Comparing brokers side by side is no easy task. For our 2017 Broker Review, we assessed 16 brokers on 308 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. Just2Trade's per contract rate of $0.50 is less than Interactive Brokers which charges $0.70. 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, Just2Trade trails Interactive Brokers by 5,026 total mutual funds, with Interactive Brokers offering 8026 and Just2Trade offering 3000. Commission free ETFs can also be valuable for customers, with Interactive Brokers having the upper hand thanks to its 33 available commission free ETFs compared to Just2Trade's offering of 0.
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 supports the iPhone App and Android App while Interactive Brokers supports 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. Neither Interactive Brokers nor Just2Trade offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and mobile trading, Interactive Brokers posted awards Best in Class - Platforms & Tools and Best in Class - Mobile Trading in 2017, 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.