Software Alternatives, Accelerators & Startups

Stockspot VS Interactive Brokers

Compare Stockspot VS Interactive Brokers and see what are their differences

Stockspot logo 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.

Interactive Brokers logo Interactive Brokers

Deep discount electronic access broker offering online trading of Stocks, Options, Futures, Forex.
  • Stockspot Landing page
    Landing page //
    2023-10-20
  • Interactive Brokers Landing page
    Landing page //
    2022-06-30

Stockspot videos

Stockspot: Adviser Ratings Review

More videos:

  • Review - Stockspot's Chris Brycki on The Australian Investors Podcast [HD]

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

Category Popularity

0-100% (relative to Stockspot and Interactive Brokers)
Investing
41 41%
59% 59
Finance
26 26%
74% 74
Robo-Advisor
100 100%
0% 0
Automated Investment
100 100%
0% 0

User comments

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Reviews

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

Stockspot Reviews

Robo-Advisers Australia - Raiz vs Stockspot Vs The Rest
At present there are 4 robo-advisers operating in Australia – Stockspot, Quiet Growth, Clover and Sixpark. Stockspot was the first to hit the market with the others quickly following suit.
2016 Australian Robo Adviser Roundup
Launched in 2013, Stockspot was the first Robo Adviser in Australia and is probably the most well known. They offer 5 ETF porftolios, and their structure involves each investor being setup with a Macquarie Bank Cash Management Account (CMA), and ETFs are traded under the individual’s own Holder Identifier Number (HIN) in a Managed Discretionary Account (MDA). The signup...

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.

What are some alternatives?

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

Smart-Save by Stash - Save your spare cash, automatically.

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

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.

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.

OptionsHouse - OptionsHouse is an online stock trading platform with an easy-to-use interface.