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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 | ||
87 |
91 |
| Trust score | 100 | 94 |
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| Cost score | 71 | 88 |
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| Platform score | 94 | 93 |
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| Withdrawal score | 83 | 80 |
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| Best for | Needs verification | 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 | CFTC/NFA, FCA, KNF/PFSA, MAS, CIRO, ASIC, Japan FSA, BVI FSC. 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 | Selected disclosed registration/license numbers: NFA 0325821; FCA 542574; ASIC AFSL 412981; MAS company registration 200704926K/CMS licence; OANDA TMS authorization of April 26, 2004 (KPWiG-4021-54-1/2004). 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 | OANDA Corporation; OANDA Europe Limited; OANDA TMS Brokers S.A.; OANDA Asia Pacific Pte Ltd; OANDA (Canada) Corporation ULC; OANDA Australia Pty Ltd; OANDA Japan Inc; OANDA Global Markets Ltd. Source | Major regulated entities include Interactive Brokers LLC plus UK, Ireland, Australia, Hong Kong, India, Japan and Singapore affiliates. Source |
| Negative balance protection | Jurisdiction-dependent; verified for Canada/EU, not verified as general US trading protection. 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 | Entity-dependent investor compensation/protection; US forex accounts not SIPC protected; Canada CIPF protection disclosed. 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 | OANDA discloses that it does not accept clients from some countries and that distribution/use may be restricted by local law, but a complete official restricted-country list was not found in the checked sources. 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 official funding page states no minimum for ACH and no minimum or maximum for wire transfer; debit card has a $20,000 monthly maximum. Australia says standard/raw accounts require no minimum initial deposit. Global Markets account verification is not needed below US$9,000, but Premium eligibility starts at USD 10,000 deposit or volume criteria. 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 | US spread-only pricing table lists EUR/USD at 1.4, USD/JPY at 1.4, etc.; non-US CFD accounts disclose lower from-spreads depending on entity/account. 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 | Commission varies by jurisdiction/account/pricing plan; do not collapse into a single fee. 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 is jurisdiction/instrument dependent; US maximum in checked examples is 50:1 on certain major FX pairs. 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 | Deposit fees vary by method/entity; ACH no OANDA fee verified; bank/intermediary wire fees may apply. 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 | Withdrawal fees are method/account/entity dependent; debit card no-fee verified for US, bank transfer may have fees. 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 | US current charges page says 20 USD/month after 12 months inactivity; page content has variation in older/global FAQ text, so review before publication. Source | USD 0 inactivity fee for IBKR Pro and IBKR Lite account minimums page. Source |
Markets, platforms & payments | ||
|---|---|---|
| Tradable assets | OANDA product set is jurisdiction-dependent: US forex and crypto via Paxos; non-US OANDA entities offer CFDs across forex, indices, metals, shares, commodities, cryptocurrencies and (Australia) bonds CFDs. 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 | US offers OANDA Web, OANDA Mobile, TradingView, MT4, and OANDA Paxos Mobile for crypto. Australia also lists MT5 and OANDA API; BVI account comparison lists MT5, fxTrade, TradingView. Source | IBKR Desktop, Trader Workstation, IB Gateway, IBKR Mobile and web/client portal tools. Source |
| Account types | US: Standard account and Elite Trader loyalty program, plus corporate/demo onboarding. Australia: standard and raw accounts. BVI Global Markets: Standard, Premium, Premium Plus. Source | Supports individual and institutional accounts; official minimums page also distinguishes advisor, family office, hedge fund and broker account structures. Source |
| Deposit methods | Funding methods vary by entity; US verified debit card, wire and ACH. 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 | US withdrawals use same method as deposit and are subject to a hierarchy rule; debit card and bank wire are specifically described. 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 | US withdrawal processing times: debit card up to 3 business days; domestic bank wire 1-2 business days; international up to 5 business days. 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.