FXCC vs Interactive Brokers

FXCC or Interactive Brokers – which is better for UK traders 2026? Compare FXCC and Interactive Brokers in this detailed breakdown of their platforms, features and fees.

FXCC vs Interactive Brokers Comparison Table 2026
FXCC Interactive Brokers
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4.6
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4.3
FXCC is ranked #28 among CFD brokers. Interactive Brokers is ranked #5 among CFD brokers.
FXCC, established in 2010, provides affordable online trading. It operates under Comoros Union registration and CySEC regulation. The broker excels with its ECN trading, no minimum deposit requirement, and swift, under-five-minute account setup. Interactive Brokers (IBKR), a leading brokerage, offers access to 150 markets across 33 countries and provides extensive investment services. With more than 40 years of experience, this Nasdaq-listed company complies with strict regulations from the SEC, FCA, CIRO, and SFC. It is among the most reliable brokers worldwide for traders.
Pros
  • Over the years, FXCC has expanded its offerings, incorporating MT5 into its platforms, adding hundreds of stocks and more cryptocurrencies, introducing a copy trading feature, and enhancing margin trading options.
  • FXCC's ECN XL account caters to active traders, offering 0.0 spreads with no commission. It also meets our benchmark for execution speed.
  • FXCC offers algo traders a competitive edge with free VPS for eligible users and the capability to create or purchase EAs on MetaTrader.
  • Customer support remains reliant on human agents, delivering live chat responses in under three minutes during our tests. The knowledgeable representatives provide a refreshing alternative to the often frustrating AI chatbots more commonly used by brokers.
  • IBKR is a highly respected brokerage, regulated by top-tier authorities, ensuring the integrity and security of your trading account.
  • Interactive Brokers has introduced ForecastTrader, an innovative product offering zero-commission trading with yes/no Forecast Contracts on political, economic, and climate events. It features fixed $1 contract payouts, 24/6 market access, and a 3.83% APY on positions held.
  • The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.
  • Interactive Brokers has been awarded Best US Broker for 2025 by DayTrading.com. This accolade highlights its dedication to traders in the US, offering exceptionally low margin rates and access to global markets at minimal expense.
  • The new IBKR Desktop platform combines the top features of TWS with customised tools such as Option Lattice and MultiSort Screeners, providing an impressive trading experience for traders of all skill levels.
  • A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.
  • IBKR consistently offers unparalleled access to global equities, with thousands of shares available across over 100 market centres in 24 countries, including the recently added Saudi Stock Exchange.
  • While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
  • IBKR offers an economical environment for traders, featuring low commissions, narrow spreads, and a clear fee structure.
Cons
  • FXCC's offshore entity is regulated by MISA, not CySEC, and faces minimal oversight. It may lack protections such as investor compensation if the broker goes insolvent.
  • Despite improvements to the economic calendar, FXCC provides limited market research, restricted to basic daily technical analysis and aggregated news. It lacks tools such as Autochartist and social sentiment data.
  • FXCC imposes high withdrawal fees on numerous payment methods, such as $45 for bank transfers and a 2% charge on cryptocurrency transactions. This may reduce the returns for traders who frequently withdraw funds.
  • While FXCC has expanded its market offerings to include US, European, and Asian stocks, its selection of metals and energies is limited, and soft commodities are absent.
  • The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
  • IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
  • Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
  • You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
Awards
  • Best US Broker 2025 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots $100
Regulator
CySEC, MISA FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
Mobile Apps
iOS & Android iOS & Android
Trading App
FXCC enhances mobile trading with the MT4 app available on iPhone, iPad, and Android. It offers robust charting with 30 indicators, 9 timeframes, and 3 chart types, ideal for traders. Seamless trading through an FXCC ECN XL account involves only 3 straightforward steps. The app enables flexible trading across over 70 currency pairs and diverse global markets anytime, anywhere. The IBKR Mobile app, for iOS and Android, transforms your phone into a robust portal to access your IBKR accounts. It allows users to monitor portfolios, execute trades, view real-time quotes and charts, and manage account activities seamlessly. With its intuitive design, the app is particularly user-friendly for novices, offering a simpler experience compared to the advanced TWS platform.
iOS App Rating
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4.8
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4.3
Android App Rating
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4.4
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4.5
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
No Yes
Autochartist
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Capitalise.ai, TWS API
Copy Trading
Yes No
Copy Trading Platform
FXCC is ideal for copy traders acquainted with MetaTrader. Select traders using performance metrics like drawdowns and returns. Manage strategy providers' mirroring by account balance or equity.
Social Trading
No No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • AED
  • HUF
Commodities
  • Gold
  • Silver
  • Precious Metals
  • Platinum
  • Palladium
  • Oil
  • Gold
  • Zinc
  • Aluminium
  • Natural Gas
  • Soybeans
  • Lead
  • Precious Metals
  • Lean Hogs
CFD
FXCC provides a modest selection of CFDs in metals, energies, and indices, but boasts hundreds of equities and over two dozen cryptocurrencies. The ECN XL account imposes no constraints on CFD trading strategies. MetaTrader supports this with strong charting tools and risk management features, such as take profit and stop-loss orders. The platform provides access to over 8,000 CFDs across stocks, indices, forex, and commodities. Suited for experienced traders, the TWS platform includes more than 100 order types and algorithms. It also delivers top-tier market data from trusted sources like Reuters and Dow Jones.
Leverage
1:1000 1:50
FTSE Spread
1.10 0.005% (£1 Min)
GBPUSD Spread<
0.4 0.08-0.20 bps x trade value
Oil Spread
0.035 0.25-0.85
Stocks Spread
0.17 (Apple) 0.003
Forex
FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading. IBKR offers a vast range of over 100 forex pairs, including major, minor, and exotic currencies, outstripping most competitors except CMC Markets. Trading is available across multiple platforms with institutional-grade spreads beginning at 0.1 pips. There are also 20 sophisticated order types, such as brackets, scale, and one-cancels-all (OCA) orders, enhancing trading strategies.
Assets
70+ 100+
GBPUSD Spread
0.4 0.08-0.20 bps x trade value
EURUSD Spread
0.1 0.08-0.20 bps x trade value
EURGBP Spread
0.4 0.08-0.20 bps x trade value
Cryptocurrency
FXCC has expanded its cryptocurrency offerings from fewer than 10 to over 30. There are no limitations on trading strategies, and Expert Advisors (EAs) are allowed. Trade digital currencies round the clock, commission-free, with leverage as high as 1:20. IBKR offers access to Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at attractive commission rates without the need for a crypto wallet. Furthermore, traders can explore a variety of assets, including crypto indices like the NYSE Bitcoin Index, and futures contracts such as BAKKT Bitcoin Futures.
Spread
Variable 0.12%-0.18%
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XMR
  • DASH
  • XRP
  • ALG
  • ATO
  • AVE
  • AVX
  • AXS
  • BNB
  • BSV
  • CKE
  • DOT
  • ENJ
  • FTM
  • LNK
  • MEL
  • MNA
  • MTC
  • SHB
  • SND
  • SNX
  • SOL
  • TRP
  • UNI
  • WAV
  • XTZ
  • YFI
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXCC Interactive Brokers
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