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It's quite expensive to convert the profits to your base currency

If customer service and a bit user friendly interface make sense to you (and they should, in my opinion) stay away from IB. As a side note: their commissions are among the lowest, but who cares when you have to convert "worthless pennies" to your base account and paying commissions on them (minimum is 2.5 USD for each conversion?).

johnlucas, forexfactory.com 2009-07-27

Interactive Brokers Interactive Brokers Review

Interactive Brokers Review - Forex trading experience and rating

Headquarters:
One Pickwick Plaza, Greenwich, CT 06830 USA

Country: United States

 

Regulated by:

CFTC, NFA (US) , FSA (UK), IIROC (Canada)

 


Trader's rate 3.1
Editor's rate 3.6

Account Info:

minimum deposit: $2,000

minimum lot size: 25k

max leverage: 1:50

 

Spread:

Variable, from 0.1 pips

Commissons: 0.2 pips, minimum $2,5

 

Deposit/Withdraw

Bank Wire, Check

 

Platform:

Custom trading platform

 

Broker type: ECN

 

Forex Signals:

Interactive brokers partners with Zulutrade to provide traders with access to the best forex signal providers in the world



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