Interactive Brokers vs DIF Broker
| Interactive Brokers | DIF Broker |
|---|---|
4.3
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3
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Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. |
DIF Broker was founded in 1999, with a vision to offer personalized brokerage services via innovative technology. The broker offers services to thousands of clients in over 20 countries, and is regulated by the Portuguese CMVM. Day traders can access thousands of CFD instruments to trade on a powerful proprietary platform. |
| Customer Reviews | |
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4
Based on 2 Interactive Brokers customer reviews
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| Comment by Reviewer | |
| "Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry." | "After exploring the platform, I think that DIF Broker's unique focus on innovation, technology and customer support will suit both casual and high-volume investors. That said, I think the broker's competitive fees will be particularly advantageous for dedicated stock traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Forex, CFDs, ETFs, indices, shares, energies, futures, options, bonds |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | €2000 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $100 | 0.01 Lots |
| Regulator | |
| FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB | CMVM, CNMV |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 1.55 - 2.59% | |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | No |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| Yes | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | Yes |
| App Review | |
The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. |
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| Android App Rating | |
4.5 |
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| iOS App Rating | |
4.3 |
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| Auto Trading | |
| Capitalise.ai & TWS API | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. | DIF Broker offers an impressive total of 30,000+ CFD instruments, which is far more than many brokers I review. That said, I think it's a shame that there's no additional tools or resources on offer for CFD traders. |
| Leverage | |
| 1:50 | 1:30 |
| FTSE Spread | |
| 0.005% (£1 Min) | 1 |
| GBPUSD Spread | |
| 0.08-0.20 bps x trade value | 3 |
| Oil Spread | |
| 0.25-0.85 | 0.05 |
| Stocks Spread | |
| 0.003 | Variable |
| Forex Trading | |
| IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and 20 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. | I was particularly impressed to see a huge range of 180 major, minor and exotic currency pairs at DIF Broker. I was able to access sensible leverage up to 1:30 and no commission fees. Average spreads are OK but not the most competitive, coming in at around 1 pip for EUR/USD and 1.1 pip on GBP/USD. |
| GBPUSD Spread | |
| 0.08-0.20 bps x trade value | 3 |
| EURUSD Spread | |
| 0.08-0.20 bps x trade value | 3 |
| EURGBP Spread | |
| 0.08-0.20 bps x trade value | 3 |
| Assets | |
| 100+ | 180+ |
| Cryptocurrency | |
| IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. | Crypto trading not offered |
| Spread | |
| 0.12%-0.18% | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Interactive Brokers vs |
DIF Broker vs |