Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare Interactive Brokers vs Just2Trade.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade charges more than Interactive Brokers for placing regular stock trades ($2.50 and $0 (the broker charges a per share rate instead), respectively). For options trading, Just2Trade has a base fee of $2.50, and Interactive Brokers a base fee of $0. Each option contract then costs $0.70 at Interactive Brokers and $0.50 at Just2Trade. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Interactive Brokers and Just2Trade provide clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Interactive Brokers boasts an offering of 10051 mutual funds compared to Just2Trade's 3000 available funds. Commission free ETFs can also be valuable for customers, Interactive Brokers offers 45 commission free ETFs versus Just2Trade's total of 0.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Both Interactive Brokers and Just2Trade offer virtual trading. Taking a look at mobile trading, Just2Trade offers the iPhone App and Android App while Interactive Brokers offers the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Debit Cards are available to clients of Interactive Brokers while Just2Trade offers customers none of these. On the whole, when it comes to tools, research, and mobile trading, Interactive Brokers finished with awards Best in Class - Mobile Trading, while Just2Trade came up with none of these.
Overall, Interactive Brokers takes the upper hand with 4.50 stars over Just2Trade's 2.50 stars.