Interactive Brokers
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Investing in financial products involves taking risk.

Vs.

easyMarkets
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75% of retail CFD accounts lose money.

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

Updated Jan 12 2022

Visit

Investing in financial products involves taking risk.

Visit

75% of retail CFD accounts lose money.

Overview

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.

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

Best For
  • 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
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
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The Good
  • High regulation
  • Exceptional number of investment instruments (Above 100,000+)
  • Competitive discount fees
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
The Bad
  • Complicated account opening process
  • Platforms are not beginner friendly
  • Narrow choice of deposit options (Mostly bank transfer)
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 - 3 Days 1 Day
📋 Documents Required
  • 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.

  • 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.

🏛 Financial Regulators
  • 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)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
📍 Year Founded
1978 2001
💳 Minimum Deposit
$ - 0

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

💰 Payment Methods
  • Bank Transfer
  • ACH (US only)
  • Check (US only)
  • Debit Card (US only)
  • BPAY (Australia only)
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
💵 Account Base Currencies
23 - USD, EUR, GBP, AUD, CAD, CHF, CNY, CZK, DK, HKD, HUF, INR, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SGD, ZAR, KRW, SEK

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

🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
AF, SY, SO, SD, LY, NG, BI. 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
📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks, currencies, ETFs, options, futures, bonds, cryptocurrencies
  • CFDs on almost every possible asset class
  • Structured Products

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

📙 Stocks
78 markets 64
📘 Currency Pairs
105 62
📗 Commodities
35 markets 17
📕 Indices
13 13
📔 ETFs
13,000+ N/A
💸 Cryptocurrencies
4 17
📒 Bonds
60,000+ N/A
📓 Options
33 markets 23
📗 Futures
32 markets No
📝 Notes:

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

All of easyMarkets assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size

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

Varies per stock (Eg: AMZN 0.05, APPL 0.25)
📉 Minimum ETFs Trade Size
N/A for EU Citizens N/A
📈 Minimum Crypto Trade Size

No minimum, but minimum fee is $1.75 per order

$2,500 (0.025 lots)
📉 Minimum FX Trade Size
$25,000 (0.25 lots) Varies per commodity (Eg: $25 for WTI, $75 for XAG)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 Ounce of Gold) N/A
📉 Minimum Bonds Trade Size
$1,000 for corporate/muni bonds, $1 million for treasury bonds >N/A
📈 Minimum Futures Trade Size
1 contract N/A
📉 Minimum Options Trade Size
1 contract Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD)
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
No Yes, it's possible to adjust it using pre-set levels by EasyMarkets.
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes, for Web and App accounts
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No N/A
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions

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
No
Spreads
📈 EUR/USD
Dynamic - From 0.1 pips

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

📉 SP500
Dynamic - From 1 Pip Fixed at 150 Pips
📈 GOLD
N/A

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

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

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

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

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