Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Interactive Brokers vs Just2Trade to determine which broker is better for you. Our database includes thousands of data points on everything from research to trading tools. Let's take a closer look at Interactive Brokers and Just2Trade.
First we will break down the commission charges of both brokers for placing stock and options trades. Just2Trade charges $2.50 per stock trade which is $2.50 more than Interactive Brokers which charges clients $0.00 (the broker charges a per share rate instead) per trade. With options, the base fees charged are $2.50 (Just2Trade) and $0.00 (Interactive Brokers). Contracts are pricier at Interactive Brokers, costing $0.70 versus $0.50 at Just2Trade, a difference of $0.20 per contract. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review
page, then scroll down to the "Commission Notes" section).
Trading fees aside, having access to trade what you want is also an important consideration. Interactive Brokers alongside Just2Trade offer clients Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Interactive Brokers offers its clients access to 8026 different mutual funds while Just2Trade has 3000 available funds, a difference of 5,026.00. And, commission free ETFs deserve a mention, with Just2Trade falling behind Interactive Brokers, offering 0 commission free etfs compared to Interactive Brokers's 33.
Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. Interactive Brokers alongside Just2Trade have virtual trading. For mobile trading, Just2Trade offers the iPhone App and Android App while Interactive Brokers offers the iPhone App, iPad App and Android App. Online banking is also used by many clients, and multiple brokerages provide these services. Banking is not popular with Interactive Brokers and Just2Trade as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable. All things considered, when it comes to platform tools, research, and trading via smartphone, Interactive Brokers was rated for Best in Class - Platforms & Tools and Best in Class - Mobile Trading in 2014, while Just2Trade was rated for none of these.
Overall, Interactive Brokers comes out on top with 4.00 stars over Just2Trade's 2.50 stars.