Interactive Brokers Vs. Trading 212 - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Interactive Brokers is a global brokerage founded in 1978 that holds 11+ high tier financial licenses and provides discounted electronic trading services in nearly all the globe with access to more than 100,000+ financial instruments.

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

• Seasoned investors looking for a one-stop shop to cover a variety of needs
• Global investors who seek the most reliable discount service available
• Traders from intermediate to advanced level

• Passive investors looking to buy stocks or ETFs with their investing account
• Traders of all levels of experience looking to trade CFDs on shares

• SEC (United States)
• FINRA (United States)
• FCA (United Kingdom)
• ASIC (Australia)
• IIROC (Canada)
• MNB (Hungary)
• BSE (India)
• CBI (Ireland)
• FSA (Japan)
• CSSF (Luxembourg) CSSF
• MAS (Singapore)

• FCA (UK)
• CySec (Cyprus)
• FSC (Bulgaria)

• High regulation
• Exceptional number of investment instruments (Above 100,000+)
• Competitive discount fees

• Broad asset offering in their investing account (more than 10,000 assets)
• Friendly, smooth and simple proprietary platforms (both web and mobile)
• Great spreads on stocks and no commissions on investing accounts

• Complicated account opening process
• Platforms are not beginner friendly
• Narrow choice of deposit options (Mostly bank transfers)

• Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
• Asides from stocks, their asset offering lacks variety
• Very high forex spreads (1.4 Pips on EUR/USD)

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Bank Transfer
• ACH (US only)
• Check (US only)
• Debit Card (US only)
• BPAY (Australia only)

• Visa
• Mastercard
• Bank Transfer
• Paypal
• Neteller
• Skrill
• iDeal
• Apple Pay

AF, SY, SO, SD, LY, NG, BI.

US, CA.

One free withdrawal per month, subsequent are $10 per withdrawal or equivalent

Commissions depend on market and residency:

• US residents are eligible for zero commission US stock trading. Else, for US stocks it is $0.005/share with a minimum $1 and maximum 1% of the trade value.
• European stocks have €3 minimum and 0.05% trade value.
• Forex commissions are volume based starting at 0.20 basis points of trade value or $2 minimum per trade, and going low as 0.08 basis points and $1.
• Options start at $0.25 per contract and go as low as $0.15 per contract.
• Futures start at $0.85 per contract and go as low as $0.25 per contract