Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
In the world of online trading, Interactive Brokers and Markets.com present distinct offerings tailored to different types of traders. Interactive Brokers, with its low commission structure and access to over 150 markets across 33 countries, is ideal for seasoned traders seeking advanced tools and a comprehensive trading environment. In contrast, Markets.com appeals to beginners and intermediate traders with its user-friendly platforms, educational resources, and a wide range of over 2000 instruments, despite its slightly higher spreads and minimum deposit requirement. The key difference lies in their target audiences: Interactive Brokers caters to professional traders looking for sophisticated tools and low costs, while Markets.com focuses on accessibility and educational support for newer traders.
Interactive Brokers
Markets.com
| Interactive Brokers | Markets.com | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.8/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:4 | 1:300 ✓ |
| Regulation | SEC, CFTC, FCA ✓ | CySEC, ASIC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Interactive Brokers offers lower spreads (0.2 pips).
See full side-by-side comparison belowInteractive Brokers
WinnerMarkets.com
Interactive Brokers
Markets.com
Interactive Brokers is a highly reputable firm, established in 1978 and headquartered in Greenwich, USA. It is regulated by top-tier authorities such as the SEC, CFTC, FCA, MAS, and ASIC. This extensive regulatory oversight across multiple jurisdictions ensures a high level of safety and investor protection. Clients benefit from robust fund protection schemes and can trade with confidence knowing their investments are well-secured.
In contrast, Markets.com, based in Limassol, Cyprus since its founding in 2008, is regulated by CySEC, ASIC, and FCA. While these are reputable regulatory bodies, they do not match the breadth of coverage offered by Interactive Brokers. Nonetheless, Markets.com provides substantial fund protection measures and maintains a strong commitment to regulatory compliance, offering a secure trading environment for its clients.
Interactive Brokers is renowned for its low-cost trading, with spreads starting as low as 0.2 pips. The broker charges a commission of 0.005 per trade, which is particularly appealing for high-volume traders. One of the significant advantages is its zero minimum deposit requirement, making it accessible for traders of all levels. However, traders should be aware of an inactivity fee, which could impact those with smaller accounts.
Markets.com offers spreads beginning from 0.6 pips with no commission charged on trades. This structure is beneficial for traders who prefer a commission-free model, although the wider spreads may not be as competitive as those offered by Interactive Brokers. The minimum deposit of $100 is relatively modest, making it accessible, but higher than Interactive Brokers' zero minimum requirement. Like Interactive Brokers, Markets.com also imposes an inactivity fee.
Interactive Brokers provides proprietary web and mobile platforms designed for advanced users, offering a comprehensive suite of tools for professional trading. Meanwhile, Markets.com offers both the widely used MetaTrader 4 and MetaTrader 5 platforms, along with its proprietary web platform. These platforms cater to a broad audience, from beginners to experienced traders, with a focus on user-friendly interfaces and robust features.
For beginners, Markets.com is the better choice due to its user-friendly platforms and educational resources. For professional traders, Interactive Brokers stands out with its advanced tools and low commissions. On fees, Interactive Brokers offers the more competitive pricing structure with lower spreads and commissions.
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
Markets.com
3.8/5
Choose Markets.com if you want…
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs Markets.com's 3.8/5. 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 Markets.com starts at 0.6 pips. Check the fees section above for a full breakdown.
Interactive Brokers requires a minimum deposit of $0. Markets.com requires $100.
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while Markets.com holds licences from CySEC, ASIC, FCA.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. Markets.com supports MT4, MT5, Proprietary Web.
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.