FOREX.com 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.

AttributeFOREX.comInteractive Brokers
Licence Score86Very strong83Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record78
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore LicensedLicensed
1 CIRO Canada LicensedLicensed
1 SFC Hong Kong —Licensed
1 CBI Ireland —Licensed
2 CySEC Cyprus Licensed—
Founded20011978
HeadquartersUnited StatesUnited States
TypeForex & CFD brokerMulti-asset broker
Publicly listedNASDAQ:SNEXNASDAQ:IBKR
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositUS$100No minimum
VisitVisit siteVisit site

Frequently asked questions

Is FOREX.com or Interactive Brokers better regulated?

FOREX.com has the higher Licence Score (86 vs 83), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and Interactive Brokers?

Both are matched to licences from ASIC, CFTC / NFA, CIRO, FCA, JFSA and MAS.

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.