Infinox vs Interactive Brokers

Infinox vs Interactive Brokers Comparison Table 2023
Infinox	Interactive Brokers
Review 3.4	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
Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned 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.
Comment by Reviewer
"Serious day traders will appreciate the tight spreads and competitive fees available on Infinox's ECN account."	"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
The advanced IX Exchange will serve active day traders with sophsticated analysis tools A well-rounded broker with a choice of pricing models, platforms, apps and accounts The copy trading service and zero minimum deposit make Infinox suitable for beginners FCA is a tier-one regulator boosting the broker's trust and security score Multiple account currencies serving global traders No inactivity fee to deter casual traders Low starting deposit of just £1	Gives day 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 Proprietary Trader 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
Market research is less insightful and frequent than competitors No weekend customer support	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
Awards
Best Forex Broker For Long Term Trading 2022 Best Forex Copy Trading Platform Africa 2021 Best Trading Account Margin Rates 2020
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures	Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants
Demo Account
Yes	Yes
Minimum Deposit
£1	$0
Trading Platforms
MT4 MT5	AlgoTrader OmniTrader eSignal TradingCentral
Payment Methods
AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments Finrax Maestro Mastercard Neteller Perfect Money Skrill Sticpay Visa 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
FCA, SCB, FSCA	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
Yes	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
Yes	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
With IX Social (Infinox social trading), you can automatically replicate the trades of the best investors. On the negative side, the usability and choice of master traders lags behind competitors like eToro.
Social Trading
Yes	No
Trade Signals
MQL4 & MQL5
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
$0	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP AUD JPY	USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange S&P 500 Tokyo Commodity 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 Copper Cotton Gold Natural Gas Oil Silver Soybeans Sugar Wheat	Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc
CFD Trading
Trade CFDs on forex, stocks, commodities and indices with tight spreads and leverage limited to the FCA-sanctioned maximum of 1:30. Infinox traders benefit from lightning-fast execution speeds and a choice between STP and ECN pricing, making this a flexible option for beginner and serious traders.	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
1:30 (UK), 1:200 (Global)	1:50
FTSE Spread
0.9	0.005% (£1 Min)
GBPUSD Spread
0.4	Commission (.20 pts x trade value)
Oil Spread
0.06	N/A
Stocks Spread
0.02 USD	From 0.003 per share, variable
Forex Trading
Trade 45 major, minor and exotic forex pairs. This is an average range, but the broker offers attractive and very competitive tight floating spreads from 0.3. Useful features including a news feed set the broker apart from many rivals and can help plan forex strategies.	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
0.4	Commission (.20 pts x trade value)
EURUSD Spread
0.3	Commission (.20 pts x trade value)
EURGBP Spread
0.3	Commission (.20 pts x trade value)
Assets
45+	70+
Currency Indices
USD
Cryptocurrency
Crypto trading not offered	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
	Variable
Coins
	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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