B

Interactive Investor

7/10

Virtual Brokers

6.4/10
7/10RegulationTied7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Interactive Investor was founded in 1995 and is headquartered in UK, while Virtual Brokers was established in 2008 and is based in Canada. Interactive Investor holds licences including Financial Conduct Authority (FCA), while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. Interactive Investor serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $1 at Interactive Investor and $1000 at Virtual Brokers.

Interactive Investor wins this category
FeatureInteractive InvestorVirtual Brokers
Min. Deposit$1$1000
RegulationFinancial Conduct Authority (FCA)The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)
Founded19952008
CountryUKCanada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Interactive Investor and Virtual Brokers, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Virtual Brokers). Virtual Brokers charges withdrawal fees while Interactive Investor does not, giving Interactive Investor an edge for frequent withdrawers. Interactive Investor applies inactivity fees on dormant accounts; Virtual Brokers does not. Virtual Brokers charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureInteractive InvestorVirtual Brokers
Min. Deposit$1$1000
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Interactive Investor offers MT4, MT5, cTrader, while Virtual Brokers 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
FeatureInteractive InvestorVirtual Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, ProTrader, Tablet & Mobile appsMT4,Desktop,iPhone/iOS

Education & Research

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

Virtual Brokers wins this category
FeatureInteractive InvestorVirtual Brokers
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

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 Virtual Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureInteractive InvestorVirtual Brokers
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 Investor and Virtual Brokers 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 InvestorVirtual Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese