Interactive Brokers vs Quantower

Struggling to choose between Interactive Brokers and Quantower? 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, Quantower is a Finance product tagged with charting, technical-analysis, day-trading, scalping.

Its standout features include Advanced charting, Level 2 quotes, Over 100 technical indicators, News feeds, Screening and scanning, Fast trade execution, Customizable workspace, Automated trading, and it shines with pros like Powerful charting capabilities, Low latency order execution, Support for multiple asset classes, Customizable layouts and workspaces, Large library of indicators, Built-in screening and scanning.

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

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:
brokerage stocks options futures forex trading

Interactive Brokers Features

  1. Comprehensive trading platforms
  2. Access to global markets
  3. Low commissions
  4. Margin trading
  5. Short selling
  6. Automated trading
  7. Mobile app

Pricing

  • Subscription-Based
  • Pay-As-You-Go

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


Quantower

Quantower

Quantower is an advanced charting and trading platform designed for day traders, scalpers and analysts. It allows fast order execution, level II quotes, advanced charts with over 100 indicators, news feeds and screening.

Categories:
charting technical-analysis day-trading scalping

Quantower Features

  1. Advanced charting
  2. Level 2 quotes
  3. Over 100 technical indicators
  4. News feeds
  5. Screening and scanning
  6. Fast trade execution
  7. Customizable workspace
  8. Automated trading

Pricing

  • Free trial
  • Monthly subscription
  • Annual subscription
  • Lifetime license

Pros

Powerful charting capabilities

Low latency order execution

Support for multiple asset classes

Customizable layouts and workspaces

Large library of indicators

Built-in screening and scanning

Cons

Steep learning curve

Limited customer support options

Data feeds require additional purchase

Lacks some features of larger platforms