Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare Interactive Brokers vs Just2Trade to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing 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. Looking at trading options, Interactive Brokers's base fee is $0 while Just2Trade's is $2.50. Just2Trade's per contract rate of $0.50 is less than Interactive Brokers which charges $0.70. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. Interactive Brokers alongside Just2Trade offer clients Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade trails Interactive Brokers by 7,051 total mutual funds, with Interactive Brokers offering 10051 and Just2Trade offering 3000. And, commission free ETFs deserve a comparison, with Interactive Brokers having the upper hand thanks to its 45 available commission free ETFs compared to Just2Trade's offering of 0.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Interactive Brokers and Just2Trade both offer 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 customers, and multiple full-service brokerages provide these services. Debit Cards are offered by Interactive Brokers while Just2Trade offers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, Interactive Brokers posted awards Best in Class - Platforms & Tools and Best in Class - Mobile Trading in 2018, while Just2Trade found itself with none of these.
Overall, Interactive Brokers takes the upper hand with 4.00 stars over Just2Trade's 2.50 stars.