Select Your Brokers to Compare
EToro vs Interactive Brokers
Broker Name
EToro
Interactive Brokers
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
Market maker
Years of Existence / Established Year
2007
1993
Customer Base / Number of Accounts
20 Million
3.12M
Regulation & Security
Regulations (governing bodies)
FCA, CySEC, MFSA, ADGM, ASIC, FSA, FINRA, SEC
SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD
Awards Won (count for the last 2 years)
Best Cryptocurrency Platforms by Good Money guide 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
AML, ICF
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)
5545+ stocks
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
Yes
No
ETFs
Yes
Yes
Stocks
Yes
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
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Web trading and Mobile trading apps
IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Professional, Retail or Personal account, Corporate account
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)
Yes
Yes
Minimum Deposit
$50.00
$0
Leverage Available
1:2 to 1:30
10:1 to 50:1
Trade Limit (maximum per trade)
Depends on the assets class
EUR 5,000,000
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners
Beginner to advanced traders
Deposit & Withdrawal Options
Deposit Methods
Debit card, Online banking, Wire transfer, e-Wallets
ACH transfer, Link a new bank account, Bank wire, Transfer from wise balance, Scan a check , Mail a check, SEPA
Withdrawal Methods
Debit card, Online banking, Wire transfer, e-Wallets
ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA
Other E-Wallets Supported
PayPal
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
eToro Guides and eBooks, Crypto and Trading Courses, Trading Academy, Market News and Analysis, Webinars
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
Stocks- $1 or $2, Commission- $0, ETFs-$0, Spread-0, Crypto-2% of the transaction size; Minimum: $1 to Maximum: $100, CFD(Stocks and EFTs)- 0.15%, Crypto CFDs: 1%
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)
Fixed
Fixed spread
Per Lot Fees
NA
NA
Options Contract Fees
$0
$0.65/contract
Futures Contract Fees
$0
$0.85
Markup Fees on Spread
1% for both opening and closing a position
$1.50
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
30:1
50:1
Non-Trading Fees
Dormant Fees
$10/month after 12 months of inactivity
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
It depends up on the account type
Swap Fees (Overnight Financing)
NA
over $10 million free
Statement or Document Fee
NA
NA
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$0
$0
Currency Conversion Fee
0.75%
$0.03
Withdrawal Fee
$5 fee for withdrawals to external accounts
$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)
9:30am ET until 4pm during normal business days
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)
24/7
24/7
Customer Support Methods (phone, email, live chat)
Chatbot, Live chat, Ticket
Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat
Support Languages
19+
33
Additional Information
Headquarters Location
4th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom
Greenwich, Connecticut
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Yes