Interactive Brokers vs fx next, Who's The Best?
Read our In-Depth Interactive Brokers vs fx next Review - for 2025
This comprehensive analysis of Interactive Brokers and fx next has been revised to reflect any changes for 2025 from industry experts with significant financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Interactive Brokers vs fx next does not apply to all countries as follows:
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
fx next Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Interactive Brokers vs fx next
Each trading platforms feature certain pros and cons, and a complete analysis of Interactive Brokers vs fx next should not be regarded as thorough without adopting an objective perspective.
Compare Interactive Brokers and fx next to get a better understanding of just how they line up against one another prior to you open an account. Performing a comprehensive comparison helps to put things in perspective in order that you're aware of what to expect.
So you are looking for a broker and are choosing between Interactive Brokers or fx next. Which one is best in 2025?
Our Interactive Brokers vs fx next comparison contains the most recent information so you can easily compare fx next against Interactive Brokers.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of brokerage as you continue trading. For starters, you need to choose the ideal agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Interactive Brokers and fx next are two such companies which will take you along with your investment into great heights. It is crucial to compare Interactive Brokers vs fx next until you trust them with your money.
Our Interactive Brokers vs fx next comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and fx next side by side.
Our full Interactive Brokers vs fx next Review covers everything you will need to learn about trading with either Interactive Brokers or fx next. A fantastic broker can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
Interactive Brokers and fx next are both brokers that have paved their way successfully to the broker world. Within this review, we have attempted to collate a number of the vital facets of both Interactive Brokers and fx next. This review will allow you to know whether either fx next or Interactive Brokers is a fantastic fit for your own investments or not. We've attempted to breakdown all the qualities and fees for your advantage.
Benefits of Interactive Brokers and fx next Compared
Interactive Brokers has a minimum deposit of $1 while fx next has a $250 minimum deposit.
Why smaller minimum deposits are good and how Interactive Brokers and fx next compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Interactive Brokers has around 100 financial instruments whilst fx next allows you to trade around 100 financial instruments on their platform.
The more instruments you can trade on the Interactive Brokers and fx next platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Interactive Brokers or fx next.
Interactive Brokers and fx next Contact Details
Being able to contact a broker easily is important. Interactive Brokers and fx next have the following contact details and social medias that you can use.
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Broker | Interactive Brokers | fx next |
Telephone Number | +1 203 618 5800 | |
support@interactivebrokers.com | ||
Address | One Pickwick Plz, Greenwich, Connecticut 06830, US | |
Interactive Brokers Twitter Account | fx next Twitter Account | |
Interactive Brokers Facebook Page | fx next Facebook Page | |
Interactive Brokers Instagram Account | fx next Instagram Account | |
Interactive Brokers LinkedIn Page | fx next LinkedIn Page | |
YouTube | Interactive Brokers YouTube Channel | fx next YouTube Channel |
Find Out More |
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fx next and Interactive Brokers Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Interactive Brokers and fx next we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Interactive Brokers vs fx next - Awards
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Broker | Interactive Brokers | fx next |
Awards |
Interactive Brokers have won numerous industry awards over the years they have been operating as an online trading platform. We list the most notable awards for Interactive Brokers below.
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At the time of writing this fx next review, and despite fx next’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Interactive Brokers vs fx next - Frequently Asked Questions
Interactive Brokers vs fx next - Headquarters And Year Of Founding
Interactive Brokers was founded in 1977 and has its headquaters in United States.
fx next was founded in 2018 and has its headquaters in Dubai.
What is the minimum deposit for fx next or Interactive Brokers
The minimum deposit for Interactive Brokers is $1.
The minimum deposit for fx next is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Interactive Brokers and fx next are a good option.
Interactive Brokers vs fx next - Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
fx next is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F237.
Both Interactive Brokers and fx next have a powerful set of rules for ensuring fair trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Interactive Brokers vs fx next Commission And Fees
Interactive Brokers and fx next are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are people that are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither Interactive Brokers or fx next charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often trade, for example weekly or daily trading.
But, non-trading fees billed by Interactive Brokers and fx next are relatively lower. Consequently, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This Interactive Brokers vs fx next review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For Interactive Brokers And fx next
What Languages Do Interactive Brokers And fx next Support?
Being able to chat completely with your trading platform is a key way of comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find the languages that both Interactive Brokers and fx next support.
How Many Clients Do Interactive Brokers and fx next Have?
Both Interactive Brokers and fx next are well established with their client base. It is really important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients Interactive Brokers and fx next have
What Payment Methods Do Interactive Brokers and fx next Accept?
Interactive Brokers and fx next both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Interactive Brokers and fx next
What Can You Trade With Interactive Brokers and fx next?
Interactive Brokers offers 100 trading instruments while fx next offers 120.
Below you will find a full breakdown of what both Interactive Brokers and fx next offer.
Interactive Brokers Review
Interactive Brokers vs fx next:
Table Of Contents
- Compare Interactive Brokers vs fx next
- Benefits of Interactive Brokers and fx next Compared
- fx next and Interactive Brokers Mobile App Comparison
- Interactive Brokers vs fx next - Awards
- Interactive Brokers vs fx next - Frequently Asked Questions
- What is the minimum deposit for fx next or Interactive Brokers
- Interactive Brokers vs fx next - Regulation And Licencing In More Detail
- Compare Broker Fees For Interactive Brokers And fx next
- What Languages Do Interactive Brokers And fx next Support?
- How Many Clients Do Interactive Brokers and fx next Have?
- What Payment Methods Do Interactive Brokers and fx next Accept?
- What Can You Trade With Interactive Brokers and fx next?