Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against RBC Direct Investing!
Last update of data—Dec 2022
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.
RBC Direct Investing is a Canadian stockbroker regulated by the top-tier IIROC.
Recommended for traders looking for broad market access and a professional trading environment.
Recommended for investors, including beginners, focusing on the Canadian and US 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.
RBC Direct Investing
RBC Direct Investing is a Canadian stockbroker regulated by the top-tier IIROC.
Recommended for investors, including beginners, focusing on the Canadian and US markets.
Interactive Brokers's service is slightly better than RBC Direct Investing's and a comparison of their fees shows that Interactive Brokers's fees are slightly lower than RBC Direct Investing's.
Account opening takes somewhat more effort at Interactive Brokers compared to RBC Direct Investing, deposit and withdrawal processes are somewhat easier at Interactive Brokers, while customer service quality is somewhat lower than RBC Direct Investing's.
Our experts rated the trading platform of Interactive Brokers as better than the platform of RBC Direct Investing, found that clients have access to much more markets and products with Interactive Brokers, while RBC Direct Investing provides just about the same quality of research and education.
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.
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