FXOpen vs. Interactive brokers

Comparison: FXOpen 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%

FXOpen vs. Interactive brokers

Basic information

Basic information
FXOpen Interactive brokers
Deposit 100 EUR/USD 10 EUR/USD
Spreads 1 EUR/USD 1 EUR/USD
Established 2005 1978
Currency Pairs (Total Forex pairs) 95 22
Country UK, Australia UK
Regulation FCA (UK), ASIC (Australia) Authorised in the European Union (EU)
Trading app MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5) Desktop Platform (Windows), Web Platform
Number of CFD asset classes 5 5
Broker type MM ECN, STP
Support Phone, Mail, Chat Phone, Mail, Chat
Funding methods * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire * 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.

75% of retail investor accounts lose money when trading CFDs with this provider.

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 FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while Interactive brokers sets it at 10 EUR/USD. Conversely, Interactive brokers scores with a lower minimum deposit. For FXOpen, the spread is 1 EUR/USD, while for Interactive brokers it is 1 EUR/USD. In this area, both brokers are on par. FXOpen offers 95 forex pairs, while Interactive brokers provides 22. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, 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 FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while Interactive brokers has 1. More regulations at FXOpen enhance its trustworthiness. FXOpen supports 3 platforms, while Interactive brokers offers 2. A greater choice of platforms gives FXOpen the lead.
36%
FXOpen
50%
Interactive brokers

Key Strengths

FXOpen
  • Micro accounts from just 1 USD allow starting with minimal capital
  • Support for MetaTrader 4 and 5 - the standard among traders
  • Free demo accounts for practicing strategies
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 62 62
  2. Cost 80 80
  3. Trading app 43 29
  4. Trading Tools 100 100
  5. Research 33 83
  6. Education 33 100
  7. Forex 100 100
  8. Commodities 0 100
  9. Indicies 60 100
  10. Cryptocurrencies 20 0
  11. Regulations 33 17
  12. Support 100 100
  13. Overall 36 50

Comprehensive Comparison: FXOpen vs Interactive brokers

FXOpen
Interactive brokers

Investments

62 % 62 %
Investments
Investments FXOpenInteractive brokers
Currency Pairs (Total Forex pairs) 95 22
CFDs – Total Offered 110+ 100+
Options CFD No Yes
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes No

Cost

80 % 80 %
Cost
Cost FXOpenInteractive brokers
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1
Deposit from 100 10
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No

Trading app

43 % 29 %
Trading app
Trading app FXOpenInteractive brokers
Desktop Platform (Windows) Yes 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

Trading Tools

100 % 100 %
Trading Tools
Trading Tools FXOpenInteractive brokers
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 Yes Yes

Research

33 % 83 %
Research
Research FXOpenInteractive brokers
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No Yes
Social Sentiment – Currency Pairs No No
Economic Calendar No Yes
Research No Yes

Education

33 % 100 %
Education
Education FXOpenInteractive brokers
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No Yes
Education No Yes

Forex

100 % 100 %
Forex
Forex FXOpenInteractive brokers
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

Commodities

0 % 100 %
Commodities
Commodities FXOpenInteractive brokers
Gold No Yes
Silver No Yes
WIT Oil No Yes
Brent Oil No Yes
Coffee No Yes
Cocoa No Yes
Soybeans No Yes
Rice No Yes
Corn No Yes
Platinum No Yes
Palladium No Yes

Indicies

60 % 100 %
Indicies
Indicies FXOpenInteractive brokers
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes

Cryptocurrencies

20 % 0 %
Cryptocurrencies
Cryptocurrencies FXOpenInteractive brokers
Bitcoin Yes No
Litecoin No 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

Regulations

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

Support

100 % 100 %
Support
Support FXOpenInteractive brokers
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

36 % 50 %
Overall
Overall FXOpenInteractive brokers

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 FXOpen

The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.

Lowest Costs

Both brokers have comparable fee structures and spreads.

FXOpen Interactive brokers