Interactive Brokers vs Goldco
Interactive Brokers is a good discount broker for experienced, high volume traders. . How does it compare to Goldco? Read our comparison chart below.
Interactive Brokers offers trades starting at just 0.5 cents per share. It also offers a tiered pricing plan that awards high volume traders with even lower rates. There is a $10,000 opening account minimum ($3,000 for clients 25 and younger). There is a monthly activity fee unless required commission minimums are met.
While Goldco is one of the most popular gold IRA companies. It stands out for its large selection of IRS-approved gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.
Compare Interactive Brokers with Goldco, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Learn More | Visit Site | |
Interactive Brokers | Goldco | |
|---|---|---|
Free Gold IRA Kit - | ||
Benefits and Features | ||
| Stock Trading | Fixed pricing: $0.0005 - $0.0035 per share (min $0.35 per order, max 1.0% of trade value). Tiered pricing: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value) | |
| Options Trading | $.15-$.70 per contract ($1 minimum per order) | |
| Annual Fee | ||
| Minimum Deposit | $10,000 for individual accounts; $5,000 for IRAs; $3,000 for clients 25 and under | |
| Mutual Fund Trading | $0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less, for transaction-fee funds | |
| Commission Free ETFs | ||
| Gold IRA |  | |
| Broker Assisted Trades | ||
| Customer Service | United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries) | |
| Inactivity Fee | $10/month for accounts under $100,000; $20/month for accounts under $2,000; $3/month for clients 25 and younger | |
| Maintenance Fee | Waived if account value is at least $100,000 OR if monthly commission requirements are met. If not met, the activity fee is the difference. For accounts less than $100,000: the commission requirement is $10/month. For accounts less than $2,000: the commission requirement is $20/month. For clients 25 and younger: the commission requirement is $3/month. | |
| Setup Fee | ||
| Banking | ||
| Mobile App | ||
| Desktop App | ||
| Silver IRA | | |
| Platinum IRA | | |
| Palladium IRA | | |
| Forex Trading | Available for qualified customers | |
| Futures Trading | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | ||
CreditDonkey® Reviews | ||
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| Options Trading | | |
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| Banking | | |
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| Commissions and Fees |  | |
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| Research | | |
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| Gold IRA | | |
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| Safety | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Good discount broker for experienced, high volume traders... | Very reputable Gold IRA account, but fees are higher than competitors... |
| Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Interactive Brokers: Pricing information from published websites as of 09/15/2019. Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000. | ||
Free Gold IRA Kit
- Up to $10,000 in free silver for eligible customers
- Highest buyback price, guaranteed
- Endorsed by Sean Hannity and Chuck Norris
Get Up to $10,000 in Free Silver
Open a qualifying gold IRA and get up to $10,000 in free silver
Which is Better: Interactive Brokers or Goldco?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Interactive Brokers or Robinhood.
Articles on Interactive Brokers
Interactive Brokers Reviews
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