Comparison IFC Markets vs Interactive Brokers

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs Interactive Brokers. Is IFC Markets or Interactive Brokers a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of IFC Markets on regular transactions of the stock exchange is from 0.1%, and Interactive Brokers has a commission fee of $0.005. Now, let’s compare commission fees in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, and the commission fee of Interactive Brokers is 0.20 basis points. For a more complete picture, let’s consider trading in the metal market, where IFC Markets and Interactive Brokers have commission fees of fixed spreads at 45 pips and 0.15 basis points, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are IFC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading, and Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. We can withdraw funds from IFC Markets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. And Interactive Brokers provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. The withdrawal time for IFC Markets is 1 - 5 business days, and that one for Interactive Brokers is 3-5 days.

As a result, the rating of IFC Markets is 4.8 stars versus that of Interactive Brokers of 4.1 stars.