Trading 212 vs InteractiveBrokers

Trading 212
Interactive Brokers

Compare Trading 212 vs InteractiveBrokers Side by Side

Trying to choose between Trading 212 vs Interactive Brokers, but can’t decide which Broker is better Broker for your trading strategy? We made a detailed comparison between Trading 212 Review and Interactive Brokers Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeatureTrading 212Interactive Brokers
Website//www.trading212.com//www.interactivebrokers.co.uk
Founded year20061977
HeadquarterUKUSA
LicensesUK, BulgariaUSA, Canada, Australia, UK, Hong Kong, Japan
Minimum Deposit10 US$2000 US$
Trading PlatformsTrading 212 platformTWS, IB WebTrader
Eurusd avg Spread1.3 pips0.3 pips

Licenses

FeatureTrading 212Interactive Brokers
Licenses Countries Info (short)
  • FSC
  • FCA
  • ASIC
  • IIROC
  • SFC
  • JFSA
  • FCA
  • CFTC

Trading 212 vs InteractiveBrokers both regulated in the UK, both providing good transparency and customer protection and are legit to accept EU. However, InteractiveBrokers has an advantage here for holding other licenses from respected authorities in USA, Australia, Canada and Japan, increasing its traders audience and providing services in more regions.

Broker Types

FeatureTrading 212Interactive Brokers
Broker types
  • STP
  • NDD
  • ECN
  • NDD

Trading 212 is an STP/NDD Broker, which is better for price transparency, while Interactive Brokers is an ECN broker offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders.

Trading Conditions

FeatureTrading 212Interactive Brokers
Trading Conditions
  • beginners
  • floating spread
  • guaranteed stop loss
  • low spread
  • tight spread
  • hedging
  • beginners
  • commission
  • fixed spread
  • floating spread
  • tight spread
  • expert advisor

Trading 212 vs InteractiveBrokers both offer low and floating spreads and both are suitable for beginners, however, trading conditions offered by Trading 212 are definitely winning, as they include guaranteed stop loss and hedging, providing its traders with more trading possibilities.

Fees & Commissions

FeatureTrading 212Interactive Brokers
Inactivity Feemonth0 $0$
Deposit fee0 $0$
Withdrawal fee0 $0$
Rollover fee eurusd buy 1 lot-0.000151-1.5%
Rollover fee eurusd sell 1 lot0.000002+1.5%
Avg Eurusd standard acc1.3 pips0.3 pips
Gold1.131.5 bps
Brent oil4.80.05%
Bitcoin500.12-0.18%

Both Trading212 vs InteractiveBrokers offer relatively low trading fees, but there are brokers’ pricing models to consider. Interactive Brokers trading fees are based on charge of the commission per trade, hence the prices are quite competitive since does not include spreads and allows you easy calculation. 

Account Types

FeatureTrading 212Interactive Brokers
Account types
  • Standard Account
  • Standard Account

While both Trading 212 vs Interactive Brokers offer Standard accounts, Interactive Brokers have a slight advantage here for offering more than 10 account types based on traders needs and peculiarities, such as Family Accounts, Small Business Accounts, Proprietary Trading Group Accounts, etc.

Markets & Instruments

FeatureTrading 212Interactive Brokers
Forex160100+
Indices23✔️
Commodities26✔️
Cryptocurrencies164
Shares170070+
Bonds✔️
Options✔️
Binary options
Spread betting
Treasuries
Futures✔️
Etfs1000+13000

Trading instruments range offered by Interactive Brokers is more advanced as it also includes Options, Bonds and Futures. However, Trading 212 outnumbers InteractiveBrokers in offering more Cryptocurrencies and Shares.

Trading Platforms

FeatureTrading 212Interactive Brokers
Platforms
  • own platform
  • own platform
  • WebTrader

Trading 212 vs Interactive Brokers both have chosen to offer single proprietary platforms. Additionally, Interactive Brokers provides WebTarder platform.

Deposit & Withdrawal Methods

FeatureTrading 212Interactive Brokers
Payment methods
  • credit card
  • debit card
  • PayPal
  • skrill
  • CashU
  • Dotpay
  • GIROPAY
  • credit card
  • debit card
  • BPay

Both Trading 212 vs Interactive Brokers offer a wide range of payment methods. Interactive Brokers traders can perform deposits or withdraw funds through various options, including bank wire transfers, BPay, ACH Initiated, Canadian Bill and many more, while Trading 212 offers a bigger amount of e-wallet options.

Others

FeatureTrading 212Interactive Brokers
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/7 availability
  • Webinar
  • Video Tutorial
  • telephone
  • live chat

Both Trading 212 vs Interactive Brokers provide excellent customer support. As to the educational materials, both brokers stand out with strong professional interactive education, trading courses, webinars and numerous comprehensive materials.

Conclusion on Trading 212 vs Interactive Brokers

Concluding Trading 212 vs InteractiveBrokers comparison we found both brokers are reliable and trustworthy with solid international offers and well-regulated nature. The proposals of the brokers are great with low spreads and interesting trading conditions. However, InteractiveBrokers have certain advantages for offering a greater number of trading instruments and various account types that would suit different trader’s needs. Here is our final recommendation:

  • Trading 212 – 🥇 Best for Commission-free trading giving traders access to speculate on Shares fluctuations with no commission charges.
  • Interactive Brokers – 🥇 Best for Professional trading giving the advanced proposal and technological solutions for experienced and demanding traders.