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Best Interactive Brokers alternatives 2026

If Interactive Brokers is not right for you, these 8 brokers offer similar services. They are ranked by licence strength and by how closely their markets, platforms and accounts match Interactive Brokers.

  1. IG

    IG

    Licences
    FCA, ASIC, DFSA, CFTC
    Min. deposit
    $0
    Islamic account
    No
    • IG offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  2. Licences
    FCA, ASIC, CFTC, NFA
    Min. deposit
    $0
    Islamic account
    No
    • Oanda offers copy trading; Interactive Brokers does not.
    • Oanda offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  3. Licences
    CySEC, ASIC, CBI, FSCA
    Min. deposit
    $100
    Islamic account
    Yes
    • AvaTrade offers a swap-free Islamic account; Interactive Brokers does not.
    • AvaTrade offers copy trading; Interactive Brokers does not.
    • AvaTrade offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  4. Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Pepperstone offers a swap-free Islamic account; Interactive Brokers does not.
    • Pepperstone offers copy trading; Interactive Brokers does not.
    • Pepperstone offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  5. Licences
    FCA, CySEC, DFSA, SFC
    Min. deposit
    $1,000
    Islamic account
    No
    • Swissquote offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  6. Licences
    CySEC, ASIC, FSA, MAS
    Min. deposit
    $50
    Islamic account
    Yes
    • MultiBank Group offers a swap-free Islamic account; Interactive Brokers does not.
    • MultiBank Group offers copy trading; Interactive Brokers does not.
    • MultiBank Group offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  7. Licences
    FCA, CySEC, ASIC, CFTC
    Min. deposit
    $100
    Islamic account
    No
    • Forex.com offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
  8. Axi

    Axi

    Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Axi offers a swap-free Islamic account; Interactive Brokers does not.
    • Axi offers copy trading; Interactive Brokers does not.
    • Axi offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.