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, established in 1977 and publicly traded, stands out with a top Trust Score of 99 out of 99, signifying a highly trusted status according to ForexBrokers.com. It is not a bank, but its extensive regulatory network includes 9 Tier-1 licenses and 2 Tier-2 licenses, reflecting a strong compliance framework. In comparison, FxPro, founded in 2006 and operating as a bank, holds a reputable but slightly lower Trust Score of 93. Although it is not publicly listed, FxPro maintains credibility with 2 Tier-1 licenses and possesses an additional Tier-2 license.
Both Interactive Brokers and FxPro offer reliable choices for online trading, yet their differences lie primarily in their regulatory compositions and company structures. Interactive Brokers' impressive array of Tier-1 licenses reflects its longstanding commitment to regulatory compliance and public accountability. On the other hand, FxPro, operating as a bank, upholds trust with its own solid set of regulatory approvals, making it a worthy contender despite its younger presence in the market and lack of public trading.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Year Founded | 1977 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 9 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Interactive Brokers vs. FxPro on commissions and fees: Interactive Brokers earns 5/5 stars and ranks #2 of 63 for Commissions and Fees, while FxPro earns 4/5 stars and ranks #33 of 63. IBKR generally delivers lower all-in costs if you trade standard lot sizes, aggregating quotes from 17 major banks and charging a small commission instead of marking up spreads. FxPro offers both spread-only and commission-plus-spread options across MetaTrader and cTrader, but its typical costs are higher.
At Interactive Brokers, the average EUR/USD spread observed in Q3 2024 was about 0.19 pips, with an effective all-in cost near 0.59 pips after commission. IBKR’s forex commission runs roughly $16–$40 per million round turn ($8–$20 per side) with a $2 minimum per order, so trades smaller than 100,000 units become proportionally more expensive. A $100k EUR/USD buy then sell equates to about 0.40 pips in commission on top of the live spread. High-volume traders can unlock lower minimums ($1.50 per order above $1B monthly, down to $1 above $5B) and can request quotes for large orders.
FxPro’s sharpest pricing is on cTrader, where the effective EUR/USD cost is around 1.27 pips (about a 0.37-pip spread plus a 0.9-pip commission equivalent, per FxPro data). Its variable-spread accounts on MT4/MT5 typically show EUR/USD near 1.58 pips on MT4 market execution (1.51 pips on MT5) and about 1.71 pips with instant execution; MT5 does not offer fixed spreads. An Elite/Active Trader program can cut costs by up to 30%, but even with discounts FxPro’s average pricing generally remains higher than Interactive Brokers and other low-cost peers.
| Feature |
Interactive Brokers
|
FxPro
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 0.59 | 1.51 |
| All-in Cost EUR/USD - Active | 0.65 | 1.27 |
| 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 vs FxPro: When it comes to range of investments, Interactive Brokers offers 8,500 tradeable symbols and 90 forex pairs, while FxPro lists 2,249 symbols and 70 forex pairs. Both support forex trading via CFDs or spot contracts. For stocks, Interactive Brokers lets clients buy exchange-traded securities on both U.S. and international exchanges (think Apple on NASDAQ and Vodafone in London). FxPro does not offer U.S.-listed exchange-traded shares, but it does provide access to international exchange-traded securities.
On the crypto side, Interactive Brokers offers both actual cryptocurrency purchases and crypto CFDs; FxPro offers crypto CFDs only. FxPro includes copy trading, whereas Interactive Brokers does not. Reflecting these differences, ForexBrokers.com rates Interactive Brokers 5 stars and ranks it #1 of 63 for Range of Investments, while FxPro earns 4 stars and ranks #29.
| 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) | Yes | 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.
Comparing Interactive Brokers vs FxPro for trading platforms and tools: both brokers provide free paper trading (demo) accounts, proprietary platforms, Windows desktop downloads, and web-based platforms. Each supports placing trades directly from charts. FxPro adds copy trading and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Interactive Brokers does not offer copy trading or MetaTrader.
According to ForexBrokers.com, Interactive Brokers earns 5 stars for platforms and tools and ranks #3 out of 63 brokers, while FxPro earns 4 stars and ranks #17. Choose FxPro if you want MetaTrader and social features, or go with Interactive Brokers if you prefer a higher-rated in-house platform.
| 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 each offer mobile trading apps for both iPhone and Android. Both apps support price alerts and sync watchlists with your online account, so changes carry over between devices. For charting, Interactive Brokers includes 97 technical indicators versus 65 at FxPro. Both let you draw trendlines, but only FxPro auto-saves your drawings; Interactive Brokers does not.
In independent testing, Interactive Brokers earned 5 stars and ranked #4 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while FxPro earned 4.5 stars and ranked #15. If you value a wider range of indicators, Interactive Brokers stands out; if keeping your chart drawings saved automatically matters more, FxPro is the better fit.
| 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 | 97 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Interactive Brokers and FxPro for market research, both platforms provide daily market commentary, keeping traders informed of the latest financial developments. Additionally, each platform includes forex news from respected sources like Bloomberg and Reuters, ensuring users have access to credible market updates. Both brokers also offer technical analysis tools from Trading Central. However, while each broker provides sentiment-based trading tools, Interactive Brokers edges ahead by offering market research from TipRanks and additional insight tools from Acuity Trading.
Interactive Brokers further enhances its research offering with an economic calendar, a feature that FxPro also provides to help traders monitor global economic events. When it comes to research capabilities, Interactive Brokers earns a top rating of 5 stars and a high position as the third-ranked broker in this category, according to ForexBrokers.com. In contrast, FxPro receives 4 stars for research, ranking 26th out of 63 brokers. This makes Interactive Brokers a preferred choice for those seeking expansive market insights.
| 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.
Interactive Brokers vs. FxPro for beginner education: Interactive Brokers stands out for new traders thanks to monthly live webinars, a sizable library with at least 10 beginner-friendly videos, and a full path into advanced topics with 10+ videos for experienced traders. This depth helps beginners build confidence and keep progressing. It earns 5 stars for Education and ranks #3 out of 63 brokers on ForexBrokers.com.
FxPro also supports beginners with at least 10 video lessons, making it a practical pick if you learn best through short, self-paced clips. However, it does not host regular educational webinars and it falls short on advanced video coverage, which may limit your growth later on. FxPro holds a 4-star Education rating and ranks #18 out of 63. If you want live instruction and a stronger path from basics to advanced skills, Interactive Brokers has the edge; if you just need beginner videos to get started, FxPro is still a solid option.
| 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 #21.
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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In an Interactive Brokers vs FxPro comparison for cryptocurrency trading, Interactive Brokers lets you buy both actual (delivered) cryptocurrencies and crypto CFDs, while FxPro only supports cryptocurrency trading via CFDs and does not offer purchasing the underlying coins.
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 | 9 | 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 (SFC 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 SCA 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) | Yes | 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 | 0.59 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.65 | 1.27 | |
| 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 | 97 | 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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