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Interactive Brokers vs Interactive Investor 2023

StockBrokers.com

Written by StockBrokers.com

November 17, 2022

Is Interactive Brokers better than Interactive Investor? After scoring the best share dealing accounts across 46 different variables, Interactive Brokers is better than Interactive Investor. Professional traders are brilliantly serviced with the tools and capabilities of Interactive Brokers. Less-experienced traders benefit from the low commissions and excellent research available in the web-based Client Portal platform.

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Overall RatingInteractive BrokersInteractive Investor
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 3/5 Stars
Research 5/5 Stars 3.5/5 Stars
Ease of Use 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Review Interactive Brokers Review Interactive Investor Review
Winner check_circle
InvestmentsInteractive BrokersInteractive Investor
ISA Yes Yes
SIPP Yes Yes
Share Trading Yes Yes
CFD Trading Yes No
Funds Yes Yes
ETFs Yes Yes
Bonds - Corporate Yes Yes
Bonds - Government (Gilts) Yes Yes
Investment Trusts Yes Yes
Spread Betting Yes No
Crypto Trading Yes No
Advisor Services No No
Trading FeesInteractive BrokersInteractive Investor
Minimum Deposit £0.0 £0.0
Share Trading: 0-9 Deals/ Month £3 £5.99 (Investor Plan)
Share Trading: 10-19 Deals/ Month £3 £3.99 (Super Investor Plan)
Share Trading: 20+ Deals/ Month £3 £3.99 (Super Investor Plan)
5 trades per year (£30k portfolio) £15 £119.88
12 trades per year (£30k portfolio) £36 £119.88
36 trades per year (£30k portfolio) £108 £263.64 (investor) 287.76 (Super Investor)
120 trades per year (£30k portfolio) £360 £766.8 (investor) 622.92 (Super Investor)
3 fund trades per year (£30k portfolio) £24.75 £119.88
Annual Custody Fee: £0 - £250,000 0% £119.88 (Investor Plan - £9.99 monthly)
Annual Custody Fee: £250K-£500K 0% £119.88
Annual Custody Fee: £500,000 - £1m 0% £119.88
Annual Custody Fee: £1m and over 0% £119.88
Bonds - Corporate - Fee 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) £40 (when trade value is above £100,000)
Bonds - Government (Gilts) - Fee 0.1% (2 euro min) £40 (when trade value is above £100,000)
ETFs - Fee £3 £5.99 (Investor Plan)
Investment Trusts - Fee £4.95 £5.99 (Investor Plan)
Telephone Dealing Fee 30 USD £49
Platforms & ToolsInteractive BrokersInteractive Investor
Web Platform Yes Yes
iPhone App Yes Yes
Android App Yes Yes
Stock Alerts Yes Yes
Charting - Indicators / Studies 98 104
Charting - Drawing Tools 84 16
Charting - Notes Yes No
Charting - Display Corporate Events Yes Yes
Charting - Stock Overlays Yes Yes
Charting - Index Overlays Yes Yes
ResearchInteractive BrokersInteractive Investor
Research - Shares Yes Yes
Research - CFDs Yes No
Research - Funds Yes Yes
Fund Research - Research Reports No Yes
Research - ETFs Yes Yes
Research - Bonds Yes No
Portfolio Allocation Breakdown Yes Yes
EducationInteractive BrokersInteractive Investor
Has Education - Share Trading Yes Yes
Has Education - Funds No Yes
Has Education - Retirement Yes Yes
Client Webinars Yes No
Client Webinars (Archived) Yes No
Overall SummaryInteractive BrokersInteractive Investor
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 3/5 Stars
Research 5/5 Stars 3.5/5 Stars
Ease of Use 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Review Interactive Brokers Review Interactive Investor Review
Winner check_circle
  • check_box_outline_blankcheck_boxAJ Bell
  • check_box_outline_blankcheck_boxBarclays
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxDEGIRO
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFreetrade
  • check_box_outline_blankcheck_boxHalifax
  • check_box_outline_blankcheck_boxHargreaves Lansdown
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxInteractive Investor
  • check_box_outline_blankcheck_boxLloyds Bank
  • check_box_outline_blankcheck_boxSaxo Markets
  • check_box_outline_blankcheck_boxTrading 212
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Interactive Brokers vs Interactive Investor Comparison

For our 2022 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.

5 trades per year - Interactive Brokers would cost £15 per year, while Interactive Investor would cost £119.88 per year.

12 trades per year - Interactive Brokers would cost £36 per year, while Interactive Investor would cost £119.88 per year.

36 trades per year - Interactive Brokers would cost £108 per year, while Interactive Investor would cost £263.64 (investor) 287.76 (Super Investor) per year.

120 trades per year - Interactive Brokers would cost £360 per year, while Interactive Investor would cost £766.8 (investor) 622.92 (Super Investor) per year.

3 fund trades per year - Interactive Brokers would cost £24.75 per year, while Interactive Investor would cost £119.88 per year.

Which broker offers a wider range of investment options?

Interactive Brokers offers investors access to ISA, SIPP, Share Trading, CFD Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts), Investment Trusts, Spread Betting and Crypto Trading, while Interactive Investor offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, neither have Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which broker 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 website, trading platform, trading tools and stock trading app. All features compared, Interactive Brokers offers a better share dealing platform and Interactive Brokers offers a better stock app for mobile trading.

Overall winner: Interactive Brokers

Read Next: Best UK Trading Platforms 2022


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