Interactive Brokers vs Interactive Investor, 2024 Update
Charles Seymour
Last Updated: 18-Apr-2024
Read our In-Depth Interactive Brokers vs Interactive Investor Review - 2024 Update
Our Interactive Brokers vs Interactive Investor review has been updated to reflect any changes for 2024 by industry experts with considerable expertise across 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
Every platforms for online trading feature a few ups and downs, and any comprehensive review of Interactive Brokers and Interactive Investor cannnot be complete without embracing a fair assessment.
Assess Interactive Brokers and Interactive Investor in order to understand just how they line up to one another prior to you open an account. A side-by-side comparison can put things in perspective so that you remain cognizant of the expectations.
So you are looking for an online trading platform and are choosing between Interactive Brokers or Interactive Investor. Who should you choose?
This Interactive Brokers vs Interactive Investor comparison contains the latest information so you can easily compare Interactive Investor against Interactive Brokers.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of broker as you continue trading. For starters, you have to select the ideal agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. Interactive Brokers and Interactive Investor are two such companies which will take you and your investment into great heights. It is crucial to compare Interactive Brokers vs Interactive Investor until you trust them with your money.
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 fantastic agent can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you select them. It is a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Interactive Brokers and Interactive Investor are both brokers which have forged their way successfully to the broker world. In this review, we've attempted to collate some of the important facets of both Interactive Brokers and Interactive Investor. This review can help you to understand whether either Interactive Investor or Interactive Brokers is a fantastic fit for your own investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Benefits of Interactive Brokers and Interactive Investor Compared
Interactive Brokers has 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 whilst Interactive Investor allows you to trade around 100 financial instruments available.
The more financial instruments you can trade on the Interactive Brokers and Interactive Investor trading 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 Interactive Brokers or Interactive Investor.
Interactive Brokers and Interactive Investor Contact Details
Being able to contact a broker 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.
In this part of our comparison of Interactive Brokers and Interactive Investor we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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?
Interactive Brokers vs Interactive Investor - Awards
Broker | Interactive Brokers | Interactive Investor |
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Awards |
Interactive Brokers have won a lot of industry awards over the years they have been running as an online trading platform. We show the most recognised awards for Interactive Brokers below.
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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. |
Find Out More |
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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 headquaters in United States.
Interactive Investor was founded in 1995 and has its head office 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 needs, 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 choice.
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 strong collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Interactive Brokers vs Interactive Investor Commission And Fees
Interactive Brokers and Interactive Investor are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not 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 penalties for this purpose.
The first sort of charges 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, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither Interactive Brokers or Interactive Investor charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, such as daily or weekly trading.
But, non-trading fees billed by Interactive Brokers and Interactive Investor are comparatively greater. Consequently, you're billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of resources.
This Interactive Brokers vs Interactive Investor review for 2024 breaks down every one 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 communicate easily with your trading broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you can find all the languages that both Interactive Brokers and Interactive Investor support.
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 customers they already work with.
Below you will find details of how many customers 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?