easyMarkets
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75% of retail CFD accounts lose money.

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Interactive Brokers
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Investing in financial products involves taking risk.

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

Updated May 13 2022

Visit

75% of retail CFD accounts lose money.

Visit

Investing in financial products involves taking risk.

Overview

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.

Best For
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

10

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
  • SEC (United States)
  • FINRA (United States)
  • FCA (United Kingdom)
  • ASIC (Australia)
  • IIROC (Canada)
  • MNB (Hungary)
  • BSE (India)
  • CBI (Ireland)
  • FSA (Japan)
  • CSSF (Luxembourg) CSSF
  • MAS (Singapore)
The Good
  • 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
The Bad
  • 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)
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 - 3 Days
📋 Documents Required
  • 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.

📍 Year Founded
2001 1978
💳 Minimum Deposit

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

$ - 0
💰 Payment Methods
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
  • Bank Transfer
  • ACH (US only)
  • Check (US only)
  • Debit Card (US only)
  • BPAY (Australia only)
💵 Account Base Currencies

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

23 - USD, EUR, GBP, AUD, CAD, CHF, CNY, CZK, DK, HKD, HUF, INR, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SGD, ZAR, KRW, SEK
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE AF, SY, SO, SD, LY, NG, BI.
📊 STP Account
No Yes
📊 DMA Account
No Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets

CFDs on commodities, forex, stocks, cryptocurrencies and indices.

  • Real stocks, currencies, ETFs, options, futures, bonds, cryptocurrencies
  • CFDs on almost every possible asset class
  • Structured Products
📙 Stocks
64 78 markets
📘 Currency Pairs
62 105
📗 Commodities
17 35 markets
📕 Indices
13 13
📔 ETFs
N/A 13,000+
💸 Cryptocurrencies
17 4
📒 Bonds
N/A 60,000+
📓 Options
23 33 markets
📗 Futures
N/A 32 markets
📝 Notes:

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).

Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25)

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

📉 Minimum ETFs Trade Size
N/A N/A for EU Citizens
📈 Minimum Crypto Trade Size
$2,500 (0.025 lots)

No minimum, but minimum fee is $1.75 per order

📉 Minimum FX Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG) $25,000 (0.25 lots)
📈 Minimum Commodities Trade Size
N/A Varies per commodity (eg: 1 Ounce of Gold)
📉 Minimum Bonds Trade Size
>N/A $1,000 for corporate/muni bonds, $1 million for treasury bonds
📈 Minimum Futures Trade Size
N/A 1 contract
📉 Minimum Options Trade Size
Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD) 1 contract
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
Yes, it's possible to adjust it using pre-set levels by EasyMarkets. No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes, for Web and App accounts No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
N/A No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

💰 Commissions
No

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
Spreads
📈 EUR/USD

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

Dynamic - From 0.1 pips
📉 SP500
Fixed at 150 Pips Dynamic - From 1 Pip
📈 GOLD

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

N/A
📉 TSLA (Stock CFD)
$13 Dynamic - From $0.50
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC

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

N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No Yes

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