B
Interactive Brokers logo

Interactive Brokers

8.9/10
Invast Global logo

Invast Global

6.2/10
9/10WinnerRegulation7/10
10/10WinnerFees1/10
10/10WinnerPlatforms9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Interactive Brokers was founded in 1977 and is headquartered in United States, while Invast Global was established in 1960 and is based in Australia. Interactive Brokers holds licences including the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, while Invast Global is regulated by Australian Securities and Investment Commission (ASIC) among others. Interactive Brokers serves 1,000,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $1 at Interactive Brokers and $25000 at Invast Global.

Interactive Brokers wins this category
FeatureInteractive BrokersInvast Global
Min. Deposit$1$25000
Regulationthe US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).Australian Securities and Investment Commission (ASIC)
Founded19771960
CountryUnited StatesAustralia
Clients1,000,000+10,000+

Fees

Fees are a critical factor when choosing between Interactive Brokers and Invast Global, directly affecting your bottom line as a trader. Interactive Brokers has a lower barrier to entry with a minimum deposit of $1 (vs $25000 at Invast Global). Interactive Brokers charges withdrawal fees while Invast Global does not, a notable advantage for frequent withdrawers. Overall, Interactive Brokers scores higher on fees in our assessment.

Interactive Brokers wins this category
FeatureInteractive BrokersInvast Global
Min. Deposit$1$25000
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Interactive Brokers offers MT4, MT5, cTrader, a proprietary platform, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Brokers supports social and copy trading features, which Invast Global does not offer. Interactive Brokers edges ahead on platform breadth and functionality in our scoring.

Interactive Brokers wins this category
FeatureInteractive BrokersInvast Global
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, NinjaTrader, Tablet & Mobile appsMT4,

Education & Research

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

Interactive Brokers wins this category
FeatureInteractive BrokersInvast Global
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. Interactive Brokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Invast Global supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureInteractive BrokersInvast Global
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 Interactive Brokers and Invast Global 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
FeatureInteractive BrokersInvast Global
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese