Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
Compare Interactive Brokers and Westpac Share Trading side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Interactive Brokers
Westpac Share Trading
| Interactive Brokers | Westpac Share Trading | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 2.8/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:4 ✓ | 1:1 |
| Regulation | SEC, CFTC, FCA ✓ | ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Westpac Share Trading offers lower spreads (0 pips).
See full side-by-side comparison belowInteractive Brokers
WinnerWestpac Share Trading
Interactive Brokers
Westpac Share Trading
Interactive Brokers scores 4.43/5 while Westpac Share Trading scores 2.75/5 in our independent rating.
Interactive Brokers edges ahead overall, but Westpac Share Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
Westpac Share Trading
2.8/5
Choose Westpac Share Trading if you want…
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs Westpac Share Trading's 2.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Interactive Brokers offers spreads from 0.2 pips, while Westpac Share Trading starts at 0 pips. Check the fees section above for a full breakdown.
Interactive Brokers requires a minimum deposit of $0. Westpac Share Trading requires $0.
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while Westpac Share Trading holds licences from ASIC.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. Westpac Share Trading supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.