Forex.com vs Interactive Brokers compared

USA

USA

Low trading and average non-trading fees, low forex fees

Low trading and non-trading fees, free stock and ETF trading for US customers

7

23

$100

$0

1-3 days

1-3 days

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Disclaimer: 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Disclaimer: 60.0% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Great

Great

£85,000 for clients under FCA, CAD 1 million for clients under IIROC, no investor protection for other clients

£85,000 or $500,000 (but only $250,000 for cash) in the UK depending on the assets you hold; $500,000 ($250,000) in the US; €20,000 (IB Ireland & Luxembourg) or €100,000 (IB Central Europe) in the EU, CAD 1 million in Canada; HKD 500,000 in Hong Kong

2001

1977

USA, UK, Canada, Japan, Cayman Islands, Cyprus

USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore