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Forex.com vs Interactive Brokers

A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.

Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.

Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team

FieldForex.comInteractive Brokers
BrokaBoy score9.1/108.8/10
Trustpilot ratingTrustpilot 4.6 (2,481 reviews)Trustpilot 3.1 (5,486 reviews)
Listed minimum deposit$100$0
Advertised spread from0.0 pips0.1 pips
Advertised maximum leverage1:2001:30
RegulatorsASIC, FCA, NFAFCA, ASIC, MAS, SEC, CBI, NFA
PlatformsMetaTrader 4, MetaTrader 5, Web Trader, TradingViewTrader Workstation, IBKR Mobile, IBKR Desktop
InstrumentsForex, Indices, Commodities, Stocks, CryptoForex, Indices, Commodities, Stocks, Crypto
Account typesStandard, Raw, Direct Market AccessIBKR Lite, IBKR Pro
Founded20011978
Spread typeVariableVariable
CommissionVaries by account typeVaries by account type
Overnight / swapOvernight swap charges apply on positions held past rollover.Overnight swap charges apply on positions held past rollover.
WithdrawalsMost withdrawal methods are free; third-party fees may apply.Most withdrawal methods are free; third-party fees may apply.

Key differences

  • Interactive Brokers has a lower listed minimum deposit ($0 vs $100).
  • Forex.com has the higher BrokaBoy score (9.1/10 vs 8.8/10).
  • Both brokers hold licences with ASIC, FCA, NFA.
  • Only Forex.com lists MetaTrader 4, MetaTrader 5, Web Trader, TradingView among its platforms.
  • Only Interactive Brokers lists Trader Workstation, IBKR Mobile, IBKR Desktop among its platforms.

Which should you choose?

  • Choose Interactive Brokers if a lower listed opening deposit is your priority.
  • Choose Forex.com if you want the broader platform list shown in our catalogue (4 vs 3).
  • Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.

Frequently asked questions

Which has the lower minimum deposit, Forex.com or Interactive Brokers?+

Interactive Brokers has the lower listed minimum deposit ($0 vs $100). Confirm current terms with each broker.

Are Forex.com and Interactive Brokers regulated by the same authorities?+

They share ASIC, FCA, NFA. Forex.com lists ASIC, FCA, NFA; Interactive Brokers lists FCA, ASIC, MAS, SEC, CBI, NFA in our catalogue.

Which has the higher BrokaBoy score?+

Forex.com scores 9.1/10 against 8.8/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.

Do Forex.com and Interactive Brokers support the same platforms?+

No platform is listed by both brokers in our catalogue.

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