Interactive Brokers vs Freetrade

Struggling to choose between Interactive Brokers and Freetrade? Both products offer unique advantages, making it a tough decision.

Interactive Brokers is a Business & Commerce solution with tags like brokerage, stocks, options, futures, forex, trading.

It boasts features such as Comprehensive trading platforms, Access to global markets, Low commissions, Margin trading, Short selling, Automated trading, Mobile app and pros including Very low trading commissions, Excellent trading platforms and tools, Access to many global markets, Good margin rates, Good customer service.

On the other hand, Freetrade is a Finance product tagged with stock-trading, zero-commission, us-stocks, etfs, mobile-investing.

Its standout features include Commission-free stock, ETF and fractional share trading, Access to UK, US and European markets, Intuitive mobile app interface, Beginner-friendly, ISA and SIPP accounts available, and it shines with pros like No trading commissions, Easy to use interface, Access to US stocks and ETFs, Fractional share trading available, Good for new investors.

Feature	Interactive Brokers	Freetrade
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Finance

Product Overview

Interactive Brokers

Description: Interactive Brokers is an online brokerage firm that provides trading services for stocks, options, futures, forex, bonds, and funds worldwide. It is known for low trading commissions and advanced trading platforms.

Freetrade

Description: Freetrade is a UK stock trading app launched in 2018 that offers zero-commission trades and easy access to US stocks and ETFs. It has a simple, user-friendly interface aimed at new investors.

Key Features Comparison

Interactive Brokers Features

• Comprehensive trading platforms
• Access to global markets
• Low commissions
• Margin trading
• Short selling
• Automated trading
• Mobile app

Freetrade Features

• Commission-free stock, ETF and fractional share trading
• Access to UK, US and European markets
• Intuitive mobile app interface
• Beginner-friendly
• ISA and SIPP accounts available

Pros & Cons Analysis

Interactive Brokers

Pros

• Very low trading commissions
• Excellent trading platforms and tools
• Access to many global markets
• Good margin rates
• Good customer service

Cons

• Website and platforms can be complex for new users
• High minimum deposit
• Limited research and education resources
• No fractional share trading

Freetrade

Pros

• No trading commissions
• Easy to use interface
• Access to US stocks and ETFs
• Fractional share trading available
• Good for new investors

Cons

• Limited research and analysis features
• Only available on mobile
• Limited selection of assets
• No advanced trading options
• Slow customer support

Pricing Comparison

Interactive Brokers

• Subscription-Based
• Pay-As-You-Go

Freetrade

• Freemium