easyMarkets vs Interactive Brokers, Updated for 2024

Compare easyMarkets vs Interactive Brokers

Each online trading platforms has a few advantages and disadvantages, and any comprehensive analysis of easyMarkets vs Interactive Brokers cannnot be complete without adopting an objective perspective.

Examine Interactive Brokers and easyMarkets to get a better understanding of just how they compare with one another before you make an account. A side-by-side comparison can put things into perspective in order that you're cognizant of what to expect.

So you are looking for a reputable broker and are choosing between easyMarkets or Interactive Brokers. Who is better in 2024?

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 brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will get proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who will be clear with you always.

Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and Interactive Brokers are just two such trading platforms that will take you along with your investment into great heights. It's important to 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 entire easyMarkets vs Interactive Brokers Review covers all you need to know about trading with either easyMarkets or Interactive Brokers. A good broker can multiply your first investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.

easyMarkets and Interactive Brokers are both brokers which have found their way successfully into the brokerage world. In this review, we've attempted to collate some of the important facets of both easyMarkets and Interactive Brokers. This review can allow you to understand whether either Interactive Brokers or easyMarkets is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and fees for your convenience.

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 while Interactive Brokers has around 200 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 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 your broker through many ways is important. 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.

We rate overall the user-friendliness of both apps as Better than the 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. 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 headquaters 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 circumstances, 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 set of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, client information is to not 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 brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the amount of clients they have.

But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of penalties for this purpose.

The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you hold a leveraged position for more than daily.

Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They're billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.

In general, neither easyMarkets or Interactive Brokers charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, such as weekly or daily trading.

But, non-trading fees billed by easyMarkets and Interactive Brokers are comparatively greater. As a result, you are charged more for non-trading activities in your trading account, such as 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 relevant 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 completely with your online broker is a key way of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading online.

Below 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 established with their client base. It is really important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.

Below you will find details of how many users 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 whilst Interactive Brokers offers 100.

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