Forex.com vs Interactive Brokers 2026: which is better?
We compared Forex.com and Interactive Brokers on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Forex.com offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
- Interactive Brokers holds 10 licences from strong regulators, against 5 for Forex.com.
- The minimum deposit at Interactive Brokers is $0, against $100 at Forex.com.
Comparison table
| Comparison table |
Forex.com
Broker
|
Interactive Brokers
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, MAS, CySEC, CIMA | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best |
| Minimum deposit | $100 | $0 Best |
| Maximum leverage | — | 1:30 |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, FOREX.com Platform | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView |
| Markets | Forex, Stocks, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | 2001 | 1977 |
| Headquarters | Warren, New Jersey, United States | Greenwich, United States |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Forex.com if you
- use MetaTrader 4, MetaTrader 5
Choose Interactive Brokers if you
- want more licences from strong regulators
- want to start with less money
Frequently asked questions
Which is better, Forex.com or Interactive Brokers?
We compared Forex.com and Interactive Brokers on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Forex.com offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not. Interactive Brokers holds 10 licences from strong regulators, against 5 for Forex.com. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Forex.com and Interactive Brokers regulated?
Forex.com licences: FCA, CySEC, ASIC, CFTC, NFA, MAS, CIMA. Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS.
What is the minimum deposit at Forex.com and Interactive Brokers?
Forex.com: $100. Interactive Brokers: $0.
Do Forex.com and Interactive Brokers offer an Islamic account?
Forex.com: No. Interactive Brokers: No.