The Forex Bridge
☰

eToro vs Interactive Brokers

By · Facts re-checked (UTC)

Here is how eToro and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

eToroInteractive Brokers
RegulatorsFCA, CySEC, ASICFCA, CBI, ASIC
Minimum deposit$10 to $10,000 first deposit depending on regionNo account minimum
Commission–0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I
Max leverage30:1 on major currency pairs (retail)–
Platforms–Trader Workstation (TWS), IBKR Mobile, Client Portal
Retail accounts losing money–59.7%

Full reviews: eToro review · Interactive Brokers review

Frequently asked questions

What is the minimum deposit at eToro and Interactive Brokers?

eToro: $10 to $10,000 first deposit depending on region. Interactive Brokers: No account minimum.

Are eToro and Interactive Brokers regulated?

eToro: FCA, CySEC, ASIC. Interactive Brokers: FCA, CBI, ASIC.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more