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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
| Field | Forex.com | Interactive Brokers |
|---|---|---|
| BrokaBoy score | 9.1/10 | 8.8/10 |
| Trustpilot rating | Trustpilot 4.6 (2,481 reviews) | Trustpilot 3.1 (5,486 reviews) |
| Listed minimum deposit | $100 | $0 |
| Advertised spread from | 0.0 pips | 0.1 pips |
| Advertised maximum leverage | 1:200 | 1:30 |
| Regulators | ASIC, FCA, NFA | FCA, ASIC, MAS, SEC, CBI, NFA |
| Platforms | MetaTrader 4, MetaTrader 5, Web Trader, TradingView | Trader Workstation, IBKR Mobile, IBKR Desktop |
| Instruments | Forex, Indices, Commodities, Stocks, Crypto | Forex, Indices, Commodities, Stocks, Crypto |
| Account types | Standard, Raw, Direct Market Access | IBKR Lite, IBKR Pro |
| Founded | 2001 | 1978 |
| Spread type | Variable | Variable |
| Commission | Varies by account type | Varies by account type |
| Overnight / swap | Overnight swap charges apply on positions held past rollover. | Overnight swap charges apply on positions held past rollover. |
| Withdrawals | Most 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.