Interactive Brokers vs tradeMONSTER 2013 Review
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Featured
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| Open Account |
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| Current Offers | Trade on over 100 market centers in 19 countries - Learn More | Special Offer: Trade free for 30 days - Learn More |
| Broker Reviews | Read full review › | Read full review › |
Fees |
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| Flat-Fee Trade Plan* | N/A | $7.50 |
| Per-Share Trade Plan | $0.0050 | N/A |
| Mutual Fund Trade Fee* | $14.95 | $15.00 |
| Options Trade Base | $0.00 | $0.00 |
| Options Per Contract | $0.70 | $0.50 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| Broker Assisted Trades | $100.00 | $15.00 |
| Minimum Deposit | $10,000.00 | $2,000.00 |
2013 Review Ratings |
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| Investment Offering |
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| Education |
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| Mobile Trading |
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Account Features |
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| Virtual Trading |
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| No Minimum Deposit | ||
| No Maintenance Fees |
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| No-Fee IRAs |
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| Online Trader Community | ||
| Investment Education |
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| Live Seminars |
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Mobile Trading |
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| iPhone App |
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| iPad App |
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| BlackBerry App |
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| Android App |
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| Mobile Site |
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Trade Types |
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| Stock Trading |
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| Options Trading |
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| Mutual Funds |
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| FOREX Trading |
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| Futures Trading |
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Banking Features |
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| Mortgage Loans | ||
Margin Rates |
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| Under $25k | 1.66% | 6.25% |
| $25k to $49k | 1.66% | 5.75% |
| $50k to $99k | 1.66% | 5.25% |
| $100k to $249k | 1.16% | 4.75% |
| $250k to $499k | 1.16% | 3.75% |
| $500k to $999k | 1.16% | 3.75% |
| Above $1,000,000 | 0.66% | 2.75% |
Recap |
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| Open Account |
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| Current Offers | Trade on over 100 market centers in 19 countries - Learn More | Special Offer: Trade free for 30 days - Learn More |
| Broker Reviews | Read full review › | Read full review › |
tradeMONSTER vs Interactive Brokers
StockBrokers.com 2013 review compares Interactive Brokers vs tradeMONSTER. Compare Interactive Brokers and tradeMONSTER trade commissions, fees and overall broker ratings by using the chart above. Is Interactive Brokers or tradeMONSTER a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
There is a very large price difference of $8.50 per stock trade between tradeMONSTER and Interactive Brokers. tradeMONSTER's per trade stock price of $7.50 is significantly greater than Interactive Brokers's per trade stock price of $-1.00. Interactive Brokers ($14.95) has minimal mutual fund trade commission savings when compared to tradeMONSTER ($15.00). The small amount of $[PerTradeMutualFundFeeDifference] would only be pertinent for high volume trading which is very uncommon with mutual funds specifically.
The "Overall" ratings for Interactive Brokers and tradeMONSTER are equally matched at 4 stars.
Both Interactive Brokers and tradeMONSTER have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Interactive Brokers and tradeMONSTER to download on iTunes.
