
ASIC-regulated trading with spreads from 0.1 pips
Interactive Brokers — 1978-founded ASIC/CENTRAL BANK OF IRELAND-regulated broker offering spreads from 0.1 pips and Proprietary platform.
Min Deposit
Raw Spread
Max Leverage
Instruments
Trusted with a 4.3/5 customer rating


Interactive Brokers is a brokerage established in 1978, headquartered in United States. This editorial review walks through regulation, platforms, fees, and who Interactive Brokers is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
It is supervised by the following authorities according to its public disclosures: ASIC, Central Bank of Ireland, CFTC, FCA, MAS, SEBI, SEC. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
The supported trading platforms include: Proprietary platform. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Advertised spreads at Interactive Brokers start from 0.1 pips on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
The published minimum deposit is $0 as of the latest editorial review. Interactive Brokers markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Supported channels include: 2. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Pros
Cons
This editorial assessment of Interactive Brokers is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds
Used Interactive Brokers for about eight months. The platform is reliable and the spreads are advertised honestly — what you see is mostly what you get during normal market hours. The $0 entry point made it easier to start small. A small deduction in the rating because the educational content feels recycled rather than original, but that's a minor gripe.
Switched to Interactive Brokers from a much larger broker because the pricing structure is more transparent. The $0 entry point made it easier to start small. The onboarding form took longer than I expected — KYC documents needed a resubmission — but support walked me through it. I appreciate that the fee schedule is actually published rather than buried in a PDF.
Having traded forex for six years across four brokers, Interactive Brokers sits comfortably in my top three. Charting and execution feel responsive on my setup. Slippage on stop orders is minor and within tolerance for my system. The web platform handles multi-monitor setups without complaints. Demo-test the asset coverage you actually trade before committing real capital.
Long-term position trader. I value boring stability over flashy promotions, and Interactive Brokers delivers that. Regulatory cover from ASIC was a deciding factor for me. The platform doesn't shake me out of trades on weekend gaps the way some smaller brokers have. Reporting tools are good enough for my tax accountant. Will continue using.
Casual trader with a small account. Interactive Brokers doesn't penalise you for not trading every day — no aggressive 'inactivity' nudges in the inbox. Charting and execution feel responsive on my setup. Found a couple of UI quirks on Safari that resolved by switching to Chrome. Nothing platform-breaking; logged it with support and got a courtesy follow-up the same week.
Switched my prop-style account to Interactive Brokers after my prior provider had ongoing platform outages. Regulatory cover from ASIC was a deciding factor for me. The $0 entry point made it easier to start small. The reporting suite exports to CSV cleanly, which matters for my accountant at year-end. Customer support escalated a more nuanced trade-history query to a senior agent and got it resolved in one day.

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