Interactive Brokers vs PayPay Securities: 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.

AttributeInteractive BrokersPayPay Securities
Licence Score83Very strong56Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record81
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada Licensed—
1 SFC Hong Kong Licensed—
1 CBI Ireland Licensed—
Founded19782013
HeadquartersUnited StatesJapan
TypeMulti-asset brokerMulti-asset broker
Publicly listedNASDAQ:IBKRNo
PlatformsProprietaryProprietary
Minimum depositNo minimum—
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Frequently asked questions

Is Interactive Brokers or PayPay Securities better regulated?

Interactive Brokers has the higher Licence Score (83 vs 56), based on the number and tier of licences, operating history and public listing.

Which regulators license both Interactive Brokers and PayPay Securities?

Both are matched to licences from JFSA.

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.