Interactive Brokers vs TeraFX

Interactive Brokers vs TeraFX Comparison Table 2021
Interactive Brokers TeraFX
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. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
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, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Neteller, Skrill, Visa
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA FCA
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 Yes
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No Yes
Trade Signals
No No
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
Trade CFDs with leverage across multiple asset classes.
Leverage
1:50 1:30 Retail, 1:200 Professional
FTSE Spread
0.005% (£1 Min) Floating
GBPUSD Spread
Commission (.20 pts x trade value) Floating
Oil Spread
N/A Floating
Stocks Spread
From 0.003 per share, variable N/A
Forex
Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
Commission (.20 pts x trade value) Floating
EURUSD Spread
Commission (.20 pts x trade value) Floating
EURGBP Spread
Commission (.20 pts x trade value) Floating
Assets
70+ 59
Cryptocurrency
Crypto trading not offered
Spread
Trade top crypto pairs on MT4.
Coins
BTC, LTC, ETH, XRP BTC, ETH, LTC, XRP