ForexTime vs. Interactive brokers

Comparison: ForexTime vs. Interactive brokers – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.

Winner of this comparison: Interactive brokers with an overall rating of 50%

ForexTime vs. Interactive brokers
ForexTime
Interactive brokers

Basic information

Deposit
200 EUR/USD
10 EUR/USD
Spreads
1.5 EUR/USD
1 EUR/USD
Established
2011
1978
Currency Pairs (Total Forex pairs)
35
22
Country
Cyprus
UK
Regulation
FCA (UK), Cysec
Authorised in the European Union (EU)
Trading app
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Desktop Platform (Windows), Web Platform
Number of CFD asset classes
6
5
Broker type
ECN, STP
ECN, STP
Support
Phone, Mail, Chat
Phone, Mail, Chat
Funding methods
* Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney
* Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire
Real Stocks and ETFs
Yes
Yes

*The value is indicative from the broker's website. The spread amount is variable.

Comparison Result

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 ForexTime only reaches 46%. ForexTime 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 ForexTime, the spread is 1.5 EUR/USD, while for Interactive brokers it is 1 EUR/USD. Lower spreads at Interactive brokers give it the edge. ForexTime offers 35 forex pairs, while Interactive brokers provides 22. A wider selection gives ForexTime the advantage. ForexTime was founded in 2011, 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 ForexTime lacks it. ForexTime is overseen by 2 regulatory bodies, while Interactive brokers has 1. More regulations at ForexTime enhance its trustworthiness. ForexTime supports 2 platforms, while Interactive brokers offers 2. In terms of platform count, both are on the same level.
46%
ForexTime
50%
Interactive brokers

Key Strengths

ForexTime
  • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
  • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
  • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
Interactive brokers
  • Extremely low fees
  • Wide range of products
  • Many great research tools
  • Low margin rates
  • No inactivity fee and no withdrawal fee

Comparison by Categories

  1. Investments 75 62
  2. Cost 80 80
  3. Trading app 29 29
  4. Trading Tools 90 100
  5. Research 50 83
  6. Education 67 100
  7. Forex 100 100
  8. Commodities 55 100
  9. Indicies 100 100
  10. Cryptocurrencies 30 0
  11. Regulations 33 17
  12. Support 100 100
  13. Overall 46 50

Comprehensive Comparison: ForexTime vs Interactive brokers

ForexTime
Interactive brokers

Investments

75 % 62 %
Currency Pairs (Total Forex pairs)
35
22
CFDs – Total Offered
250+
100+
Options CFD
No
Yes
Share CFDs
Yes
No
Forex CFD
Yes
Yes
Commodities CFD
Yes
Yes
ETF CFD
Yes
Yes
Indicies CFD
Yes
Yes
Cryptocurrency traded as actual
No
No
Cryptocurrency traded as CFD
Yes
No
Winner
No
No

Cost

80 % 80 %
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
1.5
1
Deposit from
200
10
Account fee
No
No
Inactivity fee
Yes
Yes
Active Trader or VIP Discounts
No
No
Withdrawal fees
No
No
Deposit fees
No
No
Winner
No
No

Trading app

29 % 29 %
Desktop Platform (Windows)
No
Yes
Web Platform
No
Yes
Social Trading / Copy-Trading
No
No
MetaTrader 4 (MT4)
Yes
No
MetaTrader 5 (MT5)
Yes
No
Currenex
No
No
cTrader
No
No
Winner
No
No

Trading Tools

90 % 100 %
Financial leverage
Yes
Yes
Virtual Trading (Demo)
Yes
Yes
Alerts – Basic Fields
Yes
Yes
Charting – Indicators / Studies (Total)
Yes
Yes
Charting – Drawing Tools (Total)
Yes
Yes
Charting – Trade From Chart
Yes
Yes
Stop-Loss
Yes
Yes
Finacial Calendar
Yes
Yes
Daily financial news
Yes
Yes
Order Type – Trailing Stop
No
Yes
Winner
No
No

Research

50 % 83 %
Daily Market Commentary
Yes
Yes
Forex News (Top-Tier Sources)
Yes
Yes
Weekly Webinars
Yes
Yes
Social Sentiment – Currency Pairs
No
No
Economic Calendar
No
Yes
Research
No
Yes
Winner
No
No

Education

67 % 100 %
Has Education – Forex
Yes
Yes
Has Education – CFDs
Yes
Yes
Client Webinars
Yes
Yes
Videos – Advanced Trading Videos
No
Yes
Investor Dictionary (Glossary)
No
Yes
Education
Yes
Yes
Winner
No
No

Forex

100 % 100 %
GBP/USD
Yes
Yes
USD/JPY
Yes
Yes
EUR/USD
Yes
Yes
USD/CHF
Yes
Yes
USD/CAD
Yes
Yes
NZD/USD
Yes
Yes
AUD/USD
Yes
Yes
Winner
No
No

Commodities

55 % 100 %
Gold
Yes
Yes
Silver
Yes
Yes
WIT Oil
Yes
Yes
Brent Oil
Yes
Yes
Coffee
No
Yes
Cocoa
No
Yes
Soybeans
No
Yes
Rice
No
Yes
Corn
No
Yes
Platinum
Yes
Yes
Palladium
Yes
Yes
Winner
No
No

Indicies

100 % 100 %
DAX 40
Yes
Yes
S&P 500
Yes
Yes
Nasdaq
Yes
Yes
Dow Jones
Yes
Yes
Nikkei
Yes
Yes
Winner
No
No

Cryptocurrencies

30 % 0 %
Bitcoin
Yes
No
Litecoin
Yes
No
Ethereum
Yes
No
Ripple
No
No
Neo
No
No
Stellar
No
No
Cardano
No
No
Tron
No
No
Monero
No
No
EOS
No
No
Winner
No
No

Regulations

33 % 17 %
Cysec
Yes
No
ASIC (Australia)
No
No
FCA (UK)
Yes
No
Authorised in the European Union (EU)
No
Yes
CFTC Registered (USA)
No
No
FINMA (Switzerland)
No
No
Winner
No
No

Support

100 % 100 %
Chat
Yes
Yes
Phone
Yes
Yes
Mail
Yes
Yes
Winner
No
No

Overall

46 % 50 %
Winner
No
No

Our Recommendations

Best for Interactive brokers

Thanks to comprehensive educational materials and a user-friendly platform, Interactive brokers is an ideal choice for new traders.

Best Platform

Both brokers offer excellent trading platforms with similar features and user-friendliness.

Lowest Costs

Both brokers have comparable fee structures and spreads.

ForexTime Interactive brokers