Interactive Brokers INFO
Interactive Brokers (Interactive Brokers LLC) is a forex broker based in Greenwich, Connecticut, US and their Forex branch was formed in 2005. This broker is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission and member of the National Futures Association (ID#0258600). They are also regulated in other countries such as UK and Canada.
| Interactive Brokers SPECIFICATIONS |
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Spread on Majors* | |
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| EUR/USD | from 1 to 2 pips | | USD/JPY | from 1 to 2 pips | | USD/CHF | from 1 to 2 pips | | GBP/USD | from 1 to 2 pips | | USD/CAD | from 1 to 2 pips | | AUD/USD | from 1 to 2 pips | *Spreads during normal market conditions |
| AVAILABLE TYPE OF ACCOUNTS & LEVERAGE |
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| Demo Account | Yes | | Mini Account | Yes, US$2,000 to open, 50:1 (on majors) | | Standard Account | Yes, US$25,000 to open and up to 50:1 leverage (on majors) | | Accounts available in: AUD, CAD, CHF, EUR, GBP, HKD, JPY and USD. |
| COMMISSIONS |
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| Accounts below 25K | 1 pip or US$2.5 (whichever is greater) per 100,000 traded | | Accounts above 25K | from 0.1 to 0.2 pips (depending on trading volume) or US$2.5 (whichever is greater) |
| OTHER INFORMATION |
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| Platform | IDEALPro for accounts above 25K and IDEAL for accounts below 25K | | Supported Languages | English, French, Deutsch, Spanish and Chinese | | Accepted Deposits | Wire Transfer, Check and ACH |
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How to rate this broker?
Customer service: are they efficient and willing to help on any issue?
Honest: Did they delivered what they were supposed to?
Trading Execution: evaluate slippage, requotes, etc.
Platform Features: Platform capabilities such as trailing stop, OCO orders, one click dealing, etc.
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