eToro vs Interactive Brokers: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeeToroInteractive Brokers
Licence Score74Strong83Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record48
1 FCA United Kingdom Licensed · FRN 583263Licensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 CIRO Canada —Licensed
1 SFC Hong Kong —Licensed
1 CBI Ireland —Licensed
2 CySEC Cyprus Licensed—
4 FSA (Seychelles) Seychelles Licensed—
Founded20071978
HeadquartersIsraelUnited States
TypeMulti-asset brokerMulti-asset broker
Publicly listedNASDAQ:ETORNASDAQ:IBKR
PlatformsProprietaryProprietary
Minimum depositUS$50No minimum
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Frequently asked questions

Is eToro or Interactive Brokers better regulated?

Interactive Brokers has the higher Licence Score (83 vs 74), based on the number and tier of licences, operating history and public listing.

Which regulators license both eToro and Interactive Brokers?

Both are matched to licences from ASIC and FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.