 |  On website |
|---|---|
| Overview | |
| Description | |
| Widely used trading platform with a broad range of assets and international market access. | Advanced trading platform for experienced traders. Access to global markets. |
| Basics | |
| Account Funding Options | |
| Bank transfer, BPAY | Bank transfer, BPAY |
| Advisory Services | |
| Yes | Yes |
| Apps | |
| Android, iOS | Android, iOS |
| CHESS Sponsored | |
| Yes | No |
| Minimum Deposit | |
| N/A | $100.00 |
| Minimum Trade | |
| $500 (share dealing) | $0 |
| Regulator | |
| ASIC | ASIC, FCA, CFTC, FINRA, MAS, SEC |
| Signup Bonus Gift | |
| None | None |
| Trading | |
| Copy Trading | |
| No | No |
| Crypto Trading | |
| No | No |
| cTrader Trading | |
| No | No |
| ETF Trading | |
| Yes | Yes |
| Forex Trading | |
| No | Yes |
| Fractional Share Trading | |
| No | Yes |
| Futures Trading | |
| No | Yes |
| International Markets Trading | |
| Yes | Yes |
| MetaTrader 4 Trading | |
| No | No |
| MetaTrader 5 Trading | |
| No | No |
| Mutual Funds Trading | |
| No | Yes |
| Options Trading | |
| Yes | Yes |
| OTCBB / Pink Sheets | |
| No | Yes |
| Paper Trading | |
| No | Yes |
| Penny Share Trading | |
| Yes | Yes |
| Social Trading | |
| No | No |
| Share Trading | |
| Yes | Yes |
| Tradable Assets | |
| ETFs, Exchange Traded Options, Fixed Income, Hybrids, mFunds, REITs, Shares, Warrants | Bonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot gold |
| Tradable Markets | |
| ASX, DAX, HKEX, LSE, NASDAQ, NYSE | ASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and more |
| Fees | |
| Broker Assisted Trades Fee | |
| $59.95 | N/A |
| Brokerage Fee | |
| $14.50 | $1.00 |
| Domestic Wire Transfer Fee | |
| N/A | $0.00 |
| ETF Trade Fee | |
| $14.95 | $0.00 |
| Funds Withdrawal Fee (Partial) | |
| N/A | $0.00 |
| Funds Withdrawal Fee (Full) | |
| N/A | $0.00 |
| International Wire Transfer Fee | |
| N/A | $0.00 |
| Mutual Fund Trade Fee | |
| N/A | $15.00 |
| Options (Base Fee) | |
| $34.95 | N/A |
| Options (Per Contract Fee) | |
| N/A | N/A |
| Paper Confirmation Fee | |
| N/A | N/A |
| Paper Statement Fee | |
| $7.00 | N/A |
| Returned Wire Fee | |
| N/A | N/A |
| Spread | |
| N/A | varies |
| Stock Certificate Delivery Fee | |
| N/A | N/A |
| Stock Certificate Processing Fee | |
| $70.00 | N/A |
| Stock Trade Fee | |
| $14.95 | N/A |
| Order types | |
| Order Type (Contingent) | |
| Yes | Yes |
| Order Type (Limit) | |
| Yes | Yes |
| Order Type (Market) | |
| Yes | Yes |
| Order Type (One Cancels The Other) | |
| No | Yes |
| Order Type (One Triggers and One Cancels The Other) | |
| No | Yes |
| Order Type (Stop) | |
| Yes | Yes |
| Order Type (Trailing Stop) | |
| Yes | Yes |
| Customer service | |
| Email Support | |
| Yes | Yes |
| Live Chat Support | |
| No | No |
| Phone Support | |
| Yes | Yes |
Selfwealth vs Interactive Brokers
Written by
Bill Ryan Natividad
|
Verified by
David Boyd
Updated 14 Nov 2023
