ActivTrades vs Interactive Brokers Compared 2024

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ActivTrades and  Interactive Brokers are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. ActivTrades is regulated by 5 regulatory authorities , including the SCB, FCA, CMVM, BACEN, and CVM. On the other hand,  Interactive Brokers is regulated by 9 regulatory authorities, including SEC , CFTC ,FCA, FSCS, FINRA, FCM,  IIROC, MAS, FSA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.

In this article, we will compare ActivTrades with  Interactive Brokers regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if ActivTrades is better than Etoro and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.

ActiveTrades vs Interactive Brokers: In a Nutshell

ActiveTrades

ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options.

ActivTrade At a Glance

ActivTrade At a Glance
  • Founded In: 2001
  • Founder: Alex Pusco
  • Headquarters: London, UK
  • Minimum Deposit: No Minimum Deposit. However Chinese and Brazilian traders require a $500 Minimum Deposit. 
  • Maximum Leverage: 1:200 for retails traders, and 1:400 for Pro traders 
  • Regulations:FCA, SCB, CMVM, BACEN and CVM
  • Trading platform: MT4, MT5, ActivTrader and Tradingview
  • Account Types:  Professional Account, Retail Account
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
  • US Clients : Not Accepted

Interactive Brokers

Founded in New York, USA in 1978 by Thomas Peterffy, Interactive Brokers has grown into a global brand with over 2.1 million clients. It is an American Multinational brokerage firm headquartered in Greenwich, Connecticut.  It has become one of the leading online trading solutions for traders, investors, and advisors. The brokers give access to over 5000+ tradable assets including forex, CFDs, warrants, ETFs Options, Futures, Mutual Funds, and Bonds. To trade online, IBKR offers WebTrader, FIX API, MobileTrader (MobileApp), and TWS trading platforms. To learn more about IBKR, you can read our review of Interactive Brokers

Interactive Brokers Overview

Interactive Brokers Overview
  • Founded In: 1978
  • Founder: Chairman Thomas Peterffy
  • Headquarters: Greenwich, Connecticut, United States
  • Minimum Deposit: None
  • Maximum Leverage: 500:1
  • Regulations: SEC , CFTC ,FCA, FSCS, ASIC , IIROC , FSA
  • Trading platform: WebTrader, FIX API, MobileTrader
  • Account Types: Family Office Account ,UGMA/UTMA, IRA, Trust ,Joint, Individuals
  • Payment Options: Bank Wire (BankTransfer/SWIFT), ACH (Automated Clearing House), BPAY, Check, Direct Debit, Local Bank Deposits, Transfer from Existing Broker
  • US Traders:  Accepted 

ActivTrades vs: Interactive Brokers Features

ActivTrades

  • Trading Instruments: 1000+Trading instruments including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds, etc 
  • Maximum leverage: 1:30 for retail traders of FCA, and CMVM, 1:200 for retail traders of SCB, and 1:400 for Pro Traders.
  • Minimum Deposit: No Minimum Deposit. However, for Chinese and Brazilian clients the minimum deposit is $500
  • Account Types: Two ( Professional, Retail) 
  • Trading Fees: ActiveTrades charges spread. The spread starts from as low as 0.5 pips. It does not charge any commission. 
  • PAMM/ MAM:  Available 
  • Zulutrade: Available
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Interactive Brokers

  • Trading Instruments: 5000+Trading instruments including forex, CFDs, warrants, ETFs Options, Futures, Mutual Funds, stocks, options, and Bonds
  • Maximum leverage: 50:1  for US Clients, 30:1  for EU clients, and 400:1 for global clients. 
  • Minimum Deposit: The Interactive Brokers minimum deposit is $0 for a cash account, $2,000 for a T Reg margin account, and $110,000 for a portfolio margin account. The minimum deposit is subject to change depending on the trading account opened and the base currency selected.
  • Trading Fees: spreads starting from as low as 0.1 pips, Stock fees USD 0.005 per share. 
  • PAMM/ MAM:  Not Available
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed with Capitalise.ai

ActivTrades vs Interactive Brokers: Pros and Cons

ActivTrades

Pros
  • Regulated by FCA, SCB, CMVM.
  • There is no Minimum Deposit. You may deposit as low as possible
  • The maximum leverage is as high as 200:1.
  • Free deposit and withdrawal.
  • Allows scalping, news trading, and EA trading.
  • Has MT4, MT5, TradingView, and ActivTrades platforms.
  • Offers 1000+ trading instruments.
  • Spreads start from 0.5 pips.
  • Provides fast order execution.
  • Lloyds of London insurance up to $1,000,000.
  • Offers 24-hour customer support in 14 languages.
  • Supports a variety of bank accounts.
  • Available to customers in more than 140 countries
Cons
  • Not regulated by ASIC or CySEC.
  • Only forex and CFDs are offered; no real tradable instruments are available.
  • No passive investment programs like PAMM or MAM accounts.
  • Mediocre customer support.
  • Not authorized to trade real stocks.
  • Offers 24/5 support.
  • A bank wire withdrawal fee is applicable.
  • Wide spreads in crypto pairs.
  • An inactivity fee may be charged.
  • The minimum deposit for Brazilian and Chinese traders is $500.

Interactive Brokers

Pros
  • IBK is a Forex and Stock Broker 
  • Excellent reputation (founded in 1978)
  • Regulated by top regulators like  ASIC, FCA, FSA, SFC, IIROC 
  • A wide range of products offered warrants, ETFs, Options, Futures, Mutual Funds, Bonds 
  • Over 18,000 no-transaction-fee mutual funds.
  • No monthly inactivity fee
  • Low trading fees and high interest (up to 4.58% for USD) on cash balances
  • Access to international markets and exchanges 
  • Mobile apps are convenient for individual investors.
Cons
  • Complicated account opening 
  • Learning Curve for Beginners
  • The maximum leverage is only 1:40 
  •  No Metatrader platforms (MT4, MT5) offered 
  • High minimum deposit requirements for some account types 
  • Interactive Advisors (Robo-advisor feature) is only available for US customers
  • No fixed spread is available 

ActivTrades vs Interactive Brokers: Side-by-Side Comparison

ActivTrades
Interactive Broker
Product
Product
ActivTrades
Interactive Broker
Founded In
Founded In
2005
1978
Founded By
Founded By
Matthew Murphie
Chairman Thomas Peterffy
Headquarters
Headquarters
London, E1W 1YN, United Kingdom.
Greenwich, Connecticut, United States
Regulations
Regulations
FCA,CSSF,SCB, BACEN,CVM and CMVM
SEC, CFTC, FCA, FSCS, FINRA, FCM, IIROC, MAS, FSA
Min Deposit
Min Deposit
$10
None
Max Leverage
Max Leverage
1:400
1:500
Tradable Assets
Tradable Assets
Forex, Shares, Indices, Cryptocurrencies, ETFs, Commodities.
Stocks, options, futures, currencies, bonds, and funds
Fees
Fees
Spread from 0.5 pips
Spread starting from 1 pips
Platforms and Tools
Platforms and Tools
MT4, MT5, ActivTrader and Tradingview
WebTrader, FIX API, MobileTrader
US Traders
US Traders
Not Allowed
Allowed

ActivTrades Vs Interactive Brokers: Our Scores and Ratings

We rated both brokers, ActivTrades and Interactive Brokers, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

ActivTrades :

9
ActivTrades Score
Regulation and Security (40%)9
Fees and Commissions (20%)9.3
Trading (15%)9.2
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)8

Interactive Brokers:

9.1
Interactive Brokers Score
Regulation and Security (40%)10
Fees and Commissions (20%)8
Trading (15%)9
Trading tools (10%)7
Customer Support (10%)9.5
Trading Education (5%)9

Final Verdict :

ActivTrades and  Interactive Brokers are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01. 

However, there are a few areas where you may find some differences. For example, the minimum deposit for ActivTrades is $0 (Chinese and Brazilian $500), whereas the minimum deposit for  Interactive Brokers is $0. Additionally, the maximum leverage for ActivTrades is 1:200 for retail traders, and 1:400 for Pro traders. In contrast, the maximum leverage for  Interactive Brokers is 500:1. ActivTrades offers passive investment programs like MAM and PAMM, while  Interactive Brokers does not have any passive investment programs.

Our score for ActivTrades is 9, and for  Interactive Brokers, it is 9.1 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose ActivTrades. However, if you prefer another forex brokers that offer similar services, you may choose  Interactive Brokers.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

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