Is Interactive Brokers better than Trading 212? In our analysis of 23 international regulators across 39 brokers, Interactive Brokers is considered low-risk, with an overall Trust Score of 99 out of 99. Trading 212 is considered average-risk, with an overall Trust Score of 77 out of 99. Learn more about Trust Score.
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Interactive Brokers vs Trading 212 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | Interactive Brokers | Trading 212 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 77 |
| Interactive Brokers Review | Trading 212 Review | |
| 66% of retail CFD accounts lose money | 76% of retail CFD accounts lose money | |
| Winner | check_circle |
Regulation
| Feature | Interactive Brokers | Trading 212 |
| Trust Score | 99 | 77 |
|
Year Founded |
1977 | 2004 |
|
Publicly Traded (Listed) |
Yes | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
8 | 1 |
|
Tier-2 Licenses |
1 | 1 |
|
Tier-3 Licenses |
0 | 0 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | Interactive Brokers | Trading 212 |
|
ASIC Authorised (Australia) |
Yes | No |
|
IIROC Authorised (Canada) |
Yes | No |
|
SFC Authorised (Hong Kong) |
Yes | No |
|
CBI Authorised (Ireland) |
Yes | No |
|
FSA Authorised (Japan) |
Yes | No |
|
MAS Authorised (Singapore) |
Yes | No |
|
FINMA Authorised (Switzerland) |
Yes | No |
|
FCA Authorised (UK) |
Yes | Yes |
|
CFTC Registered (USA) |
Yes | No |
|
FMA Authorised (New Zealand) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | Interactive Brokers | Trading 212 |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
No | Yes |
|
SEBI Authorised (India) |
Yes | No |
|
ISA Authorised (Israel) |
No | No |
|
CBR Authorised (Russia) |
No | No |
|
FSCA Authorised (South Africa) |
No | No |
|
SEC Authorised (Thailand) |
No | No |
|
DFSA / Central Bank Authorised (UAE) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | Interactive Brokers | Trading 212 |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
|
Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
|
VFSC Authorised (Vanuatu) |
No | No |
Investments
| Feature | Interactive Brokers | Trading 212 |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
|
Tradeable Symbols (Total) |
7400 | 1785 |
|
Forex Pairs (Total) |
91 | 184 |
|
US Stock Trading (Non CFD) |
Yes | Yes |
|
Int'l Stock Trading (Non CFD) |
Yes | Yes |
|
Social Trading / Copy-Trading |
No | No |
|
Cryptocurrency (Physical) |
Yes | No |
|
Cryptocurrency (CFD) |
No | No |
| Crypto Disclaimer (UK) | 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
| Feature | Interactive Brokers | Trading 212 |
|
Average Spread EUR/USD - Standard |
0.6 (From 09/25/21 - 10/02/21) | N/A |
|
All-in Cost EUR/USD - Active |
0.6 (From 09/25/21 - 10/02/21) | N/A |
|
Active Trader or VIP Discounts |
Yes | No |
|
Execution: Agency Broker |
Yes | Yes |
|
Execution: Market Maker |
No | Yes |
Funding
| Feature | Interactive Brokers | Trading 212 |
|
Minimum Deposit |
$0 | EUR 10 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
No | Yes |
|
PayPal (Deposit/Withdraw) |
No | Yes |
|
Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | Interactive Brokers | Trading 212 |
|
Proprietary Platform |
Yes | Yes |
|
Desktop Platform (Windows) |
Yes | No |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
No | No |
|
MetaTrader 4 (MT4) |
No | No |
|
MetaTrader 5 (MT5) |
No | No |
|
cTrader |
No | No |
|
DupliTrade |
No | No |
|
ZuluTrade |
No | No |
Trading Tools
| Feature | Interactive Brokers | Trading 212 |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
651 | 5 |
|
Charting - Indicators / Studies (Total) |
127 | 45 |
|
Charting - Drawing Tools (Total) |
9 | 19 |
|
Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | No |
Mobile Trading
| Feature | Interactive Brokers | Trading 212 |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
|
Watch List Syncing |
Yes | Yes |
|
Charting - Indicators / Studies |
98 | 45 |
|
Charting - Draw Trendlines |
No | Yes |
|
Charting - Trendlines Moveable |
No | No |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
No | Yes |
|
Forex Calendar |
Yes | Yes |
Research
| Feature | Interactive Brokers | Trading 212 |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | Yes |
|
Autochartist |
No | No |
|
Trading Central (Recognia) |
Yes | No |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
Yes | No |
|
Economic Calendar |
Yes | Yes |
Education
| Feature | Interactive Brokers | Trading 212 |
|
Has Education - Forex or CFDs |
Yes | No |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | No |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | Yes |
|
Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | Interactive Brokers | Trading 212 |
|
GBP/USD |
Yes | Yes |
|
USD/JPY |
Yes | Yes |
|
EUR/USD |
Yes | Yes |
|
USD/CHF |
Yes | Yes |
|
USD/CAD |
Yes | Yes |
|
NZD/USD |
Yes | Yes |
|
AUD/USD |
Yes | Yes |
Overall
| Feature | Interactive Brokers | Trading 212 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 77 |
| Interactive Brokers Review | Trading 212 Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Interactive Brokers vs Trading 212.
Does Interactive Brokers or Trading 212 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Interactive Brokers offers better pricing overall for traders.
Is Interactive Brokers or Trading 212 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Interactive Brokers holds 8 global Tier-1 licenses, while Trading 212 holds 1. Both Interactive Brokers and Trading 212 hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Interactive Brokers earned a higher Trust Score than Trading 212.
Which trading platform is better: Interactive Brokers or Trading 212?
To compare the trading platforms of both Interactive Brokers and Trading 212, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Interactive Brokers offers a better experience. With research, Interactive Brokers offers superior market research. Finally, we found Interactive Brokers to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Copy trading is not offered by either broker. Neither broker offers Meta Trader.
How many forex pairs and CFDs are available to trade?
Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to Interactive Brokers's 91 available pairs. Forex pairs aside, Interactive Brokers offers traders access to 7400 CFDs while Trading 212 has 1785 available CFDs, a difference of 5,615.
Can I trust Interactive Brokers?
Interactive Brokers is publicly traded, does not operate a bank, and is authorised by eight tier-1 regulators (high trust), one tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Interactive Brokers is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Central Bank of Ireland (CBI), Securities Futures Commission (SFC), Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), Monetary Authority of Singapore (MAS), and the Commodity Futures Trading Commission (CFTC).
Can I trust Trading 212?
Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trading 212 is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).
Is Interactive Brokers good?
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.
Is Trading 212 good?
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
Overall winner: Interactive Brokers
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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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