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Compare trust, fees, platforms, and withdrawals. See the trade-offs and details worth checking before you choose.
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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.
| VS field | ![]() | |
|---|---|---|
Decision summary | ||
| Overall score |
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82 |
91 |
| Trust score | 90 | 94 |
|---|
| Cost score | 68 | 88 |
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| Platform score | 94 | 93 |
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| Withdrawal score | 68 | 80 |
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| Best for | Potentially suitable for active forex/CFD traders seeking low-spread Raw pricing and MetaTrader/cTrader/TradingView access, but entity-specific protections, regional onboarding an… | Active traders · Advanced investors · International-market investors |
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| Watch out | Needs verification | Fee schedule is complex and varies by product, plan, market and entity · Country availability/restrictions need entity-specific review · No single universal max leverage figure fo… |
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Trust & regulation | ||
|---|---|---|
| Regulators | ASIC, CySEC, FSCA South Africa, FSA Seychelles, CMA Kenya Source | Regulated by SEC/FINRA/CFTC/NYSE in the US and by FCA, Central Bank of Ireland, ASIC, Hong Kong SFC, SEBI, Kanto Local Finance Bureau and MAS for regional affiliates. Source |
| License numbers | ASIC AFS 286354; CySEC 371/18; FSCA FSP 50926; Seychelles FSA SD130; Kenya CMA 193; Saint Lucia registration 2025-00853; Seychelles company registration 8426368-1. Source | US CRD 36418 / SEC 8-47257; UK FCA 208159; AU AFSL 453554; India SEBI INZ000217730 and NSDL IN-DP-602-2021; Singapore MAS CMS100917; Japan Kanto Local Finance Bureau No.187. Source |
| Regulated entities | First Prudential Markets Pty Ltd (ASIC AFS 286354); First Prudential Markets Limited (Seychelles FSA SD130); FP Markets (Pty) Ltd (FSCA FSP 50926); First Prudential Markets Ltd (CySEC 371/18); FP Markets Ltd (Saint Lucia registration 2025-00853). Source | Major regulated entities include Interactive Brokers LLC plus UK, Ireland, Australia, Hong Kong, India, Japan and Singapore affiliates. Source |
| Negative balance protection | FP Markets states it offers Negative Balance Protection whereby the client cannot lose more than their balance; availability may depend on entity/account type. Source | No universal negative-balance-protection promise found for Interactive Brokers LLC; IBKR describes real-time margin requirements and protective liquidations to return accounts to margin compliance. Source |
| Investor compensation | Not disclosed in checked official FP Markets pages; potential protections may depend on regulated entity and jurisdiction. Source | Interactive Brokers LLC securities accounts are protected by SIPC up to $500,000, including $250,000 cash sublimit, plus excess SIPC coverage up to an additional $30 million per account with $900,000 cash sublimit, subject to $150 million aggregate; futures/options on futures are excluded. Regional schemes vary. Source |
| Restricted countries | Does not offer services to Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russian Federation, Somalia, Syria, Sudan, Yemen, United Kingdom, United States, FATF and EU/UN sanctions-list jurisdictions; page also states FP Markets does not onboard clients who are residents of India. Source | Official available-countries page lists countries/territories where applications are available rather than a concise restricted-country list. Treat unsupported/sanctioned-country restrictions as country/entity-dependent and requiring manual review. Source |
Costs & account conditions | ||
|---|---|---|
| Minimum deposit | US$100 or equivalent Source | USD 0 account minimum for IBKR Pro and IBKR Lite; broker accounts can require a USD 10,000 up-front deposit applied against commissions. Source |
| Spread from | From 0.0 pips on Raw accounts; Standard account from 1.0 pips. Source | Spot currency spreads advertised as narrow as 1/10 pip on Interactive Brokers Australia pricing overview; spreads vary by product/entity/market. Source |
| Commission | Standard: zero commission; Raw: US$3 per side per lot. Source | IBKR Lite offers $0 commissions on US stocks and ETFs; IBKR Pro uses fixed/tiered commissions and third-party/exchange/regulatory fees may apply by market/product. Source |
| Maximum leverage | Maximum leverage 1:500 on the South Asia/non-EU account-types page; leverage is jurisdiction- and client-class dependent. Source | Not expressed as a single max leverage figure; margin requirements are product-, account-, entity- and regulation-dependent and IBKR applies real-time risk margin. Source |
| Deposit fee | No deposit fees when using Skrill or Neteller; other funding terms/fees are method-dependent and subject to change. Source | Most standard bank/security deposit methods show no IBKR deposit fee in the extracted official fee table, but physical currency deposits incur a special handling fee of 1% of deposit amount, minimum $50; third-party/bank fees may apply. Source |
| Withdrawal fee | Not disclosed in checked extracted official sources; transaction-fees page indicates deposit/withdrawal terms are method-dependent and subject to change. Source | Two free withdrawal requests per calendar month; after the second withdrawal IBKR charges listed fees by currency/method (example USD: wire 10.00, check 4.00, ACH/EFT/SEPA 1.00). Source |
| Inactivity fee | Not disclosed in checked extracted official sources. Source | USD 0 inactivity fee for IBKR Pro and IBKR Lite account minimums page. Source |
Markets, platforms & payments | ||
|---|---|---|
| Tradable assets | Forex, shares/stock CFDs, metals, commodities, indices, bonds, ETFs and digital currencies; 10,000+ CFDs/instruments stated on official pages. Source | Stocks, ETFs, options, futures, spot currencies, bonds, mutual funds and cash-balance services, with availability varying by entity/country/account permission. Source |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Mobile App and Iress. Source | IBKR Desktop, Trader Workstation, IB Gateway, IBKR Mobile and web/client portal tools. Source |
| Account types | Standard, Raw, Islamic/swap-free option, and professional account subject to eligibility. Source | Supports individual and institutional accounts; official minimums page also distinguishes advisor, family office, hedge fund and broker account structures. Source |
| Deposit methods | Bank transfer, major credit/debit cards, digital currency wallets/cryptocurrencies, local funding methods, Skrill, Neteller and broker-to-broker transfers. Source | Wire transfer, check, direct bank transfer/ACH, SEPA/regional bank transfers where available, and securities transfer methods such as ACATS; physical cash deposits are against policy. Source |
| Withdrawal methods | Withdrawal methods are referenced on the official transaction-fees page, but a detailed withdrawal-method table was not available in extracted content. Source | Bank wire/transfer, checks and regional transfer rails such as BACS/GIRO/ACH/EFT/SEPA where available; securities transfer methods such as ACATS may also apply. Source |
| Withdrawal processing time | Not disclosed in checked extracted official sources. Source | Not captured as a single verified processing-time SLA; varies by withdrawal method, currency, region and receiving bank. Source |
BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.