Interactive Brokers vs Openbank 2026: which is better?
We compared Interactive Brokers and Openbank 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 Openbank.
- Interactive Brokers offers Web Trader, Mobile App, which Openbank does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
Openbank Broker |
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | BdE |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:30 | — |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | Openbank App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | — |
| Founded | 1977 | 1995 |
| Headquarters | Greenwich, United States | Boadilla del Monte (Madrid), Spain |
| 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 Openbank?
We compared Interactive Brokers and Openbank 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 Openbank. Interactive Brokers offers Web Trader, Mobile App, which Openbank 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 Openbank regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. Openbank licences: BdE.
What is the minimum deposit at Interactive Brokers and Openbank?
Interactive Brokers: $0. Openbank: not available.
Do Interactive Brokers and Openbank offer an Islamic account?
Interactive Brokers: No. Openbank: No.