Interactive Brokers provides a well-defined and feature-rich trading environment, while ARK Investment Management lacks sufficient information in the provided profiles for a comprehensive comparison.
| Attribute | Interactive Brokers | ARK Investment Management |
|---|---|---|
| Commission Fees (Stocks, Options, Futures) | Stocks/ETFs: IBKR Lite offers $0 per share for U.S. residents. IBKR Pro offers tiered pricing from USD 0.0005 to 0.0035 per share. Fixed pricing is USD 0.005 per share. Options: Tiered from USD 0.15 to 0.65 per contract, or fixed at USD 0.65 per contract. Futures: Tiered from USD 0.25 to 0.85 per contract, or fixed at USD 0.85 per contract for U.S. futures and future options. Forex: 0.08 to 0.20 basis points x Trade Value per order. | Not available |
| Account Minimum | $0 for most users. Margin accounts require a minimum of $2,000. | Not available |
| Platform and Trading Tools | Offers a range of platforms including IBKR Desktop, Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, Client Portal, and IBKR APIs. IBKR Desktop is designed for simplicity with powerful tools. TWS is for advanced traders needing flexibility. | Not available |
| Research and Education Resources | Provides tools and calculators for identifying opportunities and managing positions. IBKR Campus offers courses and lessons. | Not available |
| Investment Options (Stocks, ETFs, Options, Futures, Forex, Crypto) | Stocks, ETFs, options, futures, forex, bonds, and mutual funds are available. Access to over 160 markets worldwide. U.S. users can add cryptocurrencies. | Not available |
| Margin Rates | Tiered rates are offered, with lower rates for higher debit balances. Rates range from 5.830% to 6.830% for USD margin loans, with non-USD rates varying by currency. | Not available |
| Account Types (Individual, Joint, Retirement, Corporate) | Individual, joint, retirement, and corporate accounts are available. | Not available |
| Mobile App Availability and Features | IBKR Mobile provides access to various markets with real-time data, charts, and order transmission. Offers two-factor authentication. | Not available |
| Customer Service and Support | Offers 24/7 global customer service via phone and online chat. Support is available through email, phone, and chat. | Not available |
| Regulatory Compliance and Security | Regulated by SEC, FINRA, CFTC in the US, and other top-tier regulators globally. Employs measures to protect client assets, including segregation of assets and insurance. | Not available |
| Portfolio Analysis and Reporting | PortfolioAnalyst consolidates financial accounts and provides tools for analyzing portfolio performance. Offers customizable reports and performance measurement factors. | Not available |
| Environmental, Social, and Governance (ESG) Investing Options | ESG scores are available on all platforms. The IMPACT app helps align investments with values. | Not available |