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Forex trading at Interactive Brokers: Discover the key features and highlights

Your expert
Adam N.
Fact checked by
5d ago
Personally tested

Can you trade forex at Interactive Brokers as of June 2024?

Interested in trading foreign currencies? Unsure if a broker offers Forex trading, fair fees, and a good trading platform? Don't worry, I'll answer these important questions to guide you through FX trading at Interactive Brokers confidently.

Good news is that forex trading is available at Interactive Brokers. I've scrutinized the trading conditions, particularly fees and safety, to offer you insights into what to expect.

Inside Interactive Brokers: Your Guide to Forex Fees and other services
Adam Nasli
Forex • Algo Trading • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of Interactive Brokers by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know if you want to trade forex with Interactive Brokers as of June 2024:

  • Interactive Brokers forex fees are at the standard market level.
  • I consider Interactive Brokers a trusted broker as it is overseen by at least one very strict regulator.
  • Interactive Brokers is primarily a stock/ETF broker.
  • Explore the services of Interactive Brokers in our Interactive Brokers review for 2024.
Is Interactive Brokers a legit broker?
See how Interactive Brokers is regulated and whether you should have any concerns using it.

Interactive Brokers forex fees, withdrawal fees and details

Whether you're a seasoned trader or just starting out, having a clear understanding of these fees and details can help you make informed decisions about your trading strategy and broker selection. From spreads to overnight fees, this table aims to give you a complete overview to guide your trading journey.

💰 Interactive Brokers EURUSD spread 0.2
💰 Interactive Brokers withdrawal fee charged $0
💰 Interactive Brokers inactivity fee charged No
💰 Interactive Brokers minimum deposit $0
📃Interactive Brokers ECN account available Yes
📃Interactive Brokers swap-free/Islamic account available No
💳 Deposit methods Bank transfer
🗺️ Country of regulation USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
🎮 Interactive Brokers demo account provided Yes
📋 Read more Check out the Interactive Brokers review for 2024
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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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