FXTM vs Interactive Brokers
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.4
4.5
4 pts
Head to head
Winners by category
Full comparison table
Rating
FXTM
4.4
Interactive Brokers
4.5
Model score
FXTM
84
Interactive Brokers
80
Regulation
FXTM
FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)
Interactive Brokers
Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan).
Spreads
FXTM
Raw spreads start from 0.0 pips on the Advantage account. Fast execution speed via ECN liquidity providers with average execution times under 0.1 seconds.
Interactive Brokers
Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices.
Fees
FXTM
Advantage Account: Raw spreads from 0.0 pips + low commission ($0.40 to $2.00 per side based on volume). Micro & Advantage Plus Accounts: Spread-only pricing from 1.5 pips with zero commissions.
Interactive Brokers
Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn).
Platforms
FXTM
MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader App
Interactive Brokers
ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting.
Account types
FXTM
Micro, Advantage, Advantage Plus, Swap-Free (Islamic), Demo Account
Interactive Brokers
Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing).
Min deposit
FXTM
$10 (Micro Account) / $500 (Advantage Account)
Interactive Brokers
$0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000).
| Topic | FXTM | Interactive Brokers |
|---|---|---|
| Rating | 4.4 | 4.5 |
| Model score | 84 | 80 |
| Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius) | Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan). |
| Spreads | Raw spreads start from 0.0 pips on the Advantage account. Fast execution speed via ECN liquidity providers with average execution times under 0.1 seconds. | Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices. |
| Fees | Advantage Account: Raw spreads from 0.0 pips + low commission ($0.40 to $2.00 per side based on volume). Micro & Advantage Plus Accounts: Spread-only pricing from 1.5 pips with zero commissions. | Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn). |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader App | ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting. |
| Account types | Micro, Advantage, Advantage Plus, Swap-Free (Islamic), Demo Account | Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing). |
| Min deposit | $10 (Micro Account) / $500 (Advantage Account) | $0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000). |