Interactive Brokers Minimum Deposit

Page Summary

Interactive Brokers has no minimum deposit fees, which is a top advantage with this broker. The minimum initial deposit is an important factor when deciding which online broker is best for your needs.

Minimum Deposit Comparison

Interactive Brokers Saxo Bank TradeStation Global
Minimum deposit $0 $2,000 $1,000

This article discusses the specifics of minimum deposit fees at Interactive Brokers.

Fees & Funding Options

Interactive Brokers does not charge a deposit fee. This is excellent for traders of all levels of experience. It means the broker won’t deduct anything from your deposits. Interactive Brokers offers only one funding option, bank transfers.

The average transfer time is between 2 to 3 business days. The funding process at Interactive Brokers isn’t user-friendly and might be challenging for beginners.

Fee Comparison

Interactive Brokers Saxo Bank TradeStation Global
Bank transfer Yes Yes Yes
Credit/debit card No Yes No
Electronic wallets No No No


All trading accounts have a base currency. The number of base currencies at Interactive Brokers is 23. You’ll have to pay a conversion fee if you deposit in a currency different from the base currency of your Interactive Brokers account. The best approach to save money on conversion fees is to use a multi-currency digital bank account.

Currency Comparison

Interactive Brokers Saxo Bank TradeStation Global
Number of base currencies 23 26 22

Sending The Minimum Deposit

Funding your Interactive Brokers account requires you to follow the steps below:

  1. Create a brokerage account;
  2. Verify your information;
  3. Log in to your account and select a funding option;
  4. Verify the funding transaction;
  5. Initiate the funding process.

Final Verdict

Interactive Brokers has a competitive fee structure with no minimum initial deposit fees. However, the funding process might be challenging for new traders. Read detailed information about the funding process at Interactive Brokers in our in-depth reviews.

Interactive Brokers compared to other brokers:
Interactive Brokers Review


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


Please enter your comment!
Please enter your name here

This site is registered on as a development site.