FXCM vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how FXCM and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FXCM | Interactive Brokers | |
|---|---|---|
| Regulators | FCA | FCA, CBI, ASIC |
| Minimum deposit | 50 currency units by card (UK); no minimum by wire | No 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 leverage | 30:1 on major forex pairs for UK retail clients (Stratos Markets Limited) | – |
| Platforms | Trading Station, MetaTrader 4, TradingView | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | – | 59.7% |
Full reviews: FXCM review · Interactive Brokers review
Frequently asked questions
What is the minimum deposit at FXCM and Interactive Brokers?
FXCM: 50 currency units by card (UK); no minimum by wire. Interactive Brokers: No account minimum.
Are FXCM and Interactive Brokers regulated?
FXCM: FCA. 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