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Interactive Brokers Review

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: AAA
Open IB's Website

Losses can exceed deposits. Your capital is at risk.

Interactive Brokers offer one way to trade: Forex.

To open a live account, you’ll need a minimum deposit of at least $10000. Alternatively, Interactive Brokers offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 208159). Interactive Brokers puts all client funds in a segregated bank account and uses tier-1 banks for this. Interactive Brokers have been established since 1977, and have a head office in United States.

Before we dive into some of the more detailed aspects of Interactive Brokers’s spreads, fees, platforms and trading features, you may want to open Interactive Brokers‘s website in a new tab by clicking the button below in order to see the latest information directly from Interactive Brokers.

Open a demo account Visit IB

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.


  • Segeregates client funds
  • Established in 1977
  • Regulated by Financial Conduct Authority
  • Min. deposit from $ 10000


What are Interactive Brokers's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on Interactive Brokers’s website. The colour bars show how competitive Interactive Brokers’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Interactive Brokers fixed spread is not available. If you believe this is incorrect please fill in our form

Interactive Brokers variable spread is not available. If you believe this is incorrect please fill in our form

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

Interactive Brokers AvaTrade Plus500
Spread from: $0.00 $7.00 $6.00
Typical overnight fee: $0.00 $5.00 $9.40
Commission: 0 0 0
Total cost of a 100k trade: $0 $12 $15.4
+$12.00 more +$15.40 more
Visit IB Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • Interactive Brokers does charge inactivity fees
  • Interactive Brokers withdrawal fees varies on payment method

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is $Not available
  • the roll over fee for short positions on EUR/USD is $Not available


  • Interactive Brokers does charge commission on CFD shares

What instruments can you trade with Interactive Brokers?

FX / Currencies IB AvaTrade Plus500
# of forex pairs offered 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Interactive Brokers AvaTrade Plus500
# of commodities offered 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Interactive Brokers AvaTrade Plus500
# of Stocks offered 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See IB's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the Interactive Brokers trading experience like?

1) Platforms and apps

Interactive Brokers offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

Interactive Brokers Screenshot See IB's Platforms

Interactive Brokers also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See IB's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Interactive Brokers do not have set minimum and maximum trade requirements. They may vary depending on the account, trader and the instrument.The maximum trade requirements vary depending on the trader and the instrument.As Interactive Brokers offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Interactive Brokers offer margin up to 1% on currencies.

Finally, we‘ve listed some of the popular funding methods that Interactive Brokers offers its traders on the right.

Funding methods:

  • Bank Transfer
  • American Express

3) Client support

Interactive Brokers support a wide range of languages including English, Francais, Deutsch, Espanol, Italiano, Ruskiyy, Mandarin, Cantonese, Nihongo

Interactive Brokers have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.interactivebrokers.com/ on March 6, 2018.