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Interactive Brokers vs Trade360 2021

Is Interactive Brokers better than Trade360? In our analysis of 23 international regulators across 39 brokers, Interactive Brokers is considered low-risk, with an overall Trust Score of 99 out of 99. Trade360 is considered average-risk, with an overall Trust Score of 75 out of 99. Learn more about Trust Score.


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.

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Overall Rating

Feature Interactive Brokers Trade360
Overall 5 3.5
Commissions & Fees 5 3
Offering of Investments 5 4
Platforms & Tools 4.5 4
Mobile Trading Apps 4.5 4
Research 4.5 3
Education 4 3.5
Trust Score 99 75
Interactive Brokers Review Trade360 Review
66% of retail CFD accounts lose money
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Regulation

Feature Interactive Brokers Trade360
Trust Score 99 75
Year Founded
1977 2012
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
8 1
Tier-2 Licenses
1 1
Tier-3 Licenses
0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Interactive Brokers Trade360
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
Yes No
CBI Authorised (Ireland)
Yes No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
Yes No
FMA Authorised (New Zealand)
No No

Tier-2 Licenses (Average Trust)

Feature Interactive Brokers Trade360
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No Yes
SEBI Authorised (India)
Yes No
ISA Authorised (Israel)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses (Low Trust)

Feature Interactive Brokers Trade360
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
VFSC Authorised (Vanuatu)
No No

Investments

Feature Interactive Brokers Trade360
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
7400 1062
Forex Pairs (Total)
91 49
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Social Trading / Copy-Trading
No Yes
Cryptocurrency (Physical)
Yes No
Cryptocurrency (CFD)
No Yes
Crypto Disclaimer (UK) 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

Feature Interactive Brokers Trade360
Average Spread EUR/USD - Standard
0.6 (From 09/25/21 - 10/02/21) N/A
All-in Cost EUR/USD - Active
0.6 (From 09/25/21 - 10/02/21) N/A
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
Yes Yes
Execution: Market Maker
No No

Funding

Feature Interactive Brokers Trade360
Minimum Deposit
$0 $250
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature Interactive Brokers Trade360
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
No No
MetaTrader 5 (MT5)
No Yes
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Interactive Brokers Trade360
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
651 7
Charting - Indicators / Studies (Total)
127 30
Charting - Drawing Tools (Total)
9 15
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes No

Mobile Trading

Feature Interactive Brokers Trade360
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
98 116
Charting - Draw Trendlines
No Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
Yes Yes

Research

Feature Interactive Brokers Trade360
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Autochartist
No No
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes

Education

Feature Interactive Brokers Trade360
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature Interactive Brokers Trade360
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature Interactive Brokers Trade360
Overall 5 3.5
Commissions & Fees 5 3
Offering of Investments 5 4
Platforms & Tools 4.5 4
Mobile Trading Apps 4.5 4
Research 4.5 3
Education 4 3.5
Trust Score 99 75
Interactive Brokers Review Trade360 Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Interactive Brokers vs Trade360.

Does Interactive Brokers or Trade360 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Interactive Brokers offers better pricing overall for traders.

Is Interactive Brokers or Trade360 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Interactive Brokers holds 8 global Tier-1 licenses, while Trade360 holds 1. Both Interactive Brokers and Trade360 hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Interactive Brokers earned a higher Trust Score than Trade360.

Which trading platform is better: Interactive Brokers or Trade360?
To compare the trading platforms of both Interactive Brokers and Trade360, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Interactive Brokers offers a better experience. With research, Interactive Brokers offers superior market research. Finally, we found Interactive Brokers to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While Trade360 offers copy trading, Interactive Brokers does not. Neither broker offers Meta Trader.

How many forex pairs and CFDs are available to trade?
Interactive Brokers provides traders 91 currency pairs (e.g., EUR/USD) compared to Trade360's 49 available pairs. Forex pairs aside, Interactive Brokers offers traders access to 7400 CFDs while Trade360 has 1062 available CFDs, a difference of 6,338.

Can I trust Interactive Brokers?
Interactive Brokers is publicly traded, does not operate a bank, and is authorised by eight tier-1 regulators (high trust), one tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Interactive Brokers is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Central Bank of Ireland (CBI), Securities Futures Commission (SFC), Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), Monetary Authority of Singapore (MAS), and the Commodity Futures Trading Commission (CFTC).

Can I trust Trade360?
Trade360 is not publicly traded and does not operate a bank. Trade360 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trade360 is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Is Interactive Brokers good?
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.

Is Trade360 good?
Trade360 offers over a thousand symbols on its innovative app for web and mobile. It also supports MetaTrader 5 (MT5), making it a versatile platform for forex and CFD trading. That said, Trade360’s market research and educational content are limited, and spreads are fairly expensive compared to peers.

Overall winner: Interactive Brokers

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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 website as of 01/10/2022 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 "Contact" link at the bottom of this page.

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