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Libertex vs Interactive Investor: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 8, 2023

Are you confused about whether to choose Libertex vs Interactive Investor as a broker for your investing needs?

In this side-by-side comparison, we analyse Libertex vs Interactive Investor to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
Traders focused on CFDs only

Libertex Broker is a popular online trading platform that offers a simplified and user-friendly trading experience to its clients.

The platform is designed to be intuitive and easy to navigate, making it suitable for both beginners and experienced traders.

The broker operates on a commission-based fee structure (spreads apply), with pricing that varies depending on the asset class and trading volume.

Ideal for
UK investors with medium-to-large portfolios

Interactive Investor is a UK flat-fee investment service with more than 400,000 users with over £55 billion in assets under management.

It offers a vast selection of investment options, including trading, SIPP, and ISAs. The Stocks and Shares ISA starts at £4.99 per month (“Investor service plan”).

Interactive investor also provides 24h customer support on weekdays as well as a very active discussion forum.

Pros and Cons

Pros

  • Access to MetaTrader 4 and 5
  • Low minimum deposit
  • Educational Materials
  • Readily available customer service

Cons

  • Low product offering (mostly CFDs)
  • Inactivity fee
  • Unavailable in major markets (Germany, France, Finland and others)

Pros

  • User-friendly trading platforms
  • Multi-currency account
  • Access over 40,000 global investments
  • Exclusive seminars and events
  • Good educational resources

Cons

  • Limited product offering
  • Basic charting (limited customization) and analytic tools
  • Expensive for investors with smaller portfolios
libertex logo
Libertex vs Interactive Investor: 2023 Comparison 2
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • LibertexAsset 3
  • General Information
  • Founded in1997
  • Demo Account
  • Account Minimum€/$10
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only under the European Subsidiary
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Crypto, Forex, Commodities, Options and others.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks0%
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable
  • Custody Fee-
  • Inactivity Fee-
  • Withdrawal Fee-
  • Connectivity Fee-
  • Currency Conversion Fee-
  • Security
  • RegulatorsCySEC
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 in assets and cash

  • Interactive InvestorAsset 3
  • General Information
  • Founded in1995
  • Demo Account
  • Account Minimum£0
  • Interest on unninvested cash (annually)GBP: Up to 5.75%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks£3.99
  • EU stocks£5.99**£3.99 for UK stocks
  • ETFs£3.99
  • CryptocurrenciesNot Applicable
  • Custody Fee£0
  • Inactivity Fee£0
  • Withdrawal Fee£0
  • Connectivity Fee£0
  • Currency Conversion Fee~1.50%
  • Security
  • RegulatorsFCA
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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