FOREX.com vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how FOREX.com and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FOREX.com | Interactive Brokers | |
|---|---|---|
| Regulators | FCA, NFA/CFTC | FCA, CBI, ASIC |
| Minimum deposit | $100 (US); £100 (UK) | No account minimum |
| Spreads from | 0.8 pips EUR/USD (Standard account) | – |
| Commission | RAW Spread account: EUR/USD from 0.2 points plus commission | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I |
| Max leverage | 50:1 (US entity, NFA/CFTC) | – |
| Platforms | FOREX.com web platform, FOREX.com mobile app, TradingView, MetaTrader 4, MetaTrader 5 | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | – | 59.7% |
Full reviews: FOREX.com review · Interactive Brokers review
Frequently asked questions
What is the minimum deposit at FOREX.com and Interactive Brokers?
FOREX.com: $100 (US); £100 (UK). Interactive Brokers: No account minimum.
Are FOREX.com and Interactive Brokers regulated?
FOREX.com: FCA, NFA/CFTC. 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