Interactive Brokers vs iFOREX

Interactive Brokers vs iFOREX Comparison Table 2021
Interactive Brokers iFOREX
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. iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide
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, commodities, cryptocurrencies, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Cashu, Diners Club, Neteller, PayPal, Skrill
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA CySEC, FCA, BVI
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
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 Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
iFOREX offers hundreds of CFDs on FX, indices, shares, commodities, and cryptocurrencies
Leverage
1:50 1:30
FTSE Spread
0.005% (£1 Min) 2.4
GBPUSD Spread
Commission (.20 pts x trade value) 2.8
Oil Spread
N/A 5.4 pips
Stocks Spread
From 0.003 per share, variable Variable
Forex
iFOREX offers trading on approaching 100 currencies from around the world
GBPUSD Spread
Commission (.20 pts x trade value) 1.8
EURUSD Spread
Commission (.20 pts x trade value) 1.8
EURGBP Spread
Commission (.20 pts x trade value) 2.8
Assets
70+ 90
Cryptocurrency
iFOREX offers trading on popular cryptocurrency coins
Spread
Variable
Coins
BTC, LTC, ETH, XRP BTC, LTC, ETH, XRP, EOS, XMR, DASH