Interactive Brokers vs Interactive Investor, for 2024
Charles Seymour
Last Updated: 18-May-2024
Read our In-Depth Interactive Brokers vs Interactive Investor Review - Updated for 2024
Our comprehensive analysis of Interactive Brokers and Interactive Investor has been updated for 2024 by knowledgeable insiders boasting extensive financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Interactive Brokers vs Interactive Investor does not apply to all countries as follows:
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Interactive Investor Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Interactive Brokers vs Interactive Investor
Each online trading platforms will have a few advantages and disadvantages, and any comprehensive analysis of Interactive Brokers vs Interactive Investor would not be complete without adopting a balanced approach.
Assess Interactive Brokers and Interactive Investor to understand just how they compare with each before you make an account. Performing a comparative analysis helps to bring aspects in perspective to ensure that you're cognizant of what to expect.
So you are looking for an online trading platform and are choosing between Interactive Brokers or Interactive Investor. Who should you choose?
Our Interactive Brokers vs Interactive Investor comparison contains the latest information so you can easily compare Interactive Investor against Interactive Brokers.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You will get adept at all of the concepts of brokerage as you continue trading. For starters, you have to select the right agent who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. Interactive Brokers and Interactive Investor are two such platforms which will take you along with your investment to great heights. It's crucial to compare Interactive Brokers vs Interactive Investor until you trust them with your cash.
Our Interactive Brokers vs Interactive Investor comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and Interactive Investor side by side.
Our entire Interactive Brokers vs Interactive Investor Review covers everything you will need to learn about trading with either Interactive Brokers or Interactive Investor. A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It is a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
Interactive Brokers and Interactive Investor are both brokers which have forged their way successfully into the broker world. Within this review, we have attempted to collate a number of the important facets of both Interactive Brokers and Interactive Investor. This review will allow you to know whether either Interactive Investor or Interactive Brokers is a fantastic match for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of Interactive Brokers and Interactive Investor Compared
Interactive Brokers offers a minimum deposit of $1 while Interactive Investor offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Interactive Brokers and Interactive Investor 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.
Interactive Brokers allows you to trade around 100 financial instruments while Interactive Investor allows you to trade around 100 financial instruments available.
The more instruments you can trade on the Interactive Brokers and Interactive Investor 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 should never want to miss out on a trading opportunity due to the limitations of Interactive Brokers or Interactive Investor.
Interactive Brokers and Interactive Investor Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. Interactive Brokers and Interactive Investor have the following contact details and social medias that you can use.
Broker | Interactive Brokers | Interactive Investor |
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Telephone Number | +1 203 618 5800 | |
support@interactivebrokers.com | ||
Address | One Pickwick Plz, Greenwich, Connecticut 06830, US | |
Interactive Brokers Twitter Account | Interactive Investor Twitter Account | |
Interactive Brokers Facebook Page | Interactive Investor Facebook Page | |
Interactive Brokers Instagram Account | Interactive Investor Instagram Account | |
Interactive Brokers LinkedIn Page | Interactive Investor LinkedIn Page | |
YouTube | Interactive Brokers YouTube Channel | Interactive Investor YouTube Channel |
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Interactive Investor and Interactive Brokers 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 Interactive Brokers and Interactive Investor will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Interactive Brokers vs Interactive Investor - Awards
Broker | Interactive Brokers | Interactive Investor |
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Awards |
Interactive Brokers have won many industry awards over the years they have been running as an online trading platform. We detail the most recognised awards for Interactive Brokers here.
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At the time of writing this Interactive Investor review, and despite Interactive Investor’s impressive offering, the company has surprisingly not garnered any awards to date. |
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Interactive Brokers vs Interactive Investor - Frequently Asked Questions
Interactive Brokers vs Interactive Investor - Headquarters And Year Of Founding
Interactive Brokers was founded in 1977 and has its head office in United States.
Interactive Investor was founded in 1995 and has its headquaters in UK.
What is the minimum deposit for Interactive Investor or Interactive Brokers
The minimum deposit for Interactive Brokers is $1.
The minimum deposit for Interactive Investor is $1.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Interactive Brokers and Interactive Investor are a good option.
Interactive Brokers vs Interactive Investor - Regulation And Licencing In More Detail
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)..
Interactive Investor is regulated by Financial Conduct Authority (FCA).
Both Interactive Brokers and Interactive Investor have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Interactive Brokers vs Interactive Investor Commission And Fees
Interactive Brokers and Interactive Investor are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker is not necessarily affected by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 types of penalties for this objective.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In such instances, you are paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither Interactive Brokers or Interactive Investor charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by Interactive Brokers and Interactive Investor are comparatively lower. Consequently, you're charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This Interactive Brokers vs Interactive Investor review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Interactive Brokers And Interactive Investor
What Languages Do Interactive Brokers And Interactive Investor Support?
Being able to chat easily with your online broker is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both Interactive Brokers and Interactive Investor offer communication in.
How Many Clients Do Interactive Brokers and Interactive Investor Have?
Both Interactive Brokers and Interactive Investor are well established with their customer base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users Interactive Brokers and Interactive Investor have
What Payment Methods Do Interactive Brokers and Interactive Investor Accept?
Interactive Brokers and Interactive Investor 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 Interactive Brokers and Interactive Investor
What Can You Trade With Interactive Brokers and Interactive Investor?
Interactive Brokers offers 100 trading instruments whilst Interactive Investor offers 100.
Below you will find a full breakdown of what both Interactive Brokers and Interactive Investor offer.
Interactive Brokers Review
Interactive Brokers vs Interactive Investor:
Table Of Contents
- Compare Interactive Brokers vs Interactive Investor
- Benefits of Interactive Brokers and Interactive Investor Compared
- Interactive Investor and Interactive Brokers Mobile App Comparison
- Interactive Brokers vs Interactive Investor - Awards
- Interactive Brokers vs Interactive Investor - Frequently Asked Questions
- What is the minimum deposit for Interactive Investor or Interactive Brokers
- Interactive Brokers vs Interactive Investor - Regulation And Licencing In More Detail
- Compare Broker Fees For Interactive Brokers And Interactive Investor
- What Languages Do Interactive Brokers And Interactive Investor Support?
- How Many Clients Do Interactive Brokers and Interactive Investor Have?
- What Payment Methods Do Interactive Brokers and Interactive Investor Accept?
- What Can You Trade With Interactive Brokers and Interactive Investor?