Compare InstaForex vs Interactive brokers

Winner of the comparison

If you don’t want to read the full comparison, the winner of our review is Interactive brokers, which takes the lead with a rating of 50%, while InstaForex only reaches 48%. InstaForex requires a minimum deposit of 200 EUR/USD, while Interactive brokers sets it at 10 EUR/USD. Conversely, Interactive brokers scores with a lower minimum deposit. For InstaForex, the spread is 1.3 EUR/USD, while for Interactive brokers it is 1 EUR/USD. Lower spreads at Interactive brokers give it the edge. InstaForex offers 82 forex pairs, while Interactive brokers provides 22. A wider selection gives InstaForex the advantage. InstaForex was founded in 2007, while Interactive brokers has been operating since 1978. The older Interactive brokers has the upper hand in this regard. This advantage goes to Interactive brokers, while InstaForex lacks it. InstaForex is overseen by 1 regulatory bodies, while Interactive brokers has 1. In terms of regulation, both are equal. InstaForex supports 2 platforms, while Interactive brokers offers 2. In terms of platform count, both are on the same level.