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, with its regular stock trades costing $2.50, is more expensive than Interactive Brokers's rate of $0 (the broker charges a per share rate instead) per trade. 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 alongside Just2Trade offer clients 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, with Just2Trade falling behind Interactive Brokers, offering 0 commission free ETFs compared to Interactive Brokers's 45.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Interactive Brokers and Just2Trade both offer virtual trading. Taking a look at mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Interactive Brokers has an 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. Clients can have Debit Cards at Interactive Brokers while customers at Just2Trade can have 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 comes out on top with 4.50 stars over Just2Trade's 2.50 stars.