Interactive Brokers Vs. Valutrades - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

• 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

• Currency traders looking for an ECN broker
• Professional currency traders looking for an API offering
• Traders looking for a narrow range of commodities, cryptocurrencies 

• 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)

• FSAS (Seychelles)
• FCA (UK)

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

• Scalping is allowed (great for professional traders)
• Competitive commissions of $3 per lot round turn
• Access to ECN or DMA accounts 

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

• Asset offering is poor (only 80 instruments and no stocks or ETFs)
• Doesn’t have its on trading application

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

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

• Bank Transfer
• ACH (US only)
• Check (US only)
• Debit Card (US only)
• BPAY (Australia only)

• Visa
• Mastercard
• Maestro
• American Express
• AstroPay
• Diners
• SticPay
• PayPal
• Skrill
• Neteller e-wallets
• Wire transfers
• Giropay
• iDEAL
• JCB
• Klarna
• POLiPaysafecard
• Przelwy24
• Rapid Transfer
• AliPay

AF, SY, SO, SD, LY, NG, BI.

US, IR, SY.

Three free withdrawals a month, then 5% processing fee.

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

Yes (Eg: Forex commission of $3 per side with ECN account).