Interactive Investor
turbo forex
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Overview
Interactive Investor was founded in 1995 and is headquartered in UK, while turbo forex was established in 2016 and is based in United States. Interactive Investor holds licences including Financial Conduct Authority (FCA), while turbo forex is regulated by Your capital is at risk. among others. Interactive Investor serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $1 at Interactive Investor and $250 at turbo forex.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Your capital is at risk. |
| Founded | 1995 | 2016 |
| Country | UK | United States |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Interactive Investor and turbo forex, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $250 at turbo forex). turbo forex charges withdrawal fees while Interactive Investor does not, giving Interactive Investor an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. turbo forex charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Interactive Investor offers a mobile trading app; mobile availability for turbo forex is limited. Interactive Investor supports social and copy trading features, which turbo forex does not offer. Interactive Investor edges ahead on platform breadth and functionality in our scoring.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Web Trader, ProTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Interactive Investor and turbo forex compare. Interactive Investor has a video library; turbo forex does not. Interactive Investor integrates third-party research tools (Autochartist); turbo forex does not. Interactive Investor scores higher overall in education and research.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Interactive Investor accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while turbo forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). turbo forex uniquely supports PayPal and Skrill and Neteller among the two brokers. turbo forex scores higher on deposit and withdrawal flexibility.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Interactive Investor and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Interactive Investor supports 2 languages and turbo forex supports 8, giving turbo forex broader global reach. Both brokers are comparable on support quality.
| Feature | Interactive Investor | turbo forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |