Updated May 13 2022
Overview | |
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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.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 10 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 - 3 Days | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1978 | 2001 |
💳 Minimum Deposit | |
$ - 0 | $100 |
💰 Payment Methods | |
💵 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 | 6 - GBP, USD, EUR, AUD, JPY, CHF. |
🗽 Available to U.S Citizens | |
Yes | Yes |
❌ Restricted Countries | |
AF, SY, SO, SD, LY, NG, BI. | None |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
78 markets | 4,500+ |
📘 Currency Pairs | |
105 | 93 |
📗 Commodities | |
35 markets | 35 |
📕 Indices | |
13 | 24 |
📔 ETFs | |
13,000+ | 700+ |
💸 Cryptocurrencies | |
4 | 5 |
📒 Bonds | |
60,000+ | 14 |
📓 Options | |
33 markets | N/A |
📗 Futures | |
32 markets | N/A |
📝 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 Forex.com’s assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
From 1 share - except for exchanges that allow fractional trading (US stock exchanges) |
Varies per share (eg: 0.3 AMZN shares) |
📉 Minimum ETFs Trade Size | |
N/A for EU Citizens | Varies per ETF (eg: 5 contracts of XLK) |
📈 Minimum Crypto Trade Size | |
No minimum, but minimum fee is $1.75 per order |
Varies per Cryptocurrency (eg: 0.01 BTC) |
📉 Minimum FX Trade Size | |
$25,000 (0.25 lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
Varies per commodity (eg: 1 Ounce of Gold) | Varies per commodity (eg: 1 contract of Gold) |
📉 Minimum Bonds Trade Size | |
$1,000 for corporate/muni bonds, $1 million for treasury bonds | Varies per Bond (eg: 1 contract of Euro Bobl) |
📈 Minimum Futures Trade Size | |
1 contract | N/A |
📉 Minimum Options Trade Size | |
1 contract | N/A |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
N/A | Up to 1:500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
No | Yes |
📺 MetaTrader 5 | |
No | Yes |
💻 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 | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
No | Yes, $15 monthly after 1 year of inactivity. |
💰 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:
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Yes depending on account type.
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.1 pips | Dynamic - From 0.8 Pips |
📉 SP500 | |
Dynamic - From 1 Pip | From 60 Pips |
📈 GOLD | |
N/A | From 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $0.50 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
N/A | Dynamic - Market Spread |
📉 BTC | |
N/A | From $120 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
Yes | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | Yes |