Mitrade vs Interactive Investor

Mitrade vs Interactive Investor Comparison Table 2023
Mitrade Review 2023	Interactive Investor Review 2023
Review Not Yet Rated	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.	Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
Bonus Offer
$50 welcome bonus
Comment by Reviewer
	"Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
Pros
	FCA-regulated No minimum deposit 40,000+ stocks and shares Excellent market research User-friendly investment app Low fixed fees for large portfolios Multiple payment methods including bank cards Highly rated and trusted by 400,000 investors Less than 1 minute average wait time for customer support
Cons
	No free demo account No copy trading tools
Awards
	Investment Platform of the Year 2022 Best Low-cost SIPP 2022 Shareholder Rights Champion 2022 Best Low Cost Stockbroker 2022 Retail Investor Champion of the Year 2021 Best Low Cost Stockbroker 2021 Best Stocks and Shares ISA provider 2021 Best Stocks & Shares ISA Provider 2020 Best Stockbroker for International Dealing 2020
Instruments
Stocks, CFD, Forex, Crypto	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes	No
Minimum Deposit
$0	£0
Trading Platforms
Own	Own
Payment Methods
Credit Card Debit Card Mastercard POLi Skrill Visa Wire Transfer	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£25
Regulator
ASIC	FCA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	Ready-Made Portfolios
Copy Trading
No	No
Social Trading
No	No
Trade Signals
No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD AUD	GBP
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange	Dow Jones FTSE UK Index Nasdaq
CFD Trading
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.	CFD trading not offered
Leverage
1:30 (Retail), 1:250 (Pro)
FTSE Spread
3
GBPUSD Spread
1.5
Oil Spread
0.05
Stocks Spread
Variable
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.	Forex trading not offered
GBPUSD Spread
1.5
EURUSD Spread
1
EURGBP Spread
1.2
Assets
60
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar.	Crypto trading not offered
Spread
Variable
Coins
BTC BCH ETH LTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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