Global Prime vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how Global Prime and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Global Prime | Interactive Brokers | |
|---|---|---|
| Regulators | ASIC, FSA Seychelles | FCA, CBI, ASIC |
| Minimum deposit | No minimum deposit (payment methods may have their own) | No account minimum |
| Commission | Standard $0; Raw $3.5 per side | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I |
| Max leverage | Adjustable 1:30 to 1:1000 (offshore entity) | – |
| Platforms | – | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | – | 59.7% |
Full reviews: Global Prime review · Interactive Brokers review
Frequently asked questions
What is the minimum deposit at Global Prime and Interactive Brokers?
Global Prime: No minimum deposit (payment methods may have their own). Interactive Brokers: No account minimum.
Are Global Prime and Interactive Brokers regulated?
Global Prime: ASIC, 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