Written by ForexBrokers.com
In this head to head comparison of Interactive Brokers vs FxPro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Interactive Brokers vs FxPro: Interactive Brokers (founded in 1977) is a publicly traded online broker, while FxPro (founded in 2006) is privately held. Interactive Brokers is not a bank; FxPro is a bank.
Regulation and trust: According to ForexBrokers.com, scores of 90–99 mean highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. Interactive Brokers scores 99 (highly trusted) and holds 8 Tier-1 and 2 Tier-2 licenses. FxPro scores 93 (highly trusted) and holds 2 Tier-1 and 1 Tier-2 licenses—Tier-1 is considered highly trusted and Tier-2 trusted by ForexBrokers.com.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Year Founded | 1977 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 8 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Interactive Brokers is the stronger choice for commissions and fees, earning 5 stars and ranking #2 out of 36 brokers. Its forex pricing is built around low commissions rather than marked-up spreads, and recent Q3 2024 data showed an average EUR/USD spread of 0.19 pips, or about 0.59 pips all-in after commission. IBKR’s minimum charge is $2 per side, so smaller trades can feel more expensive, but active traders may qualify for lower rates, and larger orders can benefit from better execution.
FxPro, by comparison, is rated 4 stars and ranked #29 out of 36 for commissions and fees. Its pricing is generally higher than average, with its most competitive option on cTrader producing an effective EUR/USD cost of about 1.27 pips after commission. On MT4 and MT5, spreads are typically wider, and while FxPro does offer variable and fixed-spread choices plus an active trader discount program, the overall cost structure still trails many low-cost rivals.
In simple terms, Interactive Brokers is the better pick if keeping trading costs low is your main goal, especially for frequent forex trading. FxPro can still work for traders who value its platform choices and account features, but its commissions and spreads are noticeably less competitive than IBKR’s.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 0.226 | 1.6 |
| All-in Cost EUR/USD - Active | 0.226 | 1.3 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Interactive Brokers offers a much wider range of investments than FxPro, making it a stronger choice for traders and investors who want more market access. Interactive Brokers provides about 8,500 tradeable symbols and 90 forex pairs, while FxPro offers around 2,249 symbols and 70 forex pairs. Both brokers support forex trading, and both give access to international exchange-traded securities, but only Interactive Brokers lets clients buy U.S.-listed stocks directly, such as Apple shares.
The difference is also clear in extras and crypto access. FxPro supports copy trading and cryptocurrency CFDs, while Interactive Brokers does not offer copy trading or crypto CFDs. On the other hand, Interactive Brokers allows clients to buy actual cryptocurrency, which FxPro does not. Based on range of investments, Interactive Brokers is rated 5 out of 5 stars and ranks #1 out of 36 brokers at ForexBrokers.com, while FxPro is rated 4 out of 5 stars and ranks #24.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8500 | 2249 |
| Forex Pairs (Total) | 90 | 70 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | No | Yes |
| 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). | 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). |
Dive deeper: Best Copy Trading Platforms.
Interactive Brokers and FxPro both give traders a wide range of platform choices, including a free demo account, a proprietary platform, a Windows desktop app, and a web-based platform. Both also let users trade directly from a chart, which can make order entry quicker and easier. In this area, Interactive Brokers stands out with a 5-star rating for Trading Platforms and Tools and a #2 ranking out of 36 brokers from ForexBrokers.com, compared with FxPro’s 4-star rating and #18 ranking.
The main difference is in extra trading features. FxPro supports copy trading and also offers MetaTrader 4 and MetaTrader 5, which may appeal to traders who want popular third-party platforms and social-style trading options. Interactive Brokers does not offer copy trading, MT4, or MT5, but it remains a strong choice for traders who want a highly rated platform lineup with solid charting and account tools.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 155 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Interactive Brokers and FxPro both make it easy to trade on the go with iPhone and Android apps, plus mobile price alerts, watchlist syncing, and trendline drawing on charts. That means both apps cover the core tools most traders want in a simple, convenient mobile experience. For everyday use, each broker gives clients a way to follow the market, track favorite symbols, and manage trades from a phone or tablet.
The main difference is in charting and overall app performance. Interactive Brokers offers 155 technical studies in its mobile app, compared with 65 at FxPro, which gives active chart users more ways to analyze price action. Interactive Brokers also earns a higher Mobile Trading Apps rating at 5 stars and ranks #4 out of 36 brokers at ForexBrokers.com, while FxPro scores 4.5 stars and ranks #15. FxPro does have one handy advantage, since it auto-saves chart drawings in the mobile app, while Interactive Brokers does not.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 155 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Interactive Brokers and FxPro both give traders helpful market research tools, including daily market commentary, news from top sources like Bloomberg and Reuters, Trading Central analysis, a sentiment tool, and an economic calendar. Neither broker includes Autochartist, so traders looking for that specific service will not find it at either platform.
Where Interactive Brokers pulls ahead is in the extra research it offers. It includes TipRanks and Acuity Trading tools, while FxPro does not. This wider set of resources helps explain why Interactive Brokers earns 5 stars for Research and ranks #3 out of 36 brokers on ForexBrokers.com, compared with FxPro’s 4-star rating and #23 ranking.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning tools, Interactive Brokers clearly gives new traders more to work with than FxPro. Interactive Brokers offers forex and CFDs education, holds monthly educational webinars, and provides at least 10 beginner videos plus 10 advanced videos, which makes it a stronger pick for traders who want to keep learning as they gain experience. It also earns a 5-star Education rating and ranks #1 out of 36 brokers for Education at ForexBrokers.com.
FxPro still offers useful beginner video content and does provide forex or CFDs education, but it falls short in a few key areas for learners who want more ongoing support. It does not offer monthly educational webinars and does not have at least 10 advanced educational videos, and its Education score is 4 stars with a rank of #17 out of 36. For beginners looking for more classes, videos, and live learning opportunities, Interactive Brokers has the edge.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than FxPro. Interactive Brokers finished with an overall rank of #2, while FxPro finished with an overall rank of #20.
Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.
| Feature |
Interactive Brokers
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FxPro
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| Trust Score | 99 | 93 |
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Interactive Brokers vs. FxPro: Interactive Brokers supports buying actual (delivered) cryptocurrency but not cryptocurrency CFDs, whereas FxPro provides cryptocurrency CFD trading but does not offer purchases of actual (delivered) crypto.
Interactive Brokers vs FxPro: both support ACH/SEPA transfers and bank wires for deposits and withdrawals, FxPro additionally accepts PayPal and Skrill while Interactive Brokers does not, and Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Interactive Brokers | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | FxPro Review |
| Broker Screenshots | Interactive Brokers | FxPro | |
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| Regulation | Interactive Brokers | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 1977 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Interactive Brokers | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Interactive Brokers | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Interactive Brokers | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8500 | 2249 | |
| Forex Pairs (Total) | 90 | 70 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | No | Yes | |
| 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). | 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). |
| Cost | Interactive Brokers | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.226 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.226 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | No | Yes |
| Funding | Interactive Brokers | FxPro | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | Interactive Brokers | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | Interactive Brokers | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 155 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Interactive Brokers | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 155 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Interactive Brokers | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Interactive Brokers | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Interactive Brokers | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Interactive Brokers Review | FxPro Review |
| Overall | Interactive Brokers | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | FxPro Review |
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