Infinox vs Interactive Brokers

Infinox vs Interactive Brokers Comparison Table 2023
Infinox Interactive Brokers
3.4
4.3

Interactive Brokers is #1 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
More Comparisons
Infinox
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