easyMarkets vs Interactive Brokers, Who's The Best?
Read our In-Depth easyMarkets vs Interactive Brokers Review - Updated for 2024
This comprehensive analysis of easyMarkets and Interactive Brokers has been refreshed to reflect any changes for 2024 by seasoned professionals with years of financial experience across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs Interactive Brokers does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Interactive Brokers
Each platforms for online trading has a few pros and cons, and any comprehensive analysis of easyMarkets vs Interactive Brokers cannnot be complete without having an objective perspective.
Assess Interactive Brokers and easyMarkets in order to understand the way these platforms stack up with each before you decide to open an account. Conducting a side-by-side comparison can put things into perspective so that you're cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between easyMarkets or Interactive Brokers. Which one is best in 2024?
This easyMarkets vs Interactive Brokers comparison contains the most recent information so you can easily compare Interactive Brokers against easyMarkets.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you have to select the right broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. easyMarkets and Interactive Brokers are just two such companies which will take you and your investment to great heights. It is crucial to compare easyMarkets vs Interactive Brokers before you trust them with your cash.
Our easyMarkets vs Interactive Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Interactive Brokers side by side.
Our entire easyMarkets vs Interactive Brokers Review covers all you will need to learn about trading using either easyMarkets or Interactive Brokers. A good agent can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
easyMarkets and Interactive Brokers are both brokers which have found their way successfully to the broker world. Within this review, we've tried to collate some of the important facets of both easyMarkets and Interactive Brokers. This review can help you to understand whether either Interactive Brokers or easyMarkets is a fantastic fit for your own investments or not. We've attempted to breakdown all the features and charges for your advantage.
Benefits of easyMarkets and Interactive Brokers Compared
easyMarkets has a minimum deposit of $100 while Interactive Brokers offers a $1 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Interactive Brokers 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.
easyMarkets has around 200 financial instruments whilst Interactive Brokers allows you to trade around 200 on their platform.
The more financial instruments you can trade on the easyMarkets and Interactive Brokers 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 should never want to miss out on a trading opportunity due to the limitations of easyMarkets or Interactive Brokers.
easyMarkets and Interactive Brokers Contact Details
Being able to contact a broker through many ways is vital. easyMarkets and Interactive Brokers have the following contact details and social medias that you can use.
|+357 25 828 899
|+1 203 618 5800
|1 Griva Digheni, Limassol, Limassol 3035, CY
|One Pickwick Plz, Greenwich, Connecticut 06830, US
|easyMarkets Twitter Account
|Interactive Brokers Twitter Account
|easyMarkets Facebook Page
|Interactive Brokers Facebook Page
|easyMarkets Instagram Account
|Interactive Brokers Instagram Account
|easyMarkets LinkedIn Page
|Interactive Brokers LinkedIn Page
|easyMarkets YouTube Channel
|Interactive Brokers YouTube Channel
|Find Out More
Interactive Brokers and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing easyMarkets and Interactive Brokers will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs Interactive Brokers - Awards
easyMarkets have won a lot of industry awards over the time they have been running as an online trading platform. We list the most recognised awards for easyMarkets below.
Interactive Brokers have won numerous industry awards over the time they have been operating as an online broker. We list the most notable awards for Interactive Brokers here.
|Find Out More
easyMarkets vs Interactive Brokers - Frequently Asked Questions
easyMarkets vs Interactive Brokers - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Interactive Brokers was founded in 1977 and has its headquaters in United States.
What is the minimum deposit for Interactive Brokers or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Interactive Brokers is $1.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Interactive Brokers are a good choice.
easyMarkets vs Interactive Brokers - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
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)..
Both easyMarkets and Interactive Brokers have a powerful set of rules for ensuring honest trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs Interactive Brokers Commission And Fees
easyMarkets and Interactive Brokers are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the number of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three different types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither easyMarkets or Interactive Brokers charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
However, non-trading fees charged by easyMarkets and Interactive Brokers are relatively lower. Consequently, you're billed more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This easyMarkets vs Interactive Brokers review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And Interactive Brokers
What Languages Do easyMarkets And Interactive Brokers Support?
Being able to communicate completely with your online platform is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find the languages that both easyMarkets and Interactive Brokers support.
How Many Clients Do easyMarkets and Interactive Brokers Have?
Both easyMarkets and Interactive Brokers are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users easyMarkets and Interactive Brokers have
What Payment Methods Do easyMarkets and Interactive Brokers Accept?
easyMarkets and Interactive Brokers 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 easyMarkets and Interactive Brokers
What Can You Trade With easyMarkets and Interactive Brokers?
easyMarkets offers 200 trading instruments while Interactive Brokers offers 100.
Below you will find a full breakdown of what both easyMarkets and Interactive Brokers offer.
easyMarkets vs Interactive Brokers:
Table Of Contents
- Compare easyMarkets vs Interactive Brokers
- Benefits of easyMarkets and Interactive Brokers Compared
- Interactive Brokers and easyMarkets Mobile App Comparison
- easyMarkets vs Interactive Brokers - Awards
- easyMarkets vs Interactive Brokers - Frequently Asked Questions
- What is the minimum deposit for Interactive Brokers or easyMarkets
- easyMarkets vs Interactive Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Interactive Brokers
- What Languages Do easyMarkets And Interactive Brokers Support?
- How Many Clients Do easyMarkets and Interactive Brokers Have?
- What Payment Methods Do easyMarkets and Interactive Brokers Accept?
- What Can You Trade With easyMarkets and Interactive Brokers?