Head to head
Consorsbank or Interactive Brokers? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
Free ETF savings plans, a real derivatives desk and free professional software — behind a tiered price list that rewards activity.
The cheapest serious route to almost every market on earth — if you can live with the learning curve.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall Interactive Brokers takes it, 4.5 against 3.9 out of 5. Interactive Brokers is the cheaper of the two: a reference EUR 5,000 stock order costs €2.50 there against €12.50. Consorsbank scores 93 against 90 out of 100 on the group index. Your account's protection depends on its legal entity. Interactive Brokers covers more ground with 12 of 14 asset classes against 9. On platform and app Interactive Brokers is ahead, 4.6 against 4.2 out of 5. Which one is right depends on which of these axes matters for your trading profile.
Up to four brokers at once — every row a decision point.
Data as of: 30 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 3.9 | 4.5 — Better |
| Group index | 93 of 100 | 90 of 100 |
| Best for | ETF savings plan investorsEurex and US derivatives tradersActive traders chasing tier discountsMulti-currency portfoliosInvestors who want free professional software | Active and professional tradersMulti-currency investorsOptions and futures tradersAlgorithmic and API tradingGlobal stock pickers |
| Regulation | BaFinACPRECB | SECFCACBIASICMAS |
| Top-tier licences | 3 | 5 — Better |
| Investor protection | €3,000,000 — Better | US$500,000 |
| Listed group | Yes | Yes |
| Banking licence | Yes | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | No | Yes |
| Audited financials | Yes | Yes |
| Disclosed regulatory actions | 1 | 2 |
| Founded | 1994 | 1977 |
| Headquarters | Nürnberg, DE | Greenwich, Connecticut, US |
| Fees | 3.4 | 4.9 — Better |
| Safety & regulation | 4.5 | 4.8 — Better |
| Trading platform | 4.3 | 4.8 — Better |
| Product range | 4.5 | 5.0 — Better |
| Mobile app | 4.0 | 4.3 — Better |
| Research | 4.0 | 4.4 — Better |
| Customer support | 2.6 | 3.2 — Better |
| Deposit & withdrawal | 4.0 | 4.0 |
| Account opening | 3.9 — Better | 3.5 |
| Education | 3.5 | 4.0 — Better |
| Reference order EUR 5,000 | €12.50 | €2.50 — Better |
| Minimum deposit | None | None |
| Stocks (per order) | 0.25 % | 0.05 % — Better |
| US stocks | 0.25 % | US$0.0035/share — Better |
| ETFs | 0.25 % | 0.05 % — Better |
| Options | 0.5 % | US$0.65 |
| Futures | €6 | US$0.85 — Better |
| Crypto | Not offered | n/a |
| Bonds (order) | 0.25 % | n/a |
| Funds (order) | 0.25 % | n/a |
| EUR/USD spread | n/a | 0.1 pips |
| Index CFD spread | n/a | n/a |
| FX conversion | 0.26 % | 0.002 % — Better |
| Inactivity fee | None | None |
| Custody fee | None | None |
| Withdrawal fee | free — Better | €1 |
| Deposit fee | free | free |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 9 | 12 — Better |
| Exchanges | 34 | 160 — Better |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Crypto | No | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Warrants | Yes | Yes |
| Spread betting | No | No |
| Social trading | No | No |
| Platforms | Consorsbank Online-Brokerage (web)ActiveTraderActiveTrader ProConsorsbank Pro AppConsorsbank AppTrading API | Trader Workstation (TWS)IBKR DesktopClient PortalIBKR MobileIBKR GlobalTraderTWS API / Web API / FIXTradingView and other third-party front ends |
| Demo account | No | Yes |
| Fractional shares | Yes | Yes |
| Maximum leverage | Consorsbank does not offer CFDs, so no ESMA retail leverage cap applies. Leverage comes from a Wertpapierkredit against the portfolio at 7.55% p.a. | 1:30 · Pro 1:200 |
| Account opening | Online application with identity verification, then access credentials sent by post — a day or two slower than app-first competitors | Fully online; typically 1–3 business days, longer if documents need manual review |
| Account types | WertpapierdepotJunior-DepotMargin-KontoFremdwährungskontoTagesgeld- und Festgeldkonto | IBKR ProIBKR LiteMargin account |
| Payment methods | Bank transferSEPASEPA Instant | Bank transferSEPACheque |
| Account currencies | EURUSDGBPCHFCADAUDJPYSEKNOKSGD+2 | USDEURGBPCHFAUDCADJPYHKDSGDSEK+8 |
| Deposit time | SEPA credit transfer within one business day; SEPA instant transfers execute around the clock within roughly 10 seconds | SEPA 1–2 business days; international wire 1–4 business days |
| Withdrawal time | 1 business day for SEPA transfers instructed before the 16:30 cut-off | 1–3 business days |
| Free withdrawals | n/a | 2/month |
| Languages | German | EnglishGermanFrenchSpanishItalianDutchPortugueseRussianChineseJapanese+1 |
| Channels | PhoneEmailLive chatTicket system | PhoneEmailLive chatTicket system |
| Availability | Betreuungsteam by phone, contact form and live chat; Consorsbank does not publish fixed service hours on its public pages | 24/5, from Sunday evening to Friday evening US time |
Editorial assessment based on the recorded data.
Consorsbank
Free ETF savings plans, a real derivatives desk and free professional software — behind a tiered price list that rewards activity.
Pros
Cons
Best for
Interactive Brokers
The cheapest serious route to almost every market on earth — if you can live with the learning curve.
Pros
Cons
Best for
Open an account with either
A demo account costs nothing and answers the platform question in ten minutes.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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