Interactive Brokers vs SynergyFX

Interactive Brokers vs SynergyFX Comparison Table 2022
Interactive Brokers SynergyFX
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. SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
None Spin & Win Draw
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$10000 $50
Payment Methods
ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA, IIROC, SFC ASIC, VFSC
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
Trade across several financial markets with up to 1:400 leverage.
Leverage
1:50 1:500
FTSE Spread
0.005% (£1 Min) 1.4
GBPUSD Spread
Commission (.20 pts x trade value) 1.5
Oil Spread
N/A 0.030
Stocks Spread
From 0.003 per share, variable Variable
Forex
Trade forex with competitive spreads.
GBPUSD Spread
Commission (.20 pts x trade value) 1.5
EURUSD Spread
Commission (.20 pts x trade value) 0.8
EURGBP Spread
Commission (.20 pts x trade value) 1.3
Assets
70+ 40+
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No -
Auto Market Maker
No -
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