B

BOQ Trading

7.7/10

Interactive Investor

7/10
9/10WinnerRegulation7/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

BOQ Trading was founded in 2014 and is headquartered in United States, while Interactive Investor was established in 1995 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. BOQ Trading serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $200 at BOQ Trading and $1 at Interactive Investor.

BOQ Trading wins this category
FeatureBOQ TradingInteractive Investor
Min. Deposit$200$1
RegulationFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded20141995
CountryUnited StatesUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between BOQ Trading and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $200 at BOQ Trading). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; BOQ Trading does not. BOQ Trading charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureBOQ TradingInteractive Investor
Min. Deposit$200$1
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

BOQ Trading offers MT4, MT5, cTrader, while Interactive Investor supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureBOQ TradingInteractive Investor
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,Mac,iPhoneWeb Trader, ProTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how BOQ Trading and Interactive Investor compare. BOQ Trading runs regular live webinars; Interactive Investor does not. Both provide video tutorials. BOQ Trading publishes daily market commentary; Interactive Investor does not. Both integrate third-party research tools. BOQ Trading maintains an archive of past webinars for on-demand viewing. BOQ Trading scores higher overall in education and research.

BOQ Trading wins this category
FeatureBOQ TradingInteractive Investor
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BOQ Trading accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBOQ TradingInteractive Investor
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BOQ Trading and Interactive Investor offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBOQ TradingInteractive Investor
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese