Is ChoiceTrade better than Interactive Brokers? After scoring brokers on over 4,000 data points for our 2019 review, Interactive Brokers (80.99%) is better than ChoiceTrade (45.72%).
Best For Professionals - Open Account
Exclusive Offer: New clients that open an account today receive a special margin rate
While Interactive Brokers does offer a $0 trading account type (IBKR Lite), the broker is best known for its professional traders accounts (IBKR Pro), where Interactive Brokers offers per-share pricing ($.005 per share with a $1 minimum per trade), and charges up to $20 per month between two minimum activity fees. Traders who can meet its $100,000 minimum deposit for margin trading are rewarded with an industry-leading commissions schedule, margin rates, and full support for international trading.Read full review.
Founded in 2000, ChoiceTrade is an online broker that advertises unlimited free stock trades. Unfortunately, overall, ChoiceTrade provides customers a terrible all-around online investing experience not worth the hassle. Read full review.