easyMarkets vs Interactive Brokers, 2024 Update

Compare easyMarkets vs Interactive Brokers

Each trading platforms will have some advantages and disadvantages, and a complete review of easyMarkets and Interactive Brokers cannnot be complete without embracing a fair assessment.

Examine Interactive Brokers and easyMarkets in order to understand just how these platforms compare with each before you decide to create an account. A comparative analysis helps to place factors in perspective in order that you are informed about the expectations.

So you are looking for a reputable broker and are choosing between easyMarkets or Interactive Brokers. Who should you choose?

This easyMarkets vs Interactive Brokers comparison contains the latest information so you can easily compare Interactive Brokers against easyMarkets.

If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who will be clear with you constantly.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. easyMarkets and Interactive Brokers are just two such stages that will take you and your investment into great heights. It is important that you compare easyMarkets vs Interactive Brokers until you trust them with your money.

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 full easyMarkets vs Interactive Brokers Review covers everything you need to learn about trading using either easyMarkets or Interactive Brokers. A good broker can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing goals.

There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your broker before you select them. It is a common misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can put your investments in danger.

easyMarkets and Interactive Brokers are both brokers that have forged their way successfully into the brokerage world. Within this review, we have attempted to collate a number of the important facets of both easyMarkets and Interactive Brokers. This review will help you to understand whether either Interactive Brokers or easyMarkets is a fantastic fit for your investments or not. We've tried to breakdown all the features and fees for your convenience.

Benefits of easyMarkets and Interactive Brokers Compared

easyMarkets offers a minimum deposit of $100 while Interactive Brokers has 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 while Interactive Brokers has around 200 financial instruments on their platform.

The more 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 seriously do not 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 your broker through many ways is a sign of a professional broker. easyMarkets and Interactive Brokers have the following contact details and social medias that you can use.

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.

Overall, we rate the user-friendliness of both apps as better than average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?

easyMarkets vs Interactive Brokers - Awards

easyMarkets vs Interactive Brokers - Frequently Asked Questions

easyMarkets vs Interactive Brokers - Headquarters And Year Of Founding

easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.

Interactive Brokers was founded in 1977 and has its head office 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 needs, 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 strong collection of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare easyMarkets vs Interactive Brokers Commission And Fees

easyMarkets and Interactive Brokers are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily influenced by the amount of clients they have.

However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this objective.

The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for more than daily.

Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They are charged for operations like depositing money, not trading for long periods, or withdrawals.

In general, neither easyMarkets or Interactive Brokers charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.

But, non-trading fees charged by easyMarkets and Interactive Brokers are relatively competitive. Consequently, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of resources.

This easyMarkets vs Interactive Brokers review for 2024 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For easyMarkets And Interactive Brokers

What Languages Do easyMarkets And Interactive Brokers Support?

Being able to chat easily with your online broker is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.

Here you will 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 known and trusted. It is really important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many customers easyMarkets and Interactive Brokers are active on their platform

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 and Interactive Brokers offers 100.

Below you will find a full breakdown of what both easyMarkets and Interactive Brokers offer.