Independent forex broker comparison·Data checked Trading is risky. Most retail CFD accounts lose money.
EUR/USD typical

Head-to-head · 2026

Interactive Brokers vs FOREX.com

Interactive Brokers edges it overall with 4.7 versus 4.5, winning 4 of six categories. Interactive Brokers is cheaper to trade: its lowest-cost account works out at about $5.0 per round-turn lot of EUR/USD versus $7.0 at FOREX.com.

Higher score

Interactive Brokers

Professional and multi-asset traders

4.7/5

Visit Interactive BrokersFull review

FOREX.com

US traders who want MT4/MT5 and strong research

4.5/5

Visit FOREX.comFull review
FeatureInteractive BrokersFOREX.com
Overall score4.74.5
EUR/USD standard spreadNo spread-only account1.4 pips
Raw account0.1 + $40.0 + $7
Cheapest cost per lot$5.0$7.0
Minimum deposit$0$100
Tier-1 regulatorsSEC, FINRA, CFTC, FCA, CBI, ASIC, CIRO, MASCFTC, NFA, FCA, CIRO, ASIC
All regulatorsSEC, FINRA, CFTC, NFA, FCA, CBI, ASIC, CIRO, MAS, SFCCFTC, NFA, FCA, CIRO, ASIC, CySEC, JFSA
Founded19782001
Currency pairs100+80+
Max leverage1:50 majors (US)1:50 majors (US)
PlatformsTrader Workstation, IBKR Desktop, IBKR Mobile, Client Portal, APIFOREX.com Web, FOREX.com App, MT4, MT5, TradingView, NinjaTrader
Copy tradingNoNo
Swap-free accountsNoNo
US clientsYesYes

Highlighted cells mark the better value where one is clearly better. Data checked October 2026.

Category by category

Trust & regulation5.04.8
Fees & spreads4.84.0
Platforms & tools4.54.8
Markets & range5.04.0
Ease of use3.24.4
Research & education4.74.6
Interactive BrokersFOREX.com

Costs: Interactive Brokers vs FOREX.com

Interactive Brokers is cheaper to trade: its lowest-cost account works out at about $5.0 per round-turn lot of EUR/USD versus $7.0 at FOREX.com. Interactive Brokers has no commission-free account; it charges a commission on interbank spreads. On its standard, commission-free account FOREX.com quotes around 1.4 pips on EUR/USD. Both offer raw-spread pricing: Interactive Brokers at $4 and FOREX.com at $7 per round-turn lot.

Regulation and safety

Interactive Brokers is regulated by SEC, FINRA, CFTC, NFA, FCA, CBI, ASIC, CIRO, MAS, SFC. FOREX.com is regulated by CFTC, NFA, FCA, CIRO, ASIC, CySEC, JFSA. Interactive Brokers scores higher for trust in our methodology. Both are available in United States, United Kingdom, European Union, Canada, Australia and Most other countries. Only Interactive Brokers serves India.

Platforms

They share no common platforms. Interactive Brokers offers Trader Workstation, IBKR Desktop, IBKR Mobile, Client Portal, API; FOREX.com offers FOREX.com Web, FOREX.com App, MT4, MT5, TradingView, NinjaTrader.

Which should you choose?

Choose Interactive Brokers if…

  • interbank spreads with very low commissions
  • trade forex alongside stocks, futures, options and bonds
  • s&P 500 listed with the strongest regulatory profile

Choose FOREX.com if…

  • owned by StoneX, a NASDAQ-listed financial services group
  • wide platform choice including MT5 and TradingView
  • rAW pricing account for active traders

Frequently asked questions

Is Interactive Brokers better than FOREX.com?

Interactive Brokers edges it overall with 4.7 versus 4.5, winning 4 of six categories. Interactive Brokers is cheaper to trade: its lowest-cost account works out at about $5.0 per round-turn lot of EUR/USD versus $7.0 at FOREX.com.

Which is safer, Interactive Brokers or FOREX.com?

Interactive Brokers scores higher for trust (5.0 vs 4.8), with tier-1 regulation from SEC, FINRA, CFTC, FCA, CBI, ASIC, CIRO, MAS.

Which has the lower minimum deposit?

Interactive Brokers has the lower minimum at $0, compared with $100.

Do Interactive Brokers and FOREX.com both offer MetaTrader?

Interactive Brokers: no MetaTrader. FOREX.com: MT4, MT5.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.