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Side-by-Side Comparison Independent Updated Oct 2, 2026

Interactive Brokers vs InvestEngine 2026: Which Broker is Better?

When comparing Interactive Brokers and InvestEngine, the key distinction lies in their target audiences and market offerings. Interactive Brokers, with its extensive range of markets, advanced trading tools, and low commissions, caters primarily to experienced traders and investors seeking global market access. In contrast, InvestEngine appeals to novice investors in the UK, offering commission-free ETF investing with a focus on simplicity and cost-effectiveness. While Interactive Brokers provides a comprehensive platform for professional traders, InvestEngine offers a more straightforward option for those prioritising low-cost, passive investment strategies.

Interactive Brokers

InvestEngine

Higher ratedInteractive Brokers logo

Interactive Brokers

4.4/ 5
Visit Interactive Brokers →Full review
VS
Interactive BrokersInvestEngine
BrokerRank Score4.4/5 ✓3.2/5
Min. Deposit$0$0
Spread from0.2 pips0 pips ✓
Max Leverage1:4 ✓1:1
RegulationSEC, CFTC, FCA ✓FCA
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Interactive BrokersInvestEngine
Best for Low Fees
InvestEngineInteractive Brokers
Best for Regulation
Interactive BrokersInvestEngine
Best Overall
Interactive BrokersInvestEngine
Quick Answer

Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).

See full side-by-side comparison below

Interactive Brokers vs InvestEngine: Key Differences

Feature

Interactive Brokers

InvestEngine

Our Rating
4.4 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.2 pips
0 pips
Commission
$0.005/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Forex, Cfd, Indices, Commodities
Stocks
Founded
1978
2019
Headquarters
Greenwich, USA
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Interactive Brokers

InvestEngine

Lower fees
Spread From
0.2 pips
0 pips
Commission
$0.005/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Interactive Brokers is better suited for professional traders due to its low commissions, access to over 150 markets, and advanced trading tools, though its complex platform may deter beginners. InvestEngine, with its user-friendly interface and commission-free ETF investing, is more suitable for beginners looking for straightforward investment options within the UK. When it comes to fees, InvestEngine takes the lead with zero commission and very low ongoing charges, making it an economical choice for cost-conscious investors.

Who Should Choose Which?

Interactive Brokers

Interactive Brokers

4.4/5

Top pick

Choose Interactive Brokers if you want…

  • Higher overall rating (4.4/5)
  • Higher leverage (up to 1:4)
  • More regulatory licences (5)
  • More market types (5)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • Tighter spreads (from 0 pips)
  • No per-trade commission

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.3
FCA
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FxPro
4.1
FCA
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Plus500
4.0
MAS
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#6XM logo
XM
3.9
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Both Interactive Brokers & InvestEngine are available in

Frequently Asked Questions

1

Is Interactive Brokers better than InvestEngine?

Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs InvestEngine's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Interactive Brokers or InvestEngine?

Interactive Brokers offers spreads from 0.2 pips, while InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Interactive Brokers vs InvestEngine?

Interactive Brokers requires a minimum deposit of $0. InvestEngine requires $0.

4

Which broker is safer, Interactive Brokers or InvestEngine?

Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while InvestEngine holds licences from FCA.

5

What trading platforms do Interactive Brokers and InvestEngine support?

Interactive Brokers supports Proprietary Web, Proprietary Mobile. InvestEngine supports Proprietary Web, Proprietary Mobile.

6

Can I use both Interactive Brokers and InvestEngine?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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