FXTM vs Interactive Brokers

FXTM vs Interactive Brokers Comparison Table 2023
FXTM Interactive Brokers
WINNER
Interactive Brokers is the better broker
4
Not Yet Rated

Interactive Brokers is #33 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

FXTM is a top-rated forex and CFD broker. Offering 1000+ markets and three account types, they cater to all levels of trader.

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.

Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MT4 & MT5 integration
  • Strong regulatory oversight
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
Bonus
30% up to $100 via Exinity Ltd
Instruments
Forex, CFDs, indices, commodities, stocks Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10000
Payment Methods
Minimum Trade
0.01 lots $100
Regulator
CySEC, FCA, FSCA, FSC SEC, FCA, IIROC, SFC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
No No
Autochartist
Yes No
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS, Android and Windows
Auto Trading
Yes, via FXTM Invest or EAs
Copy Trading
Yes No
Copy Trading Platform
FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • NGN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • HUF
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on the price of a wide range of popular financial markets.
Leverage
1:30 EU, 1:200 Global 1:50
FTSE Spread
1.3 pts 0.005% (£1 Min)
GBPUSD Spread<
0.3 (var) Commission (.20 pts x trade value)
Oil Spread
9 pts (var) N/A
Stocks Spread
0.1% Var From 0.003 per share, variable
Forex Trading
FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types.
Forex App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

GBPUSD Spread
0.3 (var) Commission (.20 pts x trade value)
EURUSD Spread
0.1 (var) Commission (.20 pts x trade value)
EURGBP Spread
0.2 (var) Commission (.20 pts x trade value)
Assets
50+ 70+
Cryptocurrency
Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
FXTM
vs
Interactive Brokers
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