Interactive Brokers Pro or Lite?

Broker FAQ 📈
1

Hey everyone! I’ve come across Interactive Brokers (IBKR). IBKR Pro or IBKR Lite is the better?

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I’ve been using IB for a couple of years now. IBKR Pro as its name suggests better suited to professionals who really care about execution quality. If you trade with high balances, then I’d recommend to use it.
If you’re the Robinhood-like trader preferring low-cost and execution quality doesn’t matter, then go with the Lite.

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IBKR Lite is commission-free, but Interactive earns payment for order flow and doesn’t use its Smart Routing. If you’re beginner with smaller amounts, this is better option.