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Online Brokerage Comparison Tool

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. To best support your experience, providers are displayed based on your geo location. Please note: Product offerings may vary depending on your country of residence.

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Overall RatingInteractive Brokers
Overall Rating 5/5 Stars
Commissions & Fees 5/5 Stars
Offering of Investments 5/5 Stars
Platform & Tools 5/5 Stars
Mobile Trading 5/5 Stars
Research 5/5 Stars
Education 4.5/5 Stars
Trust Score 99
Winner check_circle
Review Interactive Brokers Review
RegulationInteractive Brokers
Trust Score 99
Year Founded 1977
Publicly Traded (Listed) Yes
Bank No
Authorised in European Union Yes info
Tier-1 Licenses 8
Tier-2 Licenses 1
Tier-3 Licenses 0
Tier-1 Licenses (High Trust)Interactive Brokers
ASIC Authorised (Australia) Yes
IIROC Authorised (Canada) Yes
SFC Authorised (Hong Kong) Yes
CBI Authorised (Ireland) Yes
FSA Authorised (Japan) Yes
MAS Authorised (Singapore) Yes
FINMA Authorised (Switzerland) Yes
FCA Authorised (U.K.) Yes
CFTC Registered (USA) Yes
FMA Authorised (New Zealand) No
Tier-2 Licenses (Average Trust)Interactive Brokers
CBRC Authorised (China) No
CySEC Authorised (Cyprus) No
SEBI Authorised (India) Yes
ISA Authorised (Israel) No
CBR Authorised (Russia) No
FSCA Authorised (South Africa) No
SEC Authorised (Thailand) No
DFSA / Central Bank Authorised (UAE) No
Tier-3 Licenses (Low Trust)Interactive Brokers
SCB Authorised (Bahamas) No
IFSC Authorised (Belize) No
CIMA Authorised (Cayman Islands) No
BMA Authorised (Bermuda) No
FSC Authorised (British Virgin Islands) No
FSC Authorised (Mauritius) No
VFSC Authorised (Vanuatu) No
InvestmentsInteractive Brokers
Forex Trading (Spot or CFDs) Yes
Tradeable Symbols (Total) 8500
Forex Pairs (Total) 90
U.S. Stock Trading (Non CFD) Yes
Int'l Stock Trading (Non CFD) Yes
Social Trading / Copy Trading No
Cryptocurrency (Physical) Yes
Cryptocurrency (CFD) No
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostInteractive Brokers
Average Spread EUR/USD - Standard 0.6 (Aug 2022)
All-in Cost EUR/USD - Active 0.6 (Aug 2022)
Active Trader or VIP Discounts Yes
Execution: Agency Broker Yes
Execution: Market Maker No
FundingInteractive Brokers
Minimum Initial Deposit $0
PayPal (Deposit/Withdraw) No
Skrill (Deposit/Withdraw) No
Visa/Mastercard (Credit/Debit) No
Bank Wire (Deposit/Withdraw) Yes
Trading PlatformsInteractive Brokers
Proprietary Platform Yes
Desktop Platform (Windows) Yes
Web Platform Yes
Social Trading / Copy Trading No
MetaTrader 4 (MT4) No
MetaTrader 5 (MT5) No
cTrader No
DupliTrade No
ZuluTrade No
Trading ToolsInteractive Brokers
Virtual Trading (Demo) Yes
Alerts - Basic Fields Yes
Watchlists - Total Fields 640
Charting - Indicators / Studies (Total) 128
Charting - Drawing Tools (Total) 85
Charting - Trade From Chart Yes
Charts can be saved Yes
Mobile TradingInteractive Brokers
Android App Yes
Apple iOS App Yes
Mobile Alerts - Basic Fields Yes
Mobile Watchlist Yes
Watchlist Syncing Yes
Mobile Charting - Indicators / Studies 97
Mobile Charting - Draw Trendlines Yes
Mobile Charting - Multiple Time Frames Yes
Mobile Charting - Drawings Autosave No
Forex Calendar Yes
ResearchInteractive Brokers
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Autochartist No
Trading Central (Recognia) Yes
Social Sentiment - Currency Pairs Yes
Economic Calendar Yes
EducationInteractive Brokers
Has Education - Forex or CFDs Yes
Client Webinars Yes
Client Webinars (Archived) Yes
Videos - Beginner Trading Videos Yes
Videos - Advanced Trading Videos Yes
Investor Dictionary (Glossary) Yes
Major Forex PairsInteractive Brokers
GBP/USD Yes
USD/JPY Yes
EUR/USD Yes
USD/CHF Yes
USD/CAD Yes
NZD/USD Yes
AUD/USD Yes
Review Interactive Brokers Review
OverallInteractive Brokers
Overall Rating 5/5 Stars
Commissions & Fees 5/5 Stars
Offering of Investments 5/5 Stars
Platform & Tools 5/5 Stars
Mobile Trading 5/5 Stars
Research 5/5 Stars
Education 4.5/5 Stars
Trust Score 99
Winner check_circle
Review Interactive Brokers Review
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