FP Markets vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how FP Markets and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FP Markets | Interactive Brokers | |
|---|---|---|
| Regulators | ASIC, CySEC, FSCA, FSA Seychelles | FCA, CBI, ASIC |
| Minimum deposit | – | No account minimum |
| Spreads from | from 0.0 pips (Raw) | – |
| Commission | US$3 per lot per side (Raw, MT4/MT5) | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I |
| Max leverage | 1:500 (MT4/MT5/cTrader, non-EU/non-AU entity) | – |
| Platforms | MT4, MT5, cTrader, TradingView, WebTrader | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | – | 59.7% |
Full reviews: FP Markets review · Interactive Brokers review
Frequently asked questions
Are FP Markets and Interactive Brokers regulated?
FP Markets: ASIC, CySEC, FSCA, FSA Seychelles. 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