Interactive Brokers vs MIFX 2026: which is better?
We compared Interactive Brokers and MIFX 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 MIFX.
- Interactive Brokers offers Web Trader, Mobile App, which MIFX does not.
- MIFX offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
MIFX
Broker
|
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | BAPPEBTI |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:30 | 1:500 |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | MetaTrader 4, MetaTrader 5, MIFX app |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Commodities and Gold, Indices |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | 1977 | 2000 |
| Headquarters | Greenwich, United States | Jakarta, Indonesia |
| 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
Choose MIFX if you
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Interactive Brokers or MIFX?
We compared Interactive Brokers and MIFX 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 MIFX. Interactive Brokers offers Web Trader, Mobile App, which MIFX 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 MIFX regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. MIFX licences: BAPPEBTI.
What is the minimum deposit at Interactive Brokers and MIFX?
Interactive Brokers: $0. MIFX: not available.
Do Interactive Brokers and MIFX offer an Islamic account?
Interactive Brokers: No. MIFX: No.