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EC Markets vs Interactive Brokers
Broker Name
EC Markets
Interactive Brokers
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
Market maker
Years of Existence / Established Year
2011
1993
Customer Base / Number of Accounts
No information
3.12M
Regulation & Security
Regulations (governing bodies)
FSA,FCA, FSC
SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD
Awards Won (count for the last 2 years)
Best Trading Liquidity Award, Best Customer Awards
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
Security Measures
FSCS
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
150+
150 Markets including Forecast and event contracts, Spot currencies,US spot Gold, Hedge funds
Currency Pairs
Yes
Yes
Commodities
Yes
No
Indices
Yes
No
Cryptocurrencies
Yes
Yes
CFDs
No
No
ETFs
No
Yes
Stocks
No
Yes
Options
No
Yes
Futures
No
Yes
Bonds
No
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
No
IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT
Platform Compatibility (Windows, Mac, iOS, Android)
Yes except Mac
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard and ECN accounts
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
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$10
$0
Leverage Available
200:1 to 500:1
10:1 to 50:1
Trade Limit (maximum per trade)
Unlimited
EUR 5,000,000
Commission (per account type)
$0 for standard account, $5 per lot per side for ECN account
$0
Best Suited For (e.g., beginners, experienced traders)
Both beginners and experienced traders
Beginner to advanced traders
Deposit & Withdrawal Options
Deposit Methods
Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment,e-wallets
ACH transfer, Link a new bank account, Bank wire, Transfer from wise balance, Scan a check , Mail a check, SEPA
Withdrawal Methods
Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment, e-wallets
ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA
Other E-Wallets Supported
VN pay, PoLi.
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, MT4 Indicator Plugin
Traders' Academy (Online Courses), IBKR Webinars, Market Insights and Analysis, Trader's University (Video Tutorials), IBKR Quant Blog (Quantitative Trading), Customer Education (Trading Guides)
Fees & Commissions
Trading-Related Fees
Spread for Std account: Starts from 1.0 pip, Spread for ECN accounts: Starts from 0.0 pips
IBKR Lite: Commission-free U.S. stocks, ETFs, and specific mutual funds, IBKR Pro: $0.005 per share, minimum $1 per trade
Spread (typical, fixed, variable)
Variable
Fixed spread
Per Lot Fees
$5
NA
Options Contract Fees
NA
$0.65/contract
Futures Contract Fees
NA
$0.85
Markup Fees on Spread
NA
$1.50
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
500:1
50:1
Non-Trading Fees
Dormant Fees
NA
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
It depends up on the account type
Swap Fees (Overnight Financing)
Yes
over $10 million free
Statement or Document Fee
NA
NA
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
$0
Deposit Fee
$0
$0
Currency Conversion Fee
NA
$0.03
Withdrawal Fee
$0 bank fees may apply
$10 outgoing wire transfer fee
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by asset type
9:30 AM - 4:00 PM ET, Monday through Friday Overnight trading hours: 8:00 PM ET - 3:50 AM ET, Sunday through Friday
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/7
Customer Support Methods (phone, email, live chat)
Phone: +248 422 4099, E-mail: [email protected], Live chat
Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat
Support Languages
23
33
Additional Information
Headquarters Location
3rd Floor, 30 City Road, London, United Kingdom, EC1Y 2AY.
Greenwich, Connecticut
Complaints (for crypto brokers)
No
No
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