Compare Interactive Brokers vs Passfolio


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

Interactive Brokers vs Passfolio
overall rating
4.9
4.1
overall pros
  • Low trading fees
  • Wide range of products
  • Many great research tools
  • Free US stock and ETF trading
  • Great mobile platform
  • Fast and fully digital account opening
overall cons
  • Complicated account opening process
  • Complex desktop trading platform
  • High inactivity fee
  • Limited product portfolio focusing on US markets
  • Deposit is not user-friendly
  • Missing web and desktop platforms
fees
4.0
  • Low trading fees
  • Free stock and ETF trading for US clients
  • Low margin rates
  • Inactivity fee
5.0
  • Free stock and ETF trading for products priced above $5
  • No account opening and maintenance fees
account opening
3.4
  • Fully digital
  • No minimum deposit for most account types
  • Not user-friendly
  • Confusing messages throughout the process
5.0
  • Fully digital
  • No minimum deposit
  • Verification in 15 minutes
  • Verification can be buggy on desktop
deposit and withdrawal
3.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
1.5
  • No deposit fee
  • Credit/Debit card not available
  • Only one account base currency
  • Not user-friendly
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
4.2
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • Limited order types
  • No price alerts
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
2.0
  • Stock
  • ETF
  • Crypto
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
1.5
  • User-friendly
  • Limited interactive charting
  • No trading ideas
  • No fundamental data available
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.5
  • Relevant answers
  • Fast email support
  • No 24/7 support
  • Couldn't reach phone support on multiple occasions
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
2.5
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders looking for low fees and a professional trading environment Beginners and long-term investors focusing on the US stock market
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