FlowBank vs Interactive Brokers

FlowBank vs Interactive Brokers Comparison Table 2023
FlowBank	Interactive Brokers
Review 4	Review 4.3 Interactive Brokers is #1 in our CFD broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
FlowBank is a regulated bank and trading broker with a wide range of instruments including forex, funds, cryptos and thousands of stocks, that offers direct and high-leverage CFD trading on the MetaTrader 4 and MetaTrader 5 platforms. Traders benefit from ultra-tight spreads, low or no commissions and a free stock joining bonus.	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. Traders use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources.
Bonus Offer
Free Welcome Stock Up To 500 CHF
Comment by Reviewer
"FlowBank is an excellent fit for active Swiss traders looking to build a diverse portfolio with a wide range of instruments and ultra-low fees, including zero commissions on Swiss stocks. The 20+ accepted currencies, $0 minimum deposit, and 4 platforms also make the broker accessible to global traders."	"Serious traders seeking a regulated broker with unparalleled access to stock markets should look at IB. Their range of stocks can't be beaten."
Pros
Registered bank with regulatory oversight from FINMA Demo account with a quick sign-up process MT4 integration for desktop, web and mobile No minimum deposit for traders on a budget Full range of investments with 4500+ assets including crypto derivatives Wide range of account base currencies catering to global traders	Gives retail traders unmatched access to global stocks with tens of thousands available from 100+ market centres in 24 countries Direct market access, including to the FTSE 100 index, the CAC 40 and Germany’s DAX 40 You can trade from multiple account types, such as IRA, single registered, joint Proprietary workstation comes with powerful tools and charting capabilities Regulated by some of the world's most reputable bodies including in US You have a reliable real-time market data feed, that rarely goes offline Diverse payment options and account currencies Commission reimbursement with Toggle AI Low commissions and tight spreads
Cons
Limited deposit options apart from wire transfer and bank cards No copy trading service for aspiring traders	Due to the pricing structure, this firm can be more expensive for aggressive traders who trade over $100,000 shares a day Platform and web interface are complex and difficult for beginners to pick up Accessing products like CFDs is not straightforward compared to competitors The TWS platform falls short in terms of technical charting Mediocre customer support
Instruments
CFDs, Stocks, ETFs, Funds, Commodities, Cryptos	Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
MT4 MT5	AlgoTrader OmniTrader eSignal TradingCentral
Payment Methods
Credit Card Wire Transfer	ACH Transfer Apple Pay Automated Customer Account Transfer Service Cheque Credit Card Google Wallet JCB Card Mastercard Payoneer Samsung Pay Wire Transfer
Minimum Trade
0.01 Lots	$100
Regulator
FINMA	SEC, FCA, IIROC, SFC
Margin Trading
Yes	Yes
Margin Rate
	1.55 - 2.59%
STP Account
Yes	Yes
ECN Account
Yes	No
DMA Account
Yes	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
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS, Android and Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MetaTrader
VPS Hosting
No	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD NZD JPY ZAR TRY SEK NOK DKK CHF HKD SGD PLN CZK AED HUF THB	USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index IBEX 35 London Stock Exchange Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange	Borsa Italiana CAC 40 Index France Chicago Mercantile Exchange Euronext IBEX 35 Japan Exchange Group Korean Stock Exchange London Metal Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics New York Stock Exchange Russell 2000 Shenzhen Stock Exchange Toronto Stock Exchange
Commodities
Cocoa Coffee Gold Natural Gas Oil Silver Soybeans Sugar	Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc
CFD Trading
Trade 4500+ CFDs with tight spreads and no commission except stocks. Choose between 4 different trading platforms and apps, including MT4, MT5 and proprietary options. The broker also sometimes offer joining promotions.	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
1:200	1:50
FTSE Spread
1.0	0.005% (£1 Min)
GBPUSD Spread
0.7	Commission (.20 pts x trade value)
Oil Spread
0.03	N/A
Stocks Spread
0.02¢ commission	From 0.003 per share, variable
Forex Trading
Trade 50+ major, minor and exotic pairs with spreads form 0.5 pips, no commissions and leverage up to 1:200. Importantly, the heavily regulated broker also provides a relatively secure forex trading environment.	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.
Forex App
The FlowBank trading app offers advanced technical and fundamental analysis features, over 50 forex pairs, plus instant and pending orders. Traders can download the app to Apple and Android devices.
GBPUSD Spread
From 0.0	Commission (.20 pts x trade value)
EURUSD Spread
From 0.0	Commission (.20 pts x trade value)
EURGBP Spread
From 0.0	Commission (.20 pts x trade value)
Assets
50+	70+
Cryptocurrency
Speculate on crypto markets via 10 crypto/USD pairs as well as ETPs, ETNs, ETF, tracker certificates and closed-end funds. This range of derivatives offer diversified exposure to digital markets that aren't found at many alternatives.	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
From 0.3	Variable
Coins
BTC ETH BCH LTC EOS XLM NEO DOGE UNI LINK	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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