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Interactive Brokers vs Venom Trading : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Interactive Brokers
Venom Trading
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
ECN
Years of Existence / Established Year
1993
2004
Customer Base / Number of Accounts
3.12M
Info not available
Regulation & Security
Regulations (governing bodies)
SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD
FINRA NFA SIPC
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
Best in class for professional trading by stockbrokers.com
Security Measures
SIPC
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
No
Negative Balance Protection
Yes
No
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
-
Currency Pairs
Yes
Yes
Commodities
No
No
Indices
No
No
Cryptocurrencies
Yes
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT
Venom mobile Venom desktop Venom web
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes except Mac
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
Individual account IRA account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$5,000
Leverage Available
10:1 to 50:1
1:4
Trade Limit (maximum per trade)
EUR 5,000,000
Trade size vary on each asset
Commission (per account type)
$0
NA
Best Suited For (e.g., beginners, experienced traders)
Beginner to advanced traders
Experienced
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
Wire transfer ACH transfer Online bill pay
Withdrawal Methods
ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA
ACATS DWAC DRS
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
No
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)
Short videos & courses Recorded webinars
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
Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract
Spread (typical, fixed, variable)
Fixed spread
Typical
Per Lot Fees
NA
NA
Options Contract Fees
$0.65/contract
$0.75 per contract
Futures Contract Fees
$0.85
$1.25 per contract per side
Markup Fees on Spread
$1.50
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
50:1
1:4
Non-Trading Fees
Dormant Fees
$0
NA
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
$0
Account Maintenance Fee
$0
IRA - $7.5 quarterly fee
Deposit Fee
$0
$0
Currency Conversion Fee
$0.03
Vary for different exchanges
Withdrawal Fee
$10 outgoing wire transfer fee
Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
No
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
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
Monday to Friday - 7am to 4.30pm CST
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/5 weekday customer service
Customer Support Methods (phone, email, live chat)
Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat
Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]
Support Languages
33
1
Additional Information
Headquarters Location
Greenwich, Connecticut
3008 E. Hebron Pkwy Building 400, Carrolton TX 75010
Complaints (for crypto brokers)
No
No
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