Interactive Brokers vs Fondex

Interactive Brokers vs Fondex Comparison Table 2021
Interactive Brokers Fondex
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. Fondex is an award-winning forex and CFD broker with industry low trading costs
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Technology Corporate Leadership, 2019
Best FX Trading Platform, 2018
Best Trade Execution, 2018
Best Partner Program, 2017
Best Retail Platform, 2017
Bonus
None None
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $0
Payment Methods
Cheque, Credit Card, Mastercard Neteller, PayPal, Skrill
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA FSA, CySEC
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No Yes
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No Yes - cBots available
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
CFD
Leverage
1:50 Var 1:30
FTSE Spread
0.005% (£1 Min) 1.4
GBPUSD Spread
Commission (.20 pts x trade value) 0.71
Oil Spread
N/A 6.71
Stocks Spread
From 0.003 per share, variable Start from 0.01
Forex
GBPUSD Spread
Commission (.20 pts x trade value) 0.71
EURUSD Spread
Commission (.20 pts x trade value) 0.28
EURGBP Spread
Commission (.20 pts x trade value) 0.7
Assets
70+ 67
Cryptocurrency
Crypto trading not offered
Spread
Coins
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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