Compare Vs Interactive Brokers: Which is the Better Forex Broker in 2024?
Vs Interactive Brokers, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Vs Interactive Brokers, here is the direct comparison:
Feature | Interactive Brokers |
General Rating |
2.42/5 |
||
Score | 66 | 0 | |
Trustpilot |
3.5/5 2653 users |
||
💼 Regulation | |||
❗Info | |||
⌛ Established | 1977 | ||
💲 Min Deposit | $10000 | ||
⚖ Max Leverage | 1:100 | ||
🔢 Spread | Fixed | ||
💸 Commissions | |||
💡 Min Position | 0.25 lot |
💳 Payment | Wire transfer, Check and BPAY | ||
🏢 Office(s) |
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | German, Spanish, French, Italian, Japanese, Russian, Chinese |
🚪 Trade Now | Open Interactive Brokers |
Testimonials
-
Interactive Brokers: I have worst CS moment here. They are a bit...
-
Interactive Brokers: While the platform is good. When you have a problem...
-
Interactive Brokers: The web site does not always connect you may have...
-
Interactive Brokers: The platform is absolutely solid and the folks at IB...
-
Interactive Brokers: Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services
-
Interactive Brokers: I have worst CS moment here. They are a bit...
-
Interactive Brokers: While the platform is good. When you have a problem...
-
Interactive Brokers: The web site does not always connect you may have...
-
Interactive Brokers: The platform is absolutely solid and the folks at IB...
-
Interactive Brokers: Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services
-
Interactive Brokers: I have worst CS moment here. They are a bit...
-
See More Interactive Brokers Testimonials
News
-
China Launches 1 Trillion Yuan Stimulus: Expert Opinions
-
FXOpen Forex Broker Adds Hong Kong Stocks to TickTrader Platform
-
eToro Teams Up With 21Shares: Unveiling a Data-Driven Crypto Portfolio
-
IC Markets & APG University Partner for Prop Trading Innovation
-
FxGrow Upgrades Trading Infrastructure with Integral's SaaS Solutions
-
Kashkari from the Fed: Interest Rates Should Stay High
-
Admirals Forex Broker Pauses New Client Registrations in Europe
-
Malaysia Gets Early Access to Revamped Octa's Trading Platform
-
US Dollar Tumbles on Disappointing US Inflation Data
-
AUD/USD Rises on Rumors of Chinese Property Rescue Package
Articles
-
10 Most Successful Traders in Indonesia
-
Exness Recap in 2023: A Performance Review
-
Grab Your 10 Percent Bonus and Trade Like a Pro at RoboForex
-
How to Open Account in Blaze Markets Broker
-
Trade More, Earn More: Get Paid Back with RoboForex Cashback
-
How to Navigate eToro's TipRanks for Market Research
-
How to Avoid Trading Scams in Indonesia
-
Top 5 eToro Forex Signal Providers by Return Rate
-
Top 5 eToro Forex Signal Providers by Number of Copiers
-
Guide to Key Economic Events of the United Kingdom
More Comparisons
- OANDA vs Vantage Markets
- InstaForex vs IC Markets
- AvaTrade vs Dukascopy
- FXOpen vs Axi
- FXTM vs ThinkMarkets
- LiteFinance vs RoboForex
- eToro vs Blueberry Markets
- MTrading vs Pepperstone
- Interactive Brokers vs XM
- FP Markets vs Tickmill
- FBS vs Octa
- Exness vs JustMarkets
- FirewoodFX vs HF Markets
- easyMarkets vs Admirals
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, provides their pricing with spread while Interactive Brokers offers Fixed spread.
vs Interactive Brokers: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, enables trading with . The offer is supported with . In comparison, Interactive Brokers provides trading with Web Trader (SerSart), FX-Trader, Trader Workstation with the support of One-click trading, Trailing stop, Pending orders.
Is or Interactive Brokers better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, supports trading with , while Interactive Brokers presents the ability of trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to and Interactive Brokers:
- Compare vs Array
- Compare vs Array
- Compare vs Array
- Compare Interactive Brokers vs Array
- Compare Interactive Brokers vs Array
- Compare Interactive Brokers vs Array
For more comparisons, visit this page.