TIO Markets vs Interactive Brokers
| TIO Markets | Interactive Brokers |
|---|---|
2.9
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4.3
Interactive Brokers is #1 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips. |
Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Traders use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources. |
| Comment by Reviewer | |
| "After spending some time exploring the accounts, I think TIO Markets is best suited to experienced traders who can deposit at least $1000 to take advantage of the competitive trading conditions available with the VIP accounts. Nonetheless, it would be nice to see a more diverse range of assets on offer in my opinion." | "Serious traders seeking a regulated broker with unparalleled access to stock markets should look at IB. Their range of stocks can't be beaten." |
| Pros | |
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| Cons | |
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| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $100 |
| Regulator | |
| FCA | SEC, FCA, IIROC, SFC |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 1.55 - 2.59% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| Yes | iOS, Android and Windows |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback. | Trade leveraged CFDs on thousands of global stocks as well as 13 global indices, 80+ forex pairs, and London gold and silver. Leverage is available in line with regulatory requirements. |
| Leverage | |
| 1:200 | 1:50 |
| FTSE Spread | |
| 20 | 0.005% (£1 Min) |
| GBPUSD Spread | |
| 0.8 | Commission (.20 pts x trade value) |
| Oil Spread | |
| 0.02 | N/A |
| Stocks Spread | |
| Variable | From 0.003 per share, variable |
| Forex Trading | |
| My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software. | Trade 85 major, minor and exotic forex pairs via CFDs on IB's FXTrader platform with tight spreads and low commissions, or trade forex on the spot market. They offer more FX assets than almost any competitor. |
| GBPUSD Spread | |
| 0.8 | Commission (.20 pts x trade value) |
| EURUSD Spread | |
| 0.4 | Commission (.20 pts x trade value) |
| EURGBP Spread | |
| 0.6 | Commission (.20 pts x trade value) |
| Assets | |
| 45+ | 70+ |
| Cryptocurrency | |
| Crypto trading not offered | Buy and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin with low commissions of 0.12%–0.18%. Fees are low and the broker offers a secure environment to invest in digital assets. |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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TIO Markets vs |
Interactive Brokers vs |