easyMarkets vs Interactive Brokers Forex Broker Comparison
A head-to-head comparison of easyMarkets and Interactive Brokers across regulation, trading costs, platforms, and editorial scoring.
Score 3.9 / 5
2 bonusesFixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
VS
Score 4.6 / 5
2 bonusesListed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
Our Verdict
Interactive Brokers winsClear Winner
Interactive Brokers comes out ahead with an editorial score of 4.6/5 compared to easyMarkets's 3.9/5.
Interactive Brokers
4.6/5
easyMarkets
3.9/5
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
Interactive Brokers offers tighter spreads from 0.2 pips vs 0.7 pips for easyMarkets, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
Recommended
Interactive Brokers has a cost edge: raw/ECN spreads, tighter spreads from 0.2 pips.
Best for platform choice
Recommended
easyMarkets offers more exclusive platform options: MetaTrader 4, MetaTrader 5, a proprietary platform.
Best for beginners
Recommended
Interactive Brokers edges out easyMarkets with a higher editorial score (4.6/5 vs 3.9/5), indicating a stronger overall experience for new traders.
easyMarkets vs Interactive Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.8 / 5▲ |
Fees & Spreads 30% weight | 3.8 / 5 | 4.6 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.6 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2001 | 1978 |
| Headquarters | Limassol, Cyprus | Greenwich, United States |
| Min deposit | $25 | No minimum |
| Spreads from | 0.7 pips | 0.2 pips |
| Commission / lot | N/A | $2/lot |
| Max leverage | 400:1 | 50:1 |
| Withdrawal fee | Free | First withdrawal/month free |
| Regulators | ASIC CySEC CNV MNB HCMC | SEC FCA CMF ASIC JFSA SEBI AMF SFC FINRA DFSA CMVM NFA IIROC CNV FSC CBI CNB MFSA |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | Proprietary Web/Mobile Trader Workstation (TWS) |
| Active bonuses | ||
| Visit broker | Visit easyMarkets | Visit Interactive Brokers |
easyMarkets vs Interactive Brokers Forex Broker Pros & Cons
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Available to US residents
Lowest margin rates in industry
150+ global markets
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer support
Cons
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
Limited charting capabilities
Cons
Steeper learning curve on TWS
No MT4 / MT5
No MetaTrader support
No 24/5 live chat
easyMarkets vs Interactive Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
easyMarkets
criteria wins
2
Interactive Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | easyMarkets | Interactive Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | 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 |
easyMarkets vs Interactive Brokers: Frequently Asked Questions
Based on our independent editorial scoring, Interactive Brokers ranks higher with a score of 4.6/5 vs 3.9/5 for easyMarkets. The best choice still depends on your individual trading needs; easyMarkets and Interactive Brokers may each suit different trader profiles.
Interactive Brokers offers tighter spreads starting from 0.2 pips, compared to easyMarkets's spreads from 0.7 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Interactive Brokers has a lower minimum deposit of no minimum required, while easyMarkets requires at least $25. This makes Interactive Brokers more accessible for traders with limited starting capital.
Both easyMarkets and Interactive Brokers hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Interactive Brokers has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
easyMarkets offers maximum leverage of 400:1, while Interactive Brokers offers up to 50:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Interactive Brokers charges $2 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
easyMarkets supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Interactive Brokers offers Proprietary Web/Mobile, Trader Workstation (TWS); both support Proprietary Web/Mobile; easyMarkets exclusively offers MetaTrader 4, MetaTrader 5; Interactive Brokers exclusively offers Trader Workstation (TWS).
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Score 3.9 / 5
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