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Interactive Investor Review

  • Regulated by: Financial Conduct Authority
  • Used by: 100+ traders
  • Trust Rating: AAA
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Losses can exceed deposits. Your capital is at risk.

Interactive Investor one way: Forex.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Interactive Investor offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by . Interactive Investor puts all client funds in a segregated bank account and uses tier-1 banks for this. Interactive Investor have been established since 1995, and have a head office in .

Before we dive into some of the more detailed aspects of Interactive Investor’s spreads, fees, platforms and trading features, you may want to open Interactive Investor‘s website in a new tab by clicking the button below in order to see the latest information directly from Interactive Investor.

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Your capital is at risk.

Interactive Investor screenshot

PROS

  • Used by 100+ traders
  • Established in 1995
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1

CONS

What are Interactive Investor's spreads & fees?

Like most brokers, Interactive Investor take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on Interactive Investor’s website. The colour bars show how competitive Interactive Investor’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Interactive Investor variable spread is not available. If you believe this is incorrect please fill in our form

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, Interactive Investor's minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Interactive Investor vs. similar brokers.

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How much does Interactive Investor charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Interactive Investor at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

Interactive Investor Plus500 AvaTrade
Spread from: $0.00 $6.00 $7.00
Typical overnight fee: $0.00 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $0 $15.4 $12
$15.40 more $12.00 more
Visit iii Visit Plus500 Visit AvaTrade

All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018. Your capital is at risk.

General Fees

  • Interactive Investor does charge inactivity fees
  • Interactive Investor doesn’t charge withdrawal fees*

Commissions

  • Interactive Investor does charge commission on CFD shares

What can you trade with Interactive Investor?

FX / Currencies iii Plus500 AvaTrade
# of forex pairs offered 61 59
Major forex pairs Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies Yes Yes
Commodity CFDs Interactive Investor Plus500 AvaTrade
# of commodities offered 17 16
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Indiced & Stock CFDs Interactive Investor Plus500 AvaTrade
# of Stocks offered 1816 99
UK Shares Yes Yes
US Shares Yes Yes
German Shares Yes Yes
Japanese Shares Yes Yes
See iii's Instruments See Plus500's Instruments See AvaTrade's Instruments
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What’s the Interactive Investor trading experience like?

1) Platforms and apps

Interactive Investor offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

Interactive Investor Screenshot See iii's Platforms

Interactive Investor also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See iii's platforms
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Trading Features:

  • Low min deposit

Accounts offered:

Still not sure?

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2) Executing Trades

With Interactive Investor, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Interactive Investor offers its traders on the right.

Funding methods:

3) Client support

Interactive Investor support a wide range of languages including English, Arabic, Deutsch, Hungarian, Polski, Chinese and Japanese.

Interactive Investor have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

4) What you’ll need to open an account with Interactive Investor

As Interactive Investor is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Interactive Investor’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Interactive Investor you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.iii.co.uk/ on March 21, 2018.