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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Interactive Brokers

    Score10 out of 10
    N/AInteractive Brokers helps Investors globally in stocks, options, futures, currencies, bonds and funds from a single integrated account . Accounts can be funded in multiple currencies and trade assets denominated in multiple currencies. with access market data 24 hours a day and six days a week.N/A

    TrackWise

    Score8.2 out of 10
    N/ASparta Systems headquartered in Hamilton offers TrackWise, a quality management system designed to allow the user to leverage existing investment to quickly implement a cost-effective quality management system. Also, TrackWise Digital helps users to track and manage internal, third-party, and regulatory audits.N/A
    Pricing
    Interactive BrokersTrackWise
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Interactive BrokersTrackWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsInteractive Brokers offers different pricing structures for Commissions, Margin and Interest Rates accounts, Market Data and Broker Fees.—
    More Pricing Information
    Best Alternatives
    Interactive BrokersTrackWise
    Small Businesses
    Coinbase
    Score7.3 out of 10
    No answers on this topic
    Medium-sized Companies
    Coinbase
    Score7.3 out of 10
    No answers on this topic
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Interactive BrokersTrackWise
    Likelihood to Recommend
    10.0
    (1 ratings)
    9.0
    (4 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    Interactive BrokersTrackWise
    Likelihood to Recommend
    Interactive Brokers
    Interactive Brokers is appropriate for retail equity investing and pension accounts holding - totally appropriate. Institutional accounts and proprietary trading group accounts - appropriate for those managing risks themselves because there is no automatic or supervised control and you trade at your own discretion. Not appropriate - is you look for crypto trading with instruments not accepted by regulator authorities as featured instruments with acceptable risk, to make sustainable and regulated investments with the main aim to preserve capital. All not regulated instruments are not appropriate and it is good and professional.
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    Sparta Systems
    We use Trackwise to record non-conformances that are reported by our clients and also the non-conformances that are found within the manufacturing floor during the manufacturing process. TrackWise is extremely easy to use and can be customized as per user needs. It is easy to create records and define child-parent relationships in the software. Users can pull customized reports and they can create dashboards as per the business demands to make sure they can track non-conformance resolution cycle time. We use TrackWise in integration with SAP which makes the system accessible to a wider user base. It is not only used to record the non-conformances, but also the part disposition details in cases where a part is supposed to be delivered from the client to us and in cases where the part is delivered to suppliers. We also use TrackWise to record the corrective actions and root cause for the reported issue. Trackwise is widely used to record Audits assessments in our organization. Trackwise is also used to report workmanship issues and to record the cycle time involved to resolve the issue and corrective actions taken to avoid the issue in the future.
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    Pros
    Interactive Brokers
    • Large financial instruments are available for trading - options, forex, derivatives, USTs
    • All main international exchanges are available to allocate
    • Fast and stable user interface
    • Fast connectivity
    • Python and Java API
    • Applications from Vendors
    • Data feed on demand could be added
    • Fast funds transfers and account set up
    • Supported all types of account: retail, trading group, retirenment, institutional
    • Fast quotes update without viable delay even for retail
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    Sparta Systems
    • Tracking System
    • Search Function
    Incentivized
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    Cons
    Interactive Brokers
    • Simplification of design (classic multy window to plain colorful palette Z-focused)
    • Choise of routes for order flow with clear comission cost
    • International bonds inclusion
    • Consider offering of CDS derivatives for ICE products
    • ESG selection - CO2 allowances instruments
    • Crypto wallets as a cource of margin connectivity are interesting for hybryd account
    • Sponsorship for FINRA licenses for non-institutional customers
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    Sparta Systems
    • No suggestion for improvements
    Read full review
    Likelihood to Renew
    Interactive Brokers
    We use it and do not plan to switch. It fits all our current needs.
    Read full review
    Sparta Systems
    The user experience is great and I would recommend other's to use trackwise for it's customization flexibility
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    Usability
    Interactive Brokers
    No answers on this topic
    Sparta Systems
    Well TrackWise is having everything any organization wanted, as its name itself indicate Track so it will track everything you want, you can generated the adhoc summary for your change control, CAPA, deviation, OOL, OOS which will help you t be prepare to maintain a health quality management system. it will eliminate the dependency of person specific task for tracking and your system will become fully system driven.
    Incentivized
    Read full review
    Support Rating
    Interactive Brokers
    No answers on this topic
    Sparta Systems
    I did not interact with the support team.
    Incentivized
    Read full review
    Alternatives Considered
    Interactive Brokers
    Reliable connection, fast interface, rapid data updates, lower comission costs that is all features coinsided at one place for Interactive Brokers trader workstation. Even account types offering is wider to include also trading group accounts not only retail, IRA 401. Interactive Brokers makes easy to enter the prop business or serve large family office needs as an adviser or discretionary mandate trader (EU)
    Read full review
    Sparta Systems
    Trackwise is better than Arena. You need sign-offs before moving to the next step. While in Arena, you can complete the whole task and request sign off later. Not sure which is better for everyone, but I prefer to sign off before moving to the next step.
    Incentivized
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    Return on Investment
    Interactive Brokers
    • Scalability - easy managed exposure of any size
    • ROI is sustainable, no exponencial growth but we get what is expected, not less SP500 return + KPI %
    • Comission flow is very low as compared to 3 - 4 years before the date
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    Sparta Systems
    • More visibility of Quality issues
    • User friendly software
    • Easy to do multiple things at one platform
    Read full review
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