EFG Hermes vs Interactive Brokers

EFG Hermes vs Interactive Brokers Comparison Table 2023
EFG Hermes Interactive Brokers
Not Yet Rated

EFG Hermes is #12 in our CFD broker rankings.

4.3

Interactive Brokers is #12 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

EFG Hermes is a MENA-focused online broker that offers OTC securities and CFD trading in a wide range of markets.

IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.

Instruments
Stocks, CFD, Forex Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants
Demo Account
Yes Yes
Minimum Deposit
$0 $10000
Payment Methods
Minimum Trade
No $100
Regulator
DIFC SEC, FCA, IIROC, SFC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
No No
Autochartist
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No 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 and Windows
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • HUF
Stock Exchanges
Commodities
CFD Trading
Clients can speculate on a range of CFDs, encompassing foreign exchange, equities, indices and commodities.
Leverage
Variable 1:50
FTSE Spread
Variable 0.005% (£1 Min)
GBPUSD Spread
Variable Commission (.20 pts x trade value)
Oil Spread
Variable N/A
Stocks Spread
Variable From 0.003 per share, variable
Forex Trading
EFG Hermes supports spot and CFD forex day trading through both its desktop and mobile platforms.
GBPUSD Spread
Variable Commission (.20 pts x trade value)
EURUSD Spread
Variable Commission (.20 pts x trade value)
EURGBP Spread
Variable Commission (.20 pts x trade value)
Assets
N/A 70+
Cryptocurrency
Crypto trading not offered
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
EFG Hermes
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