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 charges $2.50 per stock trade which is $2.50 more than Interactive Brokers which charges customers $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. 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 and Just2Trade provide clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Interactive Brokers offers its clients access to 10051 different mutual funds while Just2Trade has 3000 available funds, a difference of 7,051. 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 alongside Just2Trade 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 available to clients of Interactive Brokers while Just2Trade offers customers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, unfortunately, neither Interactive Brokers nor Just2Trade received awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Interactive Brokers boasts 4.50 stars versus Just2Trade's 2.50 stars.