Interactive Brokers vs FXTM: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

Interactive Brokers
Interactive Brokers
VS
FXTM
FXTM

Quick Summary

Best for Beginners

Interactive Brokers

$0.00

Tightest Spreads

FXTM

50 pips

Highest Leverage

Interactive Brokers

1:1:50

Best Rated

Interactive Brokers

4.70
/5

Mobile Trading

Both

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General Information

Interactive Brokers

Regulation

FCA (UK), ASIC (Australia), CySEC (Cyprus), NFA/CFTC (USA), MAS (Singapore), JFSA (Japan), BaFin (Germany), FINMA (Switzerland), IIROC (Canada), SFC (Hong Kong), CONSOB (Italy), CNMV (Spain)

Founded

N/A

Headquarters

United States

Overall Rating

4.70/5

FXTM

Regulation

Founded

N/A

Headquarters

Usa

Overall Rating

4.30/5

Trading Conditions

Feature Interactive Brokers FXTM
Minimum Deposit $0.00 $50.00
Average Spreads Variable (market-based ECN pricing, from ~0.1 pips on major forex pairs) 50
Maximum Leverage 1:50 1:3000
Commission None None

Account Types

Interactive Brokers

standard vip managed low-spread crypto stock-cfd scalping-ea fast-execution

FXTM

No account types specified

Platforms & Tools

Interactive Brokers

WebTrader, TradingView, Interactive Brokers

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

FXTM

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

Interactive Brokers

Deposit Methods

Bank Wire Transfer ACH Transfer (USA) SEPA Transfer (EU) Wise (TransferWise) Direct Bank Transfer (local methods in supported countries) 

Withdrawal Methods

Bank Wire Transfer ACH Withdrawal (USA) SEPA Withdrawal (EU) Direct Bank Transfers to registered accounts

Withdrawal Fee

None

FXTM

Deposit Methods

Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.)

Withdrawal Methods

Credit/Debit Cards, Bank Transfers, E-Wallets

Withdrawal Fee

None

Support

Interactive Brokers

Support Languages

English, Chinese, Japanese, German, French, Spanish, Italian, Portuguese, Dutch, Russian, Korean, and several additional localized platform languages

Support Channels

24/5 support (phone, chat, email) Regional support centers (US, Europe, Asia-Pacific) Priority service for professional accounts 

Account Manager

Available

FXTM

Support Languages

English, Arabic, Russian, Chinese, Spanish, French, and more.

Support Channels

CySEC (Cyprus Securities and Exchange Commission), FCA (Financial Conduct Authority), FSCA (Financial Sector Conduct Authority).

Account Manager

Available

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