Interactive Brokers vs Interactive Investor compared

Interactive Brokers
Interactive Investor
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score
    5.0
    /5
  • Account opening score
    3.2
    /5
  • Customer service score
    4.3
    /5
  • Markets and products score
    3.2
    /5
  • Account opening score
    5.0
    /5
  • Customer service score
    2.8
    /5
Recommended for
  • Equity
    4.9
    /5
  • Forex
    3.9
    /5
  • Beginners
    4.1
    /5
  • Equity
    4.3
    /5
You can open an account in United States
You can't open an account in United States
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.9

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

Best online broker

Overall Score
4.7

Recommended for Beginners and investors focusing on the UK market

Country of origin

USA

Country of origin

UK

Fees

Fees score
4.5
Fees score
3.5
Fees summary

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

Fees summary

Average trading fees, low non-trading fees, no withdrawal fee

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.0
Deposit and withdrawal score
4.3
Number of base currencies

23

Number of base currencies

9

Deposit type

Withdrawal type

Account opening

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

$0

*
Minimum deposit
*

$0

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

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

Required documents
*

Proof of identity: passport or driver's license Proof of residency: bank statement or utility bill

*

Trading platform

Web platform score
3.8
Web platform score
4.3
Mobile platform score
3.5
Mobile platform score
3.8
Desktop platform score
3.8
Desktop platform score
-

Markets and products

Markets and products score
5.0
Markets and products score
3.2
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
3.0
Charting quality

Great

Charting quality

Poor

Education score
4.5
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.3
Customer service score
2.8
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

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

Investor protection amount

£85,000

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

1977

Foundation date

2003

Country of regulation

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

Country of regulation

UK

Interactive Brokers

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

Interactive Investor

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.

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

Account opening takes more effort at Interactive Brokers compared to Interactive Investor, deposit and withdrawal processes are more complicated at Interactive Brokers, while customer service quality is better than Interactive Investor's.

Our experts rated the trading platform of Interactive Brokers as being of the same quality as the platform of Interactive Investor, found that clients have access to more markets and products with Interactive Brokers, while Interactive Investor provides less useful research and education.

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