Choose Forex.com if you want…
US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.
We compared Forex.com and Interactive Brokers across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Interactive Brokers wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Forex.com | Interactive Brokers | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.8 / 5 | Interactive Brokers |
| Regulators | CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA | SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin | Interactive Brokers |
| Min. deposit | $100 | $0 (no minimum) | Interactive Brokers |
| Spreads from | 0.8 pips (Standard) / 0.0 pips (RAW) | 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks) | Interactive Brokers |
| Max. leverage | Up to 1:30 (EU retail) / 1:50 (US) | Up to 1:30 (EU retail) / 1:50 (US) / 1:400 (Pro) | — |
| Platforms | MT4, MT5, Web Trader, TradingView, MotiveWave | Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, API | Forex.com |
| Founded | 2001 | 1978 | — |
| HQ | Bedminster, New Jersey / London | Greenwich, Connecticut, USA | — |
US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.
Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Interactive Brokers wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Forex.com holds licenses from: CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA. Interactive Brokers holds licenses from: SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin. Interactive Brokers has more regulatory licenses, giving it broader geographic coverage.
Forex.com spreads start from 0.8 pips (Standard) / 0.0 pips (RAW). Interactive Brokers spreads start from 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks). Actual spreads vary by account type and market conditions.
Forex.com: $100. Interactive Brokers: $0 (no minimum). Interactive Brokers has the lower entry barrier.