Interactive Brokers vs FXTM 2026: Which Broker is Better?
Choosing between Interactive Brokers and FXTM depends on your trading style, preferred markets, and budget. Interactive Brokers is headquartered in Greenwich, USA, while FXTM operates from Limassol, Cyprus. Interactive Brokers has the longer track record, established in 1978, compared to FXTM which was founded in 2011. 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
FXTM
| Interactive Brokers | FXTM | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $10 |
| Spread from | 0.2 pips | 0.1 pips ✓ |
| Max Leverage | 1:4 | 1:2000 ✓ |
| Regulation | SEC, CFTC, FCA ✓ | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowInteractive Brokers vs FXTM: Key Differences
Interactive Brokers
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Fees Comparison
Interactive Brokers
FXTM
Regulation & Trust
Interactive Brokers holds licences from SEC, CFTC, FCA. FXTM is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
Fees & Spreads
On spreads, FXTM is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.2 pips at Interactive Brokers.
Trading Platforms
Interactive Brokers supports Proprietary Web, Proprietary Mobile. FXTM offers MT4, MT5.
Minimum Deposit
Interactive Brokers requires no minimum deposit, while FXTM sets a minimum deposit of $10. This makes Interactive Brokers accessible to traders with any budget.
Overall Ratings
BrokerRank scores Interactive Brokers at 4.43/5 and FXTM at 3.59/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Interactive Brokers leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
- Higher overall rating (4.4/5)
- No minimum deposit
- More regulatory licences (5)
- More established (est. 1978)
FXTM
3.6/5
Choose FXTM if you want…
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:2000)
Also consider
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.
Both Interactive Brokers & FXTM are available in
Frequently Asked Questions
1Is Interactive Brokers better than FXTM?
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Interactive Brokers or FXTM?
Interactive Brokers offers spreads from 0.2 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Interactive Brokers vs FXTM?
Interactive Brokers requires a minimum deposit of $0. FXTM requires $10.
4Which broker is safer, Interactive Brokers or FXTM?
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while FXTM holds licences from FCA, CySEC, FSCA.
5What trading platforms do Interactive Brokers and FXTM support?
Interactive Brokers supports Proprietary Web, Proprietary Mobile. FXTM supports MT4, MT5.
6Can I use both Interactive Brokers and FXTM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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