Interactive Brokers vs FxNet

Interactive Brokers vs FxNet Comparison Table 2021
Interactive Brokers FxNet
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. FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, CFDs, indices, shares, energies, metals, bonds
Demo Account
Yes Yes
Minimum Deposit
$10000 $50
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay JCB Card, Neteller, Skrill, Visa
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA IFSC
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No No
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
Leveraged CFD trading is available across several markets.
Leverage
1:50 1:500
FTSE Spread
0.005% (£1 Min) 160
GBPUSD Spread
Commission (.20 pts x trade value) 2.1
Oil Spread
N/A 12
Stocks Spread
From 0.003 per share, variable Floating
Forex
Trade 50+ global currency pairs with up to 1:500 leverage.
GBPUSD Spread
Commission (.20 pts x trade value) 2.1
EURUSD Spread
Commission (.20 pts x trade value) 1.8
EURGBP Spread
Commission (.20 pts x trade value) 2.2
Assets
70+ 51
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP