FXTM vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how FXTM and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FXTM | Interactive Brokers | |
|---|---|---|
| Regulators | FSC Mauritius, CMA Kenya | FCA, CBI, ASIC |
| Minimum deposit | – | No account minimum |
| Spreads from | from 0.0 pips (Advantage account) | – |
| Commission | – | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I |
| Platforms | MetaTrader 4, MetaTrader 5 | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | – | 59.7% |
Full reviews: FXTM review · Interactive Brokers review
Frequently asked questions
Are FXTM and Interactive Brokers regulated?
FXTM: FSC Mauritius, CMA Kenya. 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