Compare Exness Vs Interactive Brokers: Which is the Better Forex Broker in 2023?
Exness 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 Exness Vs Interactive Brokers, here is the direct comparison:
|❗Information||Testimonials (155), News (62), Articles (23), Promotions (3)||Testimonials (20), News (22), Articles (1)|
|💲 Min Deposit||$1||$10000|
|⚖ Max Leverage||1:2000||1:100|
|💡 Min Position||0.01 lot||0.25 lot|
|💳 Payment||WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC)||Wire transfer, Check and BPAY|
|🧩 Demo Account|
|📁 Segregated Account|
|🕋 Islamic Account|
|👨💻 PAMM Account|
|📈 Managed Account|
|🇺🇸 US traders|
|🏆 Trading contests|
|⚡ Automated trading|
|💰 Bonus offers|
|📖 Free education|
|1️⃣ One-click trading|
|⏱ Trailing stop|
|⏳ Pending orders|
|Gold & Silver|
|🗣 Website Languages||Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese||German, Spanish, French, Italian, Japanese, Russian, Chinese|
|🚪 Trade Now||Open Exness||Open Interactive Brokers|
I have some suggestion
I don't know if I can trust them
Thank you for being responsible
Abundant Instument to choose from
I have worst CS moment here. They are a bit...
While the platform is good. When you have a problem...
The web site does not always connect you may have...
The platform is absolutely solid and the folks at IB...
Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services...
See More Exness Testimonials
See More Interactive Brokers Testimonials
Exness Supports New Sports League in Cyprus
Stanislav Bublik Leaves His Position at Exness
Exness April Trading Volume Slightly Down
Interactive Brokers Trading Volume is Dropped
Exness CCO Damian Bunce Gives Talks at Wealth 3.0 Event
Exness FX Trading Volume Surpassed USD3.8 Trillion
Natalya Maxumova Returns as Exness Head of Development
Exness Chooses Alina Kamalova to Lead Marketing Strategy
Exness Sponsors Installation of New Water Refill Stations in Cyprus
See More Related Exness News
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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, Exness provides their pricing with Variable spread while Interactive Brokers offers Fixed spread.
Exness 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, Exness enables trading with MetaTrader 4, MetaTrader 5. The offer is supported with One-click trading, Trailing stop, Pending orders. 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 Exness 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, Exness supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, 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 Exness and Interactive Brokers:
- Compare Exness vs ActivTrades
- Compare Exness vs FirewoodFX
- Compare Exness vs Monex Investindo Futures
- Compare Interactive Brokers vs FXTM
- Compare Interactive Brokers vs FIBOGroup
- Compare Interactive Brokers vs Tickmill
For more comparisons, visit this page.