FXMARE editorial rating, not user reviews.
The go-to broker for sophisticated traders and investors who want institutional-quality access to global markets at genuinely low, transparent cost.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
The go-to broker for sophisticated traders and investors who want institutional-quality access to global markets at genuinely low, transparent cost.
Interactive Brokers is regulated by SEC (USA), FINRA (USA), CFTC (USA), NFA (USA), FCA (UK), ASIC (Australia), CBI (Ireland), MAS (Singapore), SFC (Hong Kong), CIRO (Canada), SEBI (India), JFSA (Japan). Independently verifiable licences include FCA (UK) — FRN 208159; FINRA (US) — CRD 36418; ASIC (Australia) — AFSL 453554; MAS (Singapore) — CMS100917. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.2 pips on the raw/ECN account (about 0.5 pips on the standard, commission-free account), with ~$4 (0.2 bps of trade value, $2 minimum per side; tiered down to 0.08 bps for very high volume) commission. The minimum deposit is $0 and maximum retail leverage is 1:30 (EU/UK retail, major FX pairs); 1:50 (US retail, major FX pairs). It does not provide a dedicated swap-free (Islamic) account (No Islamic or swap-free account is offered. Cash accounts avoid margin interest but no formal Shariah-compliant structure exists. Overnight forex positions incur standard swap charges.), so standard overnight swaps apply.
Platforms include Trader Workstation, IBKR Desktop, Client Portal, IBKR Mobile, IBKR GlobalTrader, TradingView. Interactive Brokers provides ~100 FX pairs; 30,000+ total instruments across stocks, options, futures, bonds, ETFs, mutual funds, CFDs, crypto, and warrants on 170+ markets in 36 countries across Forex, Stocks, ETFs, Options, Bonds, Crypto, Commodities, funded via Bank Wire Transfer, ACH / Direct Debit, SEPA Transfer, Cheque / Check, Wise (TransferWise) Balance Transfer, ACATS / Position Transfer.
Interactive Brokers is arguably the most powerful and well-regulated retail-accessible broker in the world, with 12 Tier-1 licences, $779B+ in client equity, and access to 170+ markets from a single account. Its FX pricing — raw interbank spreads plus a transparent ~$4 round-turn commission — makes it cost-competitive with specialist ECN brokers. The trade-offs are real: no MT4/MT5, a steep platform learning curve, no swap-free account, and customer support that struggles under load. Best suited to experienced, self-directed traders and investors who prioritise execution quality, market breadth, and regulatory trust over ease of use.
Headquarters: Greenwich, Connecticut, USA · Funding: Bank Wire Transfer, ACH / Direct Debit, SEPA Transfer, Cheque / Check, Wise (TransferWise) Balance Transfer, ACATS / Position Transfer
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Interactive Brokers is authorised by SEC (USA), FINRA (USA), CFTC (USA), NFA (USA), FCA (UK), ASIC (Australia), CBI (Ireland), MAS (Singapore), SFC (Hong Kong), CIRO (Canada), SEBI (India), JFSA (Japan). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex, Stocks, ETFs, Options, Bonds, Crypto, Commodities. Track every position you take with Interactive Brokers in the FXMARE trading journal.
Interactive Brokers is arguably the most powerful and well-regulated retail-accessible broker in the world, with 12 Tier-1 licences, $779B+ in client equity, and access to 170+ markets from a single account. Its FX pricing — raw interbank spreads plus a transparent ~$4 round-turn commission — makes it cost-competitive with specialist ECN brokers. The trade-offs are real: no MT4/MT5, a steep platform learning curve, no swap-free account, and customer support that struggles under load. Best suited to experienced, self-directed traders and investors who prioritise execution quality, market breadth, and regulatory trust over ease of use.
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FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Interactive Brokers. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
