Argonaut Securities vs Interactive Brokers, Updated for 2024
Charles Seymour
Last Updated: 20-May-2024
Read our In-Depth Argonaut Securities vs Interactive Brokers Review - 2024 Update
This review comparing Argonaut Securities and Interactive Brokers has been revised for 2024 from knowledgeable insiders boasting extensive expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Argonaut Securities vs Interactive Brokers does not apply to all countries as follows:
Argonaut Securities Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Argonaut Securities vs Interactive Brokers
Every trading platforms feature certain pros and cons, and a complete analysis of Argonaut Securities vs Interactive Brokers cannnot be regarded as thorough without embracing a fair assessment.
Assess Interactive Brokers and Argonaut Securities to understand just how they line up against one another prior to you decide to create an account. A side-by-side comparison can put things in perspective in order that you're aware of what to expect.
So you are looking for a professional broker and are choosing between Argonaut Securities or Interactive Brokers. Who should you choose?
This Argonaut Securities vs Interactive Brokers comparison contains the latest information so you can easily compare Interactive Brokers against Argonaut Securities.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the right broker who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. Argonaut Securities and Interactive Brokers are just two such platforms that will take you and your investment into great heights. It's important to compare Argonaut Securities vs Interactive Brokers before you trust them with your cash.
Our Argonaut Securities vs Interactive Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Argonaut Securities and Interactive Brokers side by side.
Our full Argonaut Securities vs Interactive Brokers Review covers all you will need to learn about trading with either Argonaut Securities or Interactive Brokers. A good agent can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
Argonaut Securities and Interactive Brokers are both brokers that have found their way successfully to the brokerage world. In this review, we've attempted to collate some of the important aspects of both Argonaut Securities and Interactive Brokers. This review can help you to know whether either Interactive Brokers or Argonaut Securities is a fantastic match for your own investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of Argonaut Securities and Interactive Brokers Compared
Argonaut Securities offers a minimum deposit of $1 while Interactive Brokers has a $1 minimum deposit.
Why smaller minimum deposits are good and how Argonaut Securities and Interactive Brokers compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Argonaut Securities allows you to trade around 37 financial instruments whilst Interactive Brokers allows you to trade around 37 available.
The more instruments you can trade on the Argonaut Securities and Interactive Brokers platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Argonaut Securities or Interactive Brokers.
Argonaut Securities and Interactive Brokers Contact Details
Being able to contact your broker easily is a sign of a professional broker. Argonaut Securities and Interactive Brokers have the following contact details and social medias that you can use.
Broker | Argonaut Securities | Interactive Brokers |
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Telephone Number | +1 203 618 5800 | |
support@interactivebrokers.com | ||
Address | One Pickwick Plz, Greenwich, Connecticut 06830, US | |
Argonaut Securities Twitter Account | Interactive Brokers Twitter Account | |
Argonaut Securities Facebook Page | Interactive Brokers Facebook Page | |
Argonaut Securities Instagram Account | Interactive Brokers Instagram Account | |
Argonaut Securities LinkedIn Page | Interactive Brokers LinkedIn Page | |
YouTube | Argonaut Securities YouTube Channel | Interactive Brokers YouTube Channel |
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Interactive Brokers and Argonaut Securities Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Argonaut Securities and Interactive Brokers will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Argonaut Securities vs Interactive Brokers - Awards
Broker | Argonaut Securities | Interactive Brokers |
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Awards | At the time of writing this Argonaut Securities review, and despite Argonaut Securities’s impressive offering, the company has surprisingly not garnered any awards to date. |
Interactive Brokers have won a lot of industry awards over the time they have been running as an online broker. We list the most notable awards for Interactive Brokers here.
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Find Out More |
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Argonaut Securities vs Interactive Brokers - Frequently Asked Questions
Argonaut Securities vs Interactive Brokers - Headquarters And Year Of Founding
Argonaut Securities was founded in 2009 and has its headquaters in Australia.
Interactive Brokers was founded in 1977 and has its head office in United States.
What is the minimum deposit for Interactive Brokers or Argonaut Securities
The minimum deposit for Argonaut Securities is $1.
The minimum deposit for Interactive Brokers is $1.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Argonaut Securities and Interactive Brokers are a good choice.
Argonaut Securities vs Interactive Brokers - Regulation And Licencing In More Detail
Argonaut Securities is regulated by Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC).
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Both Argonaut Securities and Interactive Brokers have a strong collection of rules for ensuring fair trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Argonaut Securities vs Interactive Brokers Commission And Fees
Argonaut Securities and Interactive Brokers are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, financing rate, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither Argonaut Securities or Interactive Brokers charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by Argonaut Securities and Interactive Brokers are comparatively higher. As a result, you're charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of assets.
This Argonaut Securities vs Interactive Brokers review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Argonaut Securities And Interactive Brokers
What Languages Do Argonaut Securities And Interactive Brokers Support?
Being able to chat completely with your online broker is a key part of comparing brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you can find the languages that both Argonaut Securities and Interactive Brokers offer communication in.
How Many Clients Do Argonaut Securities and Interactive Brokers Have?
Both Argonaut Securities and Interactive Brokers are well known and trusted. It is important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users Argonaut Securities and Interactive Brokers have
What Payment Methods Do Argonaut Securities and Interactive Brokers Accept?
Argonaut Securities and Interactive Brokers both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Argonaut Securities and Interactive Brokers
What Can You Trade With Argonaut Securities and Interactive Brokers?
Argonaut Securities offers 37 trading instruments while Interactive Brokers offers 100.
Below you will find a full breakdown of what both Argonaut Securities and Interactive Brokers offer.
Argonaut Securities Review
Argonaut Securities vs Interactive Brokers:
Table Of Contents
- Compare Argonaut Securities vs Interactive Brokers
- Benefits of Argonaut Securities and Interactive Brokers Compared
- Interactive Brokers and Argonaut Securities Mobile App Comparison
- Argonaut Securities vs Interactive Brokers - Awards
- Argonaut Securities vs Interactive Brokers - Frequently Asked Questions
- What is the minimum deposit for Interactive Brokers or Argonaut Securities
- Argonaut Securities vs Interactive Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For Argonaut Securities And Interactive Brokers
- What Languages Do Argonaut Securities And Interactive Brokers Support?
- How Many Clients Do Argonaut Securities and Interactive Brokers Have?
- What Payment Methods Do Argonaut Securities and Interactive Brokers Accept?
- What Can You Trade With Argonaut Securities and Interactive Brokers?