Forex.com Vs Interactive Brokers

Forex.com and Interactive Brokers in Detail

The Forex.com online trading platform gives traders from all over the world access to over 5,500 financial instruments, Interactive Brokers include over 100 available instruments. There are over 454,000+ registered customers that have taken advantage of the Forex.com platform.

Forex.com are regulated by CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD .

Interactive Brokers is a renowned United States financial trading brokerage established in 1977.

Interactive Brokers serves customers globally and are regulated by NYSE (New York Stock Exchange), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), CIRO (Canadian Investment Regulatory Organization), FCA (Financial Conduct Authority) (208159), CBI (Central Bank of Ireland), ASIC (Australian Securities and Investments Commission) (453554), SEHK (Securities and Futures Commission, Hong Kong), MAS (Monetary Authority of Singapore) (CMS100917) . Depending on the country you are trading from Forex.com may serve you from a different business entity to comply with its financial regulators.

Interactive Brokers is listed as a publically traded company on a major stock market. As part of their regulatory requirements Interactive Brokers has to disclose a yearly report publically. Because of this extra level of auditing and regulation Interactive Brokers can be considered trustworthy. Forex.com is not listed as a PLC.

Interactive Brokers is a popular well known financial trading platform serving over 3,120,000 customers.

Benefits of Forex.com and Interactive Brokers Compared

Below, we will give you a summary of the benefits Forex.com and Interactive Brokers offer side by side.

Forex.com offers a minimum deposit of 100 while Interactive Brokers have a 10000 minimum deposit.

Why smaller trading deposits are good and how Forex.com and Interactive Brokers compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Forex.com or Interactive Brokers. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Forex.com requires a minimum deposit of 100, whereas Interactive Brokers mandates a minimum deposit of 10000. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Forex.com or Interactive Brokers, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Forex.com allows traders to trade up to 5,500 financial instruments while Interactive Brokers have around 100 on their trading platform.

The more instruments available on Forex.com and Interactive Brokers trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Forex.com or Interactive Brokers.

The Forex.com trading platform has 4,500 stocks listed while Interactive Brokers has 0 stocks listed.

Forex.com allows retail traders to trade the following assets Forex, Indices, Commodities, Equities, Cryptocurrencies on the Forex.com Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView trading platforms.

Alternatively Interactive Brokers allows retail traders to trade Forex on the Interactive Brokers IBKR GlobalTrader, IBKR Desktop, IBKR Mobile, Trader Workstation (TWS), IBKR APIs, IBKR ForecastTrader, IMPACT, Mobile Apps, iOS (App Store), Android (Google Play) trading platforms.

Compare Forex.com and Interactive Brokers in more detail below.

Drawbacks of Forex.com and Interactive Brokers Compared

Below we compare what drawbacks Forex.com and Interactive Brokers have side by side.

Various potential downsides can be associated with certain brokers, including Forex.com and Interactive Brokers. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Forex.com compared to Interactive Brokers. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Forex.com versus Interactive Brokers.

Forex.com Vs Interactive Brokers Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Forex.com or Interactive Brokers. A diversified portfolio with Forex.com or Interactive Brokers can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Forex.com or Interactive Brokers, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Forex.com and Interactive Brokers.

Forex.com Vs Interactive Brokers Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Forex.com and Interactive Brokers, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Forex.com and Interactive Brokers offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Forex.com or Interactive Brokers is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Forex.com or Interactive Brokers could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Forex.com, Interactive Brokers, and all brokers are subject to regulation.

We compare Forex.com vs Interactive Brokers Crypto options below side by side.

Forex.com Vs Interactive Brokers Commission and Fees

knowing your trading and commission fees with Forex.com vs Interactive Brokers is extremely important. For the majority of the Forex.com 5,500 financial instruments and Interactive Brokers 100 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Forex.com and Interactive Brokers. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Forex.com and Interactive Brokers before you invest because you must know what you are paying.

You ideally want to choose a broker like Forex.com or Interactive Brokers that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with Forex.com or Interactive Brokers. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Forex.com and Interactive Brokers fees, of course. Make sure you do your research and check the commission and fees with both Forex.com and Interactive Brokers before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Forex.com or Interactive Brokers be aware of or 3rd party payment provider fees and currency conversion fees.

Forex.com does charge inactivity fees, while Interactive Brokers does not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Forex.com and Interactive Brokers accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Forex.com or Interactive Brokers account, or choose to close it.

Usually, the associated fees for dormant Forex.com or Interactive Brokers accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Forex.com or Interactive Brokers trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Forex.com or Interactive Brokers you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Forex.com or Interactive Brokers nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how Forex.com vs Interactive Brokers compare side by side for commissions and fees.

Forex.com Vs Interactive Brokers Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Forex.com and Interactive Brokers platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Forex.com or Interactive Brokers demo account.

Forex.com Vs Interactive Brokers Mobile Trading

Trading on your mobile with Forex.com and Interactive Brokers can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Forex.com and Interactive Brokers mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Forex.com or Interactive Brokers. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Forex.com or Interactive Brokers can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Forex.com or Interactive Brokers is essential. Likewise, if you have an android phone, it's crucial to verify if Forex.com or Interactive Brokers broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Forex.com and Interactive Brokers have trading apps compatible with your device.

Forex.com Vs Interactive Brokers Trading Account Types Offered

Forex.com Vs Interactive Brokers Demo Account

A demo account with Forex.com or Interactive Brokers is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Forex.com and Interactive Brokers demo account.

Forex.com Vs Interactive Brokers Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Forex.com or Interactive Brokers offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Forex.com and Interactive Brokers do not offer Micro accounts.

Forex.com Vs Interactive Brokers Standard Account

A standard account is available on Forex.com and Interactive Brokers to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both Forex.com and Interactive Brokers do offer clients Standard accounts.

Forex.com Vs Interactive Brokers MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Forex.com or Interactive Brokers or alternative.

Forex.com does offer clients MAM accounts, while Interactive Brokers does not offer clients MAM accounts.

Forex.com Vs Interactive Brokers ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Forex.com or Interactive Brokers or alternative.

Forex.com does not offer clients ECN accounts, while Interactive Brokers does offer clients ECN accounts.

Forex.com Vs Interactive Brokers Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Forex.com or Interactive Brokers or alternative.

Forex.com does offer clients Islamic accounts, while Interactive Brokers does not offer clients Islamic accounts.

Forex.com Vs Interactive Brokers STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Forex.com or Interactive Brokers or alternative.

Both Forex.com and Interactive Brokers offer clients STP accounts.

Forex.com Vs Interactive Brokers Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Forex.com does not offer clients Managed accounts, while Interactive Brokers does offer clients Managed accounts.

Forex.com Vs Interactive Brokers Withdrawal and Funding Methods

Forex.com and Interactive Brokers have multiple deposit and withdrawal options. Funding and withdrawing from your Forex.com and Interactive Brokers accounts to your chosen payment method should be straightforward. Lets see how Forex.com and Interactive Brokers compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Forex.com or Interactive Brokers.

Forex.com Vs Interactive Brokers Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Forex.com or Interactive Brokers support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Forex.com and Interactive Brokers support is always available when needed. Forex.com and Interactive Brokers customer support is not just useful. broker customer support is crucial to your trading success!

Forex.com Vs Interactive Brokers Live Chat

Live chat is important for several reasons. When you encounter a problem with Forex.com or Interactive Brokers trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both Forex.com and Interactive Brokers offer livechat support.

Forex.com Vs Interactive Brokers Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Forex.com or Interactive Brokers you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Forex.com or Interactive Brokers support team to answer satisfactorily. Email support with Forex.com and Interactive Brokers will be needed.

Both Forex.com and Interactive Brokers offer email support.

Forex.com Vs Interactive Brokers Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Forex.com or Interactive Brokers. We can get straight to the point, saving us time and frustration.

Both Forex.com and Interactive Brokers offer phone support.

Lets see how Forex.com and Interactive Brokers customer support compare side by side.

Forex.com Vs Interactive Brokers Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Forex.com and Interactive Brokers are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Forex.com or Interactive Brokers have these in place, please be extremely cautious before you proceed with them.

We compare Forex.com Vs Interactive Brokers financial regulation and licensing side by side below.

Forex.com Vs Interactive Brokers Education Resources Compared

We compare Forex.com and Interactive Brokers educational resources below.

Forex.com Vs Interactive Brokers Risk Management Features

When trading with either Forex.com or Interactive Brokers you will want to understand and make full use of all the risk management features on your Forex.com or Interactive Brokers trading platforms.

We compare side by side the trading risk management features offered by Forex.com and Interactive Brokers below.

Forex.com Vs Interactive Brokers Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both Forex.com and Interactive Brokers do offer clients hedging.

Forex.com Vs Interactive Brokers Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Forex.com and Interactive Brokers do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Forex.com or Interactive Brokers. You must still monitor any live trades and your financial exposure and financial risk.

Forex.com Vs Interactive Brokers Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Forex.com and Interactive Brokers do offer clients limit orders.

Forex.com Vs Interactive Brokers Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both Forex.com and Interactive Brokers do offer clients negative balance protection.

Forex.com Vs Interactive Brokers Verdict

We hope this Forex.com Vs Interactive Brokers guide has helped you decide who is best to trade with out of Forex.com and Interactive Brokers.

When choosing a broker like Forex.com or Interactive Brokers for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Forex.com or Interactive Brokers are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Forex.com or Interactive Brokers, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Forex.com or Interactive Brokers.

Also, before you sign up with online brokers like Forex.com or Interactive Brokers, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Forex.com or Interactive Brokers before investing money into something.

Beware of the risks that come with trading with Forex.com or Interactive Brokers. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Forex.com and Interactive Brokers educational resources and financial research tools. If you are new to trading, sign up for a demo account with Forex.com and Interactive Brokers to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Forex.com or Interactive Brokers will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Forex.com and Interactive Brokers fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Forex.com or Interactive Brokers if your investment strategy is more long-term.

Forex.com and Interactive Brokers Alternatives

If Forex.com and Interactive Brokers are not what you are not quite what you are looking for we list some of the best Forex.com and Interactive Brokers alternatives below.

Other Forex.com and Interactive Brokers Vs Comparisons

If you are still looking for an alternative to Forex.com and Interactive Brokers and want to see how Forex.com or Interactive Brokers compares Vs other brokers check out the Forex.com Vs and Interactive Brokers Vs list below.

Forex.com Vs Alternatives

Still not happy have a look at some of our alternative Forex.com Vs side by side comparisons below

• Forex.com vs IC Markets
• Forex.com vs Roboforex
• Forex.com vs eToro
• Forex.com vs XTB
• Forex.com vs XM
• Forex.com vs Pepperstone
• Forex.com vs AvaTrade
• Forex.com vs FP Markets
• Forex.com vs easyMarkets
• Forex.com vs SpreadEx

Interactive Brokers Vs Alternatives

Still not happy have a look at some of our alternative Forex.com Vs side by side comparisons below

• Interactive Brokers vs IC Markets
• Interactive Brokers vs Roboforex
• Interactive Brokers vs eToro
• Interactive Brokers vs XTB
• Interactive Brokers vs XM
• Interactive Brokers vs Pepperstone
• Interactive Brokers vs AvaTrade
• Interactive Brokers vs FP Markets
• Interactive Brokers vs easyMarkets
• Interactive Brokers vs SpreadEx

Forex.com Vs Interactive Brokers Frequently Asked Questions

We answer some of the most frequently asked Forex.com Vs Interactive Brokers questions below.

Is Forex.com any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Forex.com legit? - Forex.com are regulated by CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD and have been in business since 1999

Is Interactive Brokers any Good?

Interactive Brokers are regulated by NYSE (New York Stock Exchange), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), CIRO (Canadian Investment Regulatory Organization), FCA (Financial Conduct Authority) (208159), CBI (Central Bank of Ireland), ASIC (Australian Securities and Investments Commission) (453554), SEHK (Securities and Futures Commission, Hong Kong), MAS (Monetary Authority of Singapore) (CMS100917) and have been in business since 1977.

Which is better Forex.com or Interactive Brokers?

Forex.com and Interactive Brokers do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is Forex.com a con?

Forex.com is regulated by CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD and have been in business since 1999. We recommend looking at a Forex.com alternative that has more financial regulation.

Is Interactive Brokers a con?

Interactive Brokers is regulated by NYSE (New York Stock Exchange), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), CIRO (Canadian Investment Regulatory Organization), FCA (Financial Conduct Authority) (208159), CBI (Central Bank of Ireland), ASIC (Australian Securities and Investments Commission) (453554), SEHK (Securities and Futures Commission, Hong Kong), MAS (Monetary Authority of Singapore) (CMS100917) and have been in business since 1977. We recommend looking at a Interactive Brokers alternative that has more financial regulation.

What happens if Forex.com or Interactive Brokers go bust?

Forex.com and Interactive Brokers are regulated, which means that as part of their regulatory obligations Forex.com and Interactive Brokers have to offer a certain level of financial protection to their clients. Forex.com and Interactive Brokers should by law keep client funds separate from Forex.com and Interactive Brokers funds. If either Forex.com or Interactive Brokers goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Forex.com and Interactive Brokers websites and regulators.

Are Forex.com or Interactive Brokers good for beginners?

Forex.com and Interactive Brokers offer low deposits and access to a selection of market insights and news resources. Both Forex.com and Interactive Brokers offer demo accounts. Demo trading accounts are a big plus for Forex.com and Interactive Brokers as it shows they are interested in their customers.