AMarketsvs
Interactive BrokersForex Broker Comparison
Two brokers clash on regulation, platform access, and cost, exposing a tension between global reach and familiar trading platforms.
Our Verdict
Interactive Brokers winsClear Winner
Interactive Brokers is the overall winner due to a higher editorial score and stronger regulation. AMarkets remains competitive with MT4/MT5 access and ECN pricing.
Interactive Brokers
4.6/5
AMarkets
3.8/5
Key Differences
- 1Instrument variety: AMarkets about 250 vs IB about 17,000.
- 2Regulatory status: IB regulated by multiple top-tier authorities; AMarkets uses SVG FSA.
- 3Trading platforms: IB lacks MT4/MT5; AMarkets supports MT4/MT5 and cTrader.
Who should choose AMarkets vs Interactive Brokers?
Find out which broker best suits your trader profile.
Choose AMarkets if…
Choose AMarkets if you want MT4/MT5 and cTrader access.
Choose Interactive Brokers if…
Choose Interactive Brokers if you seek broad instrument access and top-tier regulation.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
AMarkets offers tighter spreads from 0.00 pips vs 0.20 pips for Interactive Brokers, reducing trading costs.
Best for safety & regulation
Recommended
AMarkets vs Interactive Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.8 / 5▲ |
AMarkets vs Interactive Brokers Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs Interactive Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
AMarkets
criteria wins
5
Interactive Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | Interactive Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs Interactive Brokers: Frequently Asked Questions
Interactive Brokers rates 4.6/5 versus 3.8/5 for AMarkets. Interactive Brokers edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
AMarkets starts from 0 pips, tighter than Interactive Brokers's 0.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Interactive Brokers has no minimum deposit, while AMarkets requires at least $100. This makes Interactive Brokers more accessible for traders with limited starting capital.
Interactive Brokers holds top-tier regulation (FCA, ASIC, JFSA), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
Interactive Brokers stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while Interactive Brokers lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Interactive Brokers charges $2 per lot, lower than AMarkets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. AMarkets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
