Updated September 29, 2026 · BrokerCue Editorial Team
Interactive Brokers vs Mirae Asset Securities
What sets them apart
| Compare | ||
|---|---|---|
| Minimum deposit | $0 | ₹0 |
| Stock trade fee | $0 | ₹10 |
| Markets | Bonds, ETFs, Forex, Funds, Futures, Options, StocksCovers more | Stocks, ETFs, Options, Futures, Funds |
| Margin rate | 4.38%Lower | 8.99% |
| Options contract fee | $0.65 | ₹10 |
| Platforms | Client Portal, IBKR Desktop, IBKR Mobile, Trader Workstation | Web Trading Platform, Trading App, Trading API |
| Account fee | Not confirmed | ₹0 |
| Regulators | SEC, FCA, SIPC | Not confirmed |
| Investor protection | SIPC up to USD 500,000 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | UPI free; net banking Rs7-11 + GST |
| Account types | ISA, SIPP, IRA, Joint, Corporate | Not confirmed |
| Maximum retail leverage | Not confirmed | 4X |
| Interest on cash | 3.38% | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Interactive Brokers scores higher overall: 9.6 vs 9.3.
- Margin rate is lower at Interactive Brokers: 4.38% vs 8.99%.
- Markets: only Interactive Brokers offers Bonds, Forex.
- Platforms: only Interactive Brokers offers Client Portal, IBKR Desktop, IBKR Mobile.
- Platforms: only Mirae Asset Securities offers Web Trading Platform, Trading App, Trading API.
- Features: only Interactive Brokers offers Fractional shares.
- Features: only Mirae Asset Securities offers Options, Futures.
- Pricing model: only Interactive Brokers offers Commission free.
Our verdict on each
Interactive Brokers
Interactive Brokers suits investors who want a single account across ISA, SIPP, IRA, joint and corporate holdings, with stocks, bonds, funds, forex, options and futures behind it. It ranks 1 of 213 brands on minimum deposit at $0, and stock trades are charged at $0.
Mirae Asset Securities
Mirae Asset Securities runs a low-fee broking account priced in INR that suits beginners and day traders who want flat per-trade charges. With a stock trade fee of INR 10 and an account fee of INR 0, costs stay predictable, though that flat charge leaves it behind rivals on cheaper per-trade pricing.
Score breakdown
| Area | Interactive Brokers | Mirae Asset Securities |
|---|---|---|
| Cost | 9.3HigherStock trades cost $0, the minimum deposit is $0 and an options contract costs $0.65. | 9.2The cost score of 6 reflects a INR 10 options fee and a 8.99% margin rate on a low-fee model. |
| Offer | 9.6HigherAccount types cover isa, sipp and ira, and the market list spans bonds, etfs and forex. | 9.4 |
| Trust | 9.8 | Not confirmed |
How they place
| Ranking | Interactive Brokers | Mirae Asset Securities |
|---|---|---|
| Stock and ETF brokers | 35 of 490 | 66 of 490 |
| Options trading platforms | 7 of 103 | 21 of 103 |
| Futures trading platforms | 8 of 83 | 17 of 83 |
| Margin trading brokers | 4 of 22 | 11 of 22 |
Licences and countries
| Country | Interactive Brokers | Mirae Asset Securities |
|---|---|---|
| United Kingdom | FCA 208159 | Not confirmed |
| United States | SIPC SIPC member 53615 | Not confirmed |
Also worth a look
Nexo has margin rate at 1.9%, against 4.38% for Interactive Brokers and 8.99% for Mirae Asset Securities.
Nexo reviewSources behind this comparison
Interactive Brokers
- interactivebrokers.com: 9 facts, checked September 26, 2026
- brokersway.com: 2 facts, checked September 26, 2026
- toponlineforexbrokers.com: 2 facts, checked September 26, 2026
- euinvestinghub.com: 1 fact, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
Mirae Asset Securities
- mstock.com: 12 facts, checked September 26, 2026
- miraeasset.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Interactive Brokers | Mirae Asset Securities |
|---|---|---|
| Features | Fractional shares, Mobile app | Options, Futures, Mobile app |
| Pricing model | Commission free, Low feesCovers more | Low fees |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | INTERACTIVE BROKERS LLC | Not confirmed |
| Headquarters | United States | South Korea |
| Founded | 1978 | Not confirmed |
| Support channels | Help centre, Community | Not confirmed |
Robo-advisors
| Fact | Interactive Brokers | Mirae Asset Securities |
|---|---|---|
| Portfolio types | ETF | Not confirmed |
Where each stands against the rest
| Fact | Interactive Brokers | Mirae Asset Securities | Median |
|---|---|---|---|
| Account fee | Not confirmed | ₹0at the median | ₹0 |
| Margin rate | 4.38%below the median | 8.99%above the median | 8.79% |
| Interest on cash | 3.38%above the median | Not confirmed | 3% |
Median across 34 listed brokers.
Pros and cons
Interactive Brokers
Pros
- A stock trade costs $0 and the minimum deposit is $0, the pairing behind rank 1 of 161 on stock trade fees among the brokers tracked here.
- The account types listed cover isa, sipp and ira, so an ISA, SIPP, IRA, joint or corporate account all sit under a single provider.
- bonds, etfs and forex puts stocks, ETFs, bonds, funds, forex, options and futures on the same account, with a margin rate of 4.38% for geared positions.
Cons
- Support runs on help centre and community, so a phone line and live chat sit outside the offer.
- bonds, etfs and forex covers shares, ETFs, bonds, funds, forex, options and futures but leaves out crypto and CFDs, which eToro lists in stocks, etfs and forex.
- An options contract costs $0.65 against a stock trade at $0, so options strategies pay a visible premium per contract.
Mirae Asset Securities
Pros
- Account fee of INR 0 and a minimum deposit of INR 0, so nothing is charged to hold or open.
- Flat INR 10 per stock trade and INR 10 per options contract, which makes costs easy to model.
- Margin available at a rate of 8.99% with retail leverage of 4X.
Cons
- The stock trade fee of INR 10 ranks 98 of 161, behind cheaper per-trade rivals.
- Cash movement follows UPI free; net banking Rs7-11 + GST, so moving money in and out is not entirely cost free.
- A margin rate of 8.99% on leverage of 4X magnifies losses as well as gains on borrowed positions.
Who each suits
Interactive Brokers
Who it suits
- Investors holding money across several wrappers, since the account types listed cover isa, sipp and ira.
- Traders who want options, futures, forex and bonds alongside shares on a single account, per bonds, etfs and forex.
- Anyone starting with a small balance: the minimum deposit is $0 and fractional shares appear in the feature list (fractional shares and mobile app).
Who should look elsewhere
- Anyone who trades crypto or CFDs, since bonds, etfs and forex leaves both out while eToro lists them in stocks, etfs and forex.
- Readers who want a stated entry figure as a signal of the provider's target size, since Vantage publishes $5 where this broker's minimum is $0.
Mirae Asset Securities
Who it suits
- Beginners opening a first account, with a minimum deposit of INR 0.
- Day traders working in options and futures, with a contract fee of INR 10.
- Traders who want web, app and API access under one low-fee account.
Who should look elsewhere
- eToro, which charges $0 per stock trade.
- Vantage, which sets a minimum deposit of $5 where CFI asks for $0.
Questions about each
Interactive Brokers
What does it cost to trade shares?+
A stock trade is charged at $0 and the minimum deposit is $0, so opening an account and dealing in shares carry no charge. The money sits in derivatives and leverage instead, where an options contract costs $0.65 and the margin rate is listed at 4.38%.
Is my money protected?+
The regulatory list runs to SEC, FCA and SIPC, and investor protection is stated as SIPC up to USD 500,000. The UK entry is the FCA under licence 208159, while the US side names the SEC and the SIPC membership SIPC member 53615. The protection figure describes the scheme stated for the account and says nothing about how a trade performs.
Mirae Asset Securities
How much does it cost to trade stocks?+
A stock trade costs INR 10 and an options contract fee of INR 10 applies. The account fee is INR 0, so nothing is charged for holding the account open. The flat per-trade charge is simple to model, though it sits above commission-free rivals.
Is there a minimum deposit?+
The minimum deposit is listed as INR 0, so an account can be opened and funded in small steps. With an account fee of INR 0 there is no standing cost before you trade. Watch cash movement instead, where charges follow UPI free; net banking Rs7-11 + GST.
Other options to compare
Other matchups
- Interactive Brokers vs Nexo
- Interactive Brokers vs Angel One
- Interactive Brokers vs CFI
- Interactive Brokers vs IG
- Interactive Brokers vs Webull
- Interactive Brokers vs Topstep
- Interactive Brokers vs Wealthsimple
- Interactive Brokers vs FXTM
- Interactive Brokers vs Fyers
- Interactive Brokers vs Markets.com
- Interactive Brokers vs BMO InvestorLine
- Interactive Brokers vs Public
- Interactive Brokers vs JPMorgan Chase
- Interactive Brokers vs quantfury
- Interactive Brokers vs SogoTrade
- Interactive Brokers vs ActivTrades
- Interactive Brokers vs XTB
- Interactive Brokers vs NAGA
- Interactive Brokers vs UNest
- Interactive Brokers vs eToro
- Interactive Brokers vs Robinhood
- Interactive Brokers vs S Broker
- Interactive Brokers vs EBC Financial Group
- Interactive Brokers vs CapTrader
- Interactive Brokers vs Revolut