FXCM vs Interactive Brokers: Broker Comparison 2026
FXCM vs Interactive Brokers — Quick Answer
Looking for a quick comparison between FXCM and Interactive Brokers? Both brokers have similar safety profiles on ScamFreeFX. Interactive Brokers offers tighter spreads (from 0.1 pips vs 0.2 pips).
FXCM vs Interactive Brokers Overview
FXCM and Interactive Brokers are both popular forex and CFD brokers. FXCM was established in 1999 in United States, while Interactive Brokers was established in 1977 in USA.
In terms of regulation, FXCM is not currently listed as regulated, while Interactive Brokers is not currently listed as regulated. Safety scores: FXCM 100/100, Interactive Brokers 100/100.
Side-by-Side Comparison
| Feature | FXCM | Interactive Brokers |
|---|---|---|
| Rating | N/A/5 | 0.0/5 |
| Safety Score | 100/100 | 100/100 |
| Regulator | N/A | N/A |
| Min. Deposit | $50 | $0 |
| Max Leverage | 1:30 | 1:50 |
| Spreads From | 0.2 pips | 0.1 pips |
| Platforms | MT4, Trading Station, TradingView Pro | Trader Workstation (TWS), Client Portal, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR ForecastTrader, IMPACT App |
| Broker Model | Hybrid | A-book |
| Established | 1999 | 1977 |
| Location | United States | USA |
Fees and Costs: FXCM vs Interactive Brokers
FXCM offers spreads starting from 0.2 pips, while Interactive Brokers starts from 0.1 pips. This makes Interactive Brokers the more cost-effective option for spread-sensitive traders.
Minimum deposit requirements: FXCM requires $50, while Interactive Brokers requires $0. Interactive Brokers is more accessible for traders with smaller budgets.
Is FXCM Safer Than Interactive Brokers?
Safety is a critical factor when choosing a forex broker. Neither broker has verified regulation listed on ScamFreeFX. Exercise extreme caution.
Our safety analysis gives FXCM a score of 100/100 and Interactive Brokers a score of 100/100. Both brokers score well on our safety assessment.
Trading Conditions Compared
Leverage is up to 1:30 at FXCM and 1:50 at Interactive Brokers. Leverage limits may vary by regulatory jurisdiction.
FXCM supports MT4, Trading Station, TradingView Pro, while Interactive Brokers offers Trader Workstation (TWS), Client Portal, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR ForecastTrader, IMPACT App.
Tradeable instruments: FXCM offers FX, Futures, Commodities, Indices, Crypto. Interactive Brokers offers Forex (100+ pairs), Stocks (global), Options, Futures, Bonds and more.
Which Broker Is Right for You?
The best choice between FXCM and Interactive Brokers depends on your trading style, preferred instruments, and regulatory requirements.
- Choose FXCM if you want a low barrier to entry ($50 minimum deposit).
- Choose Interactive Brokers if you want a low barrier to entry ($0 minimum deposit).
- Choose Interactive Brokers if tight spreads are your priority (0.1 pips).
Read the full reviews below to make an informed decision, or use our Trust Scanner to run your own analysis.
Read Full Reviews
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