TradeDirect365 vs Interactive Investor

TradeDirect365 vs Interactive Investor Comparison Table 2023
TradeDirect365 Review 2023	Interactive Investor Review 2023
Review 3	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted
Founded by professional trader Davin Clarke in 2014, TradeDirect365 is registered in Australia to provide retail traders with half a thousand CFD products at competitive fees and leverage up to 1:30. The firm is regulated by the ASIC, which is a top-tier regulator and offers fee-free and fast deposit methods. A beginner-friendly web platform is available alongside the popular MT4.	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.
Comment by Reviewer
"TradeDirect365 is the best fit for Aussie traders due to the support for local payment methods, ASIC oversight, and competitive fees on Australian trading assets. TradeDirect365 will also suit beginners looking for a fixed-spread account, which can provide upfront transparency on trading fees."	"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
Full range of investments with a particularly strong suite of Australian stocks No minimum deposit makes the broker accessible to beginners Access to the MT4 desktop, web and mobile platform Low, fixed spreads that provide transparent costs Trusted broker regulated by the ASIC Free demo account	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
CloudTrader has an outdated interface Market research trails the best brokers No copy trading service	No free demo account No copy trading tools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
CFDs, Stocks, Indices, Forex, Commodities, Cryptocurrencies	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes	No
Minimum Deposit
$0	£0
Trading Platforms
MT4	Own
Payment Methods
Credit Card Debit Card POLi TransferWise Wire Transfer	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£25
Regulator
ASIC, SCB	FCA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
Yes	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
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Ready-Made Portfolios
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MT4
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$0	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP AUD	GBP
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	Dow Jones FTSE UK Index Nasdaq
Commodities
Aluminium Copper Gold Oil Silver Zinc
CFD Trading
Our team was impressed with the range and depth of CFD products available, with more than 500 instruments available on both MT4 and the firm's proprietary CloudTrader. You can go long or short on forex, stocks, indices, commodities and cryptos.	CFD trading not offered
Leverage
1:200
FTSE Spread
0.4
GBPUSD Spread
0.8
Oil Spread
3.0
Stocks Spread
0.14% (Aus)
Forex Trading
TradeDirect365 offers 30 forex pairs with fixed spreads from 0.6 pips on the AUD/USD and EUR/USD. Retail investors can trade forex with 1:30 leverage and pro traders with 1:200 leverage.	Forex trading not offered
Forex App
TradeDirect365 offers the CloudTrader app. The beginner-friendly application is available on Apple and Android devices and offers one-click trading, customizable charts, and basic account management.
GBPUSD Spread
0.8
EURUSD Spread
0.6
EURGBP Spread
0.6
Assets
30+
Cryptocurrency
DeFi enthusiasts can trade 10 different tokens at TradeDirect365, including Bitcoin and Ethereum. These instruments are available with both of the firm's supported platforms at competitive prices. You can trade crypto 24/7.	Crypto trading not offered
Spread
From 1
Coins
BTC ADA DASH EOS ETH LTC NEO XLM TRX
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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TradeDirect365 vs	Interactive Investor vs