Interactive Brokers Review
Low-cost, highly regulated multi-asset broker with professional-grade tools, best suited to experienced/active traders.
Visit Interactive Brokers →Spreads by Pair (Pips)
EUR/USD
0.2
GBP/USD
0.5
USD/JPY
0.3
XAU/USD
—
US OIL
—
BTC/USD
—
Trading Conditions
Min Deposit
$0
Max Leverage
1:30 (UK/EU retail) / 1:50 (US forex)
Avg Spread
0.2 pips
Commission
0.2 basis points (min $2) on forex (IBKR Pro)
Account Types Offered
| Account | Platform | Spreads | Comm. | Min Dep | Leverage |
|---|---|---|---|---|---|
| IBKR Pro | TWS/Web | From 0.1 pips | Tiered/Fixed (min $2) | $0 | 1:50 |
| IBKR Lite | TWS/Web | Wider | $0 | $0 | 1:50 |
Broker Details
Minimum Trade Size
No fixed minimum lot; $25,000 equivalent for some
Maximum Leverage
1:30 (UK/EU retail) / 1:50 (US forex)
Minimum to Open Live
$0
Established
—
Address
One Pickwick Plaza, Greenwich, Connecticut 06830, USA
Contact
newaccounts@interactivebrokers.com
Regulators
SEC/FINRA/CFTC (US), FCA (UK), ASIC (Australia), IIROC (Canada), and more
Prohibited Countries
Nigeria, Afghanistan, Belarus, Iran, North Korea, FATF sanctions
Dealing Desk
❌ No
Web Trading
✅ Yes
Mobile Trading
✅ Yes
Trading Instruments
Currencies
105 currency pairs
Cryptocurrencies
Crypto trading confirmed
CFD
150+ markets (Stocks, Options, Futures, Forex, Bonds, ETFs, Commodities)
Trading Conditions & Methods
Deposit Methods
Bank Wire Transfer, ACH (US), Checks (US), Online Bill Pay, Direct Deposit
Withdrawal Methods
Bank Wire, ACH (US), Checks (US), SEPA (EU), BACS (UK)
Pros & Cons
✅ PROS
- + Extremely low FX commissions
- + huge multi-asset product range
- + very strong regulatory footprint
- + professional research tools.
❌ CONS
- - TWS has a steep learning curve for beginners
- - inactivity/account fees can apply
- - less beginner-friendly UI.
About Interactive Brokers
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Quick Facts
Ready to start trading?
Visit Interactive BrokersTrading involves risk. Only invest what you can afford to lose.