Interactive Brokers Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Interactive Brokers does not match your requirements we explain the top Interactive Brokers alternatives and Interactive Brokers competitors in this guide.
The best alternative for Interactive Brokers is IC Markets or Roboforex.
When searching for a Interactive Brokers alternative, there are a few things you need to check. The Interactive Brokers trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Interactive Brokers alternatives and competitors feature by feature further below this Interactive Brokers alternatives guide.
If you are looking for a trading platform that offers similar features to Interactive Brokers or Interactive Brokers. Or if you are looking for features that Interactive Brokers does not offer that you require when trading, we will show you the best Interactive Brokers alternative options below.
We highlight the pros and cons of each Interactive Brokers alternative. Maybe you are looking for better customer service from a Interactive Brokers alternative or more competitive Interactive Brokers fees and more financial instruments to trade.
We have listed some reasons why Interactive Brokers may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Interactive Brokers does not offer Guaranteed Stop Loss (See Interactive Brokers alternatives who offer Guaranteed Stop Loss here)
- Interactive Brokers does not offer MT4 (See Interactive Brokers alternatives offering the MT4 trading platform here)
- MT5 is not offered by Interactive Brokers (find Interactive Brokers alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Interactive Brokers (find Interactive Brokers alternatives offering the cTrader trading platform here)
- Interactive Brokers does not offer Micro accounts (Check here for Interactive Brokers alternatives offering micro accounts)
- Interactive Brokers does not offer Islamic accounts (Check here for Interactive Brokers alternatives offering Islamic accounts)
- Interactive Brokers have withdrawal fees (See Interactive Brokers alternatives who don’t have withdrawal fees here)
- Interactive Brokers have deposit fees (See Interactive Brokers alternatives who don’t have deposit fees here)
Top Interactive Brokers Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | IBKR GlobalTrader, IBKR Desktop, IBKR Mobile, Trader Workstation (TWS), IBKR APIs, IBKR ForecastTrader, IMPACT, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 100 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 10 | 61 | 35 |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 10000 | 200 | 10 |
| 👱♂️ Used By | 3,120,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 1977 | 2007 | 2009 |
| 👮♂️ Regulation | 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) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Interactive Brokers alternative comparison, you can scroll further down here.
