trades rising 18% as clients took advantage of the firm’s low-cost structure and advanced execution algorithms. Investors have keyed into this combination of robust top-line growth and efficient expense management, viewing it as evidence that Interactive Brokers can sustain long-term profitability even if trading volumes plateau.
2. Canadian RRIF Launch Broadens Retirement Offering
Interactive Brokers has rolled out Registered Retirement Income Funds (RRIF) in Canada through its Interactive Brokers Canada Inc. arm. The new product allows Canadian clients to convert existing RRSPs without asset transfers and to invest across stocks, options, bonds and ETFs on the same platform that hosts TFSA and FHSA accounts. RRIF clients benefit from no account maintenance fees, competitive commissions starting at CAD 0.01 per share, and automated tools that calculate mandatory withdrawals based on age. This strategic expansion deepens the firm’s footprint in the Canadian retirement market, targeting the segment of clients over age 71 who are required to draw down their savings and seek flexible, low-cost solutions.
3. Upcoming Presentation at BofA Securities Conference
Thomas Peterffy, Chairman of Interactive Brokers Group, is scheduled to present at the BofA Securities 2026 Financial Services Conference on Tuesday, February 10 at 1:50 p.m. ET. The live webcast will be accessible via the company’s investor relations site, with a replay following immediately after the session. Management is expected to update attendees on the firm’s growth initiatives, including international expansion of its automated platform and plans to enhance product offerings for advisors. Analysts and institutional investors will be watching for any commentary on future capital allocation, including potential share repurchases or dividend policy adjustments.