easyMarkets Vs. Interactive Brokers - Compare and Choose the Right One

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

Interactive Brokers is a global brokerage founded in 1978 that holds 11+ high tier financial licenses and provides discounted electronic trading services in nearly all the globe with access to more than 100,000+ financial instruments.

• Forex traders who want transparent trades with fixed spreads
• Traders who want access to higher leverage with its global entities

• Seasoned investors looking for a one-stop shop to cover a variety of needs
• Global investors who seek the most reliable discount service available
• Traders from intermediate to advanced level

• Low minimum deposit required for standard accounts
• No fees or commissions
• Clear trading conditions with fixed spreads
• Offers free guaranteed stop loss

• High regulation
• Exceptional number of investment instruments (Above 100,000+)
• Competitive discount fees

• Asset offering isn’t that comprehensive
• There is no possibility of buying real stocks or ETFS
• Limited trading hours

• Complicated account opening process
• Platforms are not beginner friendly
• Narrow choice of deposit options (Mostly bank transfer)

• Valid identity documents (Passport, ID card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

$, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP 

19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC

All of easyMarkets assets are CFDs

Interactive brokers provides real assets (equities) from more than 100+ markets (exchanges) across the world and also provides CFDs (in allowed regions).

From 1 share - except for exchanges that allow fractional trading (US stock exchanges)

No minimum, but minimum fee is $1.75 per order

One free withdrawal per month, subsequent are $10 per withdrawal or equivalent

Commissions depend on market and residency:

• US residents are eligible for zero commission US stock trading. Else, for US stocks it is $0.005/share with a minimum $1 and maximum 1% of the trade value.
• European stocks have €3 minimum and 0.05% trade value.
• Forex commissions are volume based starting at 0.20 basis points of trade value or $2 minimum per trade, and going low as 0.08 basis points and $1.
• Options start at $0.25 per contract and go as low as $0.15 per contract.
• Futures start at $0.85 per contract and go as low as $0.25 per contract

Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4)

Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4)

Fixed from $110 for Web/App and $100 for MT4 accounts