Interactive Brokers vs Forex.com
Interactive Brokers or Forex.com – which is better for UK traders 2026? Compare Interactive Brokers and Forex.com in this detailed breakdown of their platforms, features and fees.
| Interactive Brokers | Forex.com |
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| Interactive Brokers is ranked #4 among CFD brokers. | Forex.com is ranked #7 among CFD brokers. |
| Interactive Brokers (IBKR) stands as a leading brokerage, offering access to 170+ markets in 40 nations alongside extensive investment services. With 40+ years in finance, this Nasdaq-listed entity complies with regulations from the SEC, FCA, CIRO, and SFC, ensuring global trustworthiness in trading. | Established in 2001, FOREX.com is a division of StoneX, a global financial entity catering to over a million clients. It is regulated across the US, UK, EU, Australia, and other regions. The broker offers diverse markets beyond forex and delivers competitive pricing on advanced platforms. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs | Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $100 |
| Payment Methods | |
| Minimum Trade | |
| $100 | 0.01 Lots |
| Regulator | |
| SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | NFA, CFTC, CIRO, FCA, CySEC, ASIC, SFC, FSA, MAS, CIMA, CMA-UAE |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
| 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. | Alongside the MT4 and Web Trader platforms, the FOREX.com app provides comprehensive trading features in a user-friendly, compact package. With integrated news, analysis, and real-time alerts, it excels on mobile. It surpasses MT4 in mobile charting, offering over 80 indicators and 11 chart types, alongside a more streamlined design. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.50% – 1.50% (IBKR Pro markup), 2.50% (IBKR Lite markup) | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| Yes | No |
| OmniTrader | |
| Yes | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| Yes | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| Yes | No |
| AI / Machine Learning | |
| Yes | Yes |
| Robo Advisor | |
| Yes | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Capitalise.ai, TWS API | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $15 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| 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. | With options for both long and short positions on over 5,500 CFDs in forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com stands out. The platform's unique Web Trader delivers an outstanding experience, featuring more than 80 technical indicators and average execution speeds of merely 20 milliseconds, providing an ideal setting for dedicated traders. |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| 0.005% (£1 Min) | 1.0 |
| GBPUSD Spread< | |
| 0.08-0.20 bps x trade value | 1.3 |
| Oil Spread | |
| 0.25-0.85 | 2.5 |
| Stocks Spread | |
| 0.003 | 0.14 |
| Forex | |
| IBKR offers a wide selection of more than 100 forex pairs, including major, minor, and exotic options, exceeding most competitors except CMC Markets. Trading takes place across various platforms with institutional-quality spreads from 0.1 pips. It supports over 100 advanced order types like brackets, scale, and OCA orders. | FOREX.com remains a leading FX broker, providing 80 currency pairs with highly competitive fees. EUR/USD spreads can reach as low as 0.0, with a $7 commission per $100k, making it a standout choice. |
| Assets | |
| 100+ | 84 |
| GBPUSD Spread | |
| 0.08-0.20 bps x trade value | 1.3 |
| EURUSD Spread | |
| 0.08-0.20 bps x trade value | 1.2 |
| EURGBP Spread | |
| 0.08-0.20 bps x trade value | 1.4 |
| Cryptocurrency | |
| 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. | You can trade over 8 cryptocurrencies against USD, EUR, GBP, and AUD with tight spreads, without needing a virtual wallet. Traders can automate their crypto transactions using Expert Advisors (EAs). |
| Spread | |
| 0.12%-0.18% | BTC 1.4%, ETH 2% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Interactive Brokers | Forex.com |
| More Comparisons | |
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Interactive Brokers vs |
Forex.com vs |