Interactive Brokers vs Freetrade

Interactive Brokers vs Freetrade Comparison Table 2021
Interactive Brokers Freetrade
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. Freetrade offers an exclusive mobile app for trading in shares and ETFs with a strong online community.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Online Trading Platform 2020 - British Bank Awards
Best Share Trading Platform 2019 - British Bank Awards
People’s Choice 2019 - Good Money Guide
Best New Investment Service 2019 - Consumer Investment Awards
Bonus
None None
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Stocks, ETFs
Demo Account
Yes No
Minimum Deposit
$10000 $0
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, Mastercard, Samsung Pay Apple Pay, Wire Transfer
Minimum Trade
$100 £2
Regulator
SEC, FCA FCA
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
? ?
Trade Signals
? ?
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
CFD trading not offered
Leverage
1:50 Var
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
Forex
Forex trading not offered
GBPUSD Spread
Commission (.20 pts x trade value)
EURUSD Spread
Commission (.20 pts x trade value)
EURGBP Spread
Commission (.20 pts x trade value)
Assets
70+
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP