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. |
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. |
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 1 Other Licenses 1 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 | 2012 |
💳 Minimum Deposit | |
$ - 0 | 0 |
💰 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 | 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR |
🗽 Available to U.S Citizens | |
Yes | No |
❌ Restricted Countries | |
AF, SY, SO, SD, LY, NG, BI. | US, IR, SY |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
78 markets | N/A |
📘 Currency Pairs | |
105 | 73 |
📗 Commodities | |
35 markets | 5 |
📕 Indices | |
13 | 25 |
📔 ETFs | |
13,000+ | N/A |
💸 Cryptocurrencies | |
4 | 4 |
📒 Bonds | |
60,000+ | N/A |
📓 Options | |
33 markets | N/A |
📗 Futures | |
32 markets | 46 |
📝 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 Valutrades assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
From 1 share - except for exchanges that allow fractional trading (US stock exchanges) |
N/A |
📉 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 |
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: 0.01 Contracts of Gold) |
📉 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 | 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 | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
No | Yes |
📺 MetaTrader 5 | |
No | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
No | No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
One free withdrawal per month, subsequent are $10 per withdrawal or equivalent |
Three free withdrawals a month, then 5% processing fee |
💰 Commissions | |
Commissions depend on market and residency:
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Yes (Eg: Forex commission of $3 per side with ECN account) |
Spreads |
📈 EUR/USD | |
Dynamic - From 0.1 pips | Dynamic - From 0.1 Pips |
📉 SP500 | |
Dynamic - From 1 Pip | Dynamic - From 34 Pips |
📈 GOLD | |
N/A | Dynamic - From 22 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $0.50 | N/A |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
N/A | Dynamic - From $90 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
Yes | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
Yes | No |