Interactive Brokers vs Midas 2026: which is better?
We compared Interactive Brokers and Midas on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Interactive Brokers holds 10 licences from strong regulators, against 0 for Midas.
- Interactive Brokers offers Web Trader, Mobile App, which Midas does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
Midas Broker |
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | SPK |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:30 | — |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | Midas app |
| Markets | Forex, Stocks, Crypto, Commodities & gold, Indices, ETFs | Stocks, Crypto |
| Demo account | ✓ Yes | — |
| Founded | 1977 | 2020 |
| Headquarters | 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 Interactive Brokers if you
- want more licences from strong regulators
- use Web Trader, Mobile App
Frequently asked questions
Which is better, Interactive Brokers or Midas?
We compared Interactive Brokers and Midas on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Interactive Brokers holds 10 licences from strong regulators, against 0 for Midas. Interactive Brokers offers Web Trader, Mobile App, which Midas does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Interactive Brokers and Midas regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. Midas licences: SPK.
What is the minimum deposit at Interactive Brokers and Midas?
Interactive Brokers: $0. Midas: not available.
Do Interactive Brokers and Midas offer an Islamic account?
Interactive Brokers: No. Midas: No.