This contrast guide assists customers who have a hard time to pick between ETX Capital and Interactive Brokers to locate the best online broker for their trading and financial investment requirements. It evaluates the main features of the two brokers alongside to help customers compare their solution and make an informed choice.
To help users pick the best broker in between ETX Capital and Interactive Brokers to locate the best-suited platform, below is a list of broker’s benefits and drawbacks, adhered to by a contrast of their main trading features, consisting of trading platforms & devices, fees, mobile trading, down payment & withdrawal, possessions, law, and client support.
ETX Capital vs. Interactive Brokers: Summary
ETX Capital is a UK based brokerage firm founded in 1965. It offers access to over 6000 tradable instruments including shares, forex, commodities, crypto and CFDs. ETX Capital offers a variety of trading platforms and features including a pro version platform, copy trading app and MT4 integration.
ETX Capital charges competitive trading fees and offers multiple advanced order types including GTC, GSLO, and OCO.
ETX Capital customer service is available 24-7 through email, live chat, and phone.
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
Pros
- Low spreads from 0.6 pips EUR/USD
- Compatibility with MT4
- Great choice of different trading platforms (desktop and mobile)
- Fast account opening
- Very good for Research and Education
Cons
- The offer (and choice) of trading instrument could be better
Pros
- Low minimum deposit ($0)
- Industry lowest overall fees
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Compatible features for casual and professional traders
- Responsive customer support
Cons
- Few deposit and withdrawal options
- Research and education materials missing
Key features
- Low overall trading fees
- Compatibility with MT4
- Wide range of educational materials
- Low, floating spreads
- Advanced order types
- Free unlimited demo trading account
Key features
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
ETX Capital vs. Interactive Brokers Comparison
Select up to 3 Brokers
ETX Capital
Interactive Brokers
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 400:1 | 1:20 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 1% |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.6 pips | 0.2 pips + 0.08 to 0.20 bps times trade size comission |
| Stocks & ETF | 0.4 pips | $ 0.005 per share |
| CFD (Gold) | 0.4 pips | 0.02% |
| Crypto | Variable | 0.12% to 0.18% of trade value |
| Options | 0 | |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees | Yes on CFD’s |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | YES from US bank account | |
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 16.500 |
| ETF & Funds | 0 | 35.000 |
| Crypto | 0 | 4 |
| Commodities | 0 | 1 |
| Indices | 0 | 3052 |
| Options | 0 | 50.000 |
| Futures | 0 | 245 |
| Bonds | 0 | 1.000.000 |
| Forex Instruments | 62 | 115 |
| CFD Indices & Funds | 30 | 13 |
| CFD Stocks | 5000 | 8.000 |
| CFD Commodities | 29 | 2 |
| CFD Crypto | 4 | 0 |
| CFD Bonds | 11 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
ETX Capital vs. Interactive Brokers Comparison Conclusion
The outcomes of our contrast of ETX Capital vs. Interactive Brokers are involved the table below.
| Broker: | Best For: |
| ETX Capital | Forex and CFD trading |
| Interactive Brokers | Stocks and ETFs |
Selecting the right selection in between ETX Capital and Interactive Brokers can be hard. Both on-line brokers have resemblances but differ regarding trading tools, platforms & applications, policy, down payment & withdrawals, and study and education and learning. Picking the very best broker depends on individuals’ trading & financial investment goals, specific preferences, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.