FP Markets 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.

AttributeFP MarketsInteractive Brokers
Licence Score69Strong83Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record68
1 FCA United Kingdom —Licensed
1 ASIC Australia Licensed · AFSL 286354Licensed
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 · Licence 371/18—
2 FSCA South Africa Licensed · FSP 50926—
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya Licensed—
4 FSA (Seychelles) Seychelles Licensed—
Founded20051978
HeadquartersAustraliaUnited States
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNASDAQ:IBKR
PlatformsMT4, MT5, cTrader, TradingViewProprietary
Minimum depositUS$100No minimum
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Frequently asked questions

Is FP Markets or Interactive Brokers better regulated?

Interactive Brokers has the higher Licence Score (83 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both FP Markets and Interactive Brokers?

Both are matched to licences from ASIC.

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.