Interactive Brokers vs NicoFX

Interactive Brokers vs NicoFX Comparison Table 2022
Interactive Brokers NicoFX
WINNER
Interactive Brokers is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
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. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA, IIROC, SFC CySEC
Margin Trading
Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes
OmniTrader
Yes
TradingView
No
Autochartist
No
eSignal
Yes
Trading Central
Yes
STP Account
Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • HUF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:50 1:30
FTSE Spread
0.005% (£1 Min) N/A
GBPUSD Spread<
Commission (.20 pts x trade value) From 0.9
Oil Spread
N/A N/A
Stocks Spread
From 0.003 per share, variable N/A
Forex Trading
Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
Commission (.20 pts x trade value) From 0.9
EURUSD Spread
Commission (.20 pts x trade value) From 0.9
EURGBP Spread
Commission (.20 pts x trade value) From 0.9
Assets
70+ 38
Cryptocurrency
Crypto trading not offered
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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