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Interactive Brokers
PepperstoneShare
60 of 60 rows shown
Interactive Brokers 4.4 / 5 66% of retail FX and CFD accounts lose money. | ||
|---|---|---|
| Overall Rating | 4.4 | 4.5 |
| Safety & Regulation | 4.2 | 4.4 |
| Fees & Costs | 4.6 | 4.6 |
| Markets & Products | 4.9 | 4.2 |
| Platforms & Execution | 4.8 | 4.9 |
| Deposit & Withdrawal | 3.1 | 4.7 |
| Trading Tools | 4.8 | 4.7 |
| Education | 4.8 | 3.8 |
| Customer Service | 3.7 | 4.8 |
| Account Opening | 4.5 | 4.8 |
| Established | 1977 | 2010 |
| Headquarters | One Pickwick Plaza, Greenwich, CT 06830 USA | Level 16, Tower One, 727 Collins Street
Melbourne, VIC, Australia 3008 |
| Broker Type | DMA | STP, ECN, DMA |
| Regulation | SECFINRACFTCNFAFCACBICIROASICMASSFC Hong KongDFSASEBIJFSA Best value for Regulation | ASICFCABaFinCySECDFSACMA UAECMA KenyaSCB |
| Segregated Client Funds | Yes | Yes |
| Negative Balance Protection | Varies | Varies |
| Banking License | No | No |
| Publicly Traded | Yes | No |
| Languages | English, Arabic, Dutch, French, German, Hebrew, Hungarian, Italian, Japanese, Portuguese, Russian, Spanish | Arabic, Chinese, English, French, German, Hindi, Italian, Indonesian, Korean, Russian, Mandarin, Polish, Portuguese, Spanish, Thai, Urdu Best value for Languages |
| Customer Support | Email, Phone, Live Chat | Email, Phone, Live Chat, WhatsApp |
| Customer Support Hours | 24/5, Monday to Friday | 24 hours on weekdays, 18 hours at weekends; live chat, phone, email and WhatsApp |
| Demo Account | Yes | Yes |
| Swap-Free Account | No | Varies |
| Joint Account | Yes | Yes |
| Corporate Account | Yes | Yes |
| Managed Account | Yes | Yes |
| PAMM / MAM Trading | Yes | Yes |
| Social / Copy Trading | No | Yes Best value for Social / Copy Trading |
| Minimum Deposit | $0 | $0 |
| Maximum Leverage | Spot forex up to 1:40, 1:50 for US clients, 1:20 for Hong Kong. Forex CFDs 1:30 for UK, EU and Australian retail clients | 1:30 (FCA, ASIC, CySEC, BaFin, DFSA retail), 1:200 (SCB Bahamas entity), 1:400 (CMA Kenya entity) |
| Payment Methods | Bank Transfer, Wise, Check | Bank Transfer, Credit/ Debit Card, Cryptocurrency, Apple Pay, Google Pay, PayPal, Skrill, Neteller, BPAY, PayID, UnionPay, AliPay Best value for Payment Methods |
| Account Currencies | AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, JPY, MXN, MYR, NOK, NZD, PLN, RON, SEK, SGD, TRY, USD, ZAR Best value for Account Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Bonuses | No | No |
| Contests | No | No |
| Markets & Products | Forex, CFDs, Stocks, ETFs, Crypto, Funds, Bonds, Options, Futures, Forecast Contracts Best value for Markets & Products | Forex, CFDs |
| Currency Pairs | 100+ FX Pairs. Major, Minor, and Exotic. | 90+ FX pairs |
| Minimum Lot Size | 0.25 | 0.01 Best value for Minimum Lot Size |
| Maximum Lot Size | 70 | 100 |
| Decimal Pricing | 5 decimals | 5 decimals |
| Order Types | Market, Limit, Stop, Stop Limit, Trailing Stop, Bracket, OCO, GTC, IOC, FOK, and 90+ more | Market, limit and stop loss orders. Day orders cancel at 22:00 GMT; good till cancelled orders stand until cancelled or accepted. Limit and stop loss orders are not guaranteed to fill at the level set. |
| Execution Type | Agency / SmartRouting, no dealing desk | ECN / STP, no dealing desk |
| Margin Call Level | None issued | 90% (MT4/MT5); 80% default on cTrader and TradingView (customisable: 150%, 100%, 80%) |
| Stop Out Level | Equity below maintenance margin | 50% (retail, all entities); 20% (Pepperstone Pro)differs by entity or account type |
| Hedging | Yes | Yes |
| Scalping | Yes | Yes |
| Spread Type | Variable | Variable |
| Spreads From | 0.1 pips | 0.0 pips (Razor Account, 0.1 average on EUR/USD),
1.0 pips (Standard Account, 1.1 average on EUR/USD) |
| Commission | 0.08 to 0.20 bps per trade size with a minimum of $2 (or equivalent) | Standard - $0 (1 pip markup on margin FX),
Razor MT4/MT5 - $7.00 round turn ($3.50 per side per standard lot; AUD 7.00 or GBP 4.50 on those base currencies),
Razor cTrader - $6.00 round turn ($3.00 per side per 100,000 base units, fixed),
Razor TradingView - $7.00 round turn (fixed per 100,000 base units),
Razor Pepperstone platform - $7.00 round turn ($3.50 per side per standard lot),
Share and ETF CFDs - 0.07% to 0.20% per side (both account types) |
| Overnight / Swap Fees | Yes | Yes |
| Deposit Fee | Varies | No Best value for Deposit Fee |
| Withdrawal Fee | Yes | Varies |
| Currency Conversion Fee | Yes | Yes |
| Account Maintenance Fee | No | No |
| Inactivity Fee | No | No |
| Custody Fee | No | No |
| Trading Platforms | Web, Mobile, Desktop, TradingView | Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader Best value for Trading Platforms |
| Mobile App | Yes | Yes |
| API Access | Yes | Yes |
| VPS Hosting | No | Varies |
| Automated Trading | Yes | Yes |
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