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Interactive Brokers vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Interactive Brokers

Interactive Brokers

VS
Global Prime

Global Prime

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker broker

Years of Existence / Established Year

1993

2010

Customer Base / Number of Accounts

3.12M

No information


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Regulation & Security

Regulations (governing bodies)

SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD

ASIC and VFSC

Awards Won (count for the last 2 years)

Best Online Broker for Advanced Traders in 2024, Professional Trading 2024, #1 Best Online Broker in 2023, Best for Advanced Traders, Best Online Broker in 2024, Best Stock Broker for International Trading

No major awards listed

Security Measures

SIPC

No compensation scheme

SSL Encryption / 2FA

Yes

No

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150 Markets including Forecast and event contracts, Spot currencies,US spot Gold, Hedge funds

150+ Financial assets

Currency Pairs

Yes

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual, Joint, Trust, IRA and UGMA/UTMA Accounts, Non-Professional Advisor Accounts, Family Office Accounts, Small Business Accounts, Advisor Accounts, Money Manager Accounts, Broker & FCM Accounts, Proprietary Trading Group Accounts, Hedge Fund & Mutual Fund Accounts, Compliance Officers, Administrators, Institutional Hedge Fund Investors

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$0

Leverage Available

10:1 to 50:1

1:5 to 1:500

Trade Limit (maximum per trade)

EUR 5,000,000

1000 lots

Commission (per account type)

$0

Standard: $0, Raw account: $3.5 per lot

Best Suited For (e.g., beginners, experienced traders)

Beginner to advanced traders

Beginner traders


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Deposit & Withdrawal Options

Deposit Methods

ACH transfer, Link a new bank account, Bank wire, Transfer from wise balance, Scan a check , Mail a check, SEPA

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

No

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Traders' Academy (Online Courses), IBKR Webinars, Market Insights and Analysis, Trader's University (Video Tutorials), IBKR Quant Blog (Quantitative Trading), Customer Education (Trading Guides)

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


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Fees & Commissions

Trading-Related Fees

IBKR Lite: Commission-free U.S. stocks, ETFs, and specific mutual funds, IBKR Pro: $0.005 per share, minimum $1 per trade

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

Fixed spread

Variable

Per Lot Fees

NA

$3.50

Options Contract Fees

$0.65/contract

NA

Futures Contract Fees

$0.85

NA

Markup Fees on Spread

$1.50

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

50:1

1:500


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

It depends up on the account type

NA

Swap Fees (Overnight Financing)

over $10 million free

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$0.03

$20-$30

Withdrawal Fee

$10 outgoing wire transfer fee

International bank transfer: $20-$30


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

9:30 AM - 4:00 PM ET, Monday through Friday Overnight trading hours: 8:00 PM ET - 3:50 AM ET, Sunday through Friday

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

33

14+


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Additional Information

Headquarters Location

Greenwich, Connecticut

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both Interactive Brokers and Global Prime offer affordable fee structures, but Interactive Brokers generally edges out with no inactivity fees and lower commissions on standard trades, whereas Global Prime shines with bundled research and platform access.
The account creation flow at Interactive Brokers is modern and app-driven, making it seamless for new users. Global Prime, however, leans toward traditional processes with forms and verifications that take more time.
If you're trading on-the-go, Interactive Brokers mobile platform is fluid and intuitive. Global Prime desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Interactive Brokers is geared toward frequent trading and analytics, while Global Prime fits those who value simplicity and guided experiences.