Alpari vs Interactive Brokers
| Alpari | Interactive Brokers |
|---|---|
3.8
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4.3
Interactive Brokers is #1 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders. |
Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Day traders can use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources. |
| Bonus Offer | |
| 30% up to $100 (terms apply) | |
| Comment by Reviewer | |
| "Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors." | "Experienced day traders seeking a regulated broker with sophisticated trading software and very low fees should look at IB. Their range of stocks also can't be beaten." |
| Pros | |
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| Cons | |
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| Instruments | |
| Forex, CFDs, Stocks, Commodities, Indices, Crypto | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $100 |
| Regulator | |
| FSC, SEBI, JFSA | SEC, FCA, IIROC, SFC |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 1.55 - 2.59% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android & Windows |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Capitalise.ai & TWS API |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. | |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $5 | $0 |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. | Trade leveraged CFDs on thousands of global stocks as well as 13 global indices, 80+ forex pairs, and London gold and silver. Leverage is available in line with regulatory requirements. |
| Leverage | |
| 1:1000 | 1:50 |
| FTSE Spread | |
| 13 | 0.005% (£1 Min) |
| GBPUSD Spread | |
| 0.7 | Commission (.20 pts x trade value) |
| Oil Spread | |
| 4.0 | N/A |
| Stocks Spread | |
| 2.0 | From 0.003 per share, variable |
| Forex Trading | |
| Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. | Trade 85 major, minor and exotic forex pairs via CFDs on IB's FXTrader platform with tight spreads and low commissions, or trade forex on the spot market. They offer more FX assets than almost any competitor. |
| GBPUSD Spread | |
| 0.7 | Commission (.20 pts x trade value) |
| EURUSD Spread | |
| 0.4 | Commission (.20 pts x trade value) |
| EURGBP Spread | |
| 0.6 | Commission (.20 pts x trade value) |
| Assets | |
| 50+ | 70+ |
| Currency Indices | |
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| Cryptocurrency | |
| Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. | Buy and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin with low commissions of 0.12%–0.18%. Fees are low and the broker offers a secure environment to invest in digital assets. |
| Spread | |
| 1 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Alpari vs |
Interactive Brokers vs |