of 3rd party research, including free and premium content, as well as bundled services. While Interactive Brokers still offers forex to institutional clients with at least 10 million in the.S., it discontinued its retail forex offering in September 2016 and therefore only offers retail forex trading to international clients outside of the.S. Despite all these various fees and trading costs, Interactive Brokers appears to score well in this category, but without publishing its average spreads, it is difficult to make a precise comparison. Deposit: 50 Leverage: 1:1000, review! Saxo Bank SaxoTraderPro Desktop Platfrom Second up on the podium is TD Ameritrade for its highly innovative and rich thinkorswim desktop platform. In 2017, Interactive Brokers launched Bitcoin futures, helping to position itself to cater to the growing demand from traders and investors who look for exposure to speculative digital assets within their portfolios.
This feature has improved from its beta stage seen in our review last year, and is now also integrated into Interactive Brokers mobile bitcoin miners wiki app. Unless you cannot access the desktop, or you prefer a more simplified trading environment, then web-based TWS is worth checking out. For active traders, there are applicable discounts you may be entitled to depending on your monthly trading volumes and the relevant products, and while active traders can be rewarded with commission discounts, beginners may find overcoming fees more challenging due to monthly minimum spend requirements. In addition to significantly expanding its range of cryptocurrency CFDs, the broker provides access to global stock exchanges through its share-dealing account offering (for more information about IGs share-dealing offering, read our IG Group UK share dealing review on our sister site, m). It also has the most regulatory licenses among all brokers, including licenses from top-tier jurisdictions such as the US, UK, and Switzerland. Never Miss a Trading Opportunity Again. Other Notes Besides the algorithmic-driven orders, Interactive Brokers offers multiple options for algorithmic traders or those who wish to connect programmatically via API using various protocols across its trading platforms, including the FIX ctci platform for traders who need to build their own trading systems. To avoid fraud, it is critical to use a well-known and well-regulated broker.