Selfwealth vs Interactive Brokers

By   |   Verified by David Boyd   |   Updated 14 Nov 2023

nabtrade
Interactive Brokers

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, BPAYBank transfer, BPAY
Advisory Services
YesYes
Apps
Android, iOSAndroid, iOS
CHESS Sponsored
YesNo
Minimum Deposit
N/A$100.00
Minimum Trade
$500 (share dealing)$0
Regulator
ASICASIC, FCA, CFTC, FINRA, MAS, SEC
Signup Bonus Gift
NoneNone
Trading
Copy Trading
NoNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoYes
Fractional Share Trading
NoYes
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoYes
Options Trading
YesYes
OTCBB / Pink Sheets
NoYes
Paper Trading
NoYes
Penny Share Trading
YesYes
Social Trading
NoNo
Share Trading
YesYes
Tradable Assets
ETFs, Exchange Traded Options, Fixed Income, Hybrids, mFunds, REITs, Shares, WarrantsBonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot gold
Tradable Markets
ASX, DAX, HKEX, LSE, NASDAQ, NYSEASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and more
Fees
Broker Assisted Trades Fee
$59.95N/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)
$34.95N/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$7.00N/A
Returned Wire Fee
N/AN/A
Spread
N/Avaries
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
$70.00N/A
Stock Trade Fee
$14.95N/A
Order types
Order Type (Contingent)
YesYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoYes
Order Type (One Triggers and One Cancels The Other)
NoYes
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
YesYes
Customer service
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesYes