FxPro vs. Interactive Brokers Comparison

This contrast overview assists customers who struggle to pick between FxPro and Interactive Brokers to discover the most effective online broker for their trading and investment demands. It examines the main features of both brokers alongside to help customers contrast their service and make an educated decision.

To assist individuals select the appropriate broker between FxPro and Interactive Brokers to locate the best-suited platform, below is a checklist of broker’s advantages and disadvantages, complied with by a contrast of their primary trading functions, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, law, and customer assistance.

FxPro vs. Interactive Brokers: Summary

FXPro logo

FxPro is a reputable forex and CFD broker regulated by two tier-one regulators including the FCA and MiFID. They allow users to trade on over 2,200 tradable symbols including 400 CFDs on forex,shares, cryptos, indices and metals. FXPro users can choose from a variety of trading platforms including a proprietary platform (FxPro Edge), MetaTrader 4, MetaTrader 5, and cTrader. They also have access to various trading tools like Trading Central trading signals, over 50 indicators and a handful of charting tools.

FxPro trading fees are above industry average when compared to industry leaders like Pepperstone or IG. The broker’s minimum deposit requirement is $0.

Their customer support is available 24/7 by email, live chat, and phone in English, Arabic, and over 20 other languages.

Interactive Brokers

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

  • Access to 2,200 tradable symbols
  • MetaTrader 4, MetaTrader 5, and cTrader integration
  • Fast order execution
  • Excellent customer support
  • Micro lot trading
  • Fast order execution

Cons

  • Only offers CFD and forex trading
  • Slightly above average trading fees
  • Inactivity fees

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

  • Access to 2,200 + tradable instruments
  • Wide range of mobile trading apps (FxPro edge, MT4, MT5 and cTrader)
  • Competitive forex spreads from 1.2 pips EUR/USD
  • MT4, MT5 and cTrader integration
  • Trading signals by Trading Central
  • Fast and reliable order execution below 14ms

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

FxPro vs. Interactive Brokers Comparison

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FXPro logo

FXPro

Open account Read review

75.18% of retail CFD accounts lose money

Interactive Brokers

Interactive Brokers

Open account Read review

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

FXPro logo
Interactive Brokers

Overall rating

4,1/5

4,9/5

Overall rating

4,1/5

4,9/5

Trading Platform & Tools

4.7

4.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 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

3.6

4.9

See details
Withdrawal Fee 0 0
Deposit Fee 0 1%
Inactivity Fee $5 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.1 pips 0.2 pips + 0.08 to 0.20 bps times trade size comission
Stocks & ETF 0 $ 0.005 per share
CFD (Gold) 3.5 pips 0.02%
Crypto 0 0.12% to 0.18% of trade value
Options 0
Conversion Fees 0
Misc. Fees 0 0
Overnight Fees Yes on CFD’s

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

4.9

See details
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

2.9

4.9

See details
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 70 115
CFD Indices & Funds 42 13
CFD Stocks 2030 8.000
CFD Commodities 8 2
CFD Crypto 31 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.9

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

FxPro vs. Interactive Brokers Comparison Conclusion

The results of our comparison of FxPro vs. Interactive Brokers are wrapped up in the table below.

Broker:Best For:
FxProForex and CFDs; MetaTrader Broker
Interactive BrokersStocks and ETFs

Selecting the right choice in between FxPro and Interactive Brokers can be hard. Both on the internet brokers have similarities but vary concerning trading instruments, platforms & applications, guideline, deposit & withdrawals, and research and education and learning. Choosing the most effective broker depends on users’ trading & financial investment goals, private preferences, and experience level.

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.

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