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Interactive Brokers vs ActivTrades 2019

ForexBrokers.com

Is ActivTrades better than Interactive Brokers? After assessing forex brokers on nearly 100 different variables, Interactive Brokers is better than ActivTrades. Professional traders and highly experienced investors looking for a complete multi-asset broker will find Interactive Brokers offers a comprehensive platform with competitive fees across multiple global financial markets.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Interactive Brokers ActivTrades
Overall 4 3.5
Interactive Brokers Review ActivTrades Review
63.5% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Interactive Brokers ActivTrades
Trust Score 91 75
Year Founded
1977 2001
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
5 1
Tier-2 Licenses
0 1
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Interactive Brokers ActivTrades
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
Yes No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
Yes No

Tier-2 Licenses

Feature Interactive Brokers ActivTrades
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No Yes

Tier-3 Licenses

Feature Interactive Brokers ActivTrades
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No Yes

Investments

Feature Interactive Brokers ActivTrades
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
115 47
CFDs - Total Offered
6100 541
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4.5 3.5
Winner check_circle

Cost

Feature Interactive Brokers ActivTrades
Average Spread EUR/USD - Standard
N/A 0.63 (as of May 2019)
All-in Cost EUR/USD - Active
N/A N/A
Active Trader or VIP Discounts
Yes No
Commissions & Fees 4 2
Winner check_circle

Funding

Feature Interactive Brokers ActivTrades
Minimum Initial Deposit
$0 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No Yes
UnionPay (Deposit/Withdraw)
No No

Trading Platforms

Feature Interactive Brokers ActivTrades
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
No Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No

Trading Tools

Feature Interactive Brokers ActivTrades
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
300 7
Charting - Indicators / Studies (Total)
121 51
Charting - Drawing Tools (Total)
9 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4 3.5
Winner check_circle

Mobile Trading

Feature Interactive Brokers ActivTrades
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
68 30
Charting - Draw Trend Lines
No Yes
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
No No
Mobile Trading 4 3
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Research

Feature Interactive Brokers ActivTrades
Daily Market Commentary
No Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No No
AutoChartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Trading / Copy-Trading
No Yes
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3.5 3
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Education

Feature Interactive Brokers ActivTrades
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
No No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Tutorials/Guide (PDF or Interactive)
Yes No
Education 4 3
Winner check_circle

Major Forex Pairs

Feature Interactive Brokers ActivTrades
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes Yes
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature Interactive Brokers ActivTrades
Interactive Brokers Review ActivTrades Review
Overall 4 3.5
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After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare ActivTrades vs Interactive Brokers.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Interactive Brokers's score is 4.00 stars versus ActivTrades's 2.00 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ActivTrades alongside Interactive Brokers are regulated in a major hub. Interactive Brokers is a publicly traded company, while ActivTrades is not. As far as how many currency pairs are available for trading, here's the answer. Interactive Brokers offers its clients access to 115 different currency pairs while ActivTrades has 47 available pairs, a difference of 68.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. ActivTrades makes Meta Trader available to clients, while Interactive Brokers does not. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Interactive Brokers trails ActivTrades by 22 total charting tools, with ActivTrades offering 31 and Interactive Brokers offering 9. Interactive Brokers offers its clients access to 121 different indicators (for example, volume) while ActivTrades has 51 available indicators, a difference of 70.

ActivTrades Review
Interactive Brokers Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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