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Compare Interactive Brokers vs Internaxx


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

Interactive Brokers vs Internaxx
overall rating
4.8 / 5.0
3.6 / 5.0
overall pros
  • Broad product portfolio
  • Low fees
  • Great and diverse research tools
  • Great research by Morningstar
  • Outstanding investment fund offering
  • Banking license and high investment protection
overall cons
  • Funding and withdrawal only through bank transfer
  • Complicated account opening process
  • Not user-friendly and complicated desktop trading platform
  • High fees
  • Slow and not fully digital account opening
  • Limited education materials
fees
4 stars
  • Low trading fees
  • Transparent fee structure
  • Inactivity fee
1 stars
  • Transparent fee structure
  • High trading fees
  • Inactivity fee
  • High financing rate
account opening
3 stars
  • Fully digital account opening
  • No minimum deposit for most accounts
  • Slow account opening
  • Not user-friendly
  • Confusing messages throughout the process
1 stars
  • No minimum account balance
  • Slow account opening
  • Not fully digital
  • Not user-friendly
deposit and withdrawal
2 stars
  • Several account base currencies
  • No charge for the first withdrawal each month
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
3 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card deposit and withdrawal not available
web trading platform
4 stars
  • User-friendly
  • Clear fee report
  • Two-step (safe) login
  • Limited customizability (for charts, workspace)
3 stars
  • User-friendly
  • Innovative functions (i.e. Chatbot)
  • Looks nice
  • No two-step (safe) login
  • Limited order types
  • No order confirmation
mobile trading platform
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
3 stars
  • User-friendly
  • Good search function
  • Available in several languages
  • No two-step (safe) login
  • Limited order types
  • No order confirmation
desktop trading platform
3 stars
  • Good variety of order types
  • Two-step (safe) login
  • Price alerts
  • Not user-friendly
  • Poor search function
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markets and products
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
2 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Options
  • Futures
  • CFD
  • Crypto
research
4 stars
  • Good quality news flow
  • Good set of analytical tools
  • Fundamental data available
  • Not user-friendly
4 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
customer service
4 stars
  • Live chat
  • Fast response time
  • Relevant answers
  • Email ticketing looks like from the 90's
4 stars
  • Fast response time
  • Relevant answers
  • Available in local languages
  • No live chat
education
5 stars
  • Demo account
  • Educational videos
  • Good production quality
  • Courses only available to members
1 stars
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Not listed on stock exchange
recommended for Traders who prefer low fees and a professional trading environment Buy and hold investors with bigger amounts to invest