Written by StockBrokers.com
In this head to head comparison of Interactive Investor vs Webull, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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, Webull 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 Investor would cost £79.83 per year, while Webull would cost 0.025% of trade value per year.
12 trades per year - Interactive Investor would cost £59.88 / £107.76 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - Interactive Investor would cost £59.88 / £203.52 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - Interactive Investor would cost £59.88 / £538.68 per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - Interactive Investor would cost £0 per year, while Webull would cost £0 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Interactive Investor and Webull provide platforms for UK investors to engage in share trading. However, when it comes to the diversity of investment choices, Interactive Investor significantly outshines Webull. While both companies do not offer crypto trading, spread betting, or CFD trading, Interactive Investor allows for trading in ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts, whereas Webull does not support these options. This broader range of investment opportunities contributes to Interactive Investor's high ratings of 5 stars by UK.StockBrokers.com, ranking them third out of 18 brokers for investment choices.
On the other hand, Webull's limited offerings result in a more moderate score of 3 stars, placing them at the 21st position for investment choices according to UK.StockBrokers.com. Neither Interactive Investor nor Webull provide advisor services, keeping their focus strictly on self-directed investing. While both platforms cater to share trading needs, Interactive Investor's expansive range of investment options may appeal more to UK investors seeking diverse financial instruments beyond basic share trading.
| Feature |
Interactive Investor
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | No |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
For UK traders comparing online brokers, Interactive Investor and Webull both provide some robust features, yet they have notable distinctions. Both brokers allow traders to display corporate events such as earnings, splits, and dividends directly on their charts, and they also offer the ability to add notes, stock overlays, and create alerts for stock price updates. Additionally, each platform provides real-time market data and is accessible through a browser-based trading platform. However, when it comes to charting tools, Interactive Investor stands out with more options; it offers an impressive 18 drawing tools and 104 technical indicators compared to Webull's 17 drawing tools and 12 technical indicators. Furthermore, Interactive Investor enables users to add index overlays to charts, a feature that Webull lacks.
In deciding between these two platforms, UK investors may appreciate Interactive Investor's extra charting capabilities, especially those who heavily rely on technical analysis. Webull, despite having fewer charting options, remains a competitive choice with essential features that cater to those who prefer a more streamlined approach. Ultimately, both platforms cater to various trading styles, but Interactive Investor offers a more extensive set of tools for those looking to dive deeper into market analysis.
| Feature |
Interactive Investor
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 104 | 12 |
| Charting - Drawing Tools | 18 | 17 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | Yes | Yes |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | Yes | No |
When comparing retirement account options between Interactive Investor and Webull, UK investors will find distinct differences. Interactive Investor caters well to UK residents by offering both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), which are popular choices for tax-efficient savings and retirement planning. In contrast, Webull does not offer ISAs or SIPPs, focusing instead on other types of investment accounts. This makes Interactive Investor a more suitable choice for those specifically looking for UK-based retirement accounts like ISAs and SIPPs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors comparing mobile trading platforms, both Interactive Investor and Webull offer user-friendly apps available on iPhone and Android devices. According to UK.StockBrokers.com, both platforms achieve an impressive rating of 4.5 stars for their mobile apps. In a ranking of 18 brokers for mobile app performance, Interactive Investor claims the 7th spot, slightly ahead of Webull, which is ranked 8th. This suggests that while both apps provide excellent trading experiences, Interactive Investor has a slight edge in overall ranking, making it a slightly more favourable option for mobile-based trading.
Dive deeper: Best Stock Trading Apps UK.
When comparing educational resources for beginner investors, Interactive Investor and Webull offer different advantages. Interactive Investor shines with client webinars available live and on-demand, covering essential topics like share trading, funds, and retirement. This comprehensive approach is well-received, earning them a UK.StockBrokers.com rating of 5 stars and a strong ranking of 2nd out of 18 brokers. In contrast, while Webull provides educational content on share trading and funds, it lacks webinars and retirement insights. This limits their appeal to UK beginners, reflecting their 3.5-star rating and a lower 19th ranking by UK.StockBrokers.com.
| Feature |
Interactive Investor
|
Webull
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | Yes |
| Education (Retirement) | Yes | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Interactive Investor and Webull, UK investors will find that Interactive Investor provides a more comprehensive suite of tools. Interactive Investor offers research reports for funds and gives users the ability to view portfolio allocation by asset class, features that Webull does not provide. For those interested in shares, both platforms offer research; however, Interactive Investor also extends its research offerings to ETFs, funds, and bonds, areas where Webull falls short. Neither platform provides research on CFDs, but overall, Interactive Investor stands out for UK investors seeking extensive market research capabilities.
| Feature |
Interactive Investor
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | No |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Interactive Investor or Webull? After collecting more than 900 data points over a 10-week period, we found Interactive Investor to be a better trading platform overall.
The standout feature at Interactive Investor (ii) is its low flat-rate fees. Other investment platforms typically favour percentage fees for fund investing, although more brokers are now opting for flat fees. Our view is that Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.
| Feature |
Interactive Investor
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Webull
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While both Interactive Investor and Webull provide robust online brokerage services, neither platform currently offers crypto trading options.
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0 of 5| Overall Rating | Interactive Investor | Webull | |
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| Review | Interactive Investor Review | Webull Review | |
| Winner | check_circle |
| Investments | Interactive Investor | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | Interactive Investor | Webull | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £3.99 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £3.99 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £3.99 | 0.025% | |
| 5 trades per year (£30k portfolio) | £79.83 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £59.88 / £107.76 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £59.88 / £203.52 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £59.88 / £538.68 | 0.025% of trade value | |
| 3 fund trades per year (£30k portfolio) | £71.85 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £59.88 - £143.88 | £0 | |
| Annual Custody Fee: £250K-£500K | £143.88 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £143.88 | £0 | |
| Annual Custody Fee: £1m and over | £143.88 | £0 | |
| Bonds - Corporate - Fee | £3.99 | N/A | |
| Bonds - Government (Gilts) - Fee | £3.99 | N/A | |
| ETFs - Fee | £3.99 | N/A | |
| Investment Trusts - Fee | £3.99 | N/A | |
| Telephone Dealing Fee | £49 | N/A |
| Broker Screenshots | Interactive Investor | Webull | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Interactive Investor | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 104 | 12 | |
| Charting - Drawing Tools | 18 | 17 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | Yes | Yes | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes | No |
| Research | Interactive Investor | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Interactive Investor | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | Yes | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Interactive Investor | Webull | |
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| Review | Interactive Investor Review | Webull Review | |
| Winner | check_circle |
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