Interactive Brokers vs Trading 212 2026
In this head to head comparison of Interactive Brokers vs Trading 212, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Interactive Brokers vs Trading 212, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Interactive Brokers, founded in 1977, is a publicly traded online broker; Trading 212, founded in 2004, is privately held. Neither company is a bank. Based on ForexBrokers.com’s Trust Score (out of 99), Interactive Brokers scores 99, which falls in the 90–99 range and is considered highly trusted, while Trading 212 scores 82, in the 80–89 range and considered trusted.
Looking at regulation, Interactive Brokers holds 8 Tier-1 licenses and 2 Tier-2 licenses, indicating extensive oversight by top-tier and trusted regulators. Trading 212 holds 3 Tier-1 licenses and 0 Tier-2 licenses. In general, more Tier-1 licenses can signal broader supervision and may boost confidence in a broker’s safety profile.
| Feature |
|
|
|---|---|---|
| Year Founded | 1977 | 2004 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 8 | 3 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Interactive Brokers (IBKR) uses a commission-based model for forex, while Trading 212 advertises zero-commission trading on CFDs and forex but earns through the spread. In Q3 2024, IBKR’s average EUR/USD spread was 0.19 pips, with an effective all-in cost of about 0.59 pips after commission. By contrast, Trading 212’s published average EUR/USD spread for April 2025 was 2.7 pips, which is well above the industry average and materially higher than IBKR’s all-in rate.
At IBKR, forex commissions start at 0.00002 of the USD trade value per side (minimum $2 per order, or $4 round turn), and can drop with very high monthly volumes. That translates to roughly 0.40 pips in commission on a $100,000 EUR/USD trade, plus the live spread. Because of the $2-per-side minimum, smaller trade sizes become proportionally more expensive, but active traders can qualify for lower minimums and tiered discounts. IBKR aggregates prices from 17 major interbank dealers and charges a transparent commission instead of marking up spreads. Trading 212’s pricing is simpler—no separate commission on CFDs and forex—but its wider spreads can make frequent trading costlier despite the zero-commission pitch.
Ratings and rankings: Interactive Brokers earns 5/5 stars for commissions and fees and ranks #2 out of 63 brokers at ForexBrokers.com. Trading 212 earns 4/5 stars and ranks #27 out of 63. For most forex traders seeking low all-in costs—especially on standard-lot or larger trades—IBKR is likely to be cheaper, while Trading 212 may appeal if you prefer spread-only pricing and a straightforward fee setup.
| Feature |
|
|
|---|---|---|
| Minimum Deposit | $0 | €1 |
| Average spread (EUR/USD) - Standard account | 0.226 | 2.7 |
| All-in Cost EUR/USD - Active | 0.226 | 2.7 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Interactive Brokers and Trading 212 each deliver a wide range of investments, earning 5 stars for Range of Investments. Interactive Brokers lists about 8,500 symbols, edging Trading 212’s roughly 7,868. For forex, both platforms support trading (via CFDs or spot, depending on the product), but the mix differs: Interactive Brokers offers 90 currency pairs, while Trading 212 offers 146.
Both brokers let you buy exchange-traded stocks on U.S. markets like NASDAQ and on international exchanges such as London. Neither offers copy trading. Their crypto access diverges: Interactive Brokers lets you buy actual cryptocurrencies, whereas Trading 212 offers crypto exposure only through CFDs (not direct coin purchases). Overall, Interactive Brokers ranks #1 out of 63 brokers for Range of Investments, while Trading 212 ranks #15.
| Feature |
|
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8500 | 7868 |
| Forex Pairs (Total) | 90 | 146 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | No | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Interactive Brokers and Trading 212 both provide free paper trading (demo) accounts and run their own proprietary trading platforms. Each offers a web-based platform and lets you place trades directly from charts. Neither broker supports copy trading, and neither offers MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Specific counts for built-in indicators and watchlist columns aren’t provided here.
For platform availability, Interactive Brokers adds a full Windows desktop download, while Trading 212 does not. In independent ratings for Trading Platforms and Tools, Interactive Brokers earns 5 stars and ranks #2 out of 63 brokers at ForexBrokers.com, whereas Trading 212 earns 4 stars and ranks #19 out of 63. If you want a desktop platform plus a powerful web experience, Interactive Brokers stands out; if you prefer a simpler, browser-first setup, Trading 212 may suit your needs.
| Feature |
|
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 155 | 54 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Interactive Brokers and Trading 212 both offer full-featured mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and keeps your watchlists in sync across mobile and your online account, so updates carry over wherever you log in.
For charting, Interactive Brokers lists 155 technical studies (indicators) versus Trading 212’s 104, and both apps let you draw trendlines. One key difference: Trading 212 autosaves your chart drawings, while Interactive Brokers does not. According to ForexBrokers.com, Interactive Brokers’ mobile app earns 5 stars and ranks #4 out of 63 brokers, while Trading 212 scores 4 stars and ranks #17. If you want more indicators and a higher-rated app, Interactive Brokers shines; if autosaving chart annotations matters more, Trading 212 may suit you better.
| Feature |
|
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 155 | 104 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
In this Interactive Brokers vs Trading 212 market research comparison, Interactive Brokers clearly offers more. It earns 5 out of 5 stars and ranks #3 out of 63 brokers for Research on ForexBrokers.com, while Trading 212 scores 3.5/5 and ranks #32. If you want the widest range of built-in research and commentary, Interactive Brokers is the stronger pick, while Trading 212 covers the essentials.
Interactive Brokers provides daily market commentary; Trading 212 does not. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and both include an economic calendar and a sentiment tool that shows how many traders are long or short. Only Interactive Brokers adds Trading Central analytics, TipRanks research, and Acuity Trading (Signal Centre) for extra trade ideas, analyst ratings, and news-driven insights. Neither broker includes Autochartist tools.
| Feature |
|
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education at Interactive Brokers and Trading 212, both brokers offer plenty of video lessons, including at least 10 beginner videos and 10 advanced videos to grow with your skills. Interactive Brokers also runs ongoing live client webinars at least once a month, which can help new traders get timely, guided learning; Trading 212 does not host monthly webinars. The information provided here doesn’t confirm whether either broker meets the 10-piece minimum specifically for forex or CFD education.
Looking at third‑party ratings, Interactive Brokers earns 5 stars for Education and ranks #1 out of 63 brokers on ForexBrokers.com. Trading 212 earns 3.5 stars and ranks #20 out of 63. In short, beginners who value regular live sessions and top-rated education may prefer Interactive Brokers, while Trading 212 still offers a solid library of beginner videos for getting started.
| Feature |
|
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than Trading 212. Interactive Brokers finished with an overall rank of #2, while Trading 212 finished with an overall rank of #25.
Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.
| Feature |
|
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 82 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the Interactive Brokers vs Trading 212 crypto comparison, Interactive Brokers lets you buy actual (delivered) cryptocurrency but does not offer crypto CFDs, while Trading 212 offers cryptocurrency CFDs but not the ability to buy the actual coins.
For funding methods, both online brokers Interactive Brokers and Trading 212 support ACH/SEPA and bank wire deposits and withdrawals, neither supports PayPal or Skrill, and Visa/Mastercard availability is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | Trading 212 Review |
| Broker Screenshots | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Trust Score | 99 | 82 | |
| Year Founded | 1977 | 2004 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 3 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8500 | 7868 | |
| Forex Pairs (Total) | 90 | 146 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | No | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.226 | 2.7 | |
| All-in Cost EUR/USD - Active | 0.226 | 2.7 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | No | Yes |
| Funding | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Minimum Deposit | $0 | €1 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 155 | 54 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 155 | 104 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Interactive Brokers Review | Trading 212 Review |
| Overall | Interactive Brokers | Trading 212 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | Trading 212 Review |