Comparison Interactive Brokers vs Vanguard

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Interactive Brokers vs Vanguard. Which of them: Interactive Brokers or Vanguard a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Interactive Brokers has a commission fee of $0.005, and Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of Interactive Brokers is $0 + $0.70 per contract, and that one of Vanguard is $7+$1 per contract (first 25). The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Interactive Brokers and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading are provided by Vanguard. As for platforms, Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vanguard offers Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from Interactive Brokers with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The withdrawal time for Interactive Brokers is 3-5 days, and that one for Vanguard is 3 Business days.

As a result, the rating of Interactive Brokers is 4.1 stars versus that of Vanguard of 3.9 stars.