Global Prime and Interactive Brokers face off in a crypto broker comparison, weighing regulation, asset selection, and pricing across platforms.
Interactive Brokers edges Global Prime on the editorial score, backed by real crypto ownership and broader multi-jurisdictional regulation.
Find out which crypto exchange best suits your trading profile.
Choose Global Prime if…
Choose Global Prime if you want ASIC regulation and institutional-style execution with a focus on crypto CFDs.
Choose Interactive Brokers if…
Choose Interactive Brokers if you want real crypto ownership, broader multi-jurisdictional regulation, and access to a proprietary platform.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Interactive Brokers wins for security due to multi-jurisdictional regulation including SEC, FINRA, FCA, and ASIC.
| Criteria | ||
|---|---|---|
| Editorial score | 3.7/ 5 | 4.0/ 5 |
| Min Deposit | $200 | No minimum▼ lower |
| Spreads From | 0 pips▼ lower | 0.2 pips |
| Taker Fee | 7.00% | 2.00%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Global Prime | Interactive Brokers |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Fail | Pass |
The scores are close: Global Prime rates 3.7/5 and Interactive Brokers rates 4/5. Interactive Brokers has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Global Prime lists a lower spread from 0, compared with Interactive Brokers's 0.2. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Interactive Brokers has no minimum deposit, while Global Prime requires at least $200. This makes Interactive Brokers more accessible for traders looking to start with a smaller crypto investment.
Both Global Prime and Interactive Brokers hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Interactive Brokers has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Global Prime offers up to 2:1 on perpetual or margin products, versus Interactive Brokers's 1:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Interactive Brokers charges $2 per trade, lower than Global Prime's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Global Prime supports cTrader, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. Global Prime has exclusive access to cTrader and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
Interactive Brokers offers transparent commissions; Global Prime’s fee details are less explicit.
Interactive Brokers lists more coins with 9 versus Global Prime's 4.
Interactive Brokers offers a $0 minimum deposit, aiding beginner access.
Equally matched on DeFi and Web3 offerings.
| 0.7 pips |
| 0.4 pips▼ lower |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrill | Bank transferACH |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferACH |
|---|
| Withdrawal Fee | Free | First withdrawal/month free |
|---|
| Regulators | ASIC VFSC | IIROC DFSA FCA JFSA CNB CMVM CNV ASIC AMF SEC MFSA SFC SEBI CBI CMF NFA FSC FINRA |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
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Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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