CITIC Securities vs Interactive Brokers compared

Online brokers compared for fees, trading platforms, safety and more. See how CITIC Securities stacks up against Interactive Brokers!

CITIC Securities
Interactive Brokers

Last update of dataNov 2022

CITIC Securities

CITIC Securities is a Chinese full-service investment bank, regulated by the Chinese Securities Regulatory Commission (CSRC).

Recommended for investors and traders looking for assets in China and Hong Kong markets.

Interactive Brokers

Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.

Recommended for traders looking for broad market access and a professional trading environment.

CITIC Securities's service is on par with Interactive Brokers's and a comparison of their fees shows that CITIC Securities's fees are slightly higher than Interactive Brokers's.

Account opening takes less effort at CITIC Securities compared to Interactive Brokers, deposit and withdrawal processes are somewhat easier at CITIC Securities, while customer service quality is somewhat better than Interactive Brokers's.

Our experts rated the trading platform of CITIC Securities as being of the same quality as the platform of Interactive Brokers, found that clients have access to much less markets and products with CITIC Securities, while Interactive Brokers provides just about the same quality of research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.6

Recommended for Investors and traders looking for assets in China and Hong Kong markets

Overall Score
4.9

Recommended for Traders looking for broad market access and a professional trading environment

Best online broker

Country of origin

China

Country of origin

USA

Fees

Fees score
4.0
Fees score
4.5
Fees summary

Low fees on Chinese markets and low non-trading fees

Fees summary

Low trading and non-trading fees, free stock and ETF trading for US customers

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.8
Deposit and withdrawal score
3.0
Number of base currencies

3

Number of base currencies

23

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
3.2
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1-3 days

Required documents

Proof of identify: national ID

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score
3.2
Web platform score
3.8
Mobile platform score
4.2
Mobile platform score
3.5
Desktop platform score
3.0
Desktop platform score
3.8

Markets and products

Markets and products score
2.2
Markets and products score
5.0
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 60.0% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.3
Research score
4.3
Charting quality

Mid-range

Charting quality

Great

Education score
2.5
Education score
4.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
4.3
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

There is an investor protection provided by Chinese regulator, but there is no limit set

Investor protection amount

£85,000 or $500,000 (but only $250,000 for cash) in the UK depending on the assets you hold; $500,000 ($250,000) in the US; €20,000 (IB Ireland & Luxembourg) or €100,000 (IB Central Europe) in the EU, CAD 1 million in Canada; HKD 500,000 in Hong Kong

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1995

Foundation date

1977

Country of regulation

China

Country of regulation

USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore

CITIC Securities

For detailed information and hands-on experience, read our review of this broker.

Interactive Brokers

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Brokers displayed might not be available in United States.

×