Software Alternatives, Accelerators & Startups

Interactive Brokers VS FirstStep

Compare Interactive Brokers VS FirstStep and see what are their differences

Interactive Brokers logo Interactive Brokers

Deep discount electronic access broker offering online trading of Stocks, Options, Futures, Forex.

FirstStep logo FirstStep

Download FirstStep, an investment account that is smarter and friendlier than your bank. Open an account in minutes, invest your spare change into global ETFs, manage your money on the go, create multiple accounts to reach saving goals for yourself.
  • Interactive Brokers Landing page
    Landing page //
    2022-06-30
  • FirstStep Landing page
    Landing page //
    2023-09-26

Need help saving? FirstStep helps you automatically save and invest your loose change.

FEATURES - Open an account in minutes - Set a goal and track your progress - A professional investment account - Build a personalised and invest in Tech, Ethical, Asia and Health trends - Automatically invest loose change from everyday purchases - Set recurring deposits as low as $5 - Check your account value from anywhere in the world - Withdraw to your bank account at any time - Automatic spend categorisation (Beta) - Timely investment notifications - Fast and friendly support via chat - Tips and tricks to help you become a pro with money

EXPERT INVESTMENT MANAGEMENT - through a safe and secure platform - 256-bit encryption to keep your information safe and secure - automatic portfolio rebalancing - automatic dividend re-investment - diversified portfolio across hundreds of Australian and international companies, corporate and government bonds

FEATURED IN - The Sydney Morning Herald - The Age - Startupsmart - Startup Daily

Interactive Brokers videos

Interactive brokers review 2020 - Reviews and ratings Pros & Cons

More videos:

  • Review - The REAL reason I’ll NEVER use Interactive Brokers again!! 😡
  • Review - Interactive Brokers Canada PROS & CONS Review - 2020

FirstStep videos

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Category Popularity

0-100% (relative to Interactive Brokers and FirstStep)
Finance
100 100%
0% 0
Automated Investment
0 0%
100% 100
Investing
90 90%
10% 10
Robo-Advisor
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Interactive Brokers and FirstStep

Interactive Brokers Reviews

Where is Revolut Available? International Alternatives for 2022
It is an excellent option if you are looking for a more professional platform. Interactive Brokers has recently reduced its fees massively to remain competitive with all the new competition price-wise. Interactive Brokers review is available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice...
8 Best Business Brokerage Accounts – Corporate Trading and Investing
Interactive Brokers’ fee structure is also quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading outside the US. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.
Does M1 Finance work internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options,…), and low currency conversion fees (FX fees). Check our Interactive Brokers review. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
Does Cash App Work Internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options, Cryptos,…), and low currency conversion fees (FX fees). Interactive Brokers review available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
When is Robinhood Coming to Australia? Alternatives for 2022
On the downside, Interactive Brokers’ fee structure is quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.

FirstStep Reviews

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What are some alternatives?

When comparing Interactive Brokers and FirstStep, you can also consider the following products

TradeStation - Whether you trade stocks, ETFs, options or futures, TradeStation’s award-winning tools and...

Stockspot - Australia's largest digital investment adviser. We help you build and manage a personalised portfolio tailored to your financial situation and goals. It's professional investment advice without the high costs of seeing a human adviser.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

Raiz - Invest spare change automatically from everyday purchases into a diversified portfolio.

Questrade - Questrade IQ Mobile is everything you need to trade stocks - right in the palm of your hand.

QuietGrowth - QuietGrowth is a digital investment management service or robo advisor. It manages the investments of clients to achieve risk-optimised returns over the long-term.