FXTM vs Interactive Brokers
Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and Interactive Brokers.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Interactive BrokersTrust 8.9/10
CFTC-NFA
FCA
ASIC
MAS
Nasdaq-listed institutional-grade broker with the broadest market access of any retail-accessible broker — 150+ markets across 33 countries. Trader Workstation is the industry yardstick for power users.
Quick verdict
- Trust: Interactive Brokers has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | FXTM | Interactive Brokers |
|---|---|---|
| Trust score | 8.0 | 8.9 |
| Regulators | FCA, CySEC, FSCA, FSC-Mauritius, CMA | CFTC-NFA, FCA, ASIC, MAS, IIROC, FMA-NZ, CySEC |
| Headquarters | Cyprus | United States |
| Founded | 2011 | 1978 |
| Min deposit | $10 | $0.00 |
| Max leverage | 1:1000 | 1:50 |
| EUR/USD spread | 0.00 pips | 0.20 pips |
| Commission per lot | $4 | $4 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, ACH |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, ACH |
| Withdrawal speed | 24h | 48h |
| Base currencies | USD, EUR, GBP, NGN | USD, EUR, GBP, AUD, NZD, JPY, CAD, CHF, HKD, SGD |
FXTM is best for
High-volume traders
Day traders
Copy traders
Interactive Brokers is best for
High-volume traders
Algo traders
Stock CFD traders