Interactive Brokers
FXCM
VS
Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
Choosing between Interactive Brokers and FXCM depends on your trading style, preferred markets, and budget. Interactive Brokers is headquartered in Greenwich, USA, while FXCM operates from London, UK. Interactive Brokers has the longer track record, established in 1978, compared to FXCM which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Interactive Brokers
FXCM
| Interactive Brokers | FXCM | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.7/5 |
| Min. Deposit | $0 ✓ | $50 |
| Spread from | 0.2 pips | 0.2 pips |
| Max Leverage | 1:4 | 1:400 ✓ |
| Regulation | SEC, CFTC, FCA ✓ | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Interactive Brokers offers lower spreads (0.2 pips).
See full side-by-side comparison belowInteractive Brokers
WinnerFXCM
Interactive Brokers
FXCM
Lower feesInteractive Brokers holds licences from SEC, CFTC, FCA. FXCM is regulated by FCA, ASIC.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Interactive Brokers additionally covers Stocks.
On spreads, Interactive Brokers is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.2 pips at FXCM.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. FXCM offers MT4, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Interactive Brokers requires no minimum deposit, while FXCM sets a minimum deposit of $50. This makes Interactive Brokers accessible to traders with any budget.
BrokerRank scores Interactive Brokers at 4.43/5 and FXCM at 3.66/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Interactive Brokers leads overall with a clear advantage.
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
FXCM
3.7/5
Choose FXCM if you want…
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs FXCM's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Interactive Brokers offers spreads from 0.2 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Interactive Brokers requires a minimum deposit of $0. FXCM requires $50.
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while FXCM holds licences from FCA, ASIC.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. FXCM supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.