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Trader Workstation vs uSMART Trade: catalog facts
Trader WorkstationuSMART Trade

Best for: Active traders with an Interactive Brokers account

Best for: Retail investors trading US, Hong Kong and Singapore stocks through uSMART

Free

The software is a free download; trading costs and account terms are set by Interactive Brokers.

Free

The app is free; trading fees apply per uSMART's pricing, with no deposit minimum.

macOS macOS, Android
  • Access to many asset classes and global markets from one application
  • Advanced order types and risk analysis tools
All 3 strengths for Trader Workstation
  • Access to many asset classes and global markets from one application
  • Advanced order types and risk analysis tools
  • Official user guides from the broker
  • Fractional shares from 1/100,000 of a share
  • Extended US trading hours
All 4 strengths for uSMART Trade
  • Fractional shares from 1/100,000 of a share
  • Extended US trading hours
  • Free real-time Nasdaq Basic and NYSE ArcaBook quotes
  • No-fee in-app currency exchange
  • Only works with an Interactive Brokers account
  • Aimed at active traders, so the interface is dense for casual investors
  • Requires a uSMART brokerage account
  • Only useful with this one broker
Downloadable app Downloadable app
Not open source Not open source
License not stated License not stated
Account needed Account needed
Needs internet Needs internet
Sources for Trader Workstation

Catalog checked October 1, 2026

Sources for uSMART Trade

Catalog checked October 2, 2026

“Not stated” means we have not confirmed it. Features can vary by device and plan.