eToro vs Interactive Investor, Who's Better?
Read our In-Depth eToro vs Interactive Investor Review - for 2022
This eToro vs Interactive Investor review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs Interactive Investor review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Interactive Investor Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Interactive Investor
Every online trading system has some ups and downs, and no eToro and Interactive Investor review would be complete without showing both sides. Compare eToro and Interactive Investor to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between eToro or Interactive Investor. Which one is best in 2022?
This eToro vs Interactive Investor comparison contains the most recent information so you can easily compare Interactive Investor against eToro.
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 analyzing skills and comprehensive understanding. You will acquire proficient at all of the concepts of broker as you keep trading. For starters, you have to select the ideal broker who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. eToro and Interactive Investor are just two such companies which will take you and your investment into great heights. It is important to compare eToro vs Interactive Investor before you trust them with your money.
Our eToro vs Interactive Investor comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Interactive Investor side by side.
Our full eToro vs Interactive Investor Review covers everything you need to know about trading with either eToro or Interactive Investor. A good broker can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a common misconception that all brokers are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
eToro and Interactive Investor are both brokers that have forged their way successfully to the broker world. Within this review, we've tried to collate some of the vital facets of both eToro and Interactive Investor. This review will allow you to know whether either Interactive Investor or eToro is a good fit for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Benefits of eToro and Interactive Investor Compared
eToro has a minimum deposit of $50 while Interactive Investor has a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro allows you to trade around 100 financial instruments whilst Interactive Investor allows you to trade around 100 on their platform.
The more instruments you can trade on the eToro 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 seriously do not want to miss out on a trading opportunity due to the limitations of eToro or Interactive Investor.
eToro and Interactive Investor Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. eToro and Interactive Investor have the following contact details and social medias that you can use.
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| Broker | eToro | Interactive Investor |
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| support@etoro.com | ||
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
| eToro Twitter Account | Interactive Investor Twitter Account | |
| eToro Facebook Page | Interactive Investor Facebook Page | |
| eToro Instagram Account | Interactive Investor Instagram Account | |
| eToro LinkedIn Page | Interactive Investor LinkedIn Page | |
| YouTube | eToro YouTube Channel | Interactive Investor YouTube Channel |
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Interactive Investor and eToro 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 eToro and Interactive Investor we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs Interactive Investor - Awards
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| Broker | eToro | Interactive Investor |
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eToro have won many industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for eToro 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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eToro vs Interactive Investor - Frequently Asked Questions
eToro vs Interactive Investor - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Interactive Investor was founded in 1995 and has its head office in UK.
What is the minimum deposit for Interactive Investor or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Interactive Investor is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Interactive Investor are a good option.
eToro vs Interactive Investor - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Interactive Investor is regulated by Financial Conduct Authority (FCA).
Both eToro and Interactive Investor have a powerful collection of rules for ensuring fair trading onto their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs Interactive Investor Commission And Fees
eToro and Interactive Investor are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the amount of customers they have.
But 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 make money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such cases, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are people that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither eToro or Interactive Investor charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by eToro and Interactive Investor are relatively competitive. As a result, you are billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This eToro vs Interactive Investor review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And Interactive Investor
What Languages Do eToro And Interactive Investor Support?
Being able to chat completely with your online broker is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both eToro and Interactive Investor offer communication in.
How Many Clients Do eToro and Interactive Investor Have?
Both eToro and Interactive Investor are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients eToro and Interactive Investor are working with
What Payment Methods Do eToro and Interactive Investor Accept?
eToro 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 eToro and Interactive Investor
What Can You Trade With eToro and Interactive Investor?
eToro offers 100 trading instruments and Interactive Investor offers 100.
Below you will find a full breakdown of what both eToro and Interactive Investor offer.
Compare eToro To All Other Brokers
Compare Interactive Investor To All Other Brokers