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Side-by-Side Comparison Independent Updated Oct 27, 2026

FirstMetroSec vs Interactive Brokers 2026: Which Broker is Better?

Compare FirstMetroSec and Interactive Brokers side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FirstMetroSec

Interactive Brokers

Higher ratedInteractive Brokers logo

Interactive Brokers

4.4/ 5
Visit Interactive Brokers →Full review
VS
FirstMetroSecInteractive Brokers
BrokerRank Score3.0/54.4/5 ✓
Min. Deposit$5000$0 ✓
Spread from0 pips ✓0.2 pips
Max Leverage1:11:4 ✓
RegulationSECSEC, CFTC, FCA ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Interactive BrokersFirstMetroSec
Best for Low Fees
FirstMetroSecInteractive Brokers
Best for Regulation
Interactive BrokersFirstMetroSec
Best Overall
Interactive BrokersFirstMetroSec
Quick Answer

Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.0/5 on BrokerRank's independent rating. On fees, FirstMetroSec offers lower spreads (0 pips).

See full side-by-side comparison below

FirstMetroSec vs Interactive Brokers: Key Differences

Feature

FirstMetroSec

Interactive Brokers

Winner
Our Rating
3.0 / 5
4.4 / 5
Min. Deposit
$5000
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$0.25/lot
$0.005/lot
Regulated By
SEC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Forex, Cfd, Indices, Commodities
Founded
1994
1978
Headquarters
Makati, Philippines
Greenwich, USA
Score
1 / 5
4 / 5

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Fees Comparison

Fee

FirstMetroSec

Interactive Brokers

Spread From
0 pips
0.2 pips
Commission
$0.25/lot
$0.005/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FirstMetroSec scores 3.01/5 while Interactive Brokers scores 4.43/5 in our independent rating.

Interactive Brokers edges ahead overall, but FirstMetroSec may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

FirstMetroSec

FirstMetroSec

3.0/5

Choose FirstMetroSec if you want…

  • Tighter spreads (from 0 pips)
Interactive Brokers

Interactive Brokers

4.4/5

Top pick

Choose Interactive Brokers if you want…

  • Higher overall rating (4.4/5)
  • No minimum deposit
  • Higher leverage (up to 1:4)
  • More regulatory licences (5)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.3
FCA
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FxPro
4.1
FCA
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#3Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
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#6XM logo
XM
3.9
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Both FirstMetroSec & Interactive Brokers are available in

Frequently Asked Questions

1

Is FirstMetroSec better than Interactive Brokers?

Interactive Brokers scores higher overall on our independent rating system. FirstMetroSec holds a 3.0/5 rating vs Interactive Brokers's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FirstMetroSec or Interactive Brokers?

FirstMetroSec offers spreads from 0 pips, while Interactive Brokers starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FirstMetroSec vs Interactive Brokers?

FirstMetroSec requires a minimum deposit of $5000. Interactive Brokers requires $0.

4

Which broker is safer, FirstMetroSec or Interactive Brokers?

FirstMetroSec is regulated by SEC, while Interactive Brokers holds licences from SEC, CFTC, FCA, MAS, ASIC.

5

What trading platforms do FirstMetroSec and Interactive Brokers support?

FirstMetroSec supports Proprietary Web, Proprietary Mobile. Interactive Brokers supports Proprietary Web, Proprietary Mobile.

6

Can I use both FirstMetroSec and Interactive Brokers?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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