Interactive Brokers vs Smartbroker+ 2026: which is better?
We compared Interactive Brokers and Smartbroker+ 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 1 for Smartbroker+.
- Interactive Brokers offers Web Trader, Mobile App, which Smartbroker+ does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
Smartbroker+
Broker
|
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | BaFin |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:30 | — |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | SMARTBROKER+ App, SMARTBROKER+ Web, SMARTBROKER+ Trader |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | — |
| Founded | 1977 | 2019 |
| Headquarters | Greenwich, United States | Berlin, Germany |
| 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 Smartbroker+?
We compared Interactive Brokers and Smartbroker+ 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 1 for Smartbroker+. Interactive Brokers offers Web Trader, Mobile App, which Smartbroker+ 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 Smartbroker+ regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. Smartbroker+ licences: BaFin.
What is the minimum deposit at Interactive Brokers and Smartbroker+?
Interactive Brokers: $0. Smartbroker+: not available.
Do Interactive Brokers and Smartbroker+ offer an Islamic account?
Interactive Brokers: No. Smartbroker+: No.