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Interactive Brokers vs Interactive Investor 2020
Your capital is at risk.
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Overall Rating
| Feature | Interactive Brokers | Interactive Investor |
| Overall | ||
| Interactive Brokers Review | Interactive Investor Review |
Trading Fees
| Feature | Interactive Brokers | Interactive Investor |
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Share Trading: 0-9 Deals/ Month |
(trade value x .0005) | £7.99 |
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Share Trading: 10-19 Deals/ Month |
(trade value x .0005) | £3.99 |
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Share Trading: 20+ Deals/ Month |
(trade value x .0005) | £3.99 |
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Annual Custody Fee: £0 - £250,000 |
0% | £119.88 (£9.99 monthly) |
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Bonds - Government (Gilts) - Fee |
0.1% (2Euro min) | £40.00 |
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ETFs - Fee |
(trade value x .0005) | £7.99 |
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Investment Trusts - Fee |
£4.95 | £7.99 |
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Telephone Dealing Fee |
N/A | £49.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Interactive Brokers | Interactive Investor |
|
Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
137 | 11 |
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Charting - Drawing Tools |
9 | 0 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
Yes | Yes |
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Charting - Stock Overlays |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Interactive Brokers | Interactive Investor |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | No |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Interactive Brokers | Interactive Investor |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
Yes | No |
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Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Interactive Brokers | Interactive Investor |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
Yes | Yes |
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Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | No |
| Education |
Overall
| Feature | Interactive Brokers | Interactive Investor |
| Interactive Brokers Review | Interactive Investor Review | |
| Overall | ||
| Winner | check_circle |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Interactive Brokers vs Interactive Investor.
Which broker is less expensive?
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Interactive Brokers offers better pricing than Interactive Investor for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
1 Trade Per Month - Interactive Investor is cheaper. Interactive Investor would only cost £119.80 each year while Interactive Brokers would cost £132.00.
3 Trades Per Month - Interactive Brokers is less expensive under this scenario. Interactive Brokers would cost £156.00 per year while Interactive Investor would cost £287.76.
10 Trades Per Month - Interactive Brokers is the better choice. Annual fees with Interactive Brokers would total £360.00, while annual fees with Interactive Investor would be £622.92.
20 Trades Per Month - Interactive Brokers costs less in this scenario. Total annual costs with Interactive Brokers would equal £660.00, while Interactive Investor would equal £1,101.72.
Which broker offers a wider range of investment options?
Interactive Brokers offers a more diverse selection of investment options than Interactive Investor. Interactive Brokers offers investors access to ETFs, Funds, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Which platform offers better research?
Our testing concluded that Interactive Brokers is better for research than Interactive Investor. Interactive Brokers offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both Interactive Brokers and Interactive Investor, we tested each broker's trading tools and share dealing app. All features compared, Interactive Brokers offers a better share dealing platform.
Overall, between Interactive Brokers and Interactive Investor, Interactive Brokers is the winner.
Interactive Brokers ReviewInteractive Investor Review
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- Interactive Investor vs. IG
- Interactive Investor vs. Saxo Markets
All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
