Compare Interactive Brokers Vs FxPro: Which is the Better Forex Broker in 2024?
Interactive Brokers Vs FxPro, 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 Interactive Brokers Vs FxPro, here is the direct comparison:
Compare | Interactive Brokers | FxPro |
General Rating |
2.43/5 |
3.13/5 |
Score | ||
Trustpilot |
3.6/5 2597 users |
3.9/5 131 users |
πΌ Regulation | ||
β Info | ||
β Established | 1977 | 2006 |
π² Min Deposit | $10000 | $100 |
β Max Leverage | 1:100 | 1:1000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $4.50 | |
π‘ Min Position | 0.25 lot | 0.01 lot |
π³ Payment | Wire transfer, Check and BPAY | PayPal, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Crypto, Ethereum and Tether (USDT) |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | German, Spanish, French, Italian, Japanese, Russian, Chinese | Arabic, Czech, German, English, Spanish, French, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese |
πͺ Trade Now | Open Interactive Brokers | Open FxPro |
Compare Again
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
-
FxPro: Works smooth
-
FxPro: An optimized platform
-
FxPro: Everything's on the website
-
FxPro: Educational resources
-
FxPro: Support
-
See More Interactive Brokers Testimonials
-
See More FxPro Testimonials
News
-
Maximize Your Trading Rewards This Ramadan with FxPro's Special Offer
-
Interactive Brokers Forex Broker Sees 11% Jump in DARTs
-
Interactive Brokers Rocks Q4: Strong Revenue Led by Options Surge
-
Interactive Brokers Continues Success, Surpassing 2.5 Million Clients
-
FxPro UK Revenue Grows Despite Net Loss
-
Interactive Brokers Merging Europe and Ireland Office
-
Interactive Brokers Trading Volume in August Remains Flat
-
FxPro Establishes Presence in MENA with Dubai Office
-
FxPro Signs Sponsorship with MMA Athlete Aleksandr Chizov
-
See More Related Interactive Brokers News
-
See More Related FxPro News
Article
-
Your Definitive Guide to FxPro Regulations
-
How to Deposit on FxPro Broker
-
What is FxPro Trading Central?
-
Benefits of Using FxPro Trading App
-
FxPro Platform Comparison: What's the Difference?
-
How to Verify Account in FxPro
-
How to Open Account in FxPro
-
Saxo Bank and Interactive Brokers: Which One is the Best?
-
See More Related Interactive Brokers Article
-
See More Related FxPro Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Forex4You
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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, Interactive Brokers provides their pricing with Fixed spread while FxPro offers Variable spread.
Interactive Brokers vs FxPro: 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, Interactive Brokers enables trading with Web Trader (SerSart), FX-Trader, Trader Workstation. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FxPro provides trading with MetaTrader 4, MetaTrader 5, Mobile Trading Platform, cTrader, Web Trading with the support of One-click trading, Trailing stop, Pending orders.
Is Interactive Brokers or FxPro 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, Interactive Brokers supports trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Crypto, while FxPro presents the ability of trading with Forex, Indexes, Metals, Energies, Crypto, Indices, Stocks, Futures.
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 Interactive Brokers and FxPro:
- Compare Interactive Brokers vs Orbex
- Compare Interactive Brokers vs Grand Capital
- Compare Interactive Brokers vs Dukascopy
- Compare FxPro vs eToro
- Compare FxPro vs Exness
- Compare FxPro vs AvaTrade
For more comparisons, visit this page.