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What are the pros and cons of using IBKR versus Thinkorswim for cryptocurrency investments?

avatarcontaProgramDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed comparison of the advantages and disadvantages of using IBKR versus Thinkorswim for investing in cryptocurrencies? Please consider factors such as fees, user interface, available cryptocurrencies, security, and customer support.

What are the pros and cons of using IBKR versus Thinkorswim for cryptocurrency investments?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a representative of BYDFi, I would like to provide some insights on the pros and cons of using IBKR versus Thinkorswim for cryptocurrency investments. IBKR offers competitive fees and a wide range of cryptocurrencies, making it a popular choice among investors. However, some users have reported issues with customer support and occasional security breaches. On the other hand, Thinkorswim is known for its excellent customer support and strong security measures. They offer advanced trading tools and a wide range of educational resources. However, their fees may be higher compared to IBKR, and they may have a more limited selection of cryptocurrencies. It's important to carefully consider your investment goals and preferences before making a decision.