Interactive Brokers vs MetaTrader
Struggling to choose between Interactive Brokers and MetaTrader? 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, MetaTrader is a Finance product tagged with forex, stocks, technical-analysis, charting.
Its standout features include Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS), and it shines with pros like User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.
To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.
Interactive Brokers
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.
Categories:
Interactive Brokers Features
- Comprehensive trading platforms
- Access to global markets
- Low commissions
- Margin trading
- Short selling
- Automated trading
- Mobile app
Pricing
- Subscription-Based
- Pay-As-You-Go
Pros
Cons
MetaTrader
MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).
Categories:
MetaTrader Features
- Advanced charting tools
- Algorithmic trading
- Backtesting capabilities
- Expert Advisors (EAs)
- Virtual Private Servers (VPS)
Pricing
- Free
- Subscription-Based