Interactive Brokers
Wilsons Advisory And Stockbroking
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Overview
Interactive Brokers was founded in 1977 and is headquartered in United States, while Wilsons Advisory And Stockbroking was established in 2008 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 Wilsons Advisory And Stockbroking is regulated by Unregulated among others. Interactive Brokers serves 1,000,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $1 at Interactive Brokers and $100 at Wilsons Advisory And Stockbroking.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | 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, 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). | Unregulated |
| Founded | 1977 | 2008 |
| Country | United States | Australia |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Interactive Brokers and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Interactive Brokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Wilsons Advisory And Stockbroking). Both brokers charge withdrawal fees. Wilsons Advisory And Stockbroking applies inactivity fees on dormant accounts; Interactive Brokers does not. Wilsons Advisory And Stockbroking charges deposit fees; Interactive Brokers does not. Overall, Interactive Brokers scores higher on fees in our assessment.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Interactive Brokers offers MT4, MT5, cTrader, a proprietary platform, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Brokers supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. Interactive Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, NinjaTrader, Tablet & Mobile apps | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Interactive Brokers and Wilsons Advisory And Stockbroking compare. Interactive Brokers runs regular live webinars; Wilsons Advisory And Stockbroking does not. Both provide video tutorials. Interactive Brokers publishes daily market commentary; Wilsons Advisory And Stockbroking 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.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Wilsons Advisory And Stockbroking 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.
| Feature | Interactive Brokers | Wilsons Advisory And Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |